401(k) · DOL Form 5500 · 2023

Barnhill Contracting Company 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
1,020
Participants Near avg headcount
89th
Percentile by assets National rank
$68,360
Avg per participant Below avg balance/head
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Official DOL plan name: Barnhill Contracting Co.Psp · Sponsored by Barnhill Contracting Company · North Carolina · Construction

$70M in assets, 1,020 participants

Barnhill Contracting Company's Barnhill Contracting Co.Psp reported $70M in total assets and 1,020 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,810 in Construction (9,030 peers)

Where Barnhill Contracting Co.Psp sits by assets

Barnhill Contracting Co.Psp sits in the top quartile of all filed plans by assets, $70M for 1,020 participants (~$68,360/participant), up 8.9% in 2023.

#7,810
in Construction (9,030 peers)
+8.9%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Barnhill Contracting Co.Psp's outsized position by total assets

Barnhill Contracting Co.Psp vs every filed plan by assets

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

$69,727,069 Top 11% higher than 89% 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

Barnhill Contracting Co.Psp's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Barnhill Contracting Co.Psp lands in the large band (1,020 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Barnhill Contracting Co.Psp reported net income rose from -$14M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Barnhill Contracting Co.Psp end-of-year assets rose from $64M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Barnhill Contracting Co.Psp reported participants rose from 942 in the plan year 2022 filing to 1,020 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 560512633 · Barnhill Contracting Company PY 2023 · 401(k)

Barnhill Contracting Co.Psp · $70M · 1,020 · 89th

  • NET $70M
  • NET 1,020
  • NET 89th
  • NET 401(k)
  • NET near Insurance Office of America 401(k) Plan
  • NET ind #7810

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 Construction retirement plans → · Plans in North Carolina →

Barnhill Contracting Co.Psp in the asset neighbourhood

Germania Companies Employees Profit Sharing and Savings PlanGermania Companies Employees…$70MMyfuture 401(k) Retirement Savings PlanMyfuture 401(k) Retirement S…$70MBarnhill Contracting Co.Psp$70MInsurance Office of America 401(k) PlanInsurance Office of America …$70MAuction.Com 401(k) Plan$70M
End-of-year total assets ($M) among Barnhill Contracting Co.Psp and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$70M
Net Income$6M
Employer EIN560512633
Plan Effective Date1969-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Barnhill Contracting Company)

Sponsor-wide plan assets over time

All Barnhill Contracting Company plans reported in each filing year

Latest sponsor-wide plan assets
$79M 23.16260063417337% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $64M $78.8M ▲ +23.2%
Year Plans Participants Total Assets
2022 1 942 $64M
2023 1 1,020 $70M
2024 1 1,026 $79M

Nearby 401(k) Plans in North Carolina

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

Barnhill Contracting Co.Psp vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Barnhill Contracting Co.Psp, Total assets ($B): 0.069727069 · Participants: 1020Barnhill Contracting Co.PspThe 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
Barnhill Contracting Co.Psp vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Barnhill Contracting Co.Psp side-by-side with 3 peers →

Barnhill Contracting Co.Psp's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Insurance Office of America 401(k) Plan in FL ($70M); by covered participants it is Hma Group Holdings, LLC 401(k) Plan in IA (1,020 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,020 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 Barnhill Contracting Co.Psp assets move in 2023? ▼
Barnhill Contracting Co.Psp grew at a solid clip - up 8.9% during 2023, from $64M to $70M. Reported net income was $6M.
How have Barnhill Contracting Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Barnhill Contracting Company's sponsor-wide assets grew 23.2%, from $64M to $79M.
Where does Barnhill Contracting Co.Psp rank by assets among Form 5500 filers? ▼
Barnhill Contracting Co.Psp ranks in the 89th 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 Barnhill Contracting Co.Psp? ▼
Among 401(k) plans in other states, the closest by assets is Insurance Office of America 401(k) Plan in FL ($70M, 1,180 participants).
Which 401(k) plans cover a similar participant headcount to Barnhill Contracting Co.Psp? ▼
Among 401(k) plans in other states, the closest by covered participants is Hma Group Holdings, LLC 401(k) Plan in IA (1,020 participants, $210M 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 560512633.

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.