FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN

Reviewed byPlainRetire Editorial, Retirement Plans Editorial Team · June 6, 2026

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

FAMILIES AND COMMUNITIES RISING, INC.

This 401(k) plan holds $7M in total assets and serves 169 participants as of 2022. It is sponsored by FAMILIES AND COMMUNITIES RISING, INC. in North Carolina. The plan reported a net loss of $607K for the year.

Total Assets (2023)

$7M

Participants

169

State

North Carolina

Industry

Healthcare & Social Assistance

What the Filing Says About FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN

FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is a 401(k) retirement plan sponsored by FAMILIES AND COMMUNITIES RISING, INC., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 169 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 582046321, and the plan has been effective since 1997-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $7M at year-end — a decline of 8.1%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-607,453 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$7M
Total Assets (End of Year)	$7M
Net Assets (End of Year)	$7M
Net Income	$-607,453
Plan Type	401(k)
Employer EIN	582046321
Plan Effective Date	1997-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (FAMILIES AND COMMUNITIES RISING, INC.)

Year	Plans	Participants	Total Assets
2022	1	169	$7M
2023	1	218	$7M
2024	1	165	$8M

Nearby 401(k) Plans in North Carolina

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

THE BANK OF AMERICA 401(K) PLAN $54.8B · 173,899
HONEYWELL 401(K) PLAN $15.4B · 40,004
DUKE ENERGY RETIREMENT SAVINGS PLAN $10.4B · 28,121
TRUIST FINANCIAL CORPORATION 401(K) SAVINGS PLAN $10.1B · 55,480
NUCOR CORPORATION PROFIT SHARING AND RETIREMENT SAVINGS PLAN $8.5B · 24,174

Compare FAMILIES AND COMMUNITIES RISING, INC. 40… side-by-side with 3 peers →

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Frequently Asked Questions

How much money is in the FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN? ▼

As of the 2022 Form 5500 filing, FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN holds $7M in total assets with 169 participants. It is sponsored by FAMILIES AND COMMUNITIES RISING, INC..

What type of plan is FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN? ▼

FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is a 401(k) plan. It has been effective since 1997-01-01. The plan is filed with the U.S. Department of Labor under EIN 582046321.

Who sponsors the FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN? ▼

FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN is sponsored by FAMILIES AND COMMUNITIES RISING, INC., located in North Carolina. The sponsor's EIN is 582046321 and the plan operates in the Healthcare & Social Assistance industry.

How did FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN perform in 2022? ▼

FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN declined by 8.1% during 2022, moving from $7M to $7M in total assets. Net income was $-607,453.

Where can I find official filings for FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN? ▼

Official Form 5500 filings for FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 582046321 or plan name at efast.dol.gov.

How does FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN compare to other plans? ▼

You can compare FAMILIES AND COMMUNITIES RISING, INC. 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.