401(k) · DOL Form 5500 · 2024

Mcandersons Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
345
Participants Below avg headcount
43rd
Percentile by assets National rank
$15,759
Avg per participant Low balance/head
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Official DOL plan name: Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Mcandersons Inc. · North Carolina · Food Services & Accommodation

$5M in assets, 345 participants

Mcandersons Inc.'s Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust reported $5M in total assets and 345 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,849 in Food Services & Accommodation (3,672 peers)

Coverage in North Carolina

Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust covers 345 participants in North Carolina, about 42% of the average North Carolina filer (state average ~819 per filing). Assets: $5M.

#2,849
in Food Services & Accommodation (3,672 peers)
-2.6%
assets change YoY

Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Food Services & Accommodation and all filers

Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$5,436,765 43rd percentile higher than 43% 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

Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust 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. Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (345 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust reported net income fell from $872K in the plan year 2023 filing to $762K in the plan year 2024 filing.
  • Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 334 in the plan year 2023 filing to 345 in the plan year 2024 filing.
  • Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 561080800 · Mcandersons Inc. PY 2024 · 401(k)

Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust · $5M · 345 · 43rd

  • TYPE $5M
  • NET 345
  • BOOK 43rd
  • VS-ST 401(k)
  • BOY near Improveit 401(k) Plan
  • SCH ind #2849

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 Food Services & Accommodation retirement plans → · Plans in North Carolina →

Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Mcanderson's, Inc. 401(k) Profit Sharing Plan and TrustMcanderson's, Inc. 401(k) Pr…$5MImproveit 401(k) Plan$5MAg Real Estate 401(k) Plan$5MDentistry for Children & Adolescents, PC Profit Sharing Plan and TrustDentistry for Children & Ado…$5MDynamic Equipment 401(k) Plan$5M
End-of-year total assets ($M) among Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income$762K
Employer EIN561080800
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcandersons Inc.)

Sponsor-wide plan assets over time

All Mcandersons Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 15.463324846118349% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $4.71M $5.44M ▲ +15.5%
Year Plans Participants Total Assets
2022 1 377 $5M
2023 1 334 $6M
2024 1 345 $5M

Nearby 401(k) Plans in North Carolina

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

Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.005436765 · Participants: 345Mcanderson's, Inc. 401(k) Profit Sharing Plan and TrustThe 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
Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Improveit 401(k) Plan in OH ($5M); by covered participants it is Creative Foods Corporation 401(k) Profit Sharing Plan in NY (345 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (345 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 Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust edged down modestly - down 2.6% during 2024, from $6M to $5M. Reported net income was $762K.
How have Mcandersons Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcandersons Inc.'s sponsor-wide assets grew 15.5%, from $5M to $5M.
Which 401(k) plans are similar in size to Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Improveit 401(k) Plan in OH ($5M, 105 participants).
Which 401(k) plans cover a similar participant headcount to Mcanderson's, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Creative Foods Corporation 401(k) Profit Sharing Plan in NY (345 participants, $3M 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 561080800.

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.