401(k) · DOL Form 5500 · 2022

Albaad USA, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
134
Participants Small participant base
34th
Percentile by assets National rank
$15,210
Avg per participant Low balance/head
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Official DOL plan name: Albaad USA, Inc. 401(k) Profit Sharing Plan · Sponsored by Albaad USA, Inc. · North Carolina · Manufacturing

$2M in assets, 134 participants

Albaad USA, Inc.'s Albaad USA, Inc. 401(k) Profit Sharing Plan reported $2M in total assets and 134 participants in its 2022 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,686 in Manufacturing (20,602 peers)

Coverage in North Carolina

Albaad USA, Inc. 401(k) Profit Sharing Plan covers 134 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $2M.

#3,686
in Manufacturing (20,602 peers)
-21.5%
assets change YoY

The plan reported a net loss of $552K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Albaad USA, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

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

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

$2,038,088 34th percentile higher than 34% 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

Albaad USA, Inc. 401(k) 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. Albaad USA, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (134 participants).

Published 5500 schedule card

Filing strip 200468543 · Albaad USA, Inc. PY 2022 · 401(k)

Albaad USA, Inc. 401(k) Profit Sharing Plan · $2M · 134 · 34th

  • SCH $2M
  • EBSA 134
  • PART 34th
  • TYPE 401(k)
  • NET near The Insurance Archaeology Group, Ltd. 401(k) Plan
  • BOOK ind #3686

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 →

Albaad USA, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Albaad USA, Inc. 401(k) Profit Sharing PlanAlbaad USA, Inc. 401(k) Prof…$2MThe Insurance Archaeology Group, Ltd. 401(k) PlanThe Insurance Archaeology Gr…$2MNimblerx 401(k) Plan$2MWesley Towers, Inc. Employees Savings TrustWesley Towers, Inc. Employee…$2MAccufleet 401(k) Plan$2M
End-of-year total assets ($M) among Albaad USA, Inc. 401(k) 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)$3M
Net Assets (End of Year)$2M
Net Income-$552K
Employer EIN200468543
Plan Effective Date2010-12-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Albaad USA, Inc.)

Sponsor-wide plan assets over time

All Albaad USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$861K 57.743041517343705% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M$2.5M 202220232024 $2.04M $0.86M ▼ -57.8%
Year Plans Participants Total Assets
2022 1 134 $2M
2023 1 117 $955K
2024 1 21 $861K

Nearby 401(k) Plans in North Carolina

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

Albaad USA, 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 ($B) Participants Albaad USA, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.002038088 · Participants: 134Albaad USA, Inc. 401(k) 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
Albaad USA, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Albaad USA, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Insurance Archaeology Group, Ltd. 401(k) Plan in NJ ($2M); by covered participants it is The Blain Companies 401(k) Profit Sharing Plan in MS (134 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (134 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 Albaad USA, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Albaad USA, Inc. 401(k) Profit Sharing Plan declined sharply - down 21.5% during 2022, from $3M to $2M. Reported net income was -$552K.
How have Albaad USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Albaad USA, Inc.'s sponsor-wide assets declined 57.7%, from $2M to $861K.
Which 401(k) plans are similar in size to Albaad USA, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is The Insurance Archaeology Group, Ltd. 401(k) Plan in NJ ($2M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Albaad USA, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is The Blain Companies 401(k) Profit Sharing Plan in MS (134 participants, N/A in assets).