401(k) · DOL Form 5500 · 2024
Mclaughlin Gormley King Company 401(k) Plan
Data updated 2026-08-25
- $55M
- Total assets Below avg plan size
- 193
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $285,920
- Avg per participant High balance/head
Official DOL plan name: Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan · Sponsored by Mclaughlin Gormley King Company · Minnesota · Manufacturing
$55M in assets, 193 participants
Mclaughlin Gormley King Company's Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan reported $55M in total assets and 193 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #14,028 in Manufacturing (17,777 peers)
Coverage in Minnesota
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan covers 193 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $55M.
- #14,028
- in Manufacturing (17,777 peers)
- +17.3%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan's outsized position by total assets
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$55,182,545 Top 15% higher than 85% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Mclaughlin Gormley King Company Profit Sharing and Employee 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. Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan sits mid-pack in the medium band (193 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan end-of-year assets rose from $47M in the plan year 2023 filing to $55M in the plan year 2024 filing.
- Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan reported participants rose from 183 in the plan year 2023 filing to 193 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 410403600 · Mclaughlin Gormley King Company PY 2024 · 401(k)
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan · $55M · 193 · 85th
- SCH $55M
- SCH 193
- SCH 85th
- SCH 401(k)
- SCH near Abc of Delaware 401(k) Plan
- SCH ind #14028
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 Minnesota →
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $47M |
|---|---|
| Net Assets (End of Year) | $55M |
| Net Income | $8M |
| Employer EIN | 410403600 |
| Plan Effective Date | 1993-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mclaughlin Gormley King Company)
Sponsor-wide plan assets over time
All Mclaughlin Gormley King Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $55M 48.630931994168805% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 174 | $37M |
| 2023 | 1 | 183 | $47M |
| 2024 | 1 | 193 | $55M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Mclaughlin Gormley King Company Profit Sharing and Employee Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Abc of Delaware 401(k) Plan in DE ($55M); by covered participants it is Spartan Race, Inc. 401(k) Plan in MA (193 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($55M here).
- Abc of Delaware 401(k) Plan (DE) $55M · 1,226
- Paragon Anesthesia 401(k) Plan (TN) $55M · 119
- Linder Industrial Machinery 401(k) Retirement Plan (NY) $55M · 639
- Credit Union of Southern California 401(k) Plan and Trust (CA) $55M · 397
Similar participant headcount
Nearest other-state filings by covered participants (193 participants); asset peers above are excluded.
- Spartan Race, Inc. 401(k) Plan (MA) 193 · 0 off
- Glenstone Foundation 401(k) Plan (MD) 193 · 0 off
- Security Risk Advisors Intl, LLC 401(k) Profit Sharing Plan (PA) 193 · 0 off
- Royal Plywood Co., LLC Profit Sharing Plan (CA) 193 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.