Profit Sharing · DOL Form 5500 · 2022

Lake Norman Floors, Inc. Profit Sharing Plan

Data updated 2026-08-25

$632K
Total assets Small plan by assets
4
Participants Small participant base
20th
Percentile by assets National rank
$158,014
Avg per participant Above avg balance/head
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Official DOL plan name: Lake Norman Floors, Inc. Retirement Plan · Sponsored by Lake Norman Floors, Inc. · North Carolina · Retail Trade

$632K in assets, 4 participants

Lake Norman Floors, Inc.'s Lake Norman Floors, Inc. Retirement Plan reported $632K in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 20th 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.

  • #2,859 in Retail Trade (9,519 peers)

What the 2022 filing shows

Lake Norman Floors, Inc. Retirement Plan holds $632K for 4 participants - about $158,014 per participant, among the smaller plans by assets on file.

#2,859
in Retail Trade (9,519 peers)
-0.4%
assets change YoY

The plan reported a net loss of $2K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lake Norman Floors, Inc. Retirement Plan among the smaller filed plans by assets

Lake Norman Floors, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$632,055 20th percentile higher than 20% of 139,123 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 2022

Lake Norman Floors, Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lake Norman Floors, Inc. Retirement Plan is a micro filing (4 participants), the leftmost band.

Plan-year Form 5500 strip

Filing strip 471753656 · Lake Norman Floors, Inc. PY 2022 · Profit Sharing

Lake Norman Floors, Inc. Retirement Plan · $632K · 4 · 20th

  • PCT $632K
  • EIN 4
  • RANK 20th
  • PHOTO Profit Sharing
  • IND near Duckworth Inc. Retirement Plan
  • EOY ind #2859

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 Retail Trade retirement plans → · Plans in North Carolina →

Lake Norman Floors, Inc. Retirement Plan in the asset neighbourhood

Lake Norman Floors, Inc. Retirement PlanLake Norman Floors, Inc. Ret…$632KDuckworth Inc. Retirement PlanDuckworth Inc. Retirement Pl…$632KCpa Cruz Rodriguez Retirement PlanCpa Cruz Rodriguez Retiremen…$632KShea Property Holdings Inc. Retirement PlanShea Property Holdings Inc. …$632KHome of the Good Shepherd Retirement Savings PlanHome of the Good Shepherd Re…$632K
End-of-year total assets ($M) among Lake Norman Floors, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$634K
Net Assets (End of Year)$632K
Net Income-$2K
Employer EIN471753656
Plan Effective Date2014-09-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Norman Floors, Inc.)

Sponsor-wide plan assets over time

All Lake Norman Floors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$682K 7.944561786553385% vs 2022
2024 filing year
$0.62M$0.64M$0.66M$0.68M$0.7M 202220232024 $0.63M $0.68M ▲ +7.9%
Year Plans Participants Total Assets
2022 1 4 $632K
2023 1 6 $668K
2024 1 6 $682K

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Lake Norman Floors, Inc. Retirement Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -0.500.511.52 Total assets ($B) Participants Lake Norman Floors, Inc. Retirement Plan, Total assets ($B): 0.000632055 · Participants: 4Lake Norman Floors, Inc. Retirement PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 1.870436298 · Participants: 29251Tax Deferred Savings Plan of Novant Health, Inc.Wakemed Retirement Savings Plan, Total assets ($B): 1.11733971 · Participants: 11689Wakemed Retirement Savings PlanCharter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 0.992833723 · Participants: 88468Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.09482539 · Participants: 5217Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.060345776 · Participants: 1358Baker & Taylor Retirement Savings Plan
Lake Norman Floors, Inc. Retirement Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants
Compare Lake Norman Floors, Inc. Retirement Plan side-by-side with 3 peers →

Lake Norman Floors, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Duckworth Inc. Retirement Plan in KS ($632K); by covered participants it is Arz Education Retirement Plan in CA (4 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($632K here).

Similar participant headcount

Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lake Norman Floors, Inc. Retirement Plan assets move in 2022? ▼
Lake Norman Floors, Inc. Retirement Plan held essentially flat - down 0.4% during 2022, from $634K to $632K. Reported net income was -$2K.
How have Lake Norman Floors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Norman Floors, Inc.'s sponsor-wide assets grew 7.9%, from $632K to $682K.
Where does Lake Norman Floors, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Lake Norman Floors, Inc. Retirement Plan ranks in the 20th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Lake Norman Floors, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Duckworth Inc. Retirement Plan in KS ($632K, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to Lake Norman Floors, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Arz Education Retirement Plan in CA (4 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 471753656.

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.