401(k) · DOL Form 5500 · 2024
Mcnaughton Mckay Electric Company 401(k) Plan
Data updated 2026-08-25
- $165M
- Total assets Near avg plan size
- 1,840
- Participants Near avg headcount
- 93rd
- Percentile by assets National rank
- $89,945
- Avg per participant Below avg balance/head
Official DOL plan name: Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan · Sponsored by Mcnaughton Mckay Electric Company · Michigan · Wholesale Trade
$165M in assets, 1,840 participants
Mcnaughton Mckay Electric Company's Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan reported $165M in total assets and 1,840 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #5,766 in Wholesale Trade (6,080 peers)
Coverage in Michigan
Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan covers 1,840 participants in Michigan, 2.9x the typical Michigan plan (state average ~638 per filing). Assets: $165M.
- #5,766
- in Wholesale Trade (6,080 peers)
- +11.2%
- assets growth YoY
- 1.7×
- vs typical plan assets (national mean)
Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan's outsized position by total assets
Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$165,498,561 Top 7% higher than 93% 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
Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan lands in the large band (1,840 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan reported net income fell from $22M in the plan year 2023 filing to $17M in the plan year 2024 filing.
- Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan end-of-year assets rose from $149M in the plan year 2023 filing to $165M in the plan year 2024 filing.
- Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan reported participants rose from 1,699 in the plan year 2023 filing to 1,840 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 380812640 · Mcnaughton Mckay Electric Company PY 2024 · 401(k)
Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan · $165M · 1,840 · 93rd
- EBSA $165M
- EBSA 1,840
- EBSA 93rd
- EBSA 401(k)
- EBSA near Euler Hermes North America Insurance Company Retirement Savings Plan
- EBSA ind #5766
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 Wholesale Trade retirement plans → · Plans in Michigan →
Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $149M |
|---|---|
| Net Assets (End of Year) | $165M |
| Net Income | $17M |
| Employer EIN | 380812640 |
| Plan Effective Date | 1959-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mcnaughton Mckay Electric Company)
Sponsor-wide plan assets over time
All Mcnaughton Mckay Electric Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.7B 43.039505094979994% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 2,933 | $1.2B |
| 2023 | 3 | 3,603 | $1.5B |
| 2024 | 3 | 3,620 | $1.7B |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Euler Hermes North America Insurance Company Retirement Savings Plan in MD ($166M); by covered participants it is Morton Salt 401(k) Savings Plan in KS (1,839 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($165M here).
- Euler Hermes North America Insurance Company Retirement Savings Plan (MD) $166M · 512
- California Machinists 401(k) Plan (CA) $166M · 1,848
- Walgreens Puerto Rico Retirement Savings Plan (IL) $166M · 4,325
- Lumeris 401(k) Plan (MO) $166M · 1,166
Similar participant headcount
Nearest other-state filings by covered participants (1,840 participants); asset peers above are excluded.
- Morton Salt 401(k) Savings Plan (KS) 1,839 · 1 off
- Hirschbach Companies 401(k) Profit Sharing Plan (IA) 1,839 · 1 off
- Juniper Communities Retirement Plan (NJ) 1,841 · 1 off
- Areas USA, Inc. 401(k) Profit Sharing Plan and Trust (FL) 1,841 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.