401(k) · DOL Form 5500 · 2023

Material Handling Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$147M
Total assets Near avg plan size
2,275
Participants Above avg headcount
93rd
Percentile by assets National rank
$64,457
Avg per participant Low balance/head
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Official DOL plan name: Material Handling Systems, Inc. 401(k) Profit Sharing Plan · Sponsored by Material Handling Systems, Inc. · Kentucky · Professional & Technical Services

$147M in assets, 2,275 participants

Material Handling Systems, Inc.'s Material Handling Systems, Inc. 401(k) Profit Sharing Plan reported $147M in total assets and 2,275 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,228 in Professional & Technical Services (20,321 peers)

Coverage in Kentucky

Material Handling Systems, Inc. 401(k) Profit Sharing Plan covers 2,275 participants in Kentucky, 3.5x the typical Kentucky plan (state average ~647 per filing). Assets: $147M.

#19,228
in Professional & Technical Services (20,321 peers)
+50.8%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Material Handling Systems, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Material Handling Systems, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$146,638,729 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Material Handling Systems, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Material Handling Systems, Inc. 401(k) Profit Sharing Plan lands in the large band (2,275 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Material Handling Systems, Inc. 401(k) Profit Sharing Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Material Handling Systems, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $97M in the plan year 2022 filing to $147M in the plan year 2023 filing.
  • Material Handling Systems, Inc. 401(k) Profit Sharing Plan reported participants fell from 2,298 in the plan year 2022 filing to 2,275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 611350369 · Material Handling Systems, Inc. PY 2023 · 401(k)

Material Handling Systems, Inc. 401(k) Profit Sharing Plan · $147M · 2,275 · 93rd

  • PCT $147M
  • PCT 2,275
  • PCT 93rd
  • PCT 401(k)
  • PCT near Pluralsight 401(k) Plan
  • PCT ind #19228

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Kentucky →

Material Handling Systems, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

The Pepper Companies, Inc. Retirement and Savings PlanThe Pepper Companies, Inc. R…$147MForm Technologies 401(k) Plan$147MMaterial Handling Systems, Inc. 401(k) Profit Sharing PlanMaterial Handling Systems, I…$147MPluralsight 401(k) Plan$147MAmerican Hospital Association 401(k) Thrift and Savings PlanAmerican Hospital Associatio…$147M
End-of-year total assets ($M) among Material Handling Systems, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$97M
Net Assets (End of Year)$147M
Net Income$5M
Employer EIN611350369
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Material Handling Systems, Inc.)

Sponsor-wide plan assets over time

All Material Handling Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$148M 52.20825565242232% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $97.2M $148M ▲ +52.2%
Year Plans Participants Total Assets
2022 1 2,298 $97M
2023 1 2,275 $147M
2024 1 1,783 $148M

Nearby 401(k) Plans in Kentucky

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Material Handling Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Material Handling Systems, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.146638729 · Participants: 2275Material Handling Systems, Inc. 401(k) Profit Sharing PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Material Handling Systems, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Material Handling Systems, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Material Handling Systems, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Pluralsight 401(k) Plan in UT ($147M); by covered participants it is Growmark 401(k) Plan in IL (2,275 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($147M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,275 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Material Handling Systems, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Material Handling Systems, Inc. 401(k) Profit Sharing Plan surged - up 50.8% during 2023, from $97M to $147M. Reported net income was $5M.
How have Material Handling Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Material Handling Systems, Inc.'s sponsor-wide assets grew 52.2%, from $97M to $148M.
Where does Material Handling Systems, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Material Handling Systems, Inc. 401(k) Profit Sharing Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Material Handling Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pluralsight 401(k) Plan in UT ($147M, 1,539 participants).
Which 401(k) plans cover a similar participant headcount to Material Handling Systems, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Growmark 401(k) Plan in IL (2,275 participants, $250M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 611350369.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.