Mcrae Industries, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Mcrae Industries, INC.
  • Sponsor EIN: 560706710
  • Sponsor Address: P.O. BOX 1239, MT. GILEAD, NC, 27306
  • Plan Type: 401(k)
  • Plan Number: 001
  • Total Participants: 460
  • Total Assets: $21.9M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: Yes
  • Participant Loans: No
  • Participant-Directed Investments: No
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
2023460$21.9M$407,463$1.1M
2022459$20.1M$368,790$905,826

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