401(k) · DOL Form 5500 · 2022
Sherrill Furniture Company 401(k) Plan
Data updated 2026-08-25
- $45M
- Total assets Below avg plan size
- 890
- Participants Near avg headcount
- 87th
- Percentile by assets National rank
- $50,648
- Avg per participant Low balance/head
Official DOL plan name: Sherrill Savings and Profit Sharing Plan · Sponsored by Sherrill Furniture Company · North Carolina · Manufacturing
$45M in assets, 890 participants
Sherrill Furniture Company's Sherrill Savings and Profit Sharing Plan reported $45M in total assets and 890 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.
- #16,720 in Manufacturing (20,602 peers)
Where Sherrill Savings and Profit Sharing Plan sits by assets
Sherrill Savings and Profit Sharing Plan sits in the top quartile of all filed plans by assets, $45M for 890 participants (~$50,648/participant), down 21.2% in 2022.
- #16,720
- in Manufacturing (20,602 peers)
- -21.2%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sherrill Savings and Profit Sharing Plan's outsized position by total assets
Sherrill Savings and Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$45,076,471 Top 13% higher than 87% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Sherrill Savings and Profit Sharing Plan 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 Savings and Profit Sharing Plan sits mid-pack in the medium band (890 participants).
Plan-year Form 5500 strip
Filing strip 560475593 · Sherrill Furniture Company PY 2022 · 401(k)
Sherrill Savings and Profit Sharing Plan · $45M · 890 · 87th
- ASSETS $45M
- ASSETS 890
- ASSETS 87th
- ASSETS 401(k)
- ASSETS near The Collins Companies Defined Contribution Plan
- ASSETS ind #16720
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 Manufacturing retirement plans → · Plans in North Carolina →
Sherrill Savings and Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $57M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | -$12M |
| Employer EIN | 560475593 |
| Plan Effective Date | 1964-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sherrill Furniture Company)
Sponsor-wide plan assets over time
All Sherrill Furniture Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $47M 3.448446529898048% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 890 | $45M |
| 2023 | 1 | 966 | $48M |
| 2024 | 1 | 966 | $47M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Sherrill Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is The Collins Companies Defined Contribution Plan in OR ($45M); by covered participants it is Earthbound Trading 401(k) Profit Sharing Plan & Trust in TX (890 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($45M here).
- The Collins Companies Defined Contribution Plan (OR) $45M · 631
- Panorama Orthopedics PC Profit Sharing Plan (CO) $45M · 535
- Centurion Industries, Inc. 401(k) Plan (IN) $45M · 901
- American Bank Employee Savings Plan (TX) $45M · 316
Similar participant headcount
Nearest other-state filings by covered participants (890 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.