401(k) · DOL Form 5500 · 2024

Monarch Knitting Machinery Corporation 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
24
Participants Small participant base
41st
Percentile by assets National rank
$201,206
Avg per participant Above avg balance/head
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Official DOL plan name: Monarch Knitting Machinery Corporation 401(k) Plan · Sponsored by Monarch Knitting Machinery Corporation · North Carolina · Manufacturing

$5M in assets, 24 participants

Monarch Knitting Machinery Corporation's Monarch Knitting Machinery Corporation 401(k) Plan reported $5M in total assets and 24 participants in its 2024 DOL Form 5500 filing, ranking in the 41st 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.

  • #4,336 in Manufacturing (17,777 peers)

2024 asset change

Monarch Knitting Machinery Corporation 401(k) Plan pulled back noticeably 14.6% in 2024 ($6M → $5M) for 24 participants.

#4,336
in Manufacturing (17,777 peers)
-14.6%
assets change YoY

The plan reported a net loss of $827K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Monarch Knitting Machinery Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Monarch Knitting Machinery Corporation 401(k) Plan vs every filed plan by assets

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

$4,828,940 41st percentile higher than 41% 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

Monarch Knitting Machinery Corporation 401(k) 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. Monarch Knitting Machinery Corporation 401(k) Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Monarch Knitting Machinery Corporation 401(k) Plan reported net income fell from $425K in the plan year 2023 filing to -$827K in the plan year 2024 filing.
  • Monarch Knitting Machinery Corporation 401(k) Plan end-of-year assets fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 112030281 · Monarch Knitting Machinery Corporation PY 2024 · 401(k)

Monarch Knitting Machinery Corporation 401(k) Plan · $5M · 24 · 41st

  • PART $5M
  • TYPE 24
  • NET 41st
  • BOOK 401(k)
  • VS-ST near Coin Wrap, Inc. 401(k) Plan
  • BOY ind #4336

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 →

Monarch Knitting Machinery Corporation 401(k) Plan in the asset neighbourhood

Monarch Knitting Machinery Corporation 401(k) PlanMonarch Knitting Machinery C…$5MCoin Wrap, Inc. 401(k) Plan$5MNash Mechanical & Fire Contractors II, Inc. Retirement PlanNash Mechanical & Fire Contr…$5MGold Coast Federal Credit Union Employees 401(k) Savings PlanGold Coast Federal Credit Un…$5MPerfecto Tool & Engineering Company, Inc. Profit Sharing Plan & TrustPerfecto Tool & Engineering …$5M
End-of-year total assets ($M) among Monarch Knitting Machinery Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Monarch Knitting Machinery Corporation years around the 2024 move

Sponsor-wide plan assets over time

All Monarch Knitting Machinery Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$5M 7.688025617512463% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $5.23M $4.83M ▼ -7.6%
Year Plans Participants Total Assets
2022 1 24 $5M
2023 1 24 $6M
2024 1 24 $5M

2024 asset-move particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$827K
Employer EIN112030281
Plan Effective Date1992-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Monarch Knitting Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Monarch Knitting Machinery Corporation 401(k) Plan, Total assets ($B): 0.00482894 · Participants: 24Monarch Knitting Machinery Corporation 401(k) 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
Monarch Knitting Machinery Corporation 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Monarch Knitting Machinery Corporation 401(k) Plan side-by-side with 3 peers →

Monarch Knitting Machinery Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Coin Wrap, Inc. 401(k) Plan in PA ($5M); by covered participants it is Dog House Ventures, Inc. 401(k) Plan in DE (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 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 Monarch Knitting Machinery Corporation 401(k) Plan assets move in 2024? ▼
Monarch Knitting Machinery Corporation 401(k) Plan pulled back noticeably - down 14.6% during 2024, from $6M to $5M. Reported net income was -$827K.
How have Monarch Knitting Machinery Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Monarch Knitting Machinery Corporation's sponsor-wide assets declined 7.7%, from $5M to $5M.
Which 401(k) plans are similar in size to Monarch Knitting Machinery Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Coin Wrap, Inc. 401(k) Plan in PA ($5M, 169 participants).
Which 401(k) plans cover a similar participant headcount to Monarch Knitting Machinery Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dog House Ventures, Inc. 401(k) Plan in DE (24 participants, $907K 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 112030281.

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.