401(k) · DOL Form 5500 · 2023

Macon Program for Progress, Inc. 401(k) Retirement

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$3M
Total assets
89
Participants
8th
Percentile by assets

Sponsored by Macon Program for Progress Inc · North Carolina · Healthcare & Social Assistance

What the 2023 filing shows

Macon Program for Progress, Inc. 401(k) Retirement holds $3M for 89 participants - about $34,003 per participant, among the smaller plans by assets on file, up 11.5% over the 2023 plan year.

$3M
total plan assets (2023 EOY)
89
covered participants
8th
percentile by assets (of 72,800 plans)
$34,003
avg assets per participant
Total Assets (2023)
$3M
Participants
89
Industry
Healthcare & Social Assistance

What the Filing Says About Macon Program for Progress, Inc. 401(k) Retirement

Macon Program for Progress, Inc. 401(k) Retirement is a 401(k) retirement plan sponsored by Macon Program for Progress Inc, headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 89 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 566065297, and the plan has been effective since 2015-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2023 to $3M at year-end - a gain of 11.5%. Net assets (after liabilities) closed the year at $3M, with reported net income of $312K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$312K
Plan Type401(k)
Employer EIN566065297
Plan Effective Date2015-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Macon Program for Progress Inc)

Year Plans Participants Total Assets
2022 1 106 $3M
2023 1 89 $3M

Nearby 401(k) Plans in North Carolina

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

Frequently Asked Questions

How much money is in the Macon Program for Progress, Inc. 401(k) Retirement?
As of the 2023 Form 5500 filing, Macon Program for Progress, Inc. 401(k) Retirement holds $3M in total assets with 89 participants. It is sponsored by Macon Program for Progress Inc.
What type of plan is Macon Program for Progress, Inc. 401(k) Retirement?
Macon Program for Progress, Inc. 401(k) Retirement is a 401(k) plan. It has been effective since 2015-07-01. The plan is filed with the U.S. Department of Labor under EIN 566065297.
Who sponsors the Macon Program for Progress, Inc. 401(k) Retirement?
Macon Program for Progress, Inc. 401(k) Retirement is sponsored by Macon Program for Progress Inc, located in North Carolina. The sponsor's EIN is 566065297 and the plan operates in the Healthcare & Social Assistance industry.
How did Macon Program for Progress, Inc. 401(k) Retirement perform in 2023?
Macon Program for Progress, Inc. 401(k) Retirement grew by 11.5% during 2023, moving from $3M to $3M in total assets. Net income was $312K.
Where can I find official filings for Macon Program for Progress, Inc. 401(k) Retirement?
Official Form 5500 filings for Macon Program for Progress, Inc. 401(k) Retirement are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 566065297 or plan name at efast.dol.gov.
How does Macon Program for Progress, Inc. 401(k) Retirement compare to other plans?
You can compare Macon Program for Progress, Inc. 401(k) Retirement against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks all 133,317 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 566065297.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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