401(k) · DOL Form 5500 · 2022

Bonset America Corporation 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
143
Participants Small participant base
77th
Percentile by assets National rank
$139,136
Avg per participant Near avg balance/head
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Official DOL plan name: Employees Savings Plan of Bonset America Corporation · Sponsored by Bonset America Corporation · North Carolina · Manufacturing

$20M in assets, 143 participants

Bonset America Corporation's Employees Savings Plan of Bonset America Corporation reported $20M in total assets and 143 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.

  • #14,031 in Manufacturing (20,602 peers)

Coverage in North Carolina

Employees Savings Plan of Bonset America Corporation covers 143 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $20M.

#14,031
in Manufacturing (20,602 peers)
-15.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Employees Savings Plan of Bonset America Corporation's outsized position by total assets

Employees Savings Plan of Bonset America Corporation vs every filed plan by assets

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

$19,896,416 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

Employees Savings Plan of Bonset America Corporation 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. Employees Savings Plan of Bonset America Corporation sits mid-pack in the medium band (143 participants).

Plan-year Form 5500 strip

Filing strip 561645992 · Bonset America Corporation PY 2022 · 401(k)

Employees Savings Plan of Bonset America Corporation · $20M · 143 · 77th

  • 5500 $20M
  • 5500 143
  • 5500 77th
  • 5500 401(k)
  • 5500 near The Lyons National Bank 401(k) Profit Sharing Plan
  • 5500 ind #14031

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 →

Employees Savings Plan of Bonset America Corporation in the asset neighbourhood

Employees Savings Plan of Bonset America CorporationEmployees Savings Plan of Bo…$20MThe Lyons National Bank 401(k) Profit Sharing PlanThe Lyons National Bank 401(…$20MCpacom Inc 401(k) Profit Sharing Plan & TrustCpacom Inc 401(k) Profit Sha…$20MMachinists, Inc. 401(k) Savings Plan & TrustMachinists, Inc. 401(k) Savi…$20MOptimax Systems, Inc. 401(k) Profit Sharing PlanOptimax Systems, Inc. 401(k)…$20M
End-of-year total assets ($M) among Employees Savings Plan of Bonset America Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$20M
Net Income-$4M
Employer EIN561645992
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bonset America Corporation)

Sponsor-wide plan assets over time

All Bonset America Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$22M 10.219307839160582% vs 2022
2024 filing year
$19M$20M$21M$22M$23M 202220232024 $19.9M $21.9M ▲ +10.2%
Year Plans Participants Total Assets
2022 1 143 $20M
2023 1 140 $21M
2024 1 122 $22M

Nearby 401(k) Plans in North Carolina

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

Employees Savings Plan of Bonset America Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Employees Savings Plan of Bonset America Corporation, Total assets ($B): 0.019896416 · Participants: 143Employees Savings Plan of Bonset America CorporationThe 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
Employees Savings Plan of Bonset America Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Employees Savings Plan of Bonset America Corporation side-by-side with 3 peers →

Employees Savings Plan of Bonset America Corporation's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Lyons National Bank 401(k) Profit Sharing Plan in NY ($20M); by covered participants it is Novidea Healthcare, Inc. Profit Sharing Plan and Trust in OH (143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (143 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 Employees Savings Plan of Bonset America Corporation assets move in 2022? ▼
Employees Savings Plan of Bonset America Corporation pulled back noticeably - down 15.0% during 2022, from $23M to $20M. Reported net income was -$4M.
How have Bonset America Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bonset America Corporation's sponsor-wide assets grew 10.2%, from $20M to $22M.
Where does Employees Savings Plan of Bonset America Corporation rank by assets among Form 5500 filers? ▼
Employees Savings Plan of Bonset America Corporation 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 Employees Savings Plan of Bonset America Corporation? ▼
Among 401(k) plans in other states, the closest by assets is The Lyons National Bank 401(k) Profit Sharing Plan in NY ($20M, 215 participants).
Which 401(k) plans cover a similar participant headcount to Employees Savings Plan of Bonset America Corporation? ▼
Among 401(k) plans in other states, the closest by covered participants is Novidea Healthcare, Inc. Profit Sharing Plan and Trust in OH (143 participants, N/A 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 561645992.

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.