Food Express, Inc. 401(k) Profit Sharing Plan

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team · June 16, 2026

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Food Express, Inc. · North Carolina · Retail Trade

What the 2023 filing shows

Food Express, Inc. 401(k) Profit Sharing Plan holds $4M for 67 participants — about $56,751 per participant, down 24.7% over the 2022 plan year.

$4M
total plan assets (2022 EOY): 67
covered participants: $56,751
avg assets per participant: -24.7%
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.

Total Assets (2023)

$4M

Participants

State

North Carolina

Industry

Retail Trade

What the Filing Says About Food Express, Inc. 401(k) Profit Sharing Plan

Food Express, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Food Express, Inc., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 67 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 561472074, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2022 to $4M at year-end — a decline of 24.7%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-1,250,441 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$5M
Total Assets (End of Year)	$4M
Net Assets (End of Year)	$4M
Net Income	$-1,250,441
Plan Type	401(k)
Employer EIN	561472074
Plan Effective Date	1989-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Food Express, Inc.)

Year	Plans	Participants	Total Assets
2022	1	67	$4M
2023	1	95	$4M
2024	1	111	$5M

Nearby 401(k) Plans in North Carolina

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

The Bank of America 401(k) Plan $54.8B · 173,899
Honeywell 401(k) Plan $15.4B · 40,004
Duke Energy Retirement Savings Plan $10.4B · 28,121
Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174

Compare Food Express, Inc. 401(k) Profit Sharing… side-by-side with 3 peers →

Related Data

Guides

Frequently Asked Questions

How much money is in the Food Express, Inc. 401(k) Profit Sharing Plan? ▼

As of the 2022 Form 5500 filing, Food Express, Inc. 401(k) Profit Sharing Plan holds $4M in total assets with 67 participants. It is sponsored by Food Express, Inc..

What type of plan is Food Express, Inc. 401(k) Profit Sharing Plan? ▼

Food Express, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 561472074.

Who sponsors the Food Express, Inc. 401(k) Profit Sharing Plan? ▼

Food Express, Inc. 401(k) Profit Sharing Plan is sponsored by Food Express, Inc., located in North Carolina. The sponsor's EIN is 561472074 and the plan operates in the Retail Trade industry.

How did Food Express, Inc. 401(k) Profit Sharing Plan perform in 2022? ▼

Food Express, Inc. 401(k) Profit Sharing Plan declined by 24.7% during 2022, moving from $5M to $4M in total assets. Net income was $-1,250,441.

Where can I find official filings for Food Express, Inc. 401(k) Profit Sharing Plan? ▼

Official Form 5500 filings for Food Express, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561472074 or plan name at efast.dol.gov.

How does Food Express, Inc. 401(k) Profit Sharing Plan compare to other plans? ▼

You can compare Food Express, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.