401(k) · DOL Form 5500 · 2022

Scottmadden, Inc. 401(k) Plan

Data updated 2026-08-11

$57M
Total assets
190
Participants
89th
Percentile by assets
$299,110
Avg per participant
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Official DOL plan name: Scottmadden, Inc. 401(k) Profit Sharing Plan · Sponsored by Scottmadden, Inc. · North Carolina · Professional & Technical Services

$57M in assets, 190 participants

Scottmadden, Inc.'s Scottmadden, Inc. 401(k) Profit Sharing Plan reported $57M in total assets and 190 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #19,435 in Professional & Technical Services (21,562 peers)

Coverage in North Carolina

Scottmadden, Inc. 401(k) Profit Sharing Plan covers 190 participants in North Carolina, about 23% of the average North Carolina filer (state average ~819 per filing). Assets: $57M.

$57M
total plan assets (2022 EOY)
190
covered participants
89th
percentile by assets (of 139,126 plans)
$299,110
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Scottmadden, Inc. 401(k) Profit Sharing Plan sits by total assets

Scottmadden, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$56,830,846 Top 11% higher than 89% 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

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Scottmadden, Inc. 401(k) Profit Sharing Plan reports 190 participants - about 23% of that state average ($57M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$57M
Net Income-$11M
Employer EIN561445505
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scottmadden, Inc.)

$50M$60M$70M$80M$90M 202220232024 $56.8M $80.1M ▲ +40.9%
Total plan assets by year, all Scottmadden, Inc. plans on file
Year Plans Participants Total Assets
2022 1 190 $57M
2023 1 211 $67M
2024 1 214 $80M

Nearby 401(k) Plans in North Carolina

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

Scottmadden, Inc. 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 ($B) Participants Scottmadden, Inc. 40…, Total assets ($B): 0.056830846 · Participants: 190Scottmadden, Inc. 40…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
Scottmadden, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Scottmadden, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Scottmadden, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Scottmadden, Inc. 401(k) Profit Sharing Plan declined sharply - down 16.2% during 2022, from $68M to $57M. Reported net income was -$11M.
How have Scottmadden, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Scottmadden, Inc.'s sponsor-wide assets grew 40.9%, from $57M to $80M.
Where does Scottmadden, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Scottmadden, Inc. 401(k) Profit Sharing Plan ranks in the 89th 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 Scottmadden, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is S.P. Richards 401(k) Retirement Plan in GA ($57M, 1,334 participants).

Filing takeaways

Ways to act on Scottmadden, Inc. 401(k) Profit Sharing Plan's numbers.