401(k) · DOL Form 5500 · 2023

Mack Truck Sales of Charlotte, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
380
Participants Below avg headcount
66th
Percentile by assets National rank
$37,616
Avg per participant Low balance/head
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Official DOL plan name: Mcmahon Truck Centers 401(k) Retirement Plan · Sponsored by Mack Truck Sales of Charlotte, Inc. · North Carolina · Retail Trade

$14M in assets, 380 participants

Mack Truck Sales of Charlotte, Inc.'s Mcmahon Truck Centers 401(k) Retirement Plan reported $14M in total assets and 380 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #6,470 in Retail Trade (8,414 peers)

Coverage in North Carolina

Mcmahon Truck Centers 401(k) Retirement Plan covers 380 participants in North Carolina, about 46% of the average North Carolina filer (state average ~819 per filing). Assets: $14M.

#6,470
in Retail Trade (8,414 peers)
+23.4%
assets growth YoY

Mcmahon Truck Centers 401(k) Retirement Plan's mid-pack asset rank among Retail Trade and all filers

Mcmahon Truck Centers 401(k) Retirement Plan vs every filed plan by assets

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

$14,294,157 Top 34% higher than 66% 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

Mcmahon Truck Centers 401(k) Retirement 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. Mcmahon Truck Centers 401(k) Retirement Plan sits mid-pack in the medium band (380 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcmahon Truck Centers 401(k) Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mcmahon Truck Centers 401(k) Retirement Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Mcmahon Truck Centers 401(k) Retirement Plan reported participants rose from 319 in the plan year 2022 filing to 380 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 561784884 · Mack Truck Sales of Charlotte, Inc. PY 2023 · 401(k)

Mcmahon Truck Centers 401(k) Retirement Plan · $14M · 380 · 66th

  • BOY $14M
  • BOY 380
  • BOY 66th
  • BOY 401(k)
  • BOY near Employee Benefit Plan of Universal Nutrition
  • BOY ind #6470

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 Retail Trade retirement plans → · Plans in North Carolina →

Mcmahon Truck Centers 401(k) Retirement Plan in the asset neighbourhood

Caran Precision Eng. & Mfg. Corp. Retirement Savings PlanCaran Precision Eng. & Mfg. …$14MMcmahon Truck Centers 401(k) Retirement PlanMcmahon Truck Centers 401(k)…$14MEmployee Benefit Plan of Universal NutritionEmployee Benefit Plan of Uni…$14MCheer Pack North America 401(k) PlanCheer Pack North America 401…$14MSmith & Downey, P.a. 401(k) PlanSmith & Downey, P.a. 401(k) …$14M
End-of-year total assets ($M) among Mcmahon Truck Centers 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN561784884
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mack Truck Sales of Charlotte, Inc.)

Sponsor-wide plan assets over time

All Mack Truck Sales of Charlotte, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 45.29858535533719% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.6M $16.8M ▲ +45.3%
Year Plans Participants Total Assets
2022 1 319 $12M
2023 1 380 $14M
2024 1 373 $17M

Nearby 401(k) Plans in North Carolina

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

Mcmahon Truck Centers 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Mcmahon Truck Centers 401(k) Retirement Plan, Total assets ($B): 0.014294157 · Participants: 380Mcmahon Truck Centers 401(k) Retirement 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
Mcmahon Truck Centers 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mcmahon Truck Centers 401(k) Retirement Plan side-by-side with 3 peers →

Mcmahon Truck Centers 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Employee Benefit Plan of Universal Nutrition in NJ ($14M); by covered participants it is Midwest Radiology P.a. Profit Sharing Plan in MN (380 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (380 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 Mcmahon Truck Centers 401(k) Retirement Plan assets move in 2023? ▼
Mcmahon Truck Centers 401(k) Retirement Plan grew sharply - up 23.4% during 2023, from $12M to $14M. Reported net income was $3M.
How have Mack Truck Sales of Charlotte, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mack Truck Sales of Charlotte, Inc.'s sponsor-wide assets grew 45.3%, from $12M to $17M.
Which 401(k) plans are similar in size to Mcmahon Truck Centers 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Employee Benefit Plan of Universal Nutrition in NJ ($14M, 194 participants).
Which 401(k) plans cover a similar participant headcount to Mcmahon Truck Centers 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Midwest Radiology P.a. Profit Sharing Plan in MN (380 participants, $275M 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 561784884.

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.