401(k) · DOL Form 5500 · 2024

Mcgee Brothers Co., Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
539
Participants Below avg headcount
79th
Percentile by assets National rank
$60,476
Avg per participant Low balance/head
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Official DOL plan name: Mcgee Brothers Co., Inc. 401(k) Retirement Plan · Sponsored by Mcgee Brothers Co., Inc. · North Carolina · Construction

$33M in assets, 539 participants

Mcgee Brothers Co., Inc.'s Mcgee Brothers Co., Inc. 401(k) Retirement Plan reported $33M in total assets and 539 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,965 in Construction (9,039 peers)

Where Mcgee Brothers Co., Inc. 401(k) Retirement Plan sits by assets

Mcgee Brothers Co., Inc. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $33M for 539 participants (~$60,476/participant), up 12.8% in 2024.

#6,965
in Construction (9,039 peers)
+12.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Mcgee Brothers Co., Inc. 401(k) Retirement Plan's outsized position by total assets

Mcgee Brothers Co., Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$32,596,708 Top 21% higher than 79% 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

Mcgee Brothers Co., Inc. 401(k) Retirement 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. Mcgee Brothers Co., Inc. 401(k) Retirement Plan sits mid-pack in the medium band (539 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcgee Brothers Co., Inc. 401(k) Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Mcgee Brothers Co., Inc. 401(k) Retirement Plan end-of-year assets rose from $29M in the plan year 2023 filing to $33M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 561146621 · Mcgee Brothers Co., Inc. PY 2024 · 401(k)

Mcgee Brothers Co., Inc. 401(k) Retirement Plan · $33M · 539 · 79th

  • NET $33M
  • BOOK 539
  • VS-ST 79th
  • BOY 401(k)
  • SCH near Prosek LLC 401(k) Pension Plan
  • EBSA ind #6965

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 Construction retirement plans → · Plans in North Carolina →

Mcgee Brothers Co., Inc. 401(k) Retirement Plan in the asset neighbourhood

Mcgee Brothers Co., Inc. 401(k) Retirement PlanMcgee Brothers Co., Inc. 401…$33MProsek LLC 401(k) Pension PlanProsek LLC 401(k) Pension Pl…$33MVillage Motors, Inc. 401(k) Profit Sharing PlanVillage Motors, Inc. 401(k) …$33MBlue Mantis, Inc 401(k) Plan$33MHtc America, Inc. 401(k) Plan$33M
End-of-year total assets ($M) among Mcgee Brothers Co., Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$33M
Net Income$4M
Employer EIN561146621
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcgee Brothers Co., Inc.)

Sponsor-wide plan assets over time

All Mcgee Brothers Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33M 34.386779227098216% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.3M $32.6M ▲ +34.4%
Year Plans Participants Total Assets
2022 1 531 $24M
2023 1 539 $29M
2024 1 539 $33M

Nearby 401(k) Plans in North Carolina

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

Mcgee Brothers Co., Inc. 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 ($B) Participants Mcgee Brothers Co., Inc. 401(k) Retirement Plan, Total assets ($B): 0.032596708 · Participants: 539Mcgee Brothers Co., Inc. 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
Mcgee Brothers Co., Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Mcgee Brothers Co., Inc. 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 Prosek LLC 401(k) Pension Plan in CT ($33M); by covered participants it is Lusamerica 401(k) Plan in CA (539 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (539 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 Mcgee Brothers Co., Inc. 401(k) Retirement Plan assets move in 2024?
Mcgee Brothers Co., Inc. 401(k) Retirement Plan grew at a solid clip - up 12.8% during 2024, from $29M to $33M. Reported net income was $4M.
How have Mcgee Brothers Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcgee Brothers Co., Inc.'s sponsor-wide assets grew 34.4%, from $24M to $33M.
Where does Mcgee Brothers Co., Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Mcgee Brothers Co., Inc. 401(k) Retirement Plan ranks in the 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mcgee Brothers Co., Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Prosek LLC 401(k) Pension Plan in CT ($33M, 362 participants).
Which 401(k) plans cover a similar participant headcount to Mcgee Brothers Co., Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Lusamerica 401(k) Plan in CA (539 participants, $9M in assets).