401(k) · DOL Form 5500 · 2023

Blum, Inc. 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
381
Participants Below avg headcount
85th
Percentile by assets National rank
$119,886
Avg per participant Near avg balance/head
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Official DOL plan name: Blum, Inc. Employees 401(k) Plan · Sponsored by Blum, Inc. · North Carolina · Manufacturing

$46M in assets, 381 participants

Blum, Inc.'s Blum, Inc. Employees 401(k) Plan reported $46M in total assets and 381 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,569 in Manufacturing (18,722 peers)

Coverage in North Carolina

Blum, Inc. Employees 401(k) Plan covers 381 participants in North Carolina, about 47% of the average North Carolina filer (state average ~819 per filing). Assets: $46M.

#14,569
in Manufacturing (18,722 peers)
+21.0%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Blum, Inc. Employees 401(k) Plan's outsized position by total assets

Blum, Inc. Employees 401(k) Plan vs every filed plan by assets

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

$45,676,478 Top 15% higher than 85% 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

Blum, Inc. Employees 401(k) 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. Blum, Inc. Employees 401(k) Plan sits mid-pack in the medium band (381 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blum, Inc. Employees 401(k) Plan reported net income rose from -$10M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Blum, Inc. Employees 401(k) Plan end-of-year assets rose from $38M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Blum, Inc. Employees 401(k) Plan reported participants fell from 386 in the plan year 2022 filing to 381 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561155595 · Blum, Inc. PY 2023 · 401(k)

Blum, Inc. Employees 401(k) Plan · $46M · 381 · 85th

  • BOY $46M
  • BOY 381
  • BOY 85th
  • BOY 401(k)
  • BOY near Chatsworth Products, Inc. Retirement Savings Plan
  • BOY ind #14569

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 →

Blum, Inc. Employees 401(k) Plan in the asset neighbourhood

Blum, Inc. Employees 401(k) PlanBlum, Inc. Employees 401(k) …$46MChatsworth Products, Inc. Retirement Savings PlanChatsworth Products, Inc. Re…$46MGrossenburg Implement, Inc. Retirement Savings PlanGrossenburg Implement, Inc. …$46MThe Tranzonic Companies Salary Savings and Profit Sharing PlanThe Tranzonic Companies Sala…$46MUnitus Community Credit Union 401(k) PlanUnitus Community Credit Unio…$46M
End-of-year total assets ($M) among Blum, Inc. Employees 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$46M
Net Income$8M
Employer EIN561155595
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blum, Inc.)

Sponsor-wide plan assets over time

All Blum, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$54M 43.888546532602376% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $37.8M $54.3M ▲ +43.9%
Year Plans Participants Total Assets
2022 1 386 $38M
2023 1 381 $46M
2024 1 402 $54M

Nearby 401(k) Plans in North Carolina

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

Blum, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Blum, Inc. Employees 401(k) Plan, Total assets ($B): 0.045676478 · Participants: 381Blum, Inc. Employees 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
Blum, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Blum, Inc. Employees 401(k) Plan side-by-side with 3 peers →

Blum, Inc. Employees 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Chatsworth Products, Inc. Retirement Savings Plan in CA ($46M); by covered participants it is Feeding America 401(k) Plan in IL (381 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (381 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 Blum, Inc. Employees 401(k) Plan assets move in 2023? ▼
Blum, Inc. Employees 401(k) Plan grew sharply - up 21.0% during 2023, from $38M to $46M. Reported net income was $8M.
How have Blum, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blum, Inc.'s sponsor-wide assets grew 43.9%, from $38M to $54M.
Where does Blum, Inc. Employees 401(k) Plan rank by assets among Form 5500 filers? ▼
Blum, Inc. Employees 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Blum, Inc. Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chatsworth Products, Inc. Retirement Savings Plan in CA ($46M, 512 participants).
Which 401(k) plans cover a similar participant headcount to Blum, Inc. Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Feeding America 401(k) Plan in IL (381 participants, $64M 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 561155595.

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.