401(k) · DOL Form 5500 · 2023

T.W. Garner Food Company 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
106
Participants Small participant base
75th
Percentile by assets National rank
$210,891
Avg per participant Above avg balance/head
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Official DOL plan name: T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan · Sponsored by T.W. Garner Food Company · North Carolina · Manufacturing

$22M in assets, 106 participants

T.W. Garner Food Company's T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan reported $22M in total assets and 106 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #12,180 in Manufacturing (18,722 peers)

Coverage in North Carolina

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan covers 106 participants in North Carolina, about 13% of the average North Carolina filer (state average ~819 per filing). Assets: $22M.

#12,180
in Manufacturing (18,722 peers)
+15.1%
assets growth YoY
0.2×
vs typical plan assets (national mean)

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan's outsized position by total assets

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan vs every filed plan by assets

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

$22,354,465 Top 25% higher than 75% 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

T.W. Garner Food Company Employees' 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. T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan sits mid-pack in the medium band (106 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan end-of-year assets rose from $19M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan reported participants rose from 100 in the plan year 2022 filing to 106 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 560486957 · T.W. Garner Food Company PY 2023 · 401(k)

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan · $22M · 106 · 75th

  • TYPE $22M
  • TYPE 106
  • TYPE 75th
  • TYPE 401(k)
  • TYPE near First Community Bank 401(k) and Profit Sharing Plan
  • TYPE ind #12180

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 →

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan in the asset neighbourhood

Van Horn Automotive Group 401(k) PlanVan Horn Automotive Group 40…$22MTurning Point Community Programs 401(k) Retirement PlanTurning Point Community Prog…$22MT.W. Garner Food Company Employees' 401(k) Profit Sharing PlanT.W. Garner Food Company Emp…$22MFirst Community Bank 401(k) and Profit Sharing PlanFirst Community Bank 401(k) …$22MMarist High School 401(k) PlanMarist High School 401(k) Pl…$22M
End-of-year total assets ($M) among T.W. Garner Food Company Employees' 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)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN560486957
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (T.W. Garner Food Company)

Sponsor-wide plan assets over time

All T.W. Garner Food Company plans reported in each filing year

Latest sponsor-wide plan assets
$49M 25.219306636061038% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.2M $49M ▲ +25.2%
Year Plans Participants Total Assets
2022 2 175 $39M
2023 2 171 $44M
2024 2 199 $49M

Nearby 401(k) Plans in North Carolina

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

T.W. Garner Food Company Employees' 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 ($B) Participants T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan, Total assets ($B): 0.022354465 · Participants: 106T.W. Garner Food Company Employees' 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
T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan side-by-side with 3 peers →

T.W. Garner Food Company Employees' 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 First Community Bank 401(k) and Profit Sharing Plan in AR ($22M); by covered participants it is Interfolio 401(k) P/S Plan in DC (106 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (106 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 T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan assets move in 2023? ▼
T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan grew sharply - up 15.1% during 2023, from $19M to $22M. Reported net income was $3M.
How have T.W. Garner Food Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), T.W. Garner Food Company's sponsor-wide assets grew 25.2%, from $39M to $49M.
Where does T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan ranks in the 75th 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 T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is First Community Bank 401(k) and Profit Sharing Plan in AR ($22M, 529 participants).
Which 401(k) plans cover a similar participant headcount to T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Interfolio 401(k) P/S Plan in DC (106 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 560486957.

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.