401(k) · DOL Form 5500 · 2023

B.V. Hedrick Gravel and Sand Company 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
127
Participants Small participant base
63rd
Percentile by assets National rank
$94,243
Avg per participant Below avg balance/head
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Official DOL plan name: B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan · Sponsored by B.V. Hedrick Gravel and Sand Company · North Carolina · Mining & Oil Extraction

$12M in assets, 127 participants

B.V. Hedrick Gravel and Sand Company's B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan reported $12M in total assets and 127 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #334 in Mining & Oil Extraction (811 peers)

Coverage in North Carolina

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan covers 127 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $12M.

#334
in Mining & Oil Extraction (811 peers)
+24.5%
assets growth YoY

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan's mid-pack asset rank among Mining & Oil Extraction and all filers

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan vs every filed plan by assets

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

$11,968,880 Top 37% higher than 63% 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

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing 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. B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan sits mid-pack in the medium band (127 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan reported net income rose from -$552K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan reported participants rose from 120 in the plan year 2022 filing to 127 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 560257665 · B.V. Hedrick Gravel and Sand Company PY 2023 · 401(k)

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan · $12M · 127 · 63rd

  • PCT $12M
  • EIN 127
  • RANK 63rd
  • PHOTO 401(k)
  • IND near Next Jump, Inc. 401(k)
  • EOY ind #334

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 Mining & Oil Extraction retirement plans → · Plans in North Carolina →

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan in the asset neighbourhood

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing PlanB.V. Hedrick Gravel and Sand…$12MNext Jump, Inc. 401(k)$12MJlb Corporation 401(k) Profit Sharing PlanJlb Corporation 401(k) Profi…$12MDallas Country Club 401(k) Profit Sharing Plan & TDallas Country Club 401(k) P…$12MRegenesis Bioremediation Products 401(k) Profit Sharing Plan & TrustRegenesis Bioremediation Pro…$12M
End-of-year total assets ($M) among B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN560257665
Plan Effective Date1973-08-08
Filing StatusFILING RECEIVED

Sponsor Plan History (B.V. Hedrick Gravel and Sand Company)

Sponsor-wide plan assets over time

All B.V. Hedrick Gravel and Sand Company plans reported in each filing year

Latest sponsor-wide plan assets
$15M 56.42159304440422% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.62M $15M ▲ +56.3%
Year Plans Participants Total Assets
2022 1 120 $10M
2023 1 127 $12M
2024 1 140 $15M

Nearby 401(k) Plans in North Carolina

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

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan, Total assets ($B): 0.01196888 · Participants: 127B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing 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
B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan side-by-side with 3 peers →

B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Next Jump, Inc. 401(k) in NY ($12M); by covered participants it is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (127 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 B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan assets move in 2023? ▼
B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan grew sharply - up 24.5% during 2023, from $10M to $12M. Reported net income was $2M.
How have B.V. Hedrick Gravel and Sand Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), B.V. Hedrick Gravel and Sand Company's sponsor-wide assets grew 56.4%, from $10M to $15M.
Which 401(k) plans are similar in size to B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Next Jump, Inc. 401(k) in NY ($12M, 32 participants).
Which 401(k) plans cover a similar participant headcount to B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (127 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560257665.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.