Metrolina Greenhouses, Inc. 401(k) Plan: Login, Facts & Contact Information

Metrolina Greenhouses, Inc. 401(k) Plan Facts

Plan name
METROLINA GREENHOUSES, INC. PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
METROLINA GREENHOUSES, INC.
Participants
825 (696 active employees)
Former employees with a balance
225
Plan assets
$72,998,516 at Dec 31, 2024
Average account balance
$91,134 across 801 accounts
Employer contributions
$2,933,124 in plan year 2024 (59% of all contributions)
Recordkeeper
John Hancock Life Insurance Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1984
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.95 million went into the plan in contributions, $2.93 million of it from the employer (59%).
  • $5.04 million was paid out to participants.
  • Investment and other income added $7.71 million.
  • Administrative expenses were $170,488, about $213 per account.

How the Metrolina Greenhouses, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019966$56.5 million$2.24 million$2.45 million
2020841$62.3 million$2.45 million$4.33 million
20211,041$64.8 million$1.58 million$8.30 million
2022838$53.4 million$2.34 million$5.10 million
2023821$63.4 million$2.53 million$3.81 million
2024825$73.0 million$2.93 million$5.04 million

Metrolina Greenhouses, Inc. 401(k) Contact Information

Phone
704-659-9544
Mailing address
16400 HUNTERSVILLE-CONCORD ROAD, HUNTERSVILLE NC 28078
Plan sponsor
METROLINA GREENHOUSES, INC.
Employer identification number (EIN)
56-1158337
Plan number
001

Questions about the Metrolina Greenhouses, Inc. 401(k)

Does Metrolina Greenhouses, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $2.93 million in employer contributions for plan year 2024.

Does the Metrolina Greenhouses, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Metrolina Greenhouses, Inc 401(k) plan?

825 participants at the start of plan year 2024, 696 of them active employees, and 225 former employees who still had money in the plan.

What is the average 401(k) balance at Metrolina Greenhouses, Inc?

About $91,134 per account: $73.0 million in plan assets across 801 accounts with a balance at the end of plan year 2024.

Who manages the Metrolina Greenhouses, Inc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE CO) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Metrolina Greenhouses, Inc. How do I access my 401(k)?

Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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