401(k) · DOL Form 5500 · 2023

Credible Labs, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
240
Participants Below avg headcount
63rd
Percentile by assets National rank
$50,318
Avg per participant Low balance/head
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Official DOL plan name: Credible 401(k) Plan · Sponsored by Credible Labs, Inc. · North Carolina · Other Services

$12M in assets, 240 participants

Credible Labs, Inc.'s Credible 401(k) Plan reported $12M in total assets and 240 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #6,208 in Other Services (7,857 peers)

Coverage in North Carolina

Credible 401(k) Plan covers 240 participants in North Carolina, about 29% of the average North Carolina filer (state average ~819 per filing). Assets: $12M.

#6,208
in Other Services (7,857 peers)
+48.8%
assets growth YoY

Credible 401(k) Plan's mid-pack asset rank among Other Services and all filers

Credible 401(k) Plan vs every filed plan by assets

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

$12,076,211 Top 37% higher than 63% 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

Credible 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. Credible 401(k) Plan sits mid-pack in the medium band (240 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Credible 401(k) Plan reported net income rose from $2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Credible 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Credible 401(k) Plan reported participants fell from 305 in the plan year 2022 filing to 240 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 800868275 · Credible Labs, Inc. PY 2023 · 401(k)

Credible 401(k) Plan · $12M · 240 · 63rd

  • TYPE $12M
  • TYPE 240
  • TYPE 63rd
  • TYPE 401(k)
  • TYPE near The Guidance Center 403(b) Retirement Plan
  • TYPE ind #6208

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 Other Services retirement plans → · Plans in North Carolina →

Credible 401(k) Plan in the asset neighbourhood

Credible 401(k) Plan$12MThe Guidance Center 403(b) Retirement PlanThe Guidance Center 403(b) R…$12MUnion of Ca State Workers 401(k) PlanUnion of Ca State Workers 40…$12MInhabit Iq 401(k) Plan$12MTiger Woods Foundation, Inc. Retirement Savings PlanTiger Woods Foundation, Inc.…$12M
End-of-year total assets ($M) among Credible 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)$12M
Net Income$4M
Employer EIN800868275
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Credible Labs, Inc.)

Sponsor-wide plan assets over time

All Credible Labs, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 83.26673465752052% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $8.12M $14.9M ▲ +83.3%
Year Plans Participants Total Assets
2022 1 305 $8M
2023 1 240 $12M
2024 1 168 $15M

Nearby 401(k) Plans in North Carolina

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

Credible 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Credible 401(k) Plan, Total assets ($B): 0.012076211 · Participants: 240Credible 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
Credible 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Credible 401(k) Plan side-by-side with 3 peers →

Credible 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Guidance Center 403(b) Retirement Plan in CA ($12M); by covered participants it is Big 3 Precision Products, Inc. 401(k) Profit Sharing Plan in IL (240 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (240 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 Credible 401(k) Plan assets move in 2023? ▼
Credible 401(k) Plan surged - up 48.8% during 2023, from $8M to $12M. Reported net income was $4M.
How have Credible Labs, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Credible Labs, Inc.'s sponsor-wide assets grew 83.3%, from $8M to $15M.
Which 401(k) plans are similar in size to Credible 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Guidance Center 403(b) Retirement Plan in CA ($12M, 175 participants).
Which 401(k) plans cover a similar participant headcount to Credible 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Big 3 Precision Products, Inc. 401(k) Profit Sharing Plan in IL (240 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 800868275.

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.