401(k) · DOL Form 5500 · 2022

Fairfield Chair Company 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
403
Participants Below avg headcount
68th
Percentile by assets National rank
$28,977
Avg per participant Low balance/head
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Official DOL plan name: Fairfield Chair 401(k) Plan · Sponsored by Fairfield Chair Company · North Carolina · Manufacturing

$12M in assets, 403 participants

Fairfield Chair Company's Fairfield Chair 401(k) Plan reported $12M in total assets and 403 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #11,557 in Manufacturing (20,602 peers)

Coverage in North Carolina

Fairfield Chair 401(k) Plan covers 403 participants in North Carolina, about 49% of the average North Carolina filer (state average ~819 per filing). Assets: $12M.

#11,557
in Manufacturing (20,602 peers)
-13.6%
assets change YoY

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.

Fairfield Chair 401(k) Plan's outsized position by total assets

Fairfield Chair 401(k) Plan vs every filed plan by assets

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

$11,677,683 Top 32% higher than 68% 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

Fairfield Chair 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. Fairfield Chair 401(k) Plan sits mid-pack in the medium band (403 participants).

Published 5500 schedule card

Filing strip 560219070 · Fairfield Chair Company PY 2022 · 401(k)

Fairfield Chair 401(k) Plan · $12M · 403 · 68th

  • BOOK $12M
  • BOOK 403
  • BOOK 68th
  • BOOK 401(k)
  • BOOK near Magnolia Bank Retirement Savings Plan
  • BOOK ind #11557

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 →

Fairfield Chair 401(k) Plan in the asset neighbourhood

Fairfield Chair 401(k) Plan$12MMagnolia Bank Retirement Savings PlanMagnolia Bank Retirement Sav…$12MWaters 401(k) Profit Sharing PlanWaters 401(k) Profit Sharing…$12MMiller-Bradford & Risberg, Inc. 401(k) Profit Sharing PlanMiller-Bradford & Risberg, I…$12ML. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing PlanL. E. Ballance Electrical Se…$12M
End-of-year total assets ($M) among Fairfield Chair 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)$14M
Net Assets (End of Year)$12M
Net Income-$2M
Employer EIN560219070
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fairfield Chair Company)

Sponsor-wide plan assets over time

All Fairfield Chair Company plans reported in each filing year

Latest sponsor-wide plan assets
$13M 10.484108876735222% vs 2022
2024 filing year
$11.5M$12M$12.5M$13M$13.5M 202220232024 $11.7M $12.9M ▲ +10.4%
Year Plans Participants Total Assets
2022 1 403 $12M
2023 1 406 $12M
2024 1 416 $13M

Nearby 401(k) Plans in North Carolina

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

Fairfield Chair 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Fairfield Chair 401(k) Plan, Total assets ($B): 0.011677683 · Participants: 403Fairfield Chair 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
Fairfield Chair 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Fairfield Chair 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Magnolia Bank Retirement Savings Plan in KY ($12M); by covered participants it is Natural History Museum Foundation Retirement Plan in CA (403 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (403 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 Fairfield Chair 401(k) Plan assets move in 2022?
Fairfield Chair 401(k) Plan pulled back noticeably - down 13.6% during 2022, from $14M to $12M. Reported net income was -$2M.
How have Fairfield Chair Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Fairfield Chair Company's sponsor-wide assets grew 10.5%, from $12M to $13M.
Which 401(k) plans are similar in size to Fairfield Chair 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Magnolia Bank Retirement Savings Plan in KY ($12M, 312 participants).
Which 401(k) plans cover a similar participant headcount to Fairfield Chair 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Natural History Museum Foundation Retirement Plan in CA (403 participants, $39M in assets).