401(k) · DOL Form 5500 · 2024

Mechanical Concepts Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
7
Participants Small participant base
38th
Percentile by assets National rank
$574,746
Avg per participant High balance/head
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Official DOL plan name: Mechanical Concepts Inc. Profit Sharing Plan · Sponsored by Mechanical Concepts Inc. · Indiana · Construction

$4M in assets, 7 participants

Mechanical Concepts Inc.'s Mechanical Concepts Inc. Profit Sharing Plan reported $4M in total assets and 7 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #3,352 in Construction (9,039 peers)

Mechanical Concepts Inc. multi-year trail

Mechanical Concepts Inc.'s plans moved +51.1% in assets from 2022 to 2024; this filing shows Mechanical Concepts Inc. Profit Sharing Plan at $4M / 7 participants.

#3,352
in Construction (9,039 peers)
+22.1%
assets growth YoY

Mechanical Concepts Inc. Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Mechanical Concepts Inc. Profit Sharing Plan vs every filed plan by assets

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

$4,023,223 38th percentile higher than 38% 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

Mechanical Concepts Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mechanical Concepts Inc. Profit Sharing Plan is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mechanical Concepts Inc. Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Mechanical Concepts Inc. Profit Sharing Plan reported net income rose from $634K in the plan year 2023 filing to $727K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 351758534 · Mechanical Concepts Inc. PY 2024 · 401(k)

Mechanical Concepts Inc. Profit Sharing Plan · $4M · 7 · 38th

  • PART $4M
  • TYPE 7
  • NET 38th
  • BOOK 401(k)
  • VS-ST near Rivo Holdings, LLC 401(k) Plan
  • BOY ind #3352

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 Indiana →

Mechanical Concepts Inc. Profit Sharing Plan in the asset neighbourhood

Mechanical Concepts Inc. Profit Sharing PlanMechanical Concepts Inc. Pro…$4MRivo Holdings, LLC 401(k) PlanRivo Holdings, LLC 401(k) Pl…$4MJ. Gregory Peo Pooled 401(k) PlanJ. Gregory Peo Pooled 401(k)…$4MSpectrofuge Corporation of North Carolina, Inc. 401(k) PlanSpectrofuge Corporation of N…$4MCabrera Retirement Plan$4M
End-of-year total assets ($M) among Mechanical Concepts Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mechanical Concepts Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mechanical Concepts Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 51.09646841440125% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.66M $4.02M ▲ +51.1%
Year Plans Participants Total Assets
2022 1 6 $3M
2023 1 7 $3M
2024 1 7 $4M

Mechanical Concepts Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$727K
Employer EIN351758534
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Mechanical Concepts Inc. Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Mechanical Concepts Inc. Profit Sharing Plan, Total assets ($B): 0.004023223 · Participants: 7Mechanical Concepts Inc. Profit Sharing PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Mechanical Concepts Inc. Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Mechanical Concepts Inc. Profit Sharing Plan side-by-side with 3 peers →

Mechanical Concepts Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Rivo Holdings, LLC 401(k) Plan in CA ($4M); by covered participants it is Nexvisionix, Inc. 401(k) Plan in CA (7 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (7 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 Mechanical Concepts Inc. Profit Sharing Plan assets move in 2024? ▼
Mechanical Concepts Inc. Profit Sharing Plan grew sharply - up 22.1% during 2024, from $3M to $4M. Reported net income was $727K.
How have Mechanical Concepts Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mechanical Concepts Inc.'s sponsor-wide assets grew 51.1%, from $3M to $4M.
Which 401(k) plans are similar in size to Mechanical Concepts Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rivo Holdings, LLC 401(k) Plan in CA ($4M, 174 participants).
Which 401(k) plans cover a similar participant headcount to Mechanical Concepts Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nexvisionix, Inc. 401(k) Plan in CA (7 participants, N/A 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 351758534.

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.