401(k) · DOL Form 5500 · 2024

Mcgee Corporation 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
133
Participants Small participant base
52nd
Percentile by assets National rank
$61,752
Avg per participant Low balance/head
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Official DOL plan name: Savings Plan for the Employees of Mcgee Corporation · Sponsored by Mcgee Corporation · North Carolina · Manufacturing

$8M in assets, 133 participants

Mcgee Corporation's Savings Plan for the Employees of Mcgee Corporation reported $8M in total assets and 133 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,432 in Manufacturing (17,777 peers)

Coverage in North Carolina

Savings Plan for the Employees of Mcgee Corporation covers 133 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#6,432
in Manufacturing (17,777 peers)
+0.1%
assets growth YoY

Savings Plan for the Employees of Mcgee Corporation's mid-pack asset rank among Manufacturing and all filers

Savings Plan for the Employees of Mcgee Corporation vs every filed plan by assets

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

$8,212,954 Top 48% higher than 52% 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

Savings Plan for the Employees of Mcgee Corporation 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. Savings Plan for the Employees of Mcgee Corporation sits mid-pack in the medium band (133 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Savings Plan for the Employees of Mcgee Corporation reported net income fell from $2M in the plan year 2023 filing to $7K in the plan year 2024 filing.
  • Savings Plan for the Employees of Mcgee Corporation reported participants rose from 121 in the plan year 2023 filing to 133 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 560505320 · Mcgee Corporation PY 2024 · 401(k)

Savings Plan for the Employees of Mcgee Corporation · $8M · 133 · 52nd

  • IND $8M
  • EOY 133
  • 5500 52nd
  • ASSETS 401(k)
  • PCT near Ferran 401(k) Plan
  • EIN ind #6432

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 →

Savings Plan for the Employees of Mcgee Corporation in the asset neighbourhood

Savings Plan for the Employees of Mcgee CorporationSavings Plan for the Employe…$8MFerran 401(k) Plan$8MH.R. Options, Inc. 401(k) PlanH.R. Options, Inc. 401(k) Pl…$8MYsk Corporation Retirement and Savings PlanYsk Corporation Retirement a…$8MYates Industries, Inc. 401(k) Profit Sharing Plan and TrustYates Industries, Inc. 401(k…$8M
End-of-year total assets ($M) among Savings Plan for the Employees of Mcgee Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$7K
Employer EIN560505320
Plan Effective Date1993-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcgee Corporation)

Sponsor-wide plan assets over time

All Mcgee Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$8M 28.273751744778004% vs 2022
2024 filing year
$6M$7M$8M$9M 202220232024 $6.4M $8.21M ▲ +28.3%
Year Plans Participants Total Assets
2022 1 115 $6M
2023 1 121 $8M
2024 1 133 $8M

Nearby 401(k) Plans in North Carolina

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

Savings Plan for the Employees of Mcgee Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Savings Plan for the Employees of Mcgee Corporation, Total assets ($B): 0.008212954 · Participants: 133Savings Plan for the Employees of Mcgee CorporationThe 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
Savings Plan for the Employees of Mcgee Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants

Savings Plan for the Employees of Mcgee Corporation's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ferran 401(k) Plan in FL ($8M); by covered participants it is Daystar Products Int'l, Inc. 401(k) Profit Sharing Plan in AZ (133 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (133 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 Savings Plan for the Employees of Mcgee Corporation assets move in 2024?
Savings Plan for the Employees of Mcgee Corporation held essentially flat - up 0.1% during 2024, from $8M to $8M. Reported net income was $7K.
How have Mcgee Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcgee Corporation's sponsor-wide assets grew 28.3%, from $6M to $8M.
Which 401(k) plans are similar in size to Savings Plan for the Employees of Mcgee Corporation?
Among 401(k) plans in other states, the closest by assets is Ferran 401(k) Plan in FL ($8M, 277 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for the Employees of Mcgee Corporation?
Among 401(k) plans in other states, the closest by covered participants is Daystar Products Int'l, Inc. 401(k) Profit Sharing Plan in AZ (133 participants, N/A in assets).