401(k) · DOL Form 5500 · 2022

True Homes, LLC 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
400
Participants Below avg headcount
70th
Percentile by assets National rank
$33,280
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: True Homes, LLC 401(k) Plan · Sponsored by True Homes, LLC · North Carolina · Construction

$13M in assets, 400 participants

True Homes, LLC's True Homes, LLC 401(k) Plan reported $13M in total assets and 400 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #6,961 in Construction (9,927 peers)

Coverage in North Carolina

True Homes, LLC 401(k) Plan covers 400 participants in North Carolina, about 49% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

#6,961
in Construction (9,927 peers)
+0.5%
assets growth YoY

True Homes, LLC 401(k) Plan's outsized position by total assets

True Homes, LLC 401(k) Plan vs every filed plan by assets

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

$13,312,180 Top 30% higher than 70% 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

True Homes, LLC 401(k) 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. True Homes, LLC 401(k) Plan sits mid-pack in the medium band (400 participants).

EBSA filing schedule strip

Filing strip 261483906 · True Homes, LLC PY 2022 · 401(k)

True Homes, LLC 401(k) Plan · $13M · 400 · 70th

  • ASSETS $13M
  • ASSETS 400
  • ASSETS 70th
  • ASSETS 401(k)
  • ASSETS near Profit Sharing Plan Under Basswood Capital Management LLC Incentive Savings Trust
  • ASSETS ind #6961

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 Construction retirement plans → · Plans in North Carolina →

True Homes, LLC 401(k) Plan in the asset neighbourhood

True Homes, LLC 401(k) Plan$13MProfit Sharing Plan Under Basswood Capital Management LLC Incentive Savings TrustProfit Sharing Plan Under Ba…$13MH&m Trucking, Inc. 401(k) PlanH&m Trucking, Inc. 401(k) Pl…$13MLegal Aid of Western Missouri Profit Sharing PlanLegal Aid of Western Missour…$13MSilverton Casino, LLC 401(k) PlanSilverton Casino, LLC 401(k)…$13M
End-of-year total assets ($M) among True Homes, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income$65K
Employer EIN261483906
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (True Homes, LLC)

Sponsor-wide plan assets over time

All True Homes, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$24M 82.4962027256242% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $13.3M $24.3M ▲ +82.5%
Year Plans Participants Total Assets
2022 1 400 $13M
2023 1 439 $18M
2024 1 446 $24M

Nearby 401(k) Plans in North Carolina

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

True Homes, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants True Homes, LLC 401(k) Plan, Total assets ($B): 0.01331218 · Participants: 400True Homes, LLC 401(k) PlanThe 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
True Homes, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

True Homes, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Profit Sharing Plan Under Basswood Capital Management LLC Incentive Savings Trust in NY ($13M); by covered participants it is Mile Square Transportation, Inc. 401(k)/Profit Sharing Trust in OH (400 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (400 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 True Homes, LLC 401(k) Plan assets move in 2022?
True Homes, LLC 401(k) Plan held essentially flat - up 0.5% during 2022, from $13M to $13M. Reported net income was $65K.
How have True Homes, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), True Homes, LLC's sponsor-wide assets grew 82.5%, from $13M to $24M.
Which 401(k) plans are similar in size to True Homes, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Profit Sharing Plan Under Basswood Capital Management LLC Incentive Savings Trust in NY ($13M, 18 participants).
Which 401(k) plans cover a similar participant headcount to True Homes, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Mile Square Transportation, Inc. 401(k)/Profit Sharing Trust in OH (400 participants, $481K in assets).