Profit Sharing · DOL Form 5500 · 2022

Forbo Siegling, LLC Profit Sharing Plan

Data updated 2026-08-11

$13M
Total assets
328
Participants
71st
Percentile by assets
$40,936
Avg per participant
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Official DOL plan name: Forbo Siegling, LLC Retirement Plan and Trust · Sponsored by Forbo Siegling, LLC · North Carolina · Manufacturing

$13M in assets, 328 participants

Forbo Siegling, LLC's Forbo Siegling, LLC Retirement Plan and Trust reported $13M in total assets and 328 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 139,126 plans)
  • #12,269 in Manufacturing (20,602 peers)

Coverage in North Carolina

Forbo Siegling, LLC Retirement Plan and Trust covers 328 participants in North Carolina, about 40% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

$13M
total plan assets (2022 EOY)
328
covered participants
71st
percentile by assets (of 139,126 plans)
$40,936
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Forbo Siegling, LLC Retirement Plan and Trust reports 328 participants - about 40% of that state average ($13M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN800005748
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Forbo Siegling, LLC)

$20M$25M$30M$35M$40M$45M 202220232024 $38.4M $26.1M ▼ -32.0%
Total plan assets by year, all Forbo Siegling, LLC plans on file
Year Plans Participants Total Assets
2022 2 691 $38M
2023 2 723 $41M
2024 1 365 $26M

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Forbo Siegling, LLC Retirement Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Forbo Siegling, LLC Retirement Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -0.500.511.52 Total assets ($B) Participants Forbo Siegling, LLC …Tax Deferred Savings…Wakemed Retirement S…Charter Communicatio…Firsthealth of the C…Baker & Taylor Retir…
Forbo Siegling, LLC Retirement Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Forbo Siegling, LLC Retirement Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Forbo Siegling, LLC Retirement Plan and Trust assets move in 2022?
Forbo Siegling, LLC Retirement Plan and Trust declined sharply - down 20.2% during 2022, from $17M to $13M. Reported net income was -$3M.
How have Forbo Siegling, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Forbo Siegling, LLC's sponsor-wide assets declined 32.0%, from $38M to $26M.
Which Profit Sharing plans are similar in size to Forbo Siegling, LLC Retirement Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is Empire State Highway Contractors Association, Inc. Retirement Plan for the Employees of Bothar Construction, LLC in NY ($13M, 91 participants).

Next read for Forbo Siegling, LLC Retirement Plan and …

Filing takeaways

Ways to act on Forbo Siegling, LLC Retirement Plan and Trust's numbers.

  • By total assets, Forbo Siegling, LLC Retirement Plan and Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in North Carolina. Compare plans
  • Forbo Siegling, LLC's sponsor-wide assets have declined 32.0% since 2022 across 3 plan years on file. More Manufacturing plans