401(k) · DOL Form 5500 · 2022

Transource, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
255
Participants Below avg headcount
64th
Percentile by assets National rank
$36,716
Avg per participant Low balance/head
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Official DOL plan name: Transource, Inc. 401(k) Investment Plan · Sponsored by Transource, Inc. · North Carolina · Retail Trade

$9M in assets, 255 participants

Transource, Inc.'s Transource, Inc. 401(k) Investment Plan reported $9M in total assets and 255 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.

  • #7,064 in Retail Trade (9,519 peers)

Coverage in North Carolina

Transource, Inc. 401(k) Investment Plan covers 255 participants in North Carolina, about 31% of the average North Carolina filer (state average ~819 per filing). Assets: $9M.

#7,064
in Retail Trade (9,519 peers)
-14.6%
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.

Transource, Inc. 401(k) Investment Plan's mid-pack asset rank among Retail Trade and all filers

Transource, Inc. 401(k) Investment Plan vs every filed plan by assets

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

$9,362,500 Top 36% higher than 64% 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

Transource, Inc. 401(k) Investment 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. Transource, Inc. 401(k) Investment Plan sits mid-pack in the medium band (255 participants).

DOL schedule card

Filing strip 561325586 · Transource, Inc. PY 2022 · 401(k)

Transource, Inc. 401(k) Investment Plan · $9M · 255 · 64th

  • ASSETS $9M
  • PCT 255
  • EIN 64th
  • RANK 401(k)
  • PHOTO near Liberty Electronics, Inc. 401(k) Plan
  • IND ind #7064

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 Retail Trade retirement plans → · Plans in North Carolina →

Transource, Inc. 401(k) Investment Plan in the asset neighbourhood

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End-of-year total assets ($M) among Transource, Inc. 401(k) Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$9M
Net Income-$2M
Employer EIN561325586
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Transource, Inc.)

Sponsor-wide plan assets over time

All Transource, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 62.37963150867824% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.36M $15.2M ▲ +62.4%
Year Plans Participants Total Assets
2022 1 255 $9M
2023 1 295 $12M
2024 1 308 $15M

Nearby 401(k) Plans in North Carolina

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

Transource, Inc. 401(k) Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Transource, Inc. 401(k) Investment Plan, Total assets ($B): 0.0093625 · Participants: 255Transource, Inc. 401(k) Investment 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
Transource, Inc. 401(k) Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Transource, Inc. 401(k) Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Liberty Electronics, Inc. 401(k) Plan in PA ($9M); by covered participants it is Lincoln Manufacturing 401(k) Plan in TX (255 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (255 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 Transource, Inc. 401(k) Investment Plan assets move in 2022?
Transource, Inc. 401(k) Investment Plan pulled back noticeably - down 14.6% during 2022, from $11M to $9M. Reported net income was -$2M.
How have Transource, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Transource, Inc.'s sponsor-wide assets grew 62.4%, from $9M to $15M.
Which 401(k) plans are similar in size to Transource, Inc. 401(k) Investment Plan?
Among 401(k) plans in other states, the closest by assets is Liberty Electronics, Inc. 401(k) Plan in PA ($9M, 328 participants).
Which 401(k) plans cover a similar participant headcount to Transource, Inc. 401(k) Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Lincoln Manufacturing 401(k) Plan in TX (255 participants, N/A in assets).