Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

GUY C LEE BUILDING MATERIALS, LLC

This Profit Sharing plan holds $11M in total assets and serves 282 participants as of 2022. It is sponsored by GUY C LEE BUILDING MATERIALS, LLC in North Carolina. The plan reported a net loss of $478K for the year.

Total Assets (2023)
$11M
Participants
282
Industry
Retail Trade

What the Filing Says About GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN

GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN is a Profit Sharing retirement plan sponsored by GUY C LEE BUILDING MATERIALS, LLC, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 282 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 561482867, and the plan has been effective since 2007-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $11M at year-end — a decline of 4.2%. Net assets (after liabilities) closed the year at $11M, with reported net income of $-478,237 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income$-478,237
Plan TypeProfit Sharing
Employer EIN561482867
Plan Effective Date2007-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GUY C LEE BUILDING MATERIALS, LLC)

Year Plans Participants Total Assets
2022 1 282 $11M
2023 1 388 $14M
2024 1 399 $18M

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN?
As of the 2022 Form 5500 filing, GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN holds $11M in total assets with 282 participants. It is sponsored by GUY C LEE BUILDING MATERIALS, LLC.
What type of plan is GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN?
GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN is a Profit Sharing plan. It has been effective since 2007-07-01. The plan is filed with the U.S. Department of Labor under EIN 561482867.
Who sponsors the GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN?
GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN is sponsored by GUY C LEE BUILDING MATERIALS, LLC, located in North Carolina. The sponsor's EIN is 561482867 and the plan operates in the Retail Trade industry.
How did GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN perform in 2022?
GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN declined by 4.2% during 2022, moving from $12M to $11M in total assets. Net income was $-478,237.
Where can I find official filings for GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN?
Official Form 5500 filings for GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561482867 or plan name at efast.dol.gov.
How does GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN compare to other plans?
You can compare GUY C. LEE BUILDING MATERIALS, LLC 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 561482867.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.