401(k) · DOL Form 5500 · 2022

Wallace Hardware Company, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
160
Participants Small participant base
60th
Percentile by assets National rank
$48,800
Avg per participant Low balance/head
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Official DOL plan name: Wallace Distribution Company Profit Sharing Plan · Sponsored by Wallace Hardware Company, Inc. · Tennessee · Wholesale Trade

$8M in assets, 160 participants

Wallace Hardware Company, Inc.'s Wallace Distribution Company Profit Sharing Plan reported $8M in total assets and 160 participants in its 2022 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,459 in Wholesale Trade (6,843 peers)

Coverage in Tennessee

Wallace Distribution Company Profit Sharing Plan covers 160 participants in Tennessee, about 14% of the average Tennessee filer (state average ~1,126 per filing). Assets: $8M.

#3,459
in Wholesale Trade (6,843 peers)
-14.7%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wallace Distribution Company Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Wallace Distribution Company Profit Sharing Plan vs every filed plan by assets

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

$7,807,960 Top 40% higher than 60% 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

Wallace Distribution Company Profit Sharing 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. Wallace Distribution Company Profit Sharing Plan sits mid-pack in the medium band (160 participants).

EBSA filing schedule strip

Filing strip 620408190 · Wallace Hardware Company, Inc. PY 2022 · 401(k)

Wallace Distribution Company Profit Sharing Plan · $8M · 160 · 60th

  • BOY $8M
  • SCH 160
  • EBSA 60th
  • PART 401(k)
  • TYPE near Bcs, LLC 401(k) Profit Sharing Plan
  • NET ind #3459

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 Wholesale Trade retirement plans → · Plans in Tennessee →

Wallace Distribution Company Profit Sharing Plan in the asset neighbourhood

Wallace Distribution Company Profit Sharing PlanWallace Distribution Company…$8MBcs, LLC 401(k) Profit Sharing PlanBcs, LLC 401(k) Profit Shari…$8MRefinery Terminal Fire Company 401(k) Profit Sharing PlanRefinery Terminal Fire Compa…$8MVargo Physical Therapy Inc 401(k) Profit Sharing Plan & TrustVargo Physical Therapy Inc 4…$8MV I Engineering, Inc. 401(k) Profit Sharing PlanV I Engineering, Inc. 401(k)…$8M
End-of-year total assets ($M) among Wallace Distribution Company Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN620408190
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wallace Hardware Company, Inc.)

Sponsor-wide plan assets over time

All Wallace Hardware Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 21.246996654695977% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M$10M 202220232024 $7.81M $9.47M ▲ +21.3%
Year Plans Participants Total Assets
2022 1 160 $8M
2023 1 164 $8M
2024 1 173 $9M

Nearby 401(k) Plans in Tennessee

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

Wallace Distribution Company Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Wallace Distribution Company Profit Sharing Plan, Total assets ($B): 0.00780796 · Participants: 160Wallace Distribution Company Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Wallace Distribution Company Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Wallace Distribution Company Profit Sharing Plan side-by-side with 3 peers →

Wallace Distribution Company Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Bcs, LLC 401(k) Profit Sharing Plan in DC ($8M); by covered participants it is Apple Care, LLC 401(k) Plan in GA (160 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Wallace Distribution Company Profit Sharing Plan assets move in 2022? ▼
Wallace Distribution Company Profit Sharing Plan pulled back noticeably - down 14.7% during 2022, from $9M to $8M. Reported net income was -$1M.
How have Wallace Hardware Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wallace Hardware Company, Inc.'s sponsor-wide assets grew 21.2%, from $8M to $9M.
Which 401(k) plans are similar in size to Wallace Distribution Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bcs, LLC 401(k) Profit Sharing Plan in DC ($8M, 74 participants).
Which 401(k) plans cover a similar participant headcount to Wallace Distribution Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Apple Care, LLC 401(k) Plan in GA (160 participants, N/A 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 620408190.

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.