401(k) · DOL Form 5500 · 2024

Midrex Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
194
Participants Below avg headcount
86th
Percentile by assets National rank
$308,707
Avg per participant High balance/head
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Official DOL plan name: Midrex 401(k) Plan · Sponsored by Midrex Technologies, Inc. · North Carolina · Professional & Technical Services

$60M in assets, 194 participants

Midrex Technologies, Inc.'s Midrex 401(k) Plan reported $60M in total assets and 194 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,542 in Professional & Technical Services (20,173 peers)

Coverage in North Carolina

Midrex 401(k) Plan covers 194 participants in North Carolina, about 24% of the average North Carolina filer (state average ~819 per filing). Assets: $60M.

#17,542
in Professional & Technical Services (20,173 peers)
+4.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Midrex 401(k) Plan's outsized position by total assets

Midrex 401(k) Plan vs every filed plan by assets

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

$59,889,150 Top 14% higher than 86% 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

Midrex 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. Midrex 401(k) Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midrex 401(k) Plan reported net income fell from $10M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Midrex 401(k) Plan reported participants rose from 158 in the plan year 2023 filing to 194 in the plan year 2024 filing.
  • Midrex 401(k) Plan end-of-year assets rose from $57M in the plan year 2023 filing to $60M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 521791274 · Midrex Technologies, Inc. PY 2024 · 401(k)

Midrex 401(k) Plan · $60M · 194 · 86th

  • 5500 $60M
  • 5500 194
  • 5500 86th
  • 5500 401(k)
  • 5500 near Fisher Brothers Employees' Savings Plan
  • 5500 ind #17542

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Midrex 401(k) Plan in the asset neighbourhood

Danos, LLC 401(k) Retirement PlanDanos, LLC 401(k) Retirement…$60MColorado Rockies 401(k) Savings and Investment PlanColorado Rockies 401(k) Savi…$60MShake-N-Go Fashion Inc. 401(k) Profit Sharing Plan & TrustShake-N-Go Fashion Inc. 401(…$60MMidrex 401(k) Plan$60MFisher Brothers Employees' Savings PlanFisher Brothers Employees' S…$60M
End-of-year total assets ($M) among Midrex 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)$57M
Net Assets (End of Year)$60M
Net Income$3M
Employer EIN521791274
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midrex Technologies, Inc.)

Sponsor-wide plan assets over time

All Midrex Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60M 26.8504215744769% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $47.2M $59.9M ▲ +26.9%
Year Plans Participants Total Assets
2022 1 161 $47M
2023 1 158 $57M
2024 1 194 $60M

Nearby 401(k) Plans in North Carolina

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

Midrex 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Midrex 401(k) Plan, Total assets ($B): 0.05988915 · Participants: 194Midrex 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
Midrex 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Midrex 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Fisher Brothers Employees' Savings Plan in NY ($60M); by covered participants it is Teamsnap Retirement Savings Plan in IL (194 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (194 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 Midrex 401(k) Plan assets move in 2024? ▼
Midrex 401(k) Plan edged up modestly - up 4.8% during 2024, from $57M to $60M. Reported net income was $3M.
How have Midrex Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midrex Technologies, Inc.'s sponsor-wide assets grew 26.9%, from $47M to $60M.
Where does Midrex 401(k) Plan rank by assets among Form 5500 filers? ▼
Midrex 401(k) Plan ranks in the 86th 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 Midrex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fisher Brothers Employees' Savings Plan in NY ($60M, 170 participants).
Which 401(k) plans cover a similar participant headcount to Midrex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teamsnap Retirement Savings Plan in IL (194 participants, $7M 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 521791274.

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.