401(k) · DOL Form 5500 · 2023

Mcrae Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
484
Participants Below avg headcount
74th
Percentile by assets National rank
$45,340
Avg per participant Low balance/head
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Official DOL plan name: The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan · Sponsored by Mcrae Industries, Inc. · North Carolina · Manufacturing

$22M in assets, 484 participants

Mcrae Industries, Inc.'s The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan reported $22M in total assets and 484 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #12,103 in Manufacturing (18,722 peers)

Mcrae Industries, Inc. multi-year trail

Mcrae Industries, Inc.'s plans moved +13.5% in assets from 2022 to 2024; this filing shows The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan at $22M / 484 participants.

#12,103
in Manufacturing (18,722 peers)
+9.0%
assets growth YoY

The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan's outsized position by total assets

The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan vs every filed plan by assets

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

$21,944,490 Top 26% higher than 74% 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

The Mcrae Industries, Inc. Employee Stock Ownership and Savings 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. The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan sits mid-pack in the medium band (484 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan reported net income rose from $273K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan end-of-year assets rose from $20M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan reported participants rose from 449 in the plan year 2022 filing to 484 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 560706710 · Mcrae Industries, Inc. PY 2023 · 401(k)

The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan · $22M · 484 · 74th

  • BOOK $22M
  • VS-ST 484
  • BOY 74th
  • SCH 401(k)
  • EBSA near Rendr Care Physicians 401(k) Plan
  • PART ind #12103

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 Manufacturing retirement plans → · Plans in North Carolina →

The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan in the asset neighbourhood

Saipem America, Inc. Employee Retirement PlanSaipem America, Inc. Employe…$22MThe Mcrae Industries, Inc. Employee Stock Ownership and Savings PlanThe Mcrae Industries, Inc. E…$22MRendr Care Physicians 401(k) PlanRendr Care Physicians 401(k)…$22MKatahdin Trust Company 401(k) PlanKatahdin Trust Company 401(k…$22MStonewall Kitchen, LLC 401(k) Profit Sharing PlanStonewall Kitchen, LLC 401(k…$22M
End-of-year total assets ($M) among The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mcrae Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mcrae Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 13.534927632751922% vs 2022
2024 filing year
$19M$20M$21M$22M$23M$24M 202220232024 $20.1M $22.9M ▲ +13.5%
Year Plans Participants Total Assets
2022 1 449 $20M
2023 1 484 $22M
2024 1 465 $23M

Mcrae Industries, Inc. filing trail (2023)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$2M
Employer EIN560706710
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan, Total assets ($B): 0.02194449 · Participants: 484The Mcrae Industries, Inc. Employee Stock Ownership and Savings 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
The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan side-by-side with 3 peers →

The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Rendr Care Physicians 401(k) Plan in NY ($22M); by covered participants it is Verizon Savings and Security Plan for West Region Hourly Employees in NJ (484 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (484 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 The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan assets move in 2023? ▼
The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan grew at a solid clip - up 9.0% during 2023, from $20M to $22M. Reported net income was $2M.
How have Mcrae Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcrae Industries, Inc.'s sponsor-wide assets grew 13.5%, from $20M to $23M.
Which 401(k) plans are similar in size to The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rendr Care Physicians 401(k) Plan in NY ($22M, 655 participants).
Which 401(k) plans cover a similar participant headcount to The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Verizon Savings and Security Plan for West Region Hourly Employees in NJ (484 participants, $301M 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 560706710.

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.