401(k) · DOL Form 5500 · 2023

Kontoor Brands, Inc. 401(k) Plan

Data updated 2026-08-25

$257M
Total assets Near avg plan size
2,773
Participants Above avg headcount
96th
Percentile by assets National rank
$92,786
Avg per participant Below avg balance/head
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Official DOL plan name: Kontoor Brands 401(k) Savings Plan · Sponsored by Kontoor Brands, Inc. · North Carolina · Manufacturing

$257M in assets, 2,773 participants

Kontoor Brands, Inc.'s Kontoor Brands 401(k) Savings Plan reported $257M in total assets and 2,773 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,437 in Manufacturing (18,722 peers)

Coverage in North Carolina

Kontoor Brands 401(k) Savings Plan covers 2,773 participants in North Carolina, 3.4x the typical North Carolina plan (state average ~819 per filing). Assets: $257M.

#17,437
in Manufacturing (18,722 peers)
+17.0%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Kontoor Brands 401(k) Savings Plan's outsized position by total assets

Kontoor Brands 401(k) Savings Plan vs every filed plan by assets

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

$257,294,357 Top 4% higher than 96% 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

Kontoor Brands 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kontoor Brands 401(k) Savings Plan lands in the large band (2,773 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kontoor Brands 401(k) Savings Plan reported net income rose from -$44M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Kontoor Brands 401(k) Savings Plan end-of-year assets rose from $220M in the plan year 2022 filing to $257M in the plan year 2023 filing.
  • Kontoor Brands 401(k) Savings Plan reported participants rose from 2,694 in the plan year 2022 filing to 2,773 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 832680248 · Kontoor Brands, Inc. PY 2023 · 401(k)

Kontoor Brands 401(k) Savings Plan · $257M · 2,773 · 96th

  • SCH $257M
  • SCH 2,773
  • SCH 96th
  • SCH 401(k)
  • SCH near Life Fitness, LLC 401(k) Savings Plan
  • SCH ind #17437

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 →

Kontoor Brands 401(k) Savings Plan in the asset neighbourhood

Red Lobster 401(k) Plan$257MEmergency Physicians Professional Association Profit Sharing 401(k) PlanEmergency Physicians Profess…$257MKontoor Brands 401(k) Savings PlanKontoor Brands 401(k) Saving…$257MLife Fitness, LLC 401(k) Savings PlanLife Fitness, LLC 401(k) Sav…$257MLewis Brisbois Bisgaard & Smith LLP Employees 401(k) PlanLewis Brisbois Bisgaard & Sm…$257M
End-of-year total assets ($M) among Kontoor Brands 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$220M
Net Assets (End of Year)$257M
Net Income$37M
Employer EIN832680248
Plan Effective Date2019-05-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Kontoor Brands, Inc.)

Sponsor-wide plan assets over time

All Kontoor Brands, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$291M 32.13691674954063% vs 2022
2024 filing year
$200M$250M$300M 202220232024 $220M $291M ▲ +32.1%
Year Plans Participants Total Assets
2022 1 2,694 $220M
2023 1 2,773 $257M
2024 1 2,718 $291M

Nearby 401(k) Plans in North Carolina

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

Kontoor Brands 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Kontoor Brands 401(k) Savings Plan, Total assets ($B): 0.257294357 · Participants: 2773Kontoor Brands 401(k) Savings 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
Kontoor Brands 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Kontoor Brands 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Life Fitness, LLC 401(k) Savings Plan in IL ($257M); by covered participants it is Ropes & Gray LLP Retirement Savings Plan in MA (2,773 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,773 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 Kontoor Brands 401(k) Savings Plan assets move in 2023?
Kontoor Brands 401(k) Savings Plan grew sharply - up 17.0% during 2023, from $220M to $257M. Reported net income was $37M.
How have Kontoor Brands, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kontoor Brands, Inc.'s sponsor-wide assets grew 32.1%, from $220M to $291M.
Where does Kontoor Brands 401(k) Savings Plan rank by assets among Form 5500 filers?
Kontoor Brands 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Kontoor Brands 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Life Fitness, LLC 401(k) Savings Plan in IL ($257M, 1,305 participants).
Which 401(k) plans cover a similar participant headcount to Kontoor Brands 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Ropes & Gray LLP Retirement Savings Plan in MA (2,773 participants, $1.2B in assets).