401(k) · DOL Form 5500 · 2022

Hickory Springs Manufacturing Company 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
2,323
Participants Above avg headcount
90th
Percentile by assets National rank
$27,374
Avg per participant Low balance/head
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Official DOL plan name: Hickory Springs Employees 401(k) Plan · Sponsored by Hickory Springs Manufacturing Company · North Carolina · Manufacturing

$64M in assets, 2,323 participants

Hickory Springs Manufacturing Company's Hickory Springs Employees 401(k) Plan reported $64M in total assets and 2,323 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #17,506 in Manufacturing (20,602 peers)

Coverage in North Carolina

Hickory Springs Employees 401(k) Plan covers 2,323 participants in North Carolina, 2.8x the typical North Carolina plan (state average ~819 per filing). Assets: $64M.

#17,506
in Manufacturing (20,602 peers)
-21.0%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hickory Springs Employees 401(k) Plan's outsized position by total assets

Hickory Springs Employees 401(k) Plan vs every filed plan by assets

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

$63,590,185 Top 10% higher than 90% 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

Hickory Springs Employees 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hickory Springs Employees 401(k) Plan lands in the large band (2,323 participants).

Published 5500 schedule card

Filing strip 560494395 · Hickory Springs Manufacturing Company PY 2022 · 401(k)

Hickory Springs Employees 401(k) Plan · $64M · 2,323 · 90th

  • EIN $64M
  • RANK 2,323
  • PHOTO 90th
  • IND 401(k)
  • EOY near Virgin Galactic, LLC 401(k) Plan
  • 5500 ind #17506

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 →

Hickory Springs Employees 401(k) Plan in the asset neighbourhood

Dierbergs Collectively Bargained Employees' 401(k) PlanDierbergs Collectively Barga…$64MSutton Bank Employee Stock Ownership & 401(k) PlanSutton Bank Employee Stock O…$64MHickory Springs Employees 401(k) PlanHickory Springs Employees 40…$64MVirgin Galactic, LLC 401(k) PlanVirgin Galactic, LLC 401(k) …$64MAmerican Sugar Refining & Subsidiaries Hourly Savings and Investment PlanAmerican Sugar Refining & Su…$64M
End-of-year total assets ($M) among Hickory Springs Employees 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)$81M
Net Assets (End of Year)$64M
Net Income-$17M
Employer EIN560494395
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hickory Springs Manufacturing Company)

Sponsor-wide plan assets over time

All Hickory Springs Manufacturing Company plans reported in each filing year

Latest sponsor-wide plan assets
$137M 28.162835370495433% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $190M $137M ▼ -28.2%
Year Plans Participants Total Assets
2022 2 2,720 $190M
2023 2 2,524 $132M
2024 2 2,254 $137M

Nearby 401(k) Plans in North Carolina

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

Hickory Springs Employees 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Hickory Springs Employees 401(k) Plan, Total assets ($B): 0.063590185 · Participants: 2323Hickory Springs Employees 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
Hickory Springs Employees 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Hickory Springs Employees 401(k) Plan side-by-side with 3 peers →

Hickory Springs Employees 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Virgin Galactic, LLC 401(k) Plan in CA ($64M); by covered participants it is Satellite Healthcare, Inc. 403(b) Retirement Plan in CA (2,323 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,323 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 Hickory Springs Employees 401(k) Plan assets move in 2022? ▼
Hickory Springs Employees 401(k) Plan declined sharply - down 21.0% during 2022, from $81M to $64M. Reported net income was -$17M.
How have Hickory Springs Manufacturing Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hickory Springs Manufacturing Company's sponsor-wide assets declined 28.2%, from $190M to $137M.
Where does Hickory Springs Employees 401(k) Plan rank by assets among Form 5500 filers? ▼
Hickory Springs Employees 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Hickory Springs Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Virgin Galactic, LLC 401(k) Plan in CA ($64M, 706 participants).
Which 401(k) plans cover a similar participant headcount to Hickory Springs Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Satellite Healthcare, Inc. 403(b) Retirement Plan in CA (2,323 participants, $174M 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 560494395.

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.