401(k) · DOL Form 5500 · 2023

Lotus Handyman Inc. 401(k) Plan

Data updated 2026-08-25

$588K
Total assets Small plan by assets
N/A
Participants Small participant base
19th
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lotus Handyman Inc. 401(k) Plan · Sponsored by Lotus Handyman Inc. · North Carolina · Retail Trade

$588K in assets, N/A participants

Lotus Handyman Inc.'s Lotus Handyman Inc. 401(k) Plan reported $588K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #2,558 in Retail Trade (8,414 peers)

Lotus Handyman Inc. multi-year trail

Lotus Handyman Inc.'s plans moved -19.7% in assets from 2022 to 2024; this filing shows Lotus Handyman Inc. 401(k) Plan at $588K / N/A participants.

#2,558
in Retail Trade (8,414 peers)
+8.0%
assets growth YoY

Lotus Handyman Inc. 401(k) Plan among the smaller filed plans by assets

Lotus Handyman Inc. 401(k) Plan vs every filed plan by assets

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

$588,186 19th percentile higher than 19% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lotus Handyman Inc. 401(k) Plan reported net income fell from $544K in the plan year 2022 filing to $44K in the plan year 2023 filing.
  • Lotus Handyman Inc. 401(k) Plan end-of-year assets rose from $544K in the plan year 2022 filing to $588K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 882078167 · Lotus Handyman Inc. PY 2023 · 401(k)

Lotus Handyman Inc. 401(k) Plan · $588K · N/A · 19th

  • BOY $588K
  • BOY N/A
  • BOY 19th
  • BOY 401(k)
  • BOY near Sterrx, LLC Employee Savings Plan and Trust
  • BOY ind #2558

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 Retail Trade retirement plans → · Plans in North Carolina →

Lotus Handyman Inc. 401(k) Plan in the asset neighbourhood

Lotus Handyman Inc. 401(k) PlanLotus Handyman Inc. 401(k) P…$588KSterrx, LLC Employee Savings Plan and TrustSterrx, LLC Employee Savings…$588KLarrann, Inc. 401(k) Plan$588KLisbon Dentistry, PC Eqrp Retirement Plan & TrustLisbon Dentistry, PC Eqrp Re…$588KSteel City Emergency Vets 401(k) PlanSteel City Emergency Vets 40…$588K
End-of-year total assets ($M) among Lotus Handyman Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Lotus Handyman Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Lotus Handyman Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$437K 19.726702780548468% vs 2022
2024 filing year
$0.4M$0.45M$0.5M$0.55M$0.6M$0.65M 202220232024 $0.54M $0.44M ▼ -18.5%
Year Plans Participants Total Assets
2022 1 N/A $544K
2023 1 N/A $588K
2024 1 2 $437K

Lotus Handyman Inc. filing trail (2023)

Total Assets (Beginning of Year)$544K
Net Assets (End of Year)$588K
Net Income$44K
Employer EIN882078167
Plan Effective Date2022-04-29
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Lotus Handyman 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 ($B) Participants Lotus Handyman Inc. 401(k) Plan, Total assets ($B): 0.000588186 · Participants: 0Lotus Handyman 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
Lotus Handyman Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Lotus Handyman Inc. 401(k) Plan's closest out-of-state 401(k) peers by assets

Outside North Carolina, the nearest 401(k) by end-of-year assets is Sterrx, LLC Employee Savings Plan and Trust in IL at $588K (this filing: $588K).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($588K here).

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 Lotus Handyman Inc. 401(k) Plan assets move in 2023?
Lotus Handyman Inc. 401(k) Plan grew at a solid clip - up 8.0% during 2023, from $544K to $588K. Reported net income was $44K.
How have Lotus Handyman Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lotus Handyman Inc.'s sponsor-wide assets declined 19.7%, from $544K to $437K.
Where does Lotus Handyman Inc. 401(k) Plan rank by assets among Form 5500 filers?
Lotus Handyman Inc. 401(k) Plan ranks in the 19th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Lotus Handyman Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sterrx, LLC Employee Savings Plan and Trust in IL ($588K, 126 participants).