Money Purchase · DOL Form 5500 · 2022
Rankin Timber Company Inc Money Purchase Plan
Data updated 2026-08-11
- $3M
- Total assets
- 2
- Participants
- 42nd
- Percentile by assets
- $1.6M
- Avg per participant
Official DOL plan name: Rankin Timber Company Inc · Sponsored by Rankin Timber Company Inc · North Carolina · Agriculture, Forestry & Fishing
$3M in assets, 2 participants
Rankin Timber Company Inc's Rankin Timber Company Inc reported $3M in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 42nd 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.
- 42nd percentile by assets (of 139,126 plans)
- #680 in Agriculture, Forestry & Fishing (1,523 peers)
2022 asset change
Rankin Timber Company Inc pulled back noticeably 10.2% in 2022 ($4M → $3M) for 2 participants.
- $3M
- total plan assets (2022 EOY)
- 2
- covered participants
- 42nd
- percentile by assets (of 139,126 plans)
- $1.6M
- avg assets per participant
The plan reported a net loss of $362K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
2022 asset move for Rankin Timber Company Inc
Year over year, total assets pulled back noticeably from $4M at the start of 2022 to $3M at year-end (down 10.2%). Net assets closed at $3M; reported net income -$362K.
2022 asset-move particulars
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$362K |
| Employer EIN | 561043353 |
| Plan Effective Date | 1980-05-01 |
| Filing Status | FILING RECEIVED |
Nearby Money Purchase Plans in North Carolina
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Rankin Timber Company Inc vs. nearby Money Purchase plans in North Carolina, assets vs. participants
- Money Purchase Pension Plan of Wake Forest University Health Sciences $479M · 2,393
- Fhi 360 Employees' Pension Plan $197M · 1,306
- New England Life Insurance Company Agents' Retirement Plan and Trust $95M · N/A
- Carteret County General Hospital Money Purchase Pension Plan $46M · 745
- Goodwill Industries of Northwest North Carolina, Inc Money Purchase Plan $17M · 1,145
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Rankin Timber Company Inc by total assets, not by location.
- Pacific Anesthesia, P.C, Money Purchase Pension Plan and Trust (F.B.O. Deryck Watermeyer, M.D.) (WA) $3M · 1
- Oesterlen Services for Youth Inc. Employees Pension Plan (OH) $3M · 59
- Richard I Spiro Profit Sharing Plan (MA) $3M · 1
- Defined Contribution Pension Plan for Employees of Attic Correctional Services, Inc. (WI) $3M · 127
Frequently Asked Questions
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Next read for Rankin Timber Company Inc
2022 change
Ways to act on Rankin Timber Company Inc's numbers.
- By total assets, Rankin Timber Company Inc ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in North Carolina. Compare plans