401(k) · DOL Form 5500 · 2022

Sherrill, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
244
Participants Below avg headcount
61st
Percentile by assets National rank
$33,761
Avg per participant Low balance/head
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Official DOL plan name: Sherrill, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Sherrill, Inc. · North Carolina · Retail Trade

$8M in assets, 244 participants

Sherrill, Inc.'s Sherrill, Inc. 401(k) Profit Sharing Plan & Trust reported $8M in total assets and 244 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #6,813 in Retail Trade (9,519 peers)

Coverage in North Carolina

Sherrill, Inc. 401(k) Profit Sharing Plan & Trust covers 244 participants in North Carolina, about 30% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#6,813
in Retail Trade (9,519 peers)
-8.1%
assets change YoY

The plan reported a net loss of $723K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sherrill, Inc. 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Retail Trade and all filers

Sherrill, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$8,237,640 Top 39% higher than 61% 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

Sherrill, Inc. 401(k) Profit Sharing Plan & Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sherrill, Inc. 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (244 participants).

EBSA filing schedule strip

Filing strip 560961953 · Sherrill, Inc. PY 2022 · 401(k)

Sherrill, Inc. 401(k) Profit Sharing Plan & Trust · $8M · 244 · 61st

  • PHOTO $8M
  • PHOTO 244
  • PHOTO 61st
  • PHOTO 401(k)
  • PHOTO near Djh Service, LLC Thrift Plan
  • PHOTO ind #6813

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 →

Sherrill, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Sherrill, Inc. 401(k) Profit Sharing Plan & TrustSherrill, Inc. 401(k) Profit…$8MDjh Service, LLC Thrift Plan$8MPeter's Auto Sales Profit Sharing Plan & TrustPeter's Auto Sales Profit Sh…$8MBio Medical Devices 401(k) PlanBio Medical Devices 401(k) P…$8MGreenleaf/Oakville Produce Partners, LLC 401(k) PlanGreenleaf/Oakville Produce P…$8M
End-of-year total assets ($M) among Sherrill, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$723K
Employer EIN560961953
Plan Effective Date1993-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sherrill, Inc.)

Sponsor-wide plan assets over time

All Sherrill, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 47.872618856857066% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $8.24M $12.2M ▲ +47.8%
Year Plans Participants Total Assets
2022 1 244 $8M
2023 1 227 $11M
2024 1 189 $12M

Nearby 401(k) Plans in North Carolina

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

Sherrill, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Sherrill, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.00823764 · Participants: 244Sherrill, Inc. 401(k) Profit Sharing Plan & TrustThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Sherrill, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Sherrill, Inc. 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Sherrill, Inc. 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Djh Service, LLC Thrift Plan in TX ($8M); by covered participants it is Thomas James Homes, LLC 401(k) Plan in CA (244 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (244 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 Sherrill, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2022? ▼
Sherrill, Inc. 401(k) Profit Sharing Plan & Trust pulled back noticeably - down 8.1% during 2022, from $9M to $8M. Reported net income was -$723K.
How have Sherrill, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sherrill, Inc.'s sponsor-wide assets grew 47.9%, from $8M to $12M.
Which 401(k) plans are similar in size to Sherrill, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Djh Service, LLC Thrift Plan in TX ($8M, 30 participants).
Which 401(k) plans cover a similar participant headcount to Sherrill, Inc. 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Thomas James Homes, LLC 401(k) Plan in CA (244 participants, $9M 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 560961953.

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.