401(k) · DOL Form 5500 · 2024

Mec-Tric Control Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
31
Participants Small participant base
38th
Percentile by assets National rank
$128,092
Avg per participant Near avg balance/head
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Official DOL plan name: Mec-Tric Control Company 401(k) Retirement Plan · Sponsored by Mec-Tric Control Company · North Carolina · Retail Trade

$4M in assets, 31 participants

Mec-Tric Control Company's Mec-Tric Control Company 401(k) Retirement Plan reported $4M in total assets and 31 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #3,963 in Retail Trade (8,048 peers)

Mec-Tric Control Company multi-year trail

Mec-Tric Control Company's plans moved +31.2% in assets from 2022 to 2024; this filing shows Mec-Tric Control Company 401(k) Retirement Plan at $4M / 31 participants.

#3,963
in Retail Trade (8,048 peers)
+13.1%
assets growth YoY

Mec-Tric Control Company 401(k) Retirement Plan's mid-pack asset rank among Retail Trade and all filers

Mec-Tric Control Company 401(k) Retirement Plan vs every filed plan by assets

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

$3,970,847 38th percentile higher than 38% 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

Mec-Tric Control Company 401(k) Retirement 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. Mec-Tric Control Company 401(k) Retirement Plan is a small filing (31 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mec-Tric Control Company 401(k) Retirement Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Mec-Tric Control Company 401(k) Retirement Plan reported participants fell from 33 in the plan year 2023 filing to 31 in the plan year 2024 filing.
  • Mec-Tric Control Company 401(k) Retirement Plan reported net income fell from $485K in the plan year 2023 filing to $460K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 560770334 · Mec-Tric Control Company PY 2024 · 401(k)

Mec-Tric Control Company 401(k) Retirement Plan · $4M · 31 · 38th

  • VS-ST $4M
  • VS-ST 31
  • VS-ST 38th
  • VS-ST 401(k)
  • VS-ST near Cavallo Point LLC 401(k) Profit Sharing Plan & Trust
  • VS-ST ind #3963

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 Retail Trade retirement plans → · Plans in North Carolina →

Mec-Tric Control Company 401(k) Retirement Plan in the asset neighbourhood

Mec-Tric Control Company 401(k) Retirement PlanMec-Tric Control Company 401…$4MCavallo Point LLC 401(k) Profit Sharing Plan & TrustCavallo Point LLC 401(k) Pro…$4MRichard Design Services, Inc. Field & Craft Regular 401(k) PlanRichard Design Services, Inc…$4MBoursa Investment Advisors Inc 401(k) Profit Sharing Plan & TrustBoursa Investment Advisors I…$4MAvants Operations, LLC 401(k) PlanAvants Operations, LLC 401(k…$4M
End-of-year total assets ($M) among Mec-Tric Control Company 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mec-Tric Control Company multi-year asset trail

Sponsor-wide plan assets over time

All Mec-Tric Control Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 31.212841972808718% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $3.03M $3.97M ▲ +31.0%
Year Plans Participants Total Assets
2022 1 36 $3M
2023 1 33 $4M
2024 1 31 $4M

Mec-Tric Control Company filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$460K
Employer EIN560770334
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Mec-Tric Control Company 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Mec-Tric Control Company 401(k) Retirement Plan, Total assets ($B): 0.003970847 · Participants: 31Mec-Tric Control Company 401(k) Retirement 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
Mec-Tric Control Company 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mec-Tric Control Company 401(k) Retirement Plan side-by-side with 3 peers →

Mec-Tric Control Company 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Cavallo Point LLC 401(k) Profit Sharing Plan & Trust in CA ($4M); by covered participants it is Pediatric Health Care of Northwest Houston, P.a. Safe Harbor 401(k) Plan in TX (31 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (31 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 Mec-Tric Control Company 401(k) Retirement Plan assets move in 2024? ▼
Mec-Tric Control Company 401(k) Retirement Plan grew at a solid clip - up 13.1% during 2024, from $4M to $4M. Reported net income was $460K.
How have Mec-Tric Control Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mec-Tric Control Company's sponsor-wide assets grew 31.2%, from $3M to $4M.
Which 401(k) plans are similar in size to Mec-Tric Control Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cavallo Point LLC 401(k) Profit Sharing Plan & Trust in CA ($4M, 260 participants).
Which 401(k) plans cover a similar participant headcount to Mec-Tric Control Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pediatric Health Care of Northwest Houston, P.a. Safe Harbor 401(k) Plan in TX (31 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560770334.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.