401(k) · DOL Form 5500 · 2024

Monroe Hardware Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
93
Participants Small participant base
37th
Percentile by assets National rank
$40,233
Avg per participant Low balance/head
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Official DOL plan name: Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan · Sponsored by Monroe Hardware Company · North Carolina · Wholesale Trade

$4M in assets, 93 participants

Monroe Hardware Company's Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan reported $4M in total assets and 93 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #1,614 in Wholesale Trade (6,080 peers)

Monroe Hardware Company multi-year trail

Monroe Hardware Company's plans moved -24.3% in assets from 2022 to 2024; this filing shows Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan at $4M / 93 participants.

#1,614
in Wholesale Trade (6,080 peers)
-19.1%
assets change YoY

The plan reported a net loss of $886K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,741,635 37th percentile higher than 37% of 123,620 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 2024

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan is a small filing (93 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan reported net income fell from -$313K in the plan year 2023 filing to -$886K in the plan year 2024 filing.
  • Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan reported participants rose from 71 in the plan year 2023 filing to 93 in the plan year 2024 filing.
  • Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan end-of-year assets fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 560325288 · Monroe Hardware Company PY 2024 · 401(k)

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan · $4M · 93 · 37th

  • PCT $4M
  • EIN 93
  • RANK 37th
  • PHOTO 401(k)
  • IND near Terrapin Beer Company, LLC 401(k) Plan
  • EOY ind #1614

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan in the asset neighbourhood

Monroe Hardware Company 401(k) Retirement and Profit Sharing PlanMonroe Hardware Company 401(…$4MTerrapin Beer Company, LLC 401(k) PlanTerrapin Beer Company, LLC 4…$4MKartini Clinic, P.C. 401(k) Profit Sharing PlanKartini Clinic, P.C. 401(k) …$4MVail Rubber Works, Inc. Collectively Bargained 401(k) Retirement PlanVail Rubber Works, Inc. Coll…$4MRs Utility Structures Inc. 401(k) PlanRs Utility Structures Inc. 4…$4M
End-of-year total assets ($M) among Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Monroe Hardware Company multi-year asset trail

Sponsor-wide plan assets over time

All Monroe Hardware Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 24.259198081315745% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $4.94M $3.74M ▼ -24.3%
Year Plans Participants Total Assets
2022 1 101 $5M
2023 1 71 $5M
2024 1 93 $4M

Monroe Hardware Company filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$886K
Employer EIN560325288
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan, Total assets ($B): 0.003741635 · Participants: 93Monroe Hardware Company 401(k) Retirement and Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan side-by-side with 3 peers →

Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Terrapin Beer Company, LLC 401(k) Plan in GA ($4M); by covered participants it is Burns Pest Elimination, Inc. 401(k) Plan in AZ (93 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (93 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan assets move in 2024? ▼
Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan declined sharply - down 19.1% during 2024, from $5M to $4M. Reported net income was -$886K.
How have Monroe Hardware Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Monroe Hardware Company's sponsor-wide assets declined 24.3%, from $5M to $4M.
Which 401(k) plans are similar in size to Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Terrapin Beer Company, LLC 401(k) Plan in GA ($4M, 86 participants).
Which 401(k) plans cover a similar participant headcount to Monroe Hardware Company 401(k) Retirement and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Burns Pest Elimination, Inc. 401(k) Plan in AZ (93 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560325288.

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.