401(k) · DOL Form 5500 · 2022

N.B. Handy Company, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
369
Participants Below avg headcount
77th
Percentile by assets National rank
$53,319
Avg per participant Low balance/head
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Official DOL plan name: The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc · Sponsored by N.B. Handy Company, Inc. · Virginia · Wholesale Trade

$20M in assets, 369 participants

N.B. Handy Company, Inc.'s The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc reported $20M in total assets and 369 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,092 in Wholesale Trade (6,843 peers)

Coverage in Virginia

The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc covers 369 participants in Virginia, about 47% of the average Virginia filer (state average ~782 per filing). Assets: $20M.

#5,092
in Wholesale Trade (6,843 peers)
-21.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc's outsized position by total assets

The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc vs every filed plan by assets

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

$19,674,794 Top 23% higher than 77% 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

The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc 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. The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc sits mid-pack in the medium band (369 participants).

EBSA filing schedule strip

Filing strip 540238570 · N.B. Handy Company, Inc. PY 2022 · 401(k)

The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc · $20M · 369 · 77th

  • BOOK $20M
  • VS-ST 369
  • BOY 77th
  • SCH 401(k)
  • EBSA near Cooper Companies 401(k) Savings and Retirement Plan
  • PART ind #5092

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 Virginia →

The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc in the asset neighbourhood

Cooper Companies 401(k) Savings and Retirement PlanCooper Companies 401(k) Savi…$20MThe Salary Reduction Thrift Plan for Employees of N.B. Handy Company, IncThe Salary Reduction Thrift …$20MSerrala US Corporation 401(k) PlanSerrala US Corporation 401(k…$20MMain Street Capital Corporation 401(k) Savings PlanMain Street Capital Corporat…$20MThe Debt Exchange 401(k) Retirement PlanThe Debt Exchange 401(k) Ret…$20M
End-of-year total assets ($M) among The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$20M
Net Income-$5M
Employer EIN540238570
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (N.B. Handy Company, Inc.)

Sponsor-wide plan assets over time

All N.B. Handy Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 13.123054808096086% vs 2022
2023 filing year
$19M$20M$21M$22M$23M 20222023 $19.7M $22.3M ▲ +13.2%
Year Plans Participants Total Assets
2022 1 369 $20M
2023 1 431 $22M

Nearby 401(k) Plans in Virginia

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

The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc, Total assets ($B): 0.019674794 · Participants: 369The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, IncNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc side-by-side with 3 peers →

The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Cooper Companies 401(k) Savings and Retirement Plan in TN ($20M); by covered participants it is Blue Plate 401(k) Plan in MN (369 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (369 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 The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc assets move in 2022? ▼
The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc declined sharply - down 21.5% during 2022, from $25M to $20M. Reported net income was -$5M.
How have N.B. Handy Company, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), N.B. Handy Company, Inc.'s sponsor-wide assets grew 13.1%, from $20M to $22M.
Where does The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc rank by assets among Form 5500 filers? ▼
The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc ranks in the 77th 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 The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc? ▼
Among 401(k) plans in other states, the closest by assets is Cooper Companies 401(k) Savings and Retirement Plan in TN ($20M, 1,054 participants).
Which 401(k) plans cover a similar participant headcount to The Salary Reduction Thrift Plan for Employees of N.B. Handy Company, Inc? ▼
Among 401(k) plans in other states, the closest by covered participants is Blue Plate 401(k) Plan in MN (369 participants, $4M 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 540238570.

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.