401(k) · DOL Form 5500 · 2022

Boon Edam, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
176
Participants Small participant base
66th
Percentile by assets National rank
$60,254
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Boon Edam, Inc. 401(k) Plan · Sponsored by Boon Edam, Inc. · North Carolina · Other Services

$11M in assets, 176 participants

Boon Edam, Inc.'s Boon Edam, Inc. 401(k) Plan reported $11M in total assets and 176 participants in its 2022 DOL Form 5500 filing, ranking in the 66th 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.

  • #6,755 in Other Services (8,398 peers)

Coverage in North Carolina

Boon Edam, Inc. 401(k) Plan covers 176 participants in North Carolina, about 21% of the average North Carolina filer (state average ~819 per filing). Assets: $11M.

#6,755
in Other Services (8,398 peers)
-10.4%
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.

Boon Edam, Inc. 401(k) Plan's mid-pack asset rank among Other Services and all filers

Boon Edam, Inc. 401(k) Plan vs every filed plan by assets

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

$10,604,685 Top 34% higher than 66% 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

Boon Edam, Inc. 401(k) 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. Boon Edam, Inc. 401(k) Plan sits mid-pack in the medium band (176 participants).

Plan-year Form 5500 strip

Filing strip 112575784 · Boon Edam, Inc. PY 2022 · 401(k)

Boon Edam, Inc. 401(k) Plan · $11M · 176 · 66th

  • ASSETS $11M
  • PCT 176
  • EIN 66th
  • RANK 401(k)
  • PHOTO near Great Healthworks, Inc. 401(k) Retirement Plan
  • IND ind #6755

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 Other Services retirement plans → · Plans in North Carolina →

Boon Edam, Inc. 401(k) Plan in the asset neighbourhood

Great Healthworks, Inc. 401(k) Retirement PlanGreat Healthworks, Inc. 401(…$11MTrident Construction Resource Management Profit Sharing PlanTrident Construction Resourc…$11MBoon Edam, Inc. 401(k) Plan$11MHurt & Proffitt, Inc. 401(k) Profit Sharing PlanHurt & Proffitt, Inc. 401(k)…$11MHeiser Automobile Dealerships 401(k) Profit Sharing PlanHeiser Automobile Dealership…$11M
End-of-year total assets ($M) among Boon Edam, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$11M
Net Income-$1M
Employer EIN112575784
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boon Edam, Inc.)

Sponsor-wide plan assets over time

All Boon Edam, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 36.45331285181974% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $10.6M $14.5M ▲ +36.5%
Year Plans Participants Total Assets
2022 1 176 $11M
2023 1 179 $12M
2024 1 180 $14M

Nearby 401(k) Plans in North Carolina

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

Boon Edam, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Boon Edam, Inc. 401(k) Plan, Total assets ($B): 0.010604685 · Participants: 176Boon Edam, Inc. 401(k) 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
Boon Edam, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Boon Edam, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Great Healthworks, Inc. 401(k) Retirement Plan in FL ($11M); by covered participants it is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (176 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 Boon Edam, Inc. 401(k) Plan assets move in 2022?
Boon Edam, Inc. 401(k) Plan pulled back noticeably - down 10.4% during 2022, from $12M to $11M. Reported net income was -$1M.
How have Boon Edam, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Boon Edam, Inc.'s sponsor-wide assets grew 36.5%, from $11M to $14M.
Which 401(k) plans are similar in size to Boon Edam, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Great Healthworks, Inc. 401(k) Retirement Plan in FL ($11M, 225 participants).
Which 401(k) plans cover a similar participant headcount to Boon Edam, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 participants, N/A in assets).