401(k) · DOL Form 5500 · 2022

Builders Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
379
Participants Below avg headcount
88th
Percentile by assets National rank
$130,417
Avg per participant Near avg balance/head
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Official DOL plan name: Builders Mutual Insurance Company 401(k) Retirement Plan · Sponsored by Builders Mutual Insurance Company · North Carolina · Finance & Insurance

$49M in assets, 379 participants

Builders Mutual Insurance Company's Builders Mutual Insurance Company 401(k) Retirement Plan reported $49M in total assets and 379 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,468 in Finance & Insurance (9,261 peers)

Coverage in North Carolina

Builders Mutual Insurance Company 401(k) Retirement Plan covers 379 participants in North Carolina, about 46% of the average North Carolina filer (state average ~819 per filing). Assets: $49M.

#7,468
in Finance & Insurance (9,261 peers)
-15.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Builders Mutual Insurance Company 401(k) Retirement Plan's outsized position by total assets

Builders Mutual Insurance Company 401(k) Retirement Plan vs every filed plan by assets

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

$49,427,980 Top 12% higher than 88% 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

Builders Mutual Insurance Company 401(k) Retirement 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. Builders Mutual Insurance Company 401(k) Retirement Plan sits mid-pack in the medium band (379 participants).

DOL schedule card

Filing strip 562046050 · Builders Mutual Insurance Company PY 2022 · 401(k)

Builders Mutual Insurance Company 401(k) Retirement Plan · $49M · 379 · 88th

  • BOY $49M
  • BOY 379
  • BOY 88th
  • BOY 401(k)
  • BOY near Healthcare Associations of California 401(k) Plan
  • BOY ind #7468

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Builders Mutual Insurance Company 401(k) Retirement Plan in the asset neighbourhood

Valkyrie Enterprises 401(k) PlanValkyrie Enterprises 401(k) …$49MBuilders Mutual Insurance Company 401(k) Retirement PlanBuilders Mutual Insurance Co…$49MHealthcare Associations of California 401(k) PlanHealthcare Associations of C…$49MTransport Equipment Company Employees Savings PlanTransport Equipment Company …$49MJohnson, Pope Profit Sharing Plan and TrustJohnson, Pope Profit Sharing…$49M
End-of-year total assets ($M) among Builders Mutual Insurance Company 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$49M
Net Income-$9M
Employer EIN562046050
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Builders Mutual Insurance Company)

Sponsor-wide plan assets over time

All Builders Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$73M 48.073081279065015% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $49.4M $73.2M ▲ +48.1%
Year Plans Participants Total Assets
2022 1 379 $49M
2023 1 434 $60M
2024 1 438 $73M

Nearby 401(k) Plans in North Carolina

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

Builders Mutual Insurance Company 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Builders Mutual Insurance Company 401(k) Retirement Plan, Total assets ($B): 0.04942798 · Participants: 379Builders Mutual Insurance Company 401(k) Retirement 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
Builders Mutual Insurance Company 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Builders Mutual Insurance Company 401(k) Retirement Plan side-by-side with 3 peers →

Builders Mutual Insurance Company 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Healthcare Associations of California 401(k) Plan in CA ($49M); by covered participants it is Hospitality Staffing Solutions 401(k) Plan in GA (379 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (379 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 Builders Mutual Insurance Company 401(k) Retirement Plan assets move in 2022? ▼
Builders Mutual Insurance Company 401(k) Retirement Plan declined sharply - down 15.1% during 2022, from $58M to $49M. Reported net income was -$9M.
How have Builders Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Builders Mutual Insurance Company's sponsor-wide assets grew 48.1%, from $49M to $73M.
Where does Builders Mutual Insurance Company 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Builders Mutual Insurance Company 401(k) Retirement Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Builders Mutual Insurance Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Healthcare Associations of California 401(k) Plan in CA ($49M, 176 participants).
Which 401(k) plans cover a similar participant headcount to Builders Mutual Insurance Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hospitality Staffing Solutions 401(k) Plan in GA (379 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 562046050.

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.