401(k) · DOL Form 5500 · 2023

True Homes, LLC 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
439
Participants Below avg headcount
71st
Percentile by assets National rank
$41,942
Avg per participant Low balance/head
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Official DOL plan name: True Homes, LLC 401(k) Plan · Sponsored by True Homes, LLC · North Carolina · Construction

$18M in assets, 439 participants

True Homes, LLC's True Homes, LLC 401(k) Plan reported $18M in total assets and 439 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #6,304 in Construction (9,030 peers)

True Homes, LLC multi-year trail

True Homes, LLC's plans moved +82.5% in assets from 2022 to 2024; this filing shows True Homes, LLC 401(k) Plan at $18M / 439 participants.

#6,304
in Construction (9,030 peers)
+38.3%
assets growth YoY

True Homes, LLC 401(k) Plan's outsized position by total assets

True Homes, LLC 401(k) Plan vs every filed plan by assets

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

$18,412,451 Top 29% higher than 71% 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

True Homes, 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. True Homes, LLC 401(k) Plan sits mid-pack in the medium band (439 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • True Homes, LLC 401(k) Plan reported net income rose from $65K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • True Homes, LLC 401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • True Homes, LLC 401(k) Plan reported participants rose from 400 in the plan year 2022 filing to 439 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 261483906 · True Homes, LLC PY 2023 · 401(k)

True Homes, LLC 401(k) Plan · $18M · 439 · 71st

  • 5500 $18M
  • 5500 439
  • 5500 71st
  • 5500 401(k)
  • 5500 near Brainpop 401(k) Plan
  • 5500 ind #6304

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 →

True Homes, LLC 401(k) Plan in the asset neighbourhood

True Homes, LLC 401(k) Plan$18MBrainpop 401(k) Plan$18MKessler 401(k) Plan$18MScott Credit Union 401(k) PlanScott Credit Union 401(k) Pl…$18MDorfman Milano Company Voluntary Investment PlanDorfman Milano Company Volun…$18M
End-of-year total assets ($M) among True Homes, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

True Homes, LLC multi-year asset trail

Sponsor-wide plan assets over time

All True Homes, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$24M 82.4962027256242% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $13.3M $24.3M ▲ +82.5%
Year Plans Participants Total Assets
2022 1 400 $13M
2023 1 439 $18M
2024 1 446 $24M

True Homes, LLC filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$18M
Net Income$5M
Employer EIN261483906
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

True Homes, 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 ($B) Participants True Homes, LLC 401(k) Plan, Total assets ($B): 0.018412451 · Participants: 439True Homes, 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
True Homes, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

True Homes, 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 Brainpop 401(k) Plan in NY ($18M); by covered participants it is Amerex Corporation 401(k) Savings Plan in AL (439 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (439 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 True Homes, LLC 401(k) Plan assets move in 2023?
True Homes, LLC 401(k) Plan surged - up 38.3% during 2023, from $13M to $18M. Reported net income was $5M.
How have True Homes, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), True Homes, LLC's sponsor-wide assets grew 82.5%, from $13M to $24M.
Which 401(k) plans are similar in size to True Homes, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Brainpop 401(k) Plan in NY ($18M, 216 participants).
Which 401(k) plans cover a similar participant headcount to True Homes, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Amerex Corporation 401(k) Savings Plan in AL (439 participants, $48M in assets).