401(k) · DOL Form 5500 · 2022

Barnhill Contracting Company 401(k) Plan

Data updated 2026-08-11

$64M
Total assets
942
Participants
90th
Percentile by assets
$67,951
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Barnhill Contracting Co.Psp · Sponsored by Barnhill Contracting Company · North Carolina · Construction

$64M in assets, 942 participants

Barnhill Contracting Company's Barnhill Contracting Co.Psp reported $64M in total assets and 942 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #8,763 in Construction (9,927 peers)

Where Barnhill Contracting Co.Psp sits by assets

Barnhill Contracting Co.Psp sits in the top 10% of all filed plans by assets, $64M for 942 participants (~$67,951/participant), down 17.9% in 2022.

$64M
total plan assets (2022 EOY)
942
covered participants
90th
percentile by assets (of 139,126 plans)
$67,951
avg assets per participant

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Barnhill Contracting Co.Psp sits by total assets

Barnhill Contracting Co.Psp vs every filed plan by assets

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

$64,009,941 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
North Carolina
Industry
Construction

Barnhill Contracting Co.Psp vs the 2022 asset distribution

By assets, Barnhill Contracting Co.Psp outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$64M
Net Income-$14M
Employer EIN560512633
Plan Effective Date1969-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Barnhill Contracting Company)

$60M$65M$70M$75M$80M$85M 202220232024 $64M $78.8M ▲ +23.2%
Total plan assets by year, all Barnhill Contracting Company plans on file
Year Plans Participants Total Assets
2022 1 942 $64M
2023 1 1,020 $70M
2024 1 1,026 $79M

Nearby 401(k) Plans in North Carolina

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

Barnhill Contracting Co.Psp vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Barnhill Contracting…, Total assets ($B): 0.064009941 · Participants: 942Barnhill Contracting…The Bank of America …, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America …Honeywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retireme…, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retireme…Truist Financial Cor…, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Cor…Lowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Barnhill Contracting Co.Psp vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Barnhill Contracting Co.Psp side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Barnhill Contracting Co.Psp by total assets, not by location.

Frequently Asked Questions

How did Barnhill Contracting Co.Psp assets move in 2022? ▼
Barnhill Contracting Co.Psp declined sharply - down 17.9% during 2022, from $78M to $64M. Reported net income was -$14M.
How have Barnhill Contracting Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Barnhill Contracting Company's sponsor-wide assets grew 23.2%, from $64M to $79M.
Where does Barnhill Contracting Co.Psp rank by assets among Form 5500 filers? ▼
Barnhill Contracting Co.Psp ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Barnhill Contracting Co.Psp? ▼
Among 401(k) plans in other states, the closest by assets is The Okonite Company 401(k) Savings Plan in NJ ($64M, 705 participants).

Next read for Barnhill Contracting Co.Psp

Scale reading

Ways to act on Barnhill Contracting Co.Psp's numbers.

  • By total assets, Barnhill Contracting Co.Psp ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • Barnhill Contracting Company's sponsor-wide assets have grown 23.2% since 2022 across 3 plan years on file. More Construction plans

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 560512633.

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.