401(k) · DOL Form 5500 · 2024

Micron Precision, LLC 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
193
Participants Below avg headcount
57th
Percentile by assets National rank
$54,477
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: King Machine of Charlotte 401(k) Plan · Sponsored by Micron Precision, LLC · North Carolina · Construction

$11M in assets, 193 participants

Micron Precision, LLC's King Machine of Charlotte 401(k) Plan reported $11M in total assets and 193 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #4,982 in Construction (9,039 peers)

Coverage in North Carolina

King Machine of Charlotte 401(k) Plan covers 193 participants in North Carolina, about 24% of the average North Carolina filer (state average ~819 per filing). Assets: $11M.

#4,982
in Construction (9,039 peers)
+1.3%
assets growth YoY

King Machine of Charlotte 401(k) Plan's mid-pack asset rank among Construction and all filers

King Machine of Charlotte 401(k) Plan vs every filed plan by assets

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

$10,513,973 Top 43% higher than 57% 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

King Machine of Charlotte 401(k) 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. King Machine of Charlotte 401(k) Plan sits mid-pack in the medium band (193 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • King Machine of Charlotte 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $135K in the plan year 2024 filing.
  • King Machine of Charlotte 401(k) Plan reported participants rose from 186 in the plan year 2023 filing to 193 in the plan year 2024 filing.
  • King Machine of Charlotte 401(k) Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 561892737 · Micron Precision, LLC PY 2024 · 401(k)

King Machine of Charlotte 401(k) Plan · $11M · 193 · 57th

  • PHOTO $11M
  • PHOTO 193
  • PHOTO 57th
  • PHOTO 401(k)
  • PHOTO near Ohio Shared Information Services, Inc. 401(k) Plan
  • PHOTO ind #4982

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 →

King Machine of Charlotte 401(k) Plan in the asset neighbourhood

King Machine of Charlotte 401(k) PlanKing Machine of Charlotte 40…$11MOhio Shared Information Services, Inc. 401(k) PlanOhio Shared Information Serv…$11MHoward Sheppard, LLC 401(k) PlanHoward Sheppard, LLC 401(k) …$11MCitizens Bank Group, Inc. Retirement Savings PlanCitizens Bank Group, Inc. Re…$11MWomens Health Center of Southe 401(k) Profit Sharing Plan & TrustWomens Health Center of Sout…$11M
End-of-year total assets ($M) among King Machine of Charlotte 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$135K
Employer EIN561892737
Plan Effective Date1998-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Micron Precision, LLC)

Sponsor-wide plan assets over time

All Micron Precision, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 18.660085608381664% vs 2022
2024 filing year
$8.5M$9M$9.5M$10M$10.5M$11M 202220232024 $8.86M $10.5M ▲ +18.6%
Year Plans Participants Total Assets
2022 1 206 $9M
2023 1 186 $10M
2024 1 193 $11M

Nearby 401(k) Plans in North Carolina

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

King Machine of Charlotte 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants King Machine of Charlotte 401(k) Plan, Total assets ($B): 0.010513973 · Participants: 193King Machine of Charlotte 401(k) 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
King Machine of Charlotte 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare King Machine of Charlotte 401(k) Plan side-by-side with 3 peers →

King Machine of Charlotte 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ohio Shared Information Services, Inc. 401(k) Plan in OH ($11M); by covered participants it is Spartan Race, Inc. 401(k) Plan in MA (193 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (193 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 King Machine of Charlotte 401(k) Plan assets move in 2024? ▼
King Machine of Charlotte 401(k) Plan edged up modestly - up 1.3% during 2024, from $10M to $11M. Reported net income was $135K.
How have Micron Precision, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Micron Precision, LLC's sponsor-wide assets grew 18.7%, from $9M to $11M.
Which 401(k) plans are similar in size to King Machine of Charlotte 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ohio Shared Information Services, Inc. 401(k) Plan in OH ($11M, 142 participants).
Which 401(k) plans cover a similar participant headcount to King Machine of Charlotte 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Spartan Race, Inc. 401(k) Plan in MA (193 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 561892737.

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.