401(k) · DOL Form 5500 · 2024

Mccombs Steel Company, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
100
Participants Small participant base
49th
Percentile by assets National rank
$72,838
Avg per participant Below avg balance/head
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Official DOL plan name: Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Mccombs Steel Company, Inc. · North Carolina · Manufacturing

$7M in assets, 100 participants

Mccombs Steel Company, Inc.'s Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan reported $7M in total assets and 100 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #5,928 in Manufacturing (17,777 peers)

Coverage in North Carolina

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan covers 100 participants in North Carolina, about 12% of the average North Carolina filer (state average ~819 per filing). Assets: $7M.

#5,928
in Manufacturing (17,777 peers)
+22.9%
assets growth YoY

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$7,283,795 49th percentile higher than 49% 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

Mccombs Steel Company, Inc. 401(k) 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. Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan is a small filing (100 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan reported net income rose from $615K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan reported participants fell from 107 in the plan year 2023 filing to 100 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 561451250 · Mccombs Steel Company, Inc. PY 2024 · 401(k)

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan · $7M · 100 · 49th

  • ASSETS $7M
  • PCT 100
  • EIN 49th
  • RANK 401(k)
  • PHOTO near Hoem Associates, Inc. Retirement Plan
  • IND ind #5928

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 →

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Mccombs Steel Company, Inc. 401(k) Profit Sharing PlanMccombs Steel Company, Inc. …$7MHoem Associates, Inc. Retirement PlanHoem Associates, Inc. Retire…$7MBoston Children's Network Speciality Physician's, Inc. 403(b) PlanBoston Children's Network Sp…$7MMadison Healthcare 401(k) PlanMadison Healthcare 401(k) Pl…$7MHacienda Ford Inc. 401(k) PlanHacienda Ford Inc. 401(k) Pl…$7M
End-of-year total assets ($M) among Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN561451250
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mccombs Steel Company, Inc.)

Sponsor-wide plan assets over time

All Mccombs Steel Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 37.10448412421293% vs 2022
2024 filing year
$5M$6M$7M$8M 202220232024 $5.31M $7.28M ▲ +37.1%
Year Plans Participants Total Assets
2022 1 96 $5M
2023 1 107 $6M
2024 1 100 $7M

Nearby 401(k) Plans in North Carolina

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

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.007283795 · Participants: 100Mccombs Steel Company, Inc. 401(k) 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
Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Hoem Associates, Inc. Retirement Plan in CA ($7M); by covered participants it is Controltek 401(k) Profit Sharing Plan in WA (100 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (100 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 Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan grew sharply - up 22.9% during 2024, from $6M to $7M. Reported net income was $1M.
How have Mccombs Steel Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mccombs Steel Company, Inc.'s sponsor-wide assets grew 37.1%, from $5M to $7M.
Which 401(k) plans are similar in size to Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hoem Associates, Inc. Retirement Plan in CA ($7M, 21 participants).
Which 401(k) plans cover a similar participant headcount to Mccombs Steel Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Controltek 401(k) Profit Sharing Plan in WA (100 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 561451250.

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.