401(k) · DOL Form 5500 · 2023

Ingles Markets, Incorporated 401(k) Plan

Data updated 2026-08-25

$182M
Total assets Near avg plan size
16,715
Participants Very large workforce
94th
Percentile by assets National rank
$10,884
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ingles Markets, Incorporated Investment/ Profit Sharing Plan · Sponsored by Ingles Markets, Incorporated · North Carolina · Retail Trade

$182M in assets, 16,715 participants

Ingles Markets, Incorporated's Ingles Markets, Incorporated Investment/ Profit Sharing Plan reported $182M in total assets and 16,715 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,146 in Retail Trade (8,414 peers)

Coverage in North Carolina

Ingles Markets, Incorporated Investment/ Profit Sharing Plan covers 16,715 participants in North Carolina, 20x the typical North Carolina plan (state average ~819 per filing). Assets: $182M.

#8,146
in Retail Trade (8,414 peers)
+12.7%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Ingles Markets, Incorporated Investment/ Profit Sharing Plan's outsized position by total assets

Ingles Markets, Incorporated Investment/ Profit Sharing Plan vs every filed plan by assets

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

$181,927,652 Top 6% higher than 94% 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

Ingles Markets, Incorporated Investment/ Profit Sharing Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ingles Markets, Incorporated Investment/ Profit Sharing Plan is a mega filing (16,715 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ingles Markets, Incorporated Investment/ Profit Sharing Plan reported net income rose from -$21M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Ingles Markets, Incorporated Investment/ Profit Sharing Plan reported participants rose from 13,895 in the plan year 2022 filing to 16,715 in the plan year 2023 filing.
  • Ingles Markets, Incorporated Investment/ Profit Sharing Plan end-of-year assets rose from $161M in the plan year 2022 filing to $182M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 560846267 · Ingles Markets, Incorporated PY 2023 · 401(k)

Ingles Markets, Incorporated Investment/ Profit Sharing Plan · $182M · 16,715 · 94th

  • 5500 $182M
  • ASSETS 16,715
  • PCT 94th
  • EIN 401(k)
  • RANK near Central California Faculty Medical Group, Inc. 401(k) Profit Sharing Plan
  • PHOTO ind #8146

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 →

Ingles Markets, Incorporated Investment/ Profit Sharing Plan in the asset neighbourhood

Mozilla Corporation 401(k) PlanMozilla Corporation 401(k) P…$182MCentral California Faculty Medical Group, Inc. 401(k) Profit Sharing PlanCentral California Faculty M…$182MIngles Markets, Incorporated Investment/ Profit Sharing PlanIngles Markets, Incorporated…$182MHeidelberg Materials US Employee Savings PlanHeidelberg Materials US Empl…$182MDuracell Retirement & Savings PlanDuracell Retirement & Saving…$182M
End-of-year total assets ($M) among Ingles Markets, Incorporated Investment/ 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)$161M
Net Assets (End of Year)$182M
Net Income$21M
Employer EIN560846267
Plan Effective Date1972-09-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Ingles Markets, Incorporated)

Sponsor-wide plan assets over time

All Ingles Markets, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$197M 21.92531057580646% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $161M $197M ▲ +21.9%
Year Plans Participants Total Assets
2022 1 13,895 $161M
2023 1 16,715 $182M
2024 1 17,509 $197M

Nearby 401(k) Plans in North Carolina

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

Ingles Markets, Incorporated Investment/ Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -200204060 Total assets ($B) Participants Ingles Markets, Incorporated Investment/ Profit Sharing Plan, Total assets ($B): 0.181927652 · Participants: 16715Ingles Markets, Incorporated Investment/ 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
Ingles Markets, Incorporated Investment/ Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Ingles Markets, Incorporated Investment/ Profit Sharing Plan side-by-side with 3 peers →

Scale composition for Ingles Markets, Incorporated Investment/ Profit Sharing Plan

Ingles Markets, Incorporated Investment/ Profit Sharing Plan reports $182M in end-of-year assets across 16,715 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $10,884 per participant (8% of the national average assets-per-participant) . Net income for plan year 2023 was $21M.

This plan identity (EIN 560846267, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $161M to $197M (+21.9%) while covered participants moved from 13,895 to 17,509 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,895 $161M Open filing
2023 16,715 $182M This page
2024 · index core 17,509 $197M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Ingles Markets, Incorporated Investment/ Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Central California Faculty Medical Group, Inc. 401(k) Profit Sharing Plan in CA ($182M); by covered participants it is Schlumberger Technology Corporation Savings and Profit Sharing Plan in TX (16,701 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16,715 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 Ingles Markets, Incorporated Investment/ Profit Sharing Plan assets move in 2023? ▼
Ingles Markets, Incorporated Investment/ Profit Sharing Plan grew at a solid clip - up 12.7% during 2023, from $161M to $182M. Reported net income was $21M.
How have Ingles Markets, Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ingles Markets, Incorporated's sponsor-wide assets grew 21.9%, from $161M to $197M.
Where does Ingles Markets, Incorporated Investment/ Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Ingles Markets, Incorporated Investment/ Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ingles Markets, Incorporated Investment/ Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Central California Faculty Medical Group, Inc. 401(k) Profit Sharing Plan in CA ($182M, 601 participants).
Which 401(k) plans cover a similar participant headcount to Ingles Markets, Incorporated Investment/ Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Schlumberger Technology Corporation Savings and Profit Sharing Plan in TX (16,701 participants, $6.8B 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 560846267.

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.