401(k) · DOL Form 5500 · 2023

Carolina Fiber Communications, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
11
Participants Small participant base
32nd
Percentile by assets National rank
$211,122
Avg per participant Above avg balance/head
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Official DOL plan name: Carolina Fiber Communications, Inc. 401(k) Plan · Sponsored by Carolina Fiber Communications, Inc. · North Carolina · Construction

$2M in assets, 11 participants

Carolina Fiber Communications, Inc.'s Carolina Fiber Communications, Inc. 401(k) Plan reported $2M in total assets and 11 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.

  • #2,709 in Construction (9,030 peers)

Carolina Fiber Communications, Inc. multi-year trail

Carolina Fiber Communications, Inc.'s plans moved +44.7% in assets from 2022 to 2024; this filing shows Carolina Fiber Communications, Inc. 401(k) Plan at $2M / 11 participants.

#2,709
in Construction (9,030 peers)
+28.5%
assets growth YoY

Carolina Fiber Communications, Inc. 401(k) Plan among the smaller filed plans by assets

Carolina Fiber Communications, Inc. 401(k) Plan vs every filed plan by assets

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

$2,322,342 32nd percentile higher than 32% 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

Carolina Fiber Communications, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carolina Fiber Communications, Inc. 401(k) Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carolina Fiber Communications, Inc. 401(k) Plan reported net income rose from -$186K in the plan year 2022 filing to $515K in the plan year 2023 filing.
  • Carolina Fiber Communications, Inc. 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Carolina Fiber Communications, Inc. 401(k) Plan reported participants fell from 13 in the plan year 2022 filing to 11 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 561890605 · Carolina Fiber Communications, Inc. PY 2023 · 401(k)

Carolina Fiber Communications, Inc. 401(k) Plan · $2M · 11 · 32nd

  • PART $2M
  • TYPE 11
  • NET 32nd
  • BOOK 401(k)
  • VS-ST near Heinen Brothers Agra Service 401(k) Plan
  • BOY ind #2709

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 →

Carolina Fiber Communications, Inc. 401(k) Plan in the asset neighbourhood

Carolina Fiber Communications, Inc. 401(k) PlanCarolina Fiber Communication…$2MHeinen Brothers Agra Service 401(k) PlanHeinen Brothers Agra Service…$2MMetasystems, Inc. 401(k) Profit Sharing PlanMetasystems, Inc. 401(k) Pro…$2MXtel Communications 401(k) Profit Sharing Plan & TrustXtel Communications 401(k) P…$2MNew York Ama Communication Services, Inc. 401(k) Profit Sharing PlanNew York Ama Communication S…$2M
End-of-year total assets ($M) among Carolina Fiber Communications, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Carolina Fiber Communications, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Carolina Fiber Communications, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 44.71140040202929% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.81M $2.62M ▲ +44.8%
Year Plans Participants Total Assets
2022 1 13 $2M
2023 1 11 $2M
2024 1 9 $3M

Carolina Fiber Communications, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$515K
Employer EIN561890605
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Carolina Fiber Communications, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Carolina Fiber Communications, Inc. 401(k) Plan, Total assets ($B): 0.002322342 · Participants: 11Carolina Fiber Communications, Inc. 401(k) PlanThe 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
Carolina Fiber Communications, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Carolina Fiber Communications, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Heinen Brothers Agra Service 401(k) Plan in KS ($2M); by covered participants it is True Colors International, Inc. Retirement Plan in CA (11 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Carolina Fiber Communications, Inc. 401(k) Plan assets move in 2023?
Carolina Fiber Communications, Inc. 401(k) Plan grew sharply - up 28.5% during 2023, from $2M to $2M. Reported net income was $515K.
How have Carolina Fiber Communications, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Carolina Fiber Communications, Inc.'s sponsor-wide assets grew 44.7%, from $2M to $3M.
Which 401(k) plans are similar in size to Carolina Fiber Communications, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Heinen Brothers Agra Service 401(k) Plan in KS ($2M, 109 participants).
Which 401(k) plans cover a similar participant headcount to Carolina Fiber Communications, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is True Colors International, Inc. Retirement Plan in CA (11 participants, $863K in assets).