401(k) · DOL Form 5500 · 2023

Schunk Intec Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets: 155
Participants Small participant base: 63rd
Percentile by assets National rank: $81,015
Avg per participant Below avg balance/head

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Official DOL plan name: Schunk 401(k) Plan · Sponsored by Schunk Intec Inc. · North Carolina · Manufacturing

$13M in assets, 155 participants

Schunk Intec Inc.'s Schunk 401(k) Plan reported $13M in total assets and 155 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.

#9,535 in Manufacturing (18,722 peers)

Coverage in North Carolina

Schunk 401(k) Plan covers 155 participants in North Carolina, about 19% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

#9,535
in Manufacturing (18,722 peers): +24.5%
assets growth YoY

Schunk 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

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

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

$12,557,374 Top 37% higher than 63% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Schunk 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. Schunk 401(k) Plan sits mid-pack in the medium band (155 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Schunk 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Schunk 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Schunk 401(k) Plan reported participants rose from 144 in the plan year 2022 filing to 155 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 561787512 · Schunk Intec Inc. PY 2023 · 401(k)

Schunk 401(k) Plan · $13M · 155 · 63rd

PHOTO $13M
PHOTO 155
PHOTO 63rd
PHOTO 401(k)
PHOTO near Sunvair Aerospace Group, Inc. 401(k) Plan
PHOTO ind #9535

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 →

End-of-year total assets ($M) among Schunk 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)	$10M
Net Assets (End of Year)	$13M
Net Income	$2M
Employer EIN	561787512
Plan Effective Date	1995-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Schunk Intec Inc.)

Latest sponsor-wide plan assets: $15M 45.393612864710704% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	144	$10M
2023	1	155	$13M
2024	1	165	$15M

Nearby 401(k) Plans in North Carolina

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

Schunk 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

The Bank of America 401(k) Plan $54.8B · 173,899
Honeywell 401(k) Plan $15.4B · 40,004
Duke Energy Retirement Savings Plan $10.4B · 28,121
Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174

Compare Schunk 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Sunvair Aerospace Group, Inc. 401(k) Plan in CA ($13M); by covered participants it is Fraser Business Equipment Salary Deferral Plan in PA (155 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Sunvair Aerospace Group, Inc. 401(k) Plan (CA) $13M · 252
Napleton Auto Werks 401(k) Plan (IL) $13M · 492
Omeda 401(k) Savings Plan (IL) $13M · 171
Inova Payroll, Inc. 401(k) Plan (TN) $13M · 276

Similar participant headcount

Nearest other-state filings by covered participants (155 participants); asset peers above are excluded.

Fraser Business Equipment Salary Deferral Plan (PA) 155 · 0 off
Pacific Bath Company 401(k) Plan (OR) 155 · 0 off
New Mexican/Taos News 401(k) Plan (NM) 155 · 0 off
Mayacama Golf Club, LLC 401(k) Profit Sharing Plan and Trust (CA) 155 · 0 off

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 Schunk 401(k) Plan assets move in 2023? ▼

Schunk 401(k) Plan grew sharply - up 24.5% during 2023, from $10M to $13M. Reported net income was $2M.

How have Schunk Intec Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Schunk Intec Inc.'s sponsor-wide assets grew 45.4%, from $10M to $15M.

Which 401(k) plans are similar in size to Schunk 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Sunvair Aerospace Group, Inc. 401(k) Plan in CA ($13M, 252 participants).

Which 401(k) plans cover a similar participant headcount to Schunk 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Fraser Business Equipment Salary Deferral Plan in PA (155 participants, $14M 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 561787512.