401(k) · DOL Form 5500 · 2024

Material Handling Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
43
Participants Small participant base
46th
Percentile by assets National rank
$147,373
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Material Handling Technologies, Inc. 401(k) Plan · Sponsored by Material Handling Technologies, Inc. · North Carolina · Manufacturing

$6M in assets, 43 participants

Material Handling Technologies, Inc.'s Material Handling Technologies, Inc. 401(k) Plan reported $6M in total assets and 43 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #5,317 in Manufacturing (17,777 peers)

Material Handling Technologies, Inc. multi-year trail

Material Handling Technologies, Inc.'s plans moved +15.3% in assets from 2022 to 2024; this filing shows Material Handling Technologies, Inc. 401(k) Plan at $6M / 43 participants.

#5,317
in Manufacturing (17,777 peers)
+1.3%
assets growth YoY

Material Handling Technologies, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Material Handling Technologies, Inc. 401(k) Plan vs every filed plan by assets

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

$6,337,052 46th percentile higher than 46% 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

Material Handling Technologies, Inc. 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. Material Handling Technologies, Inc. 401(k) Plan is a small filing (43 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Material Handling Technologies, Inc. 401(k) Plan reported net income fell from $759K in the plan year 2023 filing to $82K in the plan year 2024 filing.
  • Material Handling Technologies, Inc. 401(k) Plan reported participants fell from 44 in the plan year 2023 filing to 43 in the plan year 2024 filing.
  • Material Handling Technologies, Inc. 401(k) Plan end-of-year assets rose 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 561774920 · Material Handling Technologies, Inc. PY 2024 · 401(k)

Material Handling Technologies, Inc. 401(k) Plan · $6M · 43 · 46th

  • BOY $6M
  • BOY 43
  • BOY 46th
  • BOY 401(k)
  • BOY near Tapis Corporation 401(k) Plan
  • BOY ind #5317

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 →

Material Handling Technologies, Inc. 401(k) Plan in the asset neighbourhood

Material Handling Technologies, Inc. 401(k) PlanMaterial Handling Technologi…$6MTapis Corporation 401(k) Plan$6MEkf 401(k) Retirement Plan$6MAmerican Association of Endodontists 401(k) PlanAmerican Association of Endo…$6MTwo Chairs Behavioral Health Group, a Psychology 401(k) PlanTwo Chairs Behavioral Health…$6M
End-of-year total assets ($M) among Material Handling Technologies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Material Handling Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Material Handling Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 15.307431800498856% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.5M $6.34M ▲ +15.3%
Year Plans Participants Total Assets
2022 1 39 $5M
2023 1 44 $6M
2024 1 43 $6M

Material Handling Technologies, Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$82K
Employer EIN561774920
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Material Handling Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Material Handling Technologies, Inc. 401(k) Plan, Total assets ($B): 0.006337052 · Participants: 43Material Handling Technologies, Inc. 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
Material Handling Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Material Handling Technologies, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Tapis Corporation 401(k) Plan in NY ($6M); by covered participants it is Shaker Lane Holding, Inc. 401(k) Profit Sharing Plan in FL (43 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (43 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 Material Handling Technologies, Inc. 401(k) Plan assets move in 2024?
Material Handling Technologies, Inc. 401(k) Plan edged up modestly - up 1.3% during 2024, from $6M to $6M. Reported net income was $82K.
How have Material Handling Technologies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Material Handling Technologies, Inc.'s sponsor-wide assets grew 15.3%, from $5M to $6M.
Which 401(k) plans are similar in size to Material Handling Technologies, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Tapis Corporation 401(k) Plan in NY ($6M, 48 participants).
Which 401(k) plans cover a similar participant headcount to Material Handling Technologies, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Shaker Lane Holding, Inc. 401(k) Profit Sharing Plan in FL (43 participants, $3M in assets).