401(k) · DOL Form 5500 · 2023

K-Flex USA LLC 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
209
Participants Below avg headcount
55th
Percentile by assets National rank
$40,671
Avg per participant Low balance/head
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Official DOL plan name: K-Flex USA 401(k) Retirement Savings Plan · Sponsored by K-Flex USA LLC · North Carolina · Manufacturing

$9M in assets, 209 participants

K-Flex USA LLC's K-Flex USA 401(k) Retirement Savings Plan reported $9M in total assets and 209 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,580 in Manufacturing (18,722 peers)

Coverage in North Carolina

K-Flex USA 401(k) Retirement Savings Plan covers 209 participants in North Carolina, about 26% of the average North Carolina filer (state average ~819 per filing). Assets: $9M.

#7,580
in Manufacturing (18,722 peers)
+9.9%
assets growth YoY

K-Flex USA 401(k) Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

K-Flex USA 401(k) Retirement Savings Plan vs every filed plan by assets

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

$8,500,308 Top 45% higher than 55% 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

K-Flex USA 401(k) Retirement Savings 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. K-Flex USA 401(k) Retirement Savings Plan sits mid-pack in the medium band (209 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • K-Flex USA 401(k) Retirement Savings Plan reported net income rose from -$978K in the plan year 2022 filing to $762K in the plan year 2023 filing.
  • K-Flex USA 401(k) Retirement Savings Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • K-Flex USA 401(k) Retirement Savings Plan reported participants rose from 205 in the plan year 2022 filing to 209 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 562249271 · K-Flex USA LLC PY 2023 · 401(k)

K-Flex USA 401(k) Retirement Savings Plan · $9M · 209 · 55th

  • BOY $9M
  • SCH 209
  • EBSA 55th
  • PART 401(k)
  • TYPE near Demoulin Brothers & Company Retirement Savings Plan
  • NET ind #7580

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 →

K-Flex USA 401(k) Retirement Savings Plan in the asset neighbourhood

K-Flex USA 401(k) Retirement Savings PlanK-Flex USA 401(k) Retirement…$9MDemoulin Brothers & Company Retirement Savings PlanDemoulin Brothers & Company …$9MNe Construction LLP 401(k) Profit Sharing Plan & TrustNe Construction LLP 401(k) P…$9MLaminate Technologies, Inc. 401(k) Profit Sharing PlanLaminate Technologies, Inc. …$8MBana Solutions 401(k) Plan$8M
End-of-year total assets ($M) among K-Flex USA 401(k) Retirement Savings 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$762K
Employer EIN562249271
Plan Effective Date2008-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (K-Flex USA LLC)

Sponsor-wide plan assets over time

All K-Flex USA LLC plans reported in each filing year

Latest sponsor-wide plan assets
$10M 26.33357783918855% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.74M $9.78M ▲ +26.4%
Year Plans Participants Total Assets
2022 1 205 $8M
2023 1 209 $9M
2024 1 230 $10M

Nearby 401(k) Plans in North Carolina

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

K-Flex USA 401(k) Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants K-Flex USA 401(k) Retirement Savings Plan, Total assets ($B): 0.008500308 · Participants: 209K-Flex USA 401(k) Retirement Savings 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
K-Flex USA 401(k) Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare K-Flex USA 401(k) Retirement Savings Plan side-by-side with 3 peers →

K-Flex USA 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Demoulin Brothers & Company Retirement Savings Plan in IL ($9M); by covered participants it is 1650 Broadway Associates, Inc. 401(k) Plan in NY (209 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (209 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 K-Flex USA 401(k) Retirement Savings Plan assets move in 2023? ▼
K-Flex USA 401(k) Retirement Savings Plan grew at a solid clip - up 9.9% during 2023, from $8M to $9M. Reported net income was $762K.
How have K-Flex USA LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), K-Flex USA LLC's sponsor-wide assets grew 26.3%, from $8M to $10M.
Which 401(k) plans are similar in size to K-Flex USA 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Demoulin Brothers & Company Retirement Savings Plan in IL ($9M, 111 participants).
Which 401(k) plans cover a similar participant headcount to K-Flex USA 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 1650 Broadway Associates, Inc. 401(k) Plan in NY (209 participants, $323K 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 562249271.

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.