Defined Benefit (Pension) · DOL Form 5500 · 2022

Carolina Glove Company Pension Plan

Data updated 2026-08-11

$6M
Total assets
30
Participants
55th
Percentile by assets
$211,589
Avg per participant
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Official DOL plan name: Carolina Glove Retirement Plan · Sponsored by Carolina Glove Company · North Carolina · Manufacturing

$6M in assets, 30 participants

Carolina Glove Company's Carolina Glove Retirement Plan reported $6M in total assets and 30 participants in its 2022 DOL Form 5500 filing, ranking in the 55th 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.

  • 55th percentile by assets (of 139,126 plans)
  • #8,350 in Manufacturing (20,602 peers)

2022 asset change

Carolina Glove Retirement Plan declined sharply 27.4% in 2022 ($9M → $6M) for 30 participants.

$6M
total plan assets (2022 EOY)
30
covered participants
55th
percentile by assets (of 139,126 plans)
$211,589
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.

Where Carolina Glove Retirement Plan sits by total assets

Carolina Glove Retirement Plan vs every filed plan by assets

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

$6,347,660 Top 45% higher than 55% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Industry

2022 asset move for Carolina Glove Retirement Plan

Year over year, total assets declined sharply from $9M at the start of 2022 to $6M at year-end (down 27.4%). Net assets closed at $6M; reported net income -$3M.

Carolina Glove Company years around the 2022 move

$-5M$0M$5M$10M 20222023 $6.87M $0M ▼ -100.0%
Total plan assets by year, all Carolina Glove Company plans on file
Year Plans Participants Total Assets
2022 2 159 $7M
2023 1 40 N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$6M
Net Income-$3M
Employer EIN560481693
Plan Effective Date1972-04-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Carolina Glove Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Carolina Glove Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Carolina Glove Retir…Honeywell Retirement…Truist Financial Cor…Duke Energy Legacy P…Duke Energy Retireme…Time Warner Cable Pe…
Carolina Glove Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Carolina Glove Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Carolina Glove Retirement Plan assets move in 2022?
Carolina Glove Retirement Plan declined sharply - down 27.4% during 2022, from $9M to $6M. Reported net income was -$3M.
Which Defined Benefit (Pension) plans are similar in size to Carolina Glove Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Southfield Radiology Associates, PLLC Cash Balance Plan in MI ($6M, 30 participants).

Next read for Carolina Glove Retirement Plan

2022 change

Ways to act on Carolina Glove Retirement Plan's numbers.

  • By total assets, Carolina Glove Retirement Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans