401(k) · DOL Form 5500 · 2024

Mcmichael Mills, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
269
Participants Below avg headcount
51st
Percentile by assets National rank
$29,494
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mcmichael Mills, Inc. 401(k) Savings Plan · Sponsored by Mcmichael Mills, Inc. · North Carolina · Manufacturing

$8M in assets, 269 participants

Mcmichael Mills, Inc.'s Mcmichael Mills, Inc. 401(k) Savings Plan reported $8M in total assets and 269 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #6,270 in Manufacturing (17,777 peers)

Coverage in North Carolina

Mcmichael Mills, Inc. 401(k) Savings Plan covers 269 participants in North Carolina, about 33% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#6,270
in Manufacturing (17,777 peers)
-12.6%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcmichael Mills, Inc. 401(k) Savings Plan's mid-pack asset rank among Manufacturing and all filers

Mcmichael Mills, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$7,933,980 Top 49% higher than 51% 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

Mcmichael Mills, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcmichael Mills, Inc. 401(k) Savings Plan sits mid-pack in the medium band (269 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcmichael Mills, Inc. 401(k) Savings Plan reported net income fell from $1M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Mcmichael Mills, Inc. 401(k) Savings Plan end-of-year assets fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Mcmichael Mills, Inc. 401(k) Savings Plan reported participants rose from 264 in the plan year 2023 filing to 269 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 561833391 · Mcmichael Mills, Inc. PY 2024 · 401(k)

Mcmichael Mills, Inc. 401(k) Savings Plan · $8M · 269 · 51st

  • EIN $8M
  • EIN 269
  • EIN 51st
  • EIN 401(k)
  • EIN near 403(b) Thrift Plan for Employees of Senior Resources of West Michigan
  • EIN ind #6270

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 →

Mcmichael Mills, Inc. 401(k) Savings Plan in the asset neighbourhood

Mcmichael Mills, Inc. 401(k) Savings PlanMcmichael Mills, Inc. 401(k)…$8M403(b) Thrift Plan for Employees of Senior Resources of West Michigan403(b) Thrift Plan for Emplo…$8MProfit Sharing Plan for Employees of Futaba Corporation of AmericaProfit Sharing Plan for Empl…$8MEpilepsy Foundation of America 401(k) Profit Sharing PlanEpilepsy Foundation of Ameri…$8MPhoenix Fabricators and Erectors, LLC Profit Sharing Plan and TrustPhoenix Fabricators and Erec…$8M
End-of-year total assets ($M) among Mcmichael Mills, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN561833391
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcmichael Mills, Inc.)

Sponsor-wide plan assets over time

All Mcmichael Mills, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 0.9765246170035019% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M 202220232024 $7.86M $7.93M ▲ +0.9%
Year Plans Participants Total Assets
2022 1 263 $8M
2023 1 264 $9M
2024 1 269 $8M

Nearby 401(k) Plans in North Carolina

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

Mcmichael Mills, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Mcmichael Mills, Inc. 401(k) Savings Plan, Total assets ($B): 0.00793398 · Participants: 269Mcmichael Mills, Inc. 401(k) Savings 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
Mcmichael Mills, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Mcmichael Mills, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is 403(b) Thrift Plan for Employees of Senior Resources of West Michigan in MI ($8M); by covered participants it is Interfaith Ministries for Greater Houston 403(b) Plan in TX (269 participants). Same-state nearby plans are listed separately above.

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 Mcmichael Mills, Inc. 401(k) Savings Plan assets move in 2024?
Mcmichael Mills, Inc. 401(k) Savings Plan pulled back noticeably - down 12.6% during 2024, from $9M to $8M. Reported net income was -$1M.
How have Mcmichael Mills, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcmichael Mills, Inc.'s sponsor-wide assets grew 1.0%, from $8M to $8M.
Which 401(k) plans are similar in size to Mcmichael Mills, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is 403(b) Thrift Plan for Employees of Senior Resources of West Michigan in MI ($8M, 105 participants).
Which 401(k) plans cover a similar participant headcount to Mcmichael Mills, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Interfaith Ministries for Greater Houston 403(b) Plan in TX (269 participants, $5M in assets).