Defined Benefit (Pension) · DOL Form 5500 · 2023

Mcnaughton-Mckay Electric Company Pension Plan

Data updated 2026-08-25

$360K
Total assets Small plan by assets
269
Participants Below avg headcount
15th
Percentile by assets National rank
$1,338
Avg per participant Low balance/head
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Official DOL plan name: Mcnaughton-Mckay Elec Co Employee's Ret. Plan · Sponsored by Mcnaughton-Mckay Electric Company · Michigan · Wholesale Trade

$360K in assets, 269 participants

Mcnaughton-Mckay Electric Company's Mcnaughton-Mckay Elec Co Employee's Ret. Plan reported $360K in total assets and 269 participants in its 2023 DOL Form 5500 filing, ranking in the 15th 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.

  • #470 in Wholesale Trade (6,309 peers)

Coverage in Michigan

Mcnaughton-Mckay Elec Co Employee's Ret. Plan covers 269 participants in Michigan, about 42% of the average Michigan filer (state average ~638 per filing). Assets: $360K.

#470
in Wholesale Trade (6,309 peers)
-98.3%
assets change YoY

The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcnaughton-Mckay Elec Co Employee's Ret. Plan among the smaller filed plans by assets

Mcnaughton-Mckay Elec Co Employee's Ret. Plan vs every filed plan by assets

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

$360,004 15th percentile higher than 15% 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

Mcnaughton-Mckay Elec Co Employee's Ret. 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. Mcnaughton-Mckay Elec Co Employee's Ret. Plan sits mid-pack in the medium band (269 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcnaughton-Mckay Elec Co Employee's Ret. Plan reported net income fell from -$10M in the plan year 2022 filing to -$20M in the plan year 2023 filing.
  • Mcnaughton-Mckay Elec Co Employee's Ret. Plan end-of-year assets fell from $21M in the plan year 2022 filing to $360K in the plan year 2023 filing.
  • Mcnaughton-Mckay Elec Co Employee's Ret. Plan reported participants fell from 275 in the plan year 2022 filing to 269 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 380812640 · Mcnaughton-Mckay Electric Company PY 2023 · Defined Benefit (Pension)

Mcnaughton-Mckay Elec Co Employee's Ret. Plan · $360K · 269 · 15th

  • RANK $360K
  • RANK 269
  • RANK 15th
  • RANK Defined Benefit (Pension)
  • RANK near Millwrights & M.E.L.U. 1545 Pension Plan
  • RANK ind #470

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 Michigan →

Mcnaughton-Mckay Elec Co Employee's Ret. Plan in the asset neighbourhood

Mcnaughton-Mckay Elec Co Employee's Ret. PlanMcnaughton-Mckay Elec Co Emp…$360KMillwrights & M.E.L.U. 1545 Pension PlanMillwrights & M.E.L.U. 1545 …$360KEnerfab, Inc. Pension Plan No. 2Enerfab, Inc. Pension Plan N…$362KJudd Wire Retirement Plan$357KStella Orton Home Care Agency, Inc. Employees' Defined Benefit Retirement PlanStella Orton Home Care Agenc…$364K
End-of-year total assets ($M) among Mcnaughton-Mckay Elec Co Employee's Ret. Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$360K
Net Income-$20M
Employer EIN380812640
Plan Effective Date1959-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcnaughton-Mckay Electric Company)

Sponsor-wide plan assets over time

All Mcnaughton-Mckay Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 43.039505094979994% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.2B $1.72B ▲ +43.3%
Year Plans Participants Total Assets
2022 3 2,933 $1.2B
2023 3 3,603 $1.5B
2024 3 3,620 $1.7B

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Mcnaughton-Mckay Elec Co Employee's Ret. Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Mcnaughton-Mckay Elec Co Employee's Ret. Plan, Total assets ($B): 0.000360004 · Participants: 269Mcnaughton-Mckay Elec Co Employee's Ret. PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Mcnaughton-Mckay Elec Co Employee's Ret. Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Mcnaughton-Mckay Elec Co Employee's Ret. Plan side-by-side with 3 peers →

Mcnaughton-Mckay Elec Co Employee's Ret. Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Millwrights & M.E.L.U. 1545 Pension Plan in PA ($360K); by covered participants it is Premcor Pension Plan in TX (269 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (269 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 Mcnaughton-Mckay Elec Co Employee's Ret. Plan assets move in 2023? ▼
Mcnaughton-Mckay Elec Co Employee's Ret. Plan contracted severely - down 98.3% during 2023, from $21M to $360K. Reported net income was -$20M.
How have Mcnaughton-Mckay Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcnaughton-Mckay Electric Company's sponsor-wide assets grew 43.0%, from $1.2B to $1.7B.
Where does Mcnaughton-Mckay Elec Co Employee's Ret. Plan rank by assets among Form 5500 filers? ▼
Mcnaughton-Mckay Elec Co Employee's Ret. Plan ranks in the 15th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Mcnaughton-Mckay Elec Co Employee's Ret. Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Millwrights & M.E.L.U. 1545 Pension Plan in PA ($360K, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mcnaughton-Mckay Elec Co Employee's Ret. Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Premcor Pension Plan in TX (269 participants, $65M 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 380812640.

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.