401(k) · DOL Form 5500 · 2022

Davis Furniture Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
243
Participants Below avg headcount
53rd
Percentile by assets National rank
$23,597
Avg per participant Low balance/head
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Official DOL plan name: Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust · Sponsored by Davis Furniture Industries, Inc. · North Carolina · Manufacturing

$6M in assets, 243 participants

Davis Furniture Industries, Inc.'s Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust reported $6M in total assets and 243 participants in its 2022 DOL Form 5500 filing, ranking in the 53rd 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.

  • #7,760 in Manufacturing (20,602 peers)

Coverage in North Carolina

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust covers 243 participants in North Carolina, about 30% of the average North Carolina filer (state average ~819 per filing). Assets: $6M.

#7,760
in Manufacturing (20,602 peers)
+6.7%
assets growth YoY

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs every filed plan by assets

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

$5,734,059 Top 47% higher than 53% 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

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust 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. Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust sits mid-pack in the medium band (243 participants).

Form 5500 schedule snapshot

Filing strip 560591838 · Davis Furniture Industries, Inc. PY 2022 · 401(k)

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust · $6M · 243 · 53rd

  • EIN $6M
  • EIN 243
  • EIN 53rd
  • EIN 401(k)
  • EIN near Lester, Miller & Wells 401(k) Plan
  • EIN ind #7760

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 →

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust in the asset neighbourhood

Davis Furniture Industries, Inc. Employees' 401(k) Plan and TrustDavis Furniture Industries, …$6MLester, Miller & Wells 401(k) PlanLester, Miller & Wells 401(k…$6MAbsci Corporation 401(k) Plan$6MTrusted, Inc. 401(k) Plan$6MKm Builders 401(k) Plan$6M
End-of-year total assets ($M) among Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$361K
Employer EIN560591838
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Davis Furniture Industries, Inc.)

Sponsor-wide plan assets over time

All Davis Furniture Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 24.716359100630573% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $16.4M $20.5M ▲ +24.8%
Year Plans Participants Total Assets
2022 2 501 $16M
2023 2 566 $19M
2024 2 597 $21M

Nearby 401(k) Plans in North Carolina

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

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust, Total assets ($B): 0.005734059 · Participants: 243Davis Furniture Industries, Inc. Employees' 401(k) Plan and TrustThe 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
Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Lester, Miller & Wells 401(k) Plan in LA ($6M); by covered participants it is Allied Wire & Cable, Inc. 401(k) Profit Sharing Plan in PA (243 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (243 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 Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust assets move in 2022?
Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust grew at a solid clip - up 6.7% during 2022, from $5M to $6M. Reported net income was $361K.
How have Davis Furniture Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Davis Furniture Industries, Inc.'s sponsor-wide assets grew 24.7%, from $16M to $21M.
Which 401(k) plans are similar in size to Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Lester, Miller & Wells 401(k) Plan in LA ($6M, 17 participants).
Which 401(k) plans cover a similar participant headcount to Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Allied Wire & Cable, Inc. 401(k) Profit Sharing Plan in PA (243 participants, N/A in assets).