401(k) · DOL Form 5500 · 2023

Micron Precision, LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
186
Participants Below avg headcount
59th
Percentile by assets National rank
$55,800
Avg per participant Low balance/head
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Official DOL plan name: King Machine of Charlotte 401(k) Plan · Sponsored by Micron Precision, LLC · North Carolina · Construction

$10M in assets, 186 participants

Micron Precision, LLC's King Machine of Charlotte 401(k) Plan reported $10M in total assets and 186 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #5,222 in Construction (9,030 peers)

Coverage in North Carolina

King Machine of Charlotte 401(k) Plan covers 186 participants in North Carolina, about 23% of the average North Carolina filer (state average ~819 per filing). Assets: $10M.

#5,222
in Construction (9,030 peers)
+17.1%
assets growth YoY

King Machine of Charlotte 401(k) Plan's mid-pack asset rank among Construction and all filers

King Machine of Charlotte 401(k) Plan vs every filed plan by assets

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

$10,378,772 Top 41% higher than 59% 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

King Machine of Charlotte 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. King Machine of Charlotte 401(k) Plan sits mid-pack in the medium band (186 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • King Machine of Charlotte 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • King Machine of Charlotte 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • King Machine of Charlotte 401(k) Plan reported participants fell from 206 in the plan year 2022 filing to 186 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 561892737 · Micron Precision, LLC PY 2023 · 401(k)

King Machine of Charlotte 401(k) Plan · $10M · 186 · 59th

  • VS-ST $10M
  • BOY 186
  • SCH 59th
  • EBSA 401(k)
  • PART near Abington Reldan Metals, LLC 401(k) Profit Sharing Plan
  • TYPE ind #5222

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 Construction retirement plans → · Plans in North Carolina →

King Machine of Charlotte 401(k) Plan in the asset neighbourhood

King Machine of Charlotte 401(k) PlanKing Machine of Charlotte 40…$10MAbington Reldan Metals, LLC 401(k) Profit Sharing PlanAbington Reldan Metals, LLC …$10MSunland Logistics Solutions, Inc. 401(k) Salary Reduction Plan & TrustSunland Logistics Solutions,…$10MLids 401(k) Salary Deferral PlanLids 401(k) Salary Deferral …$10MAlt & Witzig Engineering, Inc. 401(k) PlanAlt & Witzig Engineering, In…$10M
End-of-year total assets ($M) among King Machine of Charlotte 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN561892737
Plan Effective Date1998-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Micron Precision, LLC)

Sponsor-wide plan assets over time

All Micron Precision, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 18.660085608381664% vs 2022
2024 filing year
$8.5M$9M$9.5M$10M$10.5M$11M 202220232024 $8.86M $10.5M ▲ +18.6%
Year Plans Participants Total Assets
2022 1 206 $9M
2023 1 186 $10M
2024 1 193 $11M

Nearby 401(k) Plans in North Carolina

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

King Machine of Charlotte 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants King Machine of Charlotte 401(k) Plan, Total assets ($B): 0.010378772 · Participants: 186King Machine of Charlotte 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
King Machine of Charlotte 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare King Machine of Charlotte 401(k) Plan side-by-side with 3 peers →

King Machine of Charlotte 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Abington Reldan Metals, LLC 401(k) Profit Sharing Plan in PA ($10M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 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 King Machine of Charlotte 401(k) Plan assets move in 2023? ▼
King Machine of Charlotte 401(k) Plan grew sharply - up 17.1% during 2023, from $9M to $10M. Reported net income was $2M.
How have Micron Precision, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Micron Precision, LLC's sponsor-wide assets grew 18.7%, from $9M to $11M.
Which 401(k) plans are similar in size to King Machine of Charlotte 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Abington Reldan Metals, LLC 401(k) Profit Sharing Plan in PA ($10M, 137 participants).
Which 401(k) plans cover a similar participant headcount to King Machine of Charlotte 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dennelisse Corporation 401(k) Plan in NY (186 participants, $1M 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 561892737.

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.