401(k) · DOL Form 5500 · 2022

T.W. Garner Food Company 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
100
Participants Small participant base
77th
Percentile by assets National rank
$194,154
Avg per participant Above avg balance/head
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Official DOL plan name: T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan · Sponsored by T.W. Garner Food Company · North Carolina · Manufacturing

$19M in assets, 100 participants

T.W. Garner Food Company's T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan reported $19M in total assets and 100 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #13,938 in Manufacturing (20,602 peers)

Coverage in North Carolina

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan covers 100 participants in North Carolina, about 12% of the average North Carolina filer (state average ~819 per filing). Assets: $19M.

#13,938
in Manufacturing (20,602 peers)
-10.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan's outsized position by total assets

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,415,441 Top 23% higher than 77% 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

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan is a small filing (100 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 560486957 · T.W. Garner Food Company PY 2022 · 401(k)

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan · $19M · 100 · 77th

  • BOOK $19M
  • BOOK 100
  • BOOK 77th
  • BOOK 401(k)
  • BOOK near Tri-City Electric Company of Iowa Profit Sharing 401(k) Plan
  • BOOK ind #13938

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 →

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan in the asset neighbourhood

T.W. Garner Food Company Employees' 401(k) Profit Sharing PlanT.W. Garner Food Company Emp…$19MTri-City Electric Company of Iowa Profit Sharing 401(k) PlanTri-City Electric Company of…$19MChildren's Hospital and Health System Shared Retirement Savings Plan - 401(k)Children's Hospital and Heal…$19MNewsela, Inc. 401(k) Retirement Savings PlanNewsela, Inc. 401(k) Retirem…$19MThe Corradino Group Salary Savings & Investment PlanThe Corradino Group Salary S…$19M
End-of-year total assets ($M) among T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$19M
Net Income-$2M
Employer EIN560486957
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (T.W. Garner Food Company)

Sponsor-wide plan assets over time

All T.W. Garner Food Company plans reported in each filing year

Latest sponsor-wide plan assets
$49M 25.219306636061038% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.2M $49M ▲ +25.2%
Year Plans Participants Total Assets
2022 2 175 $39M
2023 2 171 $44M
2024 2 199 $49M

Nearby 401(k) Plans in North Carolina

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

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan, Total assets ($B): 0.019415441 · Participants: 100T.W. Garner Food Company Employees' 401(k) Profit Sharing 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
T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan side-by-side with 3 peers →

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Tri-City Electric Company of Iowa Profit Sharing 401(k) Plan in IA ($19M); by covered participants it is The Contractors Retirement Plan in AZ (100 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (100 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 T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan assets move in 2022? ▼
T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan pulled back noticeably - down 10.0% during 2022, from $22M to $19M. Reported net income was -$2M.
How have T.W. Garner Food Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), T.W. Garner Food Company's sponsor-wide assets grew 25.2%, from $39M to $49M.
Where does T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan ranks in the 77th 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 T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tri-City Electric Company of Iowa Profit Sharing 401(k) Plan in IA ($19M, 143 participants).
Which 401(k) plans cover a similar participant headcount to T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Contractors Retirement Plan in AZ (100 participants, $223K 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 560486957.

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.