401(k) · DOL Form 5500 · 2023

Independent Beverage Company, LLC 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
151
Participants Small participant base
56th
Percentile by assets National rank
$59,991
Avg per participant Low balance/head
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Official DOL plan name: Independent Beverage Company, LLC 401(k) Plan · Sponsored by Independent Beverage Company, LLC · North Carolina · Manufacturing

$9M in assets, 151 participants

Independent Beverage Company, LLC's Independent Beverage Company, LLC 401(k) Plan reported $9M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #7,888 in Manufacturing (18,722 peers)

Coverage in North Carolina

Independent Beverage Company, LLC 401(k) Plan covers 151 participants in North Carolina, about 18% of the average North Carolina filer (state average ~819 per filing). Assets: $9M.

#7,888
in Manufacturing (18,722 peers)
+12.3%
assets growth YoY

Independent Beverage Company, LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Independent Beverage Company, LLC 401(k) Plan vs every filed plan by assets

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

$9,058,697 Top 44% higher than 56% 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

Independent Beverage Company, LLC 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. Independent Beverage Company, LLC 401(k) Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Independent Beverage Company, LLC 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $995K in the plan year 2023 filing.
  • Independent Beverage Company, LLC 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Independent Beverage Company, LLC 401(k) Plan reported participants fell from 159 in the plan year 2022 filing to 151 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 570930956 · Independent Beverage Company, LLC PY 2023 · 401(k)

Independent Beverage Company, LLC 401(k) Plan · $9M · 151 · 56th

  • SCH $9M
  • SCH 151
  • SCH 56th
  • SCH 401(k)
  • SCH near Olgoonik Development Sca 401(k) Plan
  • SCH ind #7888

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 →

Independent Beverage Company, LLC 401(k) Plan in the asset neighbourhood

Independent Beverage Company, LLC 401(k) PlanIndependent Beverage Company…$9MOlgoonik Development Sca 401(k) PlanOlgoonik Development Sca 401…$9MHawthorne Holdings 401(k) PlanHawthorne Holdings 401(k) Pl…$9MPalmer Companies 401(k) Retirement PlanPalmer Companies 401(k) Reti…$9MSouthwest Texas Telephone Company Profit Sharing & Savings PlanSouthwest Texas Telephone Co…$9M
End-of-year total assets ($M) among Independent Beverage Company, LLC 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)$8M
Net Assets (End of Year)$9M
Net Income$995K
Employer EIN570930956
Plan Effective Date1994-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Beverage Company, LLC)

Sponsor-wide plan assets over time

All Independent Beverage Company, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 35.426319319757134% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.06M $10.9M ▲ +35.5%
Year Plans Participants Total Assets
2022 1 159 $8M
2023 1 151 $9M
2024 1 153 $11M

Nearby 401(k) Plans in North Carolina

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

Independent Beverage Company, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Independent Beverage Company, LLC 401(k) Plan, Total assets ($B): 0.009058697 · Participants: 151Independent Beverage Company, LLC 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
Independent Beverage Company, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Independent Beverage Company, LLC 401(k) Plan side-by-side with 3 peers →

Independent Beverage Company, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Olgoonik Development Sca 401(k) Plan in AK ($9M); by covered participants it is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Independent Beverage Company, LLC 401(k) Plan assets move in 2023? ▼
Independent Beverage Company, LLC 401(k) Plan grew at a solid clip - up 12.3% during 2023, from $8M to $9M. Reported net income was $995K.
How have Independent Beverage Company, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independent Beverage Company, LLC's sponsor-wide assets grew 35.4%, from $8M to $11M.
Which 401(k) plans are similar in size to Independent Beverage Company, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Olgoonik Development Sca 401(k) Plan in AK ($9M, 330 participants).
Which 401(k) plans cover a similar participant headcount to Independent Beverage Company, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants, $8M 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 570930956.

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.