401(k) · DOL Form 5500 · 2022

Beverly Knits Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
256
Participants Below avg headcount
46th
Percentile by assets National rank
$15,960
Avg per participant Low balance/head
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Official DOL plan name: Beverly Knits Inc. 401(k) Profit Sharing Plan · Sponsored by Beverly Knits Inc. · North Carolina · Manufacturing

$4M in assets, 256 participants

Beverly Knits Inc.'s Beverly Knits Inc. 401(k) Profit Sharing Plan reported $4M in total assets and 256 participants in its 2022 DOL Form 5500 filing, ranking in the 46th 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.

  • #6,141 in Manufacturing (20,602 peers)

Coverage in North Carolina

Beverly Knits Inc. 401(k) Profit Sharing Plan covers 256 participants in North Carolina, about 31% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#6,141
in Manufacturing (20,602 peers)
-9.1%
assets change YoY

The plan reported a net loss of $409K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Beverly Knits Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$4,085,754 46th percentile higher than 46% 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

Beverly Knits 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. Beverly Knits Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (256 participants).

EBSA filing schedule strip

Filing strip 561268414 · Beverly Knits Inc. PY 2022 · 401(k)

Beverly Knits Inc. 401(k) Profit Sharing Plan · $4M · 256 · 46th

  • RANK $4M
  • RANK 256
  • RANK 46th
  • RANK 401(k)
  • RANK near Mid Atlantic Home Health, LLC
  • RANK ind #6141

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 →

Beverly Knits Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Beverly Knits Inc. 401(k) Profit Sharing PlanBeverly Knits Inc. 401(k) Pr…$4MMid Atlantic Home Health, LLC$4MAgawam Medical Supply, Corp. Retirement PlanAgawam Medical Supply, Corp.…$4MArnold Electric Company, Inc. Dba Arnold & Blevins Electric Company, Inc. Employee Savings TrustArnold Electric Company, Inc…$4MWow I, Inc. 401(k) Plan$4M
End-of-year total assets ($M) among Beverly Knits 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)$4M
Net Assets (End of Year)$4M
Net Income-$409K
Employer EIN561268414
Plan Effective Date1988-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beverly Knits Inc.)

Sponsor-wide plan assets over time

All Beverly Knits Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 30.895790593364165% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $4.09M $5.35M ▲ +30.8%
Year Plans Participants Total Assets
2022 1 256 $4M
2023 1 243 $5M
2024 1 220 $5M

Nearby 401(k) Plans in North Carolina

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

Beverly Knits 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 ($B) Participants Beverly Knits Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.004085754 · Participants: 256Beverly Knits 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
Beverly Knits Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Beverly Knits Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Beverly Knits 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 Mid Atlantic Home Health, LLC in NJ ($4M); by covered participants it is Pacific Gateway Concessions, LLC 401(k) Plan in CA (256 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (256 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 Beverly Knits Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
Beverly Knits Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 9.1% during 2022, from $4M to $4M. Reported net income was -$409K.
How have Beverly Knits Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beverly Knits Inc.'s sponsor-wide assets grew 30.9%, from $4M to $5M.
Which 401(k) plans are similar in size to Beverly Knits Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mid Atlantic Home Health, LLC in NJ ($4M, 123 participants).
Which 401(k) plans cover a similar participant headcount to Beverly Knits Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pacific Gateway Concessions, LLC 401(k) Plan in CA (256 participants, $2M 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 561268414.

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.