401(k) · DOL Form 5500 · 2023

The Building Center, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
339
Participants Below avg headcount
68th
Percentile by assets National rank
$45,171
Avg per participant Low balance/head
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Official DOL plan name: The Building Center, Inc. 401(k) Profit Sharing Plan · Sponsored by The Building Center, Inc. · North Carolina · Retail Trade

$15M in assets, 339 participants

The Building Center, Inc.'s The Building Center, Inc. 401(k) Profit Sharing Plan reported $15M in total assets and 339 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #6,585 in Retail Trade (8,414 peers)

Coverage in North Carolina

The Building Center, Inc. 401(k) Profit Sharing Plan covers 339 participants in North Carolina, about 41% of the average North Carolina filer (state average ~819 per filing). Assets: $15M.

#6,585
in Retail Trade (8,414 peers)
+23.5%
assets growth YoY

The Building Center, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

The Building Center, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$15,312,848 Top 32% higher than 68% 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

The Building Center, Inc. 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. The Building Center, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (339 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Building Center, Inc. 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Building Center, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • The Building Center, Inc. 401(k) Profit Sharing Plan reported participants rose from 316 in the plan year 2022 filing to 339 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 561165773 · The Building Center, Inc. PY 2023 · 401(k)

The Building Center, Inc. 401(k) Profit Sharing Plan · $15M · 339 · 68th

  • BOY $15M
  • SCH 339
  • EBSA 68th
  • PART 401(k)
  • TYPE near Power Financial Credit Union 401(k) Plan
  • NET ind #6585

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 →

The Building Center, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

The Building Center, Inc. 401(k) Profit Sharing PlanThe Building Center, Inc. 40…$15MPower Financial Credit Union 401(k) PlanPower Financial Credit Union…$15MProspect Waterproofing Co. 401(k) Profit Sharing PlanProspect Waterproofing Co. 4…$15MRetina-Vitreous Surgeons of Central Ny, PC Employees' Profit Sharing PlanRetina-Vitreous Surgeons of …$15MStubhub Inc. 401(k) Plan$15M
End-of-year total assets ($M) among The Building Center, Inc. 401(k) 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)$12M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN561165773
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Building Center, Inc.)

Sponsor-wide plan assets over time

All The Building Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 43.42571085799577% vs 2022
2024 filing year
$10M$12M$14M$16M$18M$20M 202220232024 $12.4M $17.8M ▲ +43.5%
Year Plans Participants Total Assets
2022 1 316 $12M
2023 1 339 $15M
2024 1 364 $18M

Nearby 401(k) Plans in North Carolina

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

The Building Center, Inc. 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 ($B) Participants The Building Center, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.015312848 · Participants: 339The Building Center, Inc. 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
The Building Center, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare The Building Center, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Building Center, Inc. 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 Power Financial Credit Union 401(k) Plan in FL ($15M); by covered participants it is Simply Storage Management , LLC 401(k) Plan in FL (339 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (339 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 The Building Center, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
The Building Center, Inc. 401(k) Profit Sharing Plan grew sharply - up 23.5% during 2023, from $12M to $15M. Reported net income was $3M.
How have The Building Center, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Building Center, Inc.'s sponsor-wide assets grew 43.4%, from $12M to $18M.
Which 401(k) plans are similar in size to The Building Center, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Power Financial Credit Union 401(k) Plan in FL ($15M, 131 participants).
Which 401(k) plans cover a similar participant headcount to The Building Center, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Simply Storage Management , LLC 401(k) Plan in FL (339 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 561165773.

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.