401(k) · DOL Form 5500 · 2023

Warco Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
138
Participants Small participant base
69th
Percentile by assets National rank
$118,533
Avg per participant Near avg balance/head
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Official DOL plan name: Warco Retirement Plan · Sponsored by Warco Construction, Inc. · North Carolina · Construction

$16M in assets, 138 participants

Warco Construction, Inc.'s Warco Retirement Plan reported $16M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,094 in Construction (9,030 peers)

Coverage in North Carolina

Warco Retirement Plan covers 138 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $16M.

#6,094
in Construction (9,030 peers)
+24.8%
assets growth YoY

Warco Retirement Plan's outsized position by total assets

Warco Retirement Plan vs every filed plan by assets

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

$16,357,526 Top 31% higher than 69% 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

Warco Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Warco Retirement Plan sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Warco Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Warco Retirement Plan end-of-year assets rose from $13M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Warco Retirement Plan reported participants fell from 153 in the plan year 2022 filing to 138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 561477783 · Warco Construction, Inc. PY 2023 · 401(k)

Warco Retirement Plan · $16M · 138 · 69th

  • BOY $16M
  • SCH 138
  • EBSA 69th
  • PART 401(k)
  • TYPE near Minnesota Air, Inc. Salary Savings Plan
  • NET ind #6094

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 →

Warco Retirement Plan in the asset neighbourhood

Warco Retirement Plan$16MMinnesota Air, Inc. Salary Savings PlanMinnesota Air, Inc. Salary S…$16MAmc 401(k) Profit Sharing PlanAmc 401(k) Profit Sharing Pl…$16MQuincy Recycle Paper Inc. Employees Savings TrustQuincy Recycle Paper Inc. Em…$16MMagruder Eye Institute 401(k) PlanMagruder Eye Institute 401(k…$16M
End-of-year total assets ($M) among Warco Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN561477783
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Warco Construction, Inc.)

Sponsor-wide plan assets over time

All Warco Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 48.814200928554165% vs 2022
2024 filing year
$12M$14M$16M$18M$20M$22M 202220232024 $13.1M $19.5M ▲ +48.8%
Year Plans Participants Total Assets
2022 1 153 $13M
2023 1 138 $16M
2024 1 144 $20M

Nearby 401(k) Plans in North Carolina

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

Warco Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Warco Retirement Plan, Total assets ($B): 0.016357526 · Participants: 138Warco Retirement 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
Warco Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Warco Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Minnesota Air, Inc. Salary Savings Plan in MN ($16M); by covered participants it is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (138 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 Warco Retirement Plan assets move in 2023?
Warco Retirement Plan grew sharply - up 24.8% during 2023, from $13M to $16M. Reported net income was $3M.
How have Warco Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Warco Construction, Inc.'s sponsor-wide assets grew 48.8%, from $13M to $20M.
Which 401(k) plans are similar in size to Warco Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Minnesota Air, Inc. Salary Savings Plan in MN ($16M, 84 participants).
Which 401(k) plans cover a similar participant headcount to Warco Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants, $28M in assets).