401(k) · DOL Form 5500 · 2023

Samet Corporation 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
523
Participants Below avg headcount
81st
Percentile by assets National rank
$64,957
Avg per participant Low balance/head
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Official DOL plan name: Samet Corporation 401(k) Profit Sharing Plan · Sponsored by Samet Corporation · North Carolina · Construction

$34M in assets, 523 participants

Samet Corporation's Samet Corporation 401(k) Profit Sharing Plan reported $34M in total assets and 523 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,153 in Construction (9,030 peers)

Where Samet Corporation 401(k) Profit Sharing Plan sits by assets

Samet Corporation 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $34M for 523 participants (~$64,957/participant), up 35.2% in 2023.

#7,153
in Construction (9,030 peers)
+35.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Samet Corporation 401(k) Profit Sharing Plan's outsized position by total assets

Samet Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$33,972,328 Top 19% higher than 81% 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

Samet Corporation 401(k) 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. Samet Corporation 401(k) Profit Sharing Plan sits mid-pack in the medium band (523 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Samet Corporation 401(k) Profit Sharing Plan reported net income rose from -$940K in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Samet Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Samet Corporation 401(k) Profit Sharing Plan reported participants rose from 446 in the plan year 2022 filing to 523 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 560794883 · Samet Corporation PY 2023 · 401(k)

Samet Corporation 401(k) Profit Sharing Plan · $34M · 523 · 81st

  • SCH $34M
  • EBSA 523
  • PART 81st
  • TYPE 401(k)
  • NET near Senior Resource Group 401(k) Retirement Plan
  • BOOK ind #7153

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 →

Samet Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Samet Corporation 401(k) Profit Sharing PlanSamet Corporation 401(k) Pro…$34MSenior Resource Group 401(k) Retirement PlanSenior Resource Group 401(k)…$34MBridgewater Bank 401(k) Safe Harbor PlanBridgewater Bank 401(k) Safe…$34MInteractions, LLC 401(k) Plan$34MPenn Detroit Diesel Allison, LLC Profit Sharing PlanPenn Detroit Diesel Allison,…$34M
End-of-year total assets ($M) among Samet Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$34M
Net Income$9M
Employer EIN560794883
Plan Effective Date1969-05-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Samet Corporation)

Sponsor-wide plan assets over time

All Samet Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$39M 54.570767099804975% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $25.1M $38.8M ▲ +54.6%
Year Plans Participants Total Assets
2022 1 446 $25M
2023 1 523 $34M
2024 1 576 $39M

Nearby 401(k) Plans in North Carolina

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

Samet Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Samet Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.033972328 · Participants: 523Samet Corporation 401(k) 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
Samet Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Samet Corporation 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Senior Resource Group 401(k) Retirement Plan in CA ($34M); by covered participants it is Frontier Cooperative 401(k) Plan in IA (523 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($34M here).

Similar participant headcount

Nearest other-state filings by covered participants (523 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 Samet Corporation 401(k) Profit Sharing Plan assets move in 2023?
Samet Corporation 401(k) Profit Sharing Plan surged - up 35.2% during 2023, from $25M to $34M. Reported net income was $9M.
How have Samet Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Samet Corporation's sponsor-wide assets grew 54.6%, from $25M to $39M.
Where does Samet Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Samet Corporation 401(k) Profit Sharing Plan ranks in the 81st 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 Samet Corporation 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Senior Resource Group 401(k) Retirement Plan in CA ($34M, 1,870 participants).
Which 401(k) plans cover a similar participant headcount to Samet Corporation 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Frontier Cooperative 401(k) Plan in IA (523 participants, $48M in assets).