401(k) · DOL Form 5500 · 2023

Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
24
Participants Small participant base
50th
Percentile by assets National rank
$284,857
Avg per participant High balance/head
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Official DOL plan name: Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust · Sponsored by Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. · North Carolina · Professional & Technical Services

$7M in assets, 24 participants

Gray, Layton , Kersh, Solomon, Furr & Smith, P.a.'s Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust reported $7M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #9,939 in Professional & Technical Services (20,321 peers)

What the 2023 filing shows

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust holds $7M for 24 participants - about $284,857 per participant, above the median plan by assets.

#9,939
in Professional & Technical Services (20,321 peers)
-7.7%
assets change YoY

The plan reported a net loss of $567K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Professional & Technical Services and all filers

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,836,567 Top 50% higher than 50% of 127,068 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 2023

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to -$567K in the plan year 2023 filing.
  • Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust end-of-year assets fell from $7M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust reported participants fell from 25 in the plan year 2022 filing to 24 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 561744631 · Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. PY 2023 · 401(k)

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust · $7M · 24 · 50th

  • EIN $7M
  • RANK 24
  • PHOTO 50th
  • IND 401(k)
  • EOY near Odw Lts, LLC 401(k) Plan
  • 5500 ind #9939

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 →

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and TrustGray, Layton, Kersh, Solomon…$7MOdw Lts, LLC 401(k) Plan$7MWhitmor, Inc. Employees' Profit Sharing PlanWhitmor, Inc. Employees' Pro…$7MProducers Cooperative Association Profit Sharing 401(k) PlanProducers Cooperative Associ…$7MT.W. Consultants, Inc. 401(k) PlanT.W. Consultants, Inc. 401(k…$7M
End-of-year total assets ($M) among Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income-$567K
Employer EIN561744631
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gray, Layton , Kersh, Solomon, Furr & Smith, P.a.)

Sponsor-wide plan assets over time

All Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 0.22669271230813243% vs 2022
2024 filing year
$6.6M$6.8M$7M$7.2M$7.4M$7.6M 202220232024 $7.4M $7.42M ▲ +0.3%
Year Plans Participants Total Assets
2022 1 25 $7M
2023 1 24 $7M
2024 1 25 $7M

Nearby 401(k) Plans in North Carolina

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

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.006836567 · Participants: 24Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and TrustThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Odw Lts, LLC 401(k) Plan in OH ($7M); by covered participants it is Hopereid, Inc. Retirement Plan in PA (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust assets move in 2023?
Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust pulled back noticeably - down 7.7% during 2023, from $7M to $7M. Reported net income was -$567K.
How have Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gray, Layton , Kersh, Solomon, Furr & Smith, P.a.'s sponsor-wide assets grew 0.2%, from $7M to $7M.
Which 401(k) plans are similar in size to Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Odw Lts, LLC 401(k) Plan in OH ($7M, 118 participants).
Which 401(k) plans cover a similar participant headcount to Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Hopereid, Inc. Retirement Plan in PA (24 participants, $433K in assets).