401(k) · DOL Form 5500 · 2022

Reef Systems Corp. 401(k) Plan

Data updated 2026-08-25

$341K
Total assets Small plan by assets
115
Participants Small participant base
15th
Percentile by assets National rank
$2,968
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: The Contractors Retirement Plan · Sponsored by Reef Systems Corp. · North Carolina · Construction

$341K in assets, 115 participants

Reef Systems Corp.'s The Contractors Retirement Plan reported $341K in total assets and 115 participants in its 2022 DOL Form 5500 filing, ranking in the 15th 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.

  • #1,296 in Construction (9,927 peers)

Coverage in North Carolina

The Contractors Retirement Plan covers 115 participants in North Carolina, about 14% of the average North Carolina filer (state average ~819 per filing). Assets: $341K.

#1,296
in Construction (9,927 peers)
-25.1%
assets change YoY

The plan reported a net loss of $115K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Contractors Retirement Plan among the smaller filed plans by assets

The Contractors Retirement Plan vs every filed plan by assets

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

$341,311 15th percentile higher than 15% 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

The Contractors Retirement Plan 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. The Contractors Retirement Plan sits mid-pack in the medium band (115 participants).

Plan-year Form 5500 strip

Filing strip 261661590 · Reef Systems Corp. PY 2022 · 401(k)

The Contractors Retirement Plan · $341K · 115 · 15th

  • EBSA $341K
  • EBSA 115
  • EBSA 15th
  • EBSA 401(k)
  • EBSA near Connic Enterprises, Inc. the Pension Transfer Trust Plan
  • EBSA ind #1296

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 Construction retirement plans → · Plans in North Carolina →

The Contractors Retirement Plan in the asset neighbourhood

The Contractors Retirement PlanThe Contractors Retirement P…$341KConnic Enterprises, Inc. the Pension Transfer Trust PlanConnic Enterprises, Inc. the…$341KBurke Optometry, Inc. 401(k) PlanBurke Optometry, Inc. 401(k)…$341KCedaredge Wine and Spirits, Inc. 401(k) PlanCedaredge Wine and Spirits, …$341KBomar Industries Investment PlanBomar Industries Investment …$341K
End-of-year total assets ($M) among The Contractors Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$456K
Net Assets (End of Year)$341K
Net Income-$115K
Employer EIN261661590
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

The Contractors Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants The Contractors Retirement Plan, Total assets ($B): 0.000341311 · Participants: 115The Contractors Retirement 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
The Contractors Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare The Contractors Retirement Plan side-by-side with 3 peers →

The Contractors Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Connic Enterprises, Inc. the Pension Transfer Trust Plan in OR ($341K); by covered participants it is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 The Contractors Retirement Plan assets move in 2022? ▼
The Contractors Retirement Plan declined sharply - down 25.1% during 2022, from $456K to $341K. Reported net income was -$115K.
Where does The Contractors Retirement Plan rank by assets among Form 5500 filers? ▼
The Contractors Retirement Plan ranks in the 15th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to The Contractors Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Connic Enterprises, Inc. the Pension Transfer Trust Plan in OR ($341K, 31 participants).
Which 401(k) plans cover a similar participant headcount to The Contractors Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 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 261661590.

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.