401(k) · DOL Form 5500 · 2024

Mars Hill University 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
251
Participants Below avg headcount
82nd
Percentile by assets National rank
$164,020
Avg per participant Above avg balance/head
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Official DOL plan name: Mars Hill University Defined Contribution Retirement Plan · Sponsored by Mars Hill University · North Carolina · Educational Services

$41M in assets, 251 participants

Mars Hill University's Mars Hill University Defined Contribution Retirement Plan reported $41M in total assets and 251 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #2,476 in Educational Services (3,638 peers)

Coverage in North Carolina

Mars Hill University Defined Contribution Retirement Plan covers 251 participants in North Carolina, about 31% of the average North Carolina filer (state average ~819 per filing). Assets: $41M.

#2,476
in Educational Services (3,638 peers)
+7.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Mars Hill University Defined Contribution Retirement Plan's outsized position by total assets

Mars Hill University Defined Contribution Retirement Plan vs every filed plan by assets

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

$41,169,087 Top 18% higher than 82% 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

Mars Hill University Defined Contribution 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. Mars Hill University Defined Contribution Retirement Plan sits mid-pack in the medium band (251 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mars Hill University Defined Contribution Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Mars Hill University Defined Contribution Retirement Plan end-of-year assets rose from $38M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Mars Hill University Defined Contribution Retirement Plan reported participants rose from 242 in the plan year 2023 filing to 251 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 560554207 · Mars Hill University PY 2024 · 401(k)

Mars Hill University Defined Contribution Retirement Plan · $41M · 251 · 82nd

  • PHOTO $41M
  • IND 251
  • EOY 82nd
  • 5500 401(k)
  • ASSETS near Jazz Basketball Investors LLC 401(k) Plan
  • PCT ind #2476

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 Educational Services retirement plans → · Plans in North Carolina →

Mars Hill University Defined Contribution Retirement Plan in the asset neighbourhood

Mars Hill University Defined Contribution Retirement PlanMars Hill University Defined…$41MJazz Basketball Investors LLC 401(k) PlanJazz Basketball Investors LL…$41MCosta Farms, LLC 401(k) Plan$41M401(k) Profit Sharing Plan for Employees of Welllife Network Inc.401(k) Profit Sharing Plan f…$41MKapnick and Company, Inc. Profit Sharing and Thrift Savings Plan and TrustKapnick and Company, Inc. Pr…$41M
End-of-year total assets ($M) among Mars Hill University Defined Contribution Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$41M
Net Income$3M
Employer EIN560554207
Plan Effective Date1975-12-05
Filing StatusFILING RECEIVED

Sponsor Plan History (Mars Hill University)

Sponsor-wide plan assets over time

All Mars Hill University plans reported in each filing year

Latest sponsor-wide plan assets
$41M 14.136180651999577% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $36.1M $41.2M ▲ +14.1%
Year Plans Participants Total Assets
2022 1 250 $36M
2023 1 242 $38M
2024 1 251 $41M

Nearby 401(k) Plans in North Carolina

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

Mars Hill University Defined Contribution Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Mars Hill University Defined Contribution Retirement Plan, Total assets ($B): 0.041169087 · Participants: 251Mars Hill University Defined Contribution 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
Mars Hill University Defined Contribution Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mars Hill University Defined Contribution Retirement Plan side-by-side with 3 peers →

Mars Hill University Defined Contribution Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Jazz Basketball Investors LLC 401(k) Plan in UT ($41M); by covered participants it is Dependable Home Health Care, Inc. 401(k) Savings Plan in MN (251 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (251 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 Mars Hill University Defined Contribution Retirement Plan assets move in 2024? ▼
Mars Hill University Defined Contribution Retirement Plan grew at a solid clip - up 7.0% during 2024, from $38M to $41M. Reported net income was $3M.
How have Mars Hill University plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mars Hill University's sponsor-wide assets grew 14.1%, from $36M to $41M.
Where does Mars Hill University Defined Contribution Retirement Plan rank by assets among Form 5500 filers? ▼
Mars Hill University Defined Contribution Retirement Plan ranks in the 82nd 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 Mars Hill University Defined Contribution Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jazz Basketball Investors LLC 401(k) Plan in UT ($41M, 1,192 participants).
Which 401(k) plans cover a similar participant headcount to Mars Hill University Defined Contribution Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dependable Home Health Care, Inc. 401(k) Savings Plan in MN (251 participants, N/A 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 560554207.

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.