401(k) · DOL Form 5500 · 2023

Bonset America Corporation 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
140
Participants Small participant base
74th
Percentile by assets National rank
$152,760
Avg per participant Above avg balance/head
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Official DOL plan name: Employees Savings Plan of Bonset America Corporation · Sponsored by Bonset America Corporation · North Carolina · Manufacturing

$21M in assets, 140 participants

Bonset America Corporation's Employees Savings Plan of Bonset America Corporation reported $21M in total assets and 140 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,984 in Manufacturing (18,722 peers)

Coverage in North Carolina

Employees Savings Plan of Bonset America Corporation covers 140 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $21M.

#11,984
in Manufacturing (18,722 peers)
+7.5%
assets growth YoY

Employees Savings Plan of Bonset America Corporation's outsized position by total assets

Employees Savings Plan of Bonset America Corporation vs every filed plan by assets

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

$21,386,377 Top 26% higher than 74% 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

Employees Savings Plan of Bonset America Corporation 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. Employees Savings Plan of Bonset America Corporation sits mid-pack in the medium band (140 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employees Savings Plan of Bonset America Corporation reported net income rose from -$4M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Employees Savings Plan of Bonset America Corporation end-of-year assets rose from $20M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Employees Savings Plan of Bonset America Corporation reported participants fell from 143 in the plan year 2022 filing to 140 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561645992 · Bonset America Corporation PY 2023 · 401(k)

Employees Savings Plan of Bonset America Corporation · $21M · 140 · 74th

  • IND $21M
  • IND 140
  • IND 74th
  • IND 401(k)
  • IND near Mcmillan Electric Company Salary Savings Plan
  • IND ind #11984

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 →

Employees Savings Plan of Bonset America Corporation in the asset neighbourhood

Employees Savings Plan of Bonset America CorporationEmployees Savings Plan of Bo…$21MMcmillan Electric Company Salary Savings PlanMcmillan Electric Company Sa…$21MMedical Benefits Administrators, Inc. Profit Sharing PlanMedical Benefits Administrat…$21MGlenmark Pharmaceuticals, Inc. 401(k) PlanGlenmark Pharmaceuticals, In…$21MAvcon, Inc. 401(k) Retirement PlanAvcon, Inc. 401(k) Retiremen…$21M
End-of-year total assets ($M) among Employees Savings Plan of Bonset America Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$21M
Net Income$1M
Employer EIN561645992
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bonset America Corporation)

Sponsor-wide plan assets over time

All Bonset America Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$22M 10.219307839160582% vs 2022
2024 filing year
$19M$20M$21M$22M$23M 202220232024 $19.9M $21.9M ▲ +10.2%
Year Plans Participants Total Assets
2022 1 143 $20M
2023 1 140 $21M
2024 1 122 $22M

Nearby 401(k) Plans in North Carolina

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

Employees Savings Plan of Bonset America Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Employees Savings Plan of Bonset America Corporation, Total assets ($B): 0.021386377 · Participants: 140Employees Savings Plan of Bonset America CorporationThe 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
Employees Savings Plan of Bonset America Corporation vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Employees Savings Plan of Bonset America Corporation side-by-side with 3 peers →

Employees Savings Plan of Bonset America Corporation's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Mcmillan Electric Company Salary Savings Plan in WI ($21M); by covered participants it is Pds 401(k) Plan for Corporate Staff Employees in TX (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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 Employees Savings Plan of Bonset America Corporation assets move in 2023? ▼
Employees Savings Plan of Bonset America Corporation grew at a solid clip - up 7.5% during 2023, from $20M to $21M. Reported net income was $1M.
How have Bonset America Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bonset America Corporation's sponsor-wide assets grew 10.2%, from $20M to $22M.
Which 401(k) plans are similar in size to Employees Savings Plan of Bonset America Corporation? ▼
Among 401(k) plans in other states, the closest by assets is Mcmillan Electric Company Salary Savings Plan in WI ($21M, 223 participants).
Which 401(k) plans cover a similar participant headcount to Employees Savings Plan of Bonset America Corporation? ▼
Among 401(k) plans in other states, the closest by covered participants is Pds 401(k) Plan for Corporate Staff Employees in TX (140 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 561645992.

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.