401(k) · DOL Form 5500 · 2022

H.W. Culp Lumber Company 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
125
Participants Small participant base
81st
Percentile by assets National rank
$205,372
Avg per participant Above avg balance/head
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Official DOL plan name: H.W. Culp Lumber Company Profit Sharing Plan · Sponsored by H.W. Culp Lumber Company · North Carolina · Manufacturing

$26M in assets, 125 participants

H.W. Culp Lumber Company's H.W. Culp Lumber Company Profit Sharing Plan reported $26M in total assets and 125 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • #15,005 in Manufacturing (20,602 peers)

Coverage in North Carolina

H.W. Culp Lumber Company Profit Sharing Plan covers 125 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $26M.

#15,005
in Manufacturing (20,602 peers)
-23.7%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

H.W. Culp Lumber Company Profit Sharing Plan's outsized position by total assets

H.W. Culp Lumber Company Profit Sharing Plan vs every filed plan by assets

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

$25,671,473 Top 19% higher than 81% 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

H.W. Culp Lumber 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. H.W. Culp Lumber Company Profit Sharing Plan sits mid-pack in the medium band (125 participants).

Plan-year Form 5500 strip

Filing strip 560193850 · H.W. Culp Lumber Company PY 2022 · 401(k)

H.W. Culp Lumber Company Profit Sharing Plan · $26M · 125 · 81st

  • PCT $26M
  • PCT 125
  • PCT 81st
  • PCT 401(k)
  • PCT near Tri-Phase, Inc. 401(k) Profit Sharing Plan
  • PCT ind #15005

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 →

H.W. Culp Lumber Company Profit Sharing Plan in the asset neighbourhood

H.W. Culp Lumber Company Profit Sharing PlanH.W. Culp Lumber Company Pro…$26MTri-Phase, Inc. 401(k) Profit Sharing PlanTri-Phase, Inc. 401(k) Profi…$26MIronstate 401(k) Plan$26MSidney Regional Medical Center Salary Reduction PlanSidney Regional Medical Cent…$26MIovance Biotherapeutics, Inc. 401(k) PlanIovance Biotherapeutics, Inc…$26M
End-of-year total assets ($M) among H.W. Culp Lumber Company 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)$34M
Net Assets (End of Year)$26M
Net Income-$8M
Employer EIN560193850
Plan Effective Date1969-12-23
Filing StatusFILING RECEIVED

Sponsor Plan History (H.W. Culp Lumber Company)

Sponsor-wide plan assets over time

All H.W. Culp Lumber Company plans reported in each filing year

Latest sponsor-wide plan assets
$32M 24.213628099953592% vs 2022
2024 filing year
$24M$26M$28M$30M$32M$34M 202220232024 $25.7M $31.9M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 125 $26M
2023 1 126 $29M
2024 1 132 $32M

Nearby 401(k) Plans in North Carolina

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

H.W. Culp Lumber Company Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants H.W. Culp Lumber Company Profit Sharing Plan, Total assets ($B): 0.025671473 · Participants: 125H.W. Culp Lumber Company 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
H.W. Culp Lumber Company Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare H.W. Culp Lumber Company Profit Sharing Plan side-by-side with 3 peers →

H.W. Culp Lumber Company 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-Phase, Inc. 401(k) Profit Sharing Plan in CA ($26M); by covered participants it is Media Iq Digital N.a. 401(k) Plan in NY (125 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Similar participant headcount

Nearest other-state filings by covered participants (125 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 H.W. Culp Lumber Company Profit Sharing Plan assets move in 2022? ▼
H.W. Culp Lumber Company Profit Sharing Plan declined sharply - down 23.7% during 2022, from $34M to $26M. Reported net income was -$8M.
How have H.W. Culp Lumber Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), H.W. Culp Lumber Company's sponsor-wide assets grew 24.2%, from $26M to $32M.
Where does H.W. Culp Lumber Company Profit Sharing Plan rank by assets among Form 5500 filers? ▼
H.W. Culp Lumber Company Profit Sharing Plan ranks in the 81st 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 H.W. Culp Lumber Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tri-Phase, Inc. 401(k) Profit Sharing Plan in CA ($26M, 156 participants).
Which 401(k) plans cover a similar participant headcount to H.W. Culp Lumber Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Media Iq Digital N.a. 401(k) Plan in NY (125 participants, $2M 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 560193850.

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.