401(k) · DOL Form 5500 · 2022

Tar Heel Capital Corporation No. 2 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
1,447
Participants Near avg headcount
59th
Percentile by assets National rank
$5,106
Avg per participant Low balance/head
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Official DOL plan name: Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan · Sponsored by Tar Heel Capital Corporation No. 2 · North Carolina · Food Services & Accommodation

$7M in assets, 1,447 participants

Tar Heel Capital Corporation No. 2's Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan reported $7M in total assets and 1,447 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,975 in Food Services & Accommodation (4,592 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan ranks #3,975 of 4,592 2022 filers by assets (265% of the sector average)-$7M for 1,447 participants.

#3,975
in Food Services & Accommodation (4,592 peers)
-23.9%
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.

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan's mid-pack asset rank among Food Services & Accommodation and all filers

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan vs every filed plan by assets

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

$7,388,694 Top 41% higher than 59% 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

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan lands in the large band (1,447 participants).

DOL schedule card

Filing strip 621016897 · Tar Heel Capital Corporation No. 2 PY 2022 · 401(k)

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan · $7M · 1,447 · 59th

  • NET $7M
  • BOOK 1,447
  • VS-ST 59th
  • BOY 401(k)
  • SCH near Schwieters Companies, Inc. 401(k) Plan
  • EBSA ind #3975

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 Food Services & Accommodation retirement plans → · Plans in North Carolina →

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan in the asset neighbourhood

Tar Heel Capital Corporation No. 2 Employees Savings Plus PlanTar Heel Capital Corporation…$7MSchwieters Companies, Inc. 401(k) PlanSchwieters Companies, Inc. 4…$7MCusmano & Co., P.C. 401(k) PlanCusmano & Co., P.C. 401(k) P…$7MVelocity 401(k) Plan$7MTrinetx 401(k) Plan$7M
End-of-year total assets ($M) among Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$7M
Net Income-$2M
Employer EIN621016897
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tar Heel Capital Corporation No. 2)

Sponsor-wide plan assets over time

All Tar Heel Capital Corporation No. 2 plans reported in each filing year

Latest sponsor-wide plan assets
$9M 17.60572301410777% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M$9M 202220232024 $7.39M $8.69M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 1,447 $7M
2023 1 914 $8M
2024 1 964 $9M

Nearby 401(k) Plans in North Carolina

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

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan, Total assets ($B): 0.007388694 · Participants: 1447Tar Heel Capital Corporation No. 2 Employees Savings Plus 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
Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan side-by-side with 3 peers →

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Schwieters Companies, Inc. 401(k) Plan in MN ($7M); by covered participants it is Gate Gourmet, Inc. Bargained Employees' 401(k) Plan in VA (1,447 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,447 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 Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan assets move in 2022? ▼
Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan declined sharply - down 23.9% during 2022, from $10M to $7M. Reported net income was -$2M.
How have Tar Heel Capital Corporation No. 2 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tar Heel Capital Corporation No. 2's sponsor-wide assets grew 17.6%, from $7M to $9M.
Which 401(k) plans are similar in size to Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan? ▼
Among 401(k) plans in other states, the closest by assets is Schwieters Companies, Inc. 401(k) Plan in MN ($7M, 128 participants).
Which 401(k) plans cover a similar participant headcount to Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gate Gourmet, Inc. Bargained Employees' 401(k) Plan in VA (1,447 participants, $45M 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 621016897.

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.