401(k) · DOL Form 5500 · 2024

Mechanical Systems & Services 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
670
Participants Below avg headcount
79th
Percentile by assets National rank
$50,650
Avg per participant Low balance/head
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Official DOL plan name: Mechanical Systems & Services, Inc. Retirement Savings Plan · Sponsored by Mechanical Systems & Services · North Carolina · Construction

$34M in assets, 670 participants

Mechanical Systems & Services's Mechanical Systems & Services, Inc. Retirement Savings Plan reported $34M in total assets and 670 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #7,010 in Construction (9,039 peers)

Where Mechanical Systems & Services, Inc. Retirement Savings Plan sits by assets

Mechanical Systems & Services, Inc. Retirement Savings Plan sits in the top quartile of all filed plans by assets, $34M for 670 participants (~$50,650/participant), up 22.1% in 2024.

#7,010
in Construction (9,039 peers)
+22.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Mechanical Systems & Services, Inc. Retirement Savings Plan's outsized position by total assets

Mechanical Systems & Services, Inc. Retirement Savings Plan vs every filed plan by assets

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

$33,935,695 Top 21% higher than 79% 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

Mechanical Systems & Services, Inc. Retirement 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. Mechanical Systems & Services, Inc. Retirement Savings Plan sits mid-pack in the medium band (670 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mechanical Systems & Services, Inc. Retirement Savings Plan end-of-year assets rose from $28M in the plan year 2023 filing to $34M in the plan year 2024 filing.
  • Mechanical Systems & Services, Inc. Retirement Savings Plan reported participants rose from 607 in the plan year 2023 filing to 670 in the plan year 2024 filing.
  • Mechanical Systems & Services, Inc. Retirement Savings Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 561973119 · Mechanical Systems & Services PY 2024 · 401(k)

Mechanical Systems & Services, Inc. Retirement Savings Plan · $34M · 670 · 79th

  • VS-ST $34M
  • VS-ST 670
  • VS-ST 79th
  • VS-ST 401(k)
  • VS-ST near Neyer, Tiseo & Hindo, Ltd. Profit Sharing Plan
  • VS-ST ind #7010

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 Construction retirement plans → · Plans in North Carolina →

Mechanical Systems & Services, Inc. Retirement Savings Plan in the asset neighbourhood

Mechanical Systems & Services, Inc. Retirement Savings PlanMechanical Systems & Service…$34MCentral Moloney, Inc. Retirement Savings Plan for EmployeesCentral Moloney, Inc. Retire…$34MSevan Multi-Site Solutions, Inc. 401(k) PlanSevan Multi-Site Solutions, …$34MFuelloc 401(k)$34MNeyer, Tiseo & Hindo, Ltd. Profit Sharing PlanNeyer, Tiseo & Hindo, Ltd. P…$34M
End-of-year total assets ($M) among Mechanical Systems & Services, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$34M
Net Income$6M
Employer EIN561973119
Plan Effective Date1997-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mechanical Systems & Services)

Sponsor-wide plan assets over time

All Mechanical Systems & Services plans reported in each filing year

Latest sponsor-wide plan assets
$34M 58.872373345942364% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $21.4M $33.9M ▲ +58.9%
Year Plans Participants Total Assets
2022 1 592 $21M
2023 1 607 $28M
2024 1 670 $34M

Nearby 401(k) Plans in North Carolina

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

Mechanical Systems & Services, Inc. Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Mechanical Systems & Services, Inc. Retirement Savings Plan, Total assets ($B): 0.033935695 · Participants: 670Mechanical Systems & Services, Inc. Retirement 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
Mechanical Systems & Services, Inc. Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Mechanical Systems & Services, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Neyer, Tiseo & Hindo, Ltd. Profit Sharing Plan in MI ($34M); by covered participants it is Lincoln Industries 401(k) Retirement Savings Plan in NE (670 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($34M here).

Similar participant headcount

Nearest other-state filings by covered participants (670 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 Mechanical Systems & Services, Inc. Retirement Savings Plan assets move in 2024?
Mechanical Systems & Services, Inc. Retirement Savings Plan grew sharply - up 22.1% during 2024, from $28M to $34M. Reported net income was $6M.
How have Mechanical Systems & Services plan assets changed over time?
Across 3 plan years on file (2022-2024), Mechanical Systems & Services's sponsor-wide assets grew 58.9%, from $21M to $34M.
Where does Mechanical Systems & Services, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Mechanical Systems & Services, Inc. Retirement Savings Plan ranks in the 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mechanical Systems & Services, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Neyer, Tiseo & Hindo, Ltd. Profit Sharing Plan in MI ($34M, 106 participants).
Which 401(k) plans cover a similar participant headcount to Mechanical Systems & Services, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Lincoln Industries 401(k) Retirement Savings Plan in NE (670 participants, $72M in assets).