401(k) · DOL Form 5500 · 2022

Spence & Berkau, P.a. 401(k) Plan

Data updated 2026-08-25

$848K
Total assets Small plan by assets
6
Participants Small participant base
23rd
Percentile by assets National rank
$141,328
Avg per participant Near avg balance/head
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Official DOL plan name: Spence & Berkau P.a. Employees Profit Sharing Plan · Sponsored by Spence & Berkau, P.a. · North Carolina · Professional & Technical Services

$848K in assets, 6 participants

Spence & Berkau, P.a.'s Spence & Berkau P.a. Employees Profit Sharing Plan reported $848K in total assets and 6 participants in its 2022 DOL Form 5500 filing, ranking in the 23rd 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.

  • #4,205 in Professional & Technical Services (21,562 peers)

Spence & Berkau, P.a. multi-year trail

Spence & Berkau, P.a.'s plans moved +18.4% in assets from 2022 to 2024; this filing shows Spence & Berkau P.a. Employees Profit Sharing Plan at $848K / 6 participants.

#4,205
in Professional & Technical Services (21,562 peers)
-22.5%
assets change YoY

The plan reported a net loss of $246K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spence & Berkau P.a. Employees Profit Sharing Plan among the smaller filed plans by assets

Spence & Berkau P.a. Employees Profit Sharing Plan vs every filed plan by assets

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

$847,967 23rd percentile higher than 23% 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

Spence & Berkau P.a. Employees Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spence & Berkau P.a. Employees Profit Sharing Plan is a micro filing (6 participants), the leftmost band.

DOL schedule card

Filing strip 561501877 · Spence & Berkau, P.a. PY 2022 · 401(k)

Spence & Berkau P.a. Employees Profit Sharing Plan · $848K · 6 · 23rd

  • BOY $848K
  • BOY 6
  • BOY 23rd
  • BOY 401(k)
  • BOY near Violetta Office LLC 401(k) Plan
  • BOY ind #4205

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Spence & Berkau P.a. Employees Profit Sharing Plan in the asset neighbourhood

Spence & Berkau P.a. Employees Profit Sharing PlanSpence & Berkau P.a. Employe…$848KVioletta Office LLC 401(k) PlanVioletta Office LLC 401(k) P…$848KAnderton Castings, LLC 401(k) PlanAnderton Castings, LLC 401(k…$848KTivoli Audio 401(k) Retirement PlanTivoli Audio 401(k) Retireme…$848KBlue Ocean Tech LLC$848K
End-of-year total assets ($M) among Spence & Berkau P.a. Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Spence & Berkau, P.a. multi-year asset trail

Sponsor-wide plan assets over time

All Spence & Berkau, P.a. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 18.38338048532549% vs 2022
2024 filing year
$0.8M$0.85M$0.9M$0.95M$1M$1.05M 202220232024 $0.85M $1M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 6 $848K
2023 1 4 $938K
2024 1 5 $1M

Spence & Berkau, P.a. filing trail (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$848K
Net Income-$246K
Employer EIN561501877
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Spence & Berkau P.a. Employees Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Spence & Berkau P.a. Employees Profit Sharing Plan, Total assets ($B): 0.000847967 · Participants: 6Spence & Berkau P.a. Employees Profit Sharing 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
Spence & Berkau P.a. Employees Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Spence & Berkau P.a. Employees Profit Sharing Plan side-by-side with 3 peers →

Spence & Berkau P.a. Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Violetta Office LLC 401(k) Plan in CA ($848K); by covered participants it is Firetower Farms, Inc. 401(k) Profit Sharing Plan in TX (6 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($848K here).

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Spence & Berkau P.a. Employees Profit Sharing Plan assets move in 2022? ▼
Spence & Berkau P.a. Employees Profit Sharing Plan declined sharply - down 22.5% during 2022, from $1M to $848K. Reported net income was -$246K.
How have Spence & Berkau, P.a. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spence & Berkau, P.a.'s sponsor-wide assets grew 18.4%, from $848K to $1M.
Where does Spence & Berkau P.a. Employees Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Spence & Berkau P.a. Employees Profit Sharing Plan ranks in the 23rd 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 Spence & Berkau P.a. Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Violetta Office LLC 401(k) Plan in CA ($848K, 6 participants).
Which 401(k) plans cover a similar participant headcount to Spence & Berkau P.a. Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Firetower Farms, Inc. 401(k) Profit Sharing Plan in TX (6 participants, $302K 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 561501877.

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.