401(k) · DOL Form 5500 · 2024

Motor Controls, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
216
Participants Below avg headcount
55th
Percentile by assets National rank
$44,705
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Motor Controls Inc. 401(k) Plan · Sponsored by Motor Controls, Inc. · Texas · Manufacturing

$10M in assets, 216 participants

Motor Controls, Inc.'s Motor Controls Inc. 401(k) Plan reported $10M in total assets and 216 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,203 in Manufacturing (17,777 peers)

Coverage in Texas

Motor Controls Inc. 401(k) Plan covers 216 participants in Texas, about 31% of the average Texas filer (state average ~688 per filing). Assets: $10M.

#7,203
in Manufacturing (17,777 peers)
+25.1%
assets growth YoY

Motor Controls Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Motor Controls Inc. 401(k) Plan vs every filed plan by assets

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

$9,656,347 Top 45% higher than 55% 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

Motor Controls Inc. 401(k) 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. Motor Controls Inc. 401(k) Plan sits mid-pack in the medium band (216 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Motor Controls Inc. 401(k) Plan end-of-year assets rose from $8M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Motor Controls Inc. 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Motor Controls Inc. 401(k) Plan reported participants fell from 253 in the plan year 2023 filing to 216 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 751725350 · Motor Controls, Inc. PY 2024 · 401(k)

Motor Controls Inc. 401(k) Plan · $10M · 216 · 55th

  • BOY $10M
  • SCH 216
  • EBSA 55th
  • PART 401(k)
  • TYPE near Contentnea Health 401(k) Plan
  • NET ind #7203

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 Texas →

Motor Controls Inc. 401(k) Plan in the asset neighbourhood

Motor Controls Inc. 401(k) PlanMotor Controls Inc. 401(k) P…$10MContentnea Health 401(k) Plan$10MMontreat College Retirement PlanMontreat College Retirement …$10MRitz Safety LLC 401 K Profit Sharing Plan TrustRitz Safety LLC 401 K Profit…$10MMerlin International, Inc. 401(k) PlanMerlin International, Inc. 4…$10M
End-of-year total assets ($M) among Motor Controls Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN751725350
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Motor Controls, Inc.)

Sponsor-wide plan assets over time

All Motor Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 57.10548108570694% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.15M $9.66M ▲ +57.1%
Year Plans Participants Total Assets
2022 1 241 $6M
2023 1 253 $8M
2024 1 216 $10M

Nearby 401(k) Plans in Texas

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

Motor Controls Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Motor Controls Inc. 401(k) Plan, Total assets ($B): 0.009656347 · Participants: 216Motor Controls Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Motor Controls Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Motor Controls Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Contentnea Health 401(k) Plan in NC ($10M); by covered participants it is Garden of Life 401(k) Plan in FL (216 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (216 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 Motor Controls Inc. 401(k) Plan assets move in 2024?
Motor Controls Inc. 401(k) Plan grew sharply - up 25.1% during 2024, from $8M to $10M. Reported net income was $2M.
How have Motor Controls, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Motor Controls, Inc.'s sponsor-wide assets grew 57.1%, from $6M to $10M.
Which 401(k) plans are similar in size to Motor Controls Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Contentnea Health 401(k) Plan in NC ($10M, 156 participants).
Which 401(k) plans cover a similar participant headcount to Motor Controls Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Garden of Life 401(k) Plan in FL (216 participants, N/A in assets).