401(k) · DOL Form 5500 · 2023

Biesse America, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
166
Participants Small participant base
67th
Percentile by assets National rank
$88,616
Avg per participant Below avg balance/head
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Official DOL plan name: Biesse America, Inc. 401(k) Profit Sharing Plan · Sponsored by Biesse America, Inc. · North Carolina · Wholesale Trade

$15M in assets, 166 participants

Biesse America, Inc.'s Biesse America, Inc. 401(k) Profit Sharing Plan reported $15M in total assets and 166 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #3,858 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Biesse America, Inc. 401(k) Profit Sharing Plan covers 166 participants in North Carolina, about 20% of the average North Carolina filer (state average ~819 per filing). Assets: $15M.

#3,858
in Wholesale Trade (6,309 peers)
+25.7%
assets growth YoY

Biesse America, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Biesse America, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$14,710,200 Top 33% higher than 67% 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

Biesse America, 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. Biesse America, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Biesse America, 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.
  • Biesse America, 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.
  • Biesse America, Inc. 401(k) Profit Sharing Plan reported participants rose from 160 in the plan year 2022 filing to 166 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 581835877 · Biesse America, Inc. PY 2023 · 401(k)

Biesse America, Inc. 401(k) Profit Sharing Plan · $15M · 166 · 67th

  • RANK $15M
  • PHOTO 166
  • IND 67th
  • EOY 401(k)
  • 5500 near L2 Brands 401(k) Plan
  • ASSETS ind #3858

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Biesse America, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Biesse America, Inc. 401(k) Profit Sharing PlanBiesse America, Inc. 401(k) …$15ML2 Brands 401(k) Plan$15MJacobson Holdings, Inc. 401(k) Profit Sharing PlanJacobson Holdings, Inc. 401(…$15MGray Ice 401(k) Plan$15MMotion Picture Industry Pension Plan 401(k) Savings PlanMotion Picture Industry Pens…$15M
End-of-year total assets ($M) among Biesse America, 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 EIN581835877
Plan Effective Date1993-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Biesse America, Inc.)

Sponsor-wide plan assets over time

All Biesse America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 44.32433905980531% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.7M $16.9M ▲ +44.4%
Year Plans Participants Total Assets
2022 1 160 $12M
2023 1 166 $15M
2024 1 165 $17M

Nearby 401(k) Plans in North Carolina

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

Biesse America, 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 ($B) Participants Biesse America, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.0147102 · Participants: 166Biesse America, 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
Biesse America, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Biesse America, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Biesse America, 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 L2 Brands 401(k) Plan in PA ($15M); by covered participants it is California Retina Associates 401(k) Plan in CA (166 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Biesse America, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Biesse America, Inc. 401(k) Profit Sharing Plan grew sharply - up 25.7% during 2023, from $12M to $15M. Reported net income was $3M.
How have Biesse America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Biesse America, Inc.'s sponsor-wide assets grew 44.3%, from $12M to $17M.
Which 401(k) plans are similar in size to Biesse America, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is L2 Brands 401(k) Plan in PA ($15M, 392 participants).
Which 401(k) plans cover a similar participant headcount to Biesse America, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is California Retina Associates 401(k) Plan in CA (166 participants, $362K 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 581835877.

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.