401(k) · DOL Form 5500 · 2023

Employee Retirement Plan 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
220
Participants Below avg headcount
65th
Percentile by assets National rank
$62,881
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Employee Retirement Plan · Sponsored by Employee Retirement Plan · North Carolina · Professional & Technical Services

$14M in assets, 220 participants

Employee Retirement Plan's Employee Retirement Plan reported $14M in total assets and 220 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #13,164 in Professional & Technical Services (20,321 peers)

Coverage in North Carolina

Employee Retirement Plan covers 220 participants in North Carolina, about 27% of the average North Carolina filer (state average ~819 per filing). Assets: $14M.

#13,164
in Professional & Technical Services (20,321 peers)
+37.0%
assets growth YoY

Employee Retirement Plan's mid-pack asset rank among Professional & Technical Services and all filers

Employee Retirement Plan vs every filed plan by assets

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

$13,833,762 Top 35% higher than 65% 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

Employee Retirement 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. Employee Retirement Plan sits mid-pack in the medium band (220 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employee Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Employee Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Employee Retirement Plan reported participants rose from 200 in the plan year 2022 filing to 220 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 562198687 · Employee Retirement Plan PY 2023 · 401(k)

Employee Retirement Plan · $14M · 220 · 65th

  • EBSA $14M
  • PART 220
  • TYPE 65th
  • NET 401(k)
  • BOOK near Mechanical Services & Design Inc. 401(k) Plan
  • VS-ST ind #13164

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Employee Retirement Plan in the asset neighbourhood

Woodmeister Master Builders 401(k) Profit Sharing PlanWoodmeister Master Builders …$14MJdk Management Co. L.P. Employee Savings and Retirement PlanJdk Management Co. L.P. Empl…$14MEmployee Retirement Plan$14MMechanical Services & Design Inc. 401(k) PlanMechanical Services & Design…$14MFriendship Foundation 401(k) PlanFriendship Foundation 401(k)…$14M
End-of-year total assets ($M) among Employee Retirement 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)$14M
Net Income$3M
Employer EIN562198687
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Employee Retirement Plan)

Sponsor-wide plan assets over time

All Employee Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$16M 57.93255165075214% vs 2022
2024 filing year
$8M$10M$12M$14M$16M$18M 202220232024 $10.1M $16M ▲ +57.9%
Year Plans Participants Total Assets
2022 1 200 $10M
2023 1 220 $14M
2024 1 182 $16M

Nearby 401(k) Plans in North Carolina

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

Employee Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Employee Retirement Plan, Total assets ($B): 0.013833762 · Participants: 220Employee Retirement 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
Employee Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Employee Retirement Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Mechanical Services & Design Inc. 401(k) Plan in OH ($14M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (220 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (220 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 Employee Retirement Plan assets move in 2023? ▼
Employee Retirement Plan surged - up 37.0% during 2023, from $10M to $14M. Reported net income was $3M.
How have Employee Retirement Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Employee Retirement Plan's sponsor-wide assets grew 57.9%, from $10M to $16M.
Which 401(k) plans are similar in size to Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mechanical Services & Design Inc. 401(k) Plan in OH ($14M, 189 participants).
Which 401(k) plans cover a similar participant headcount to Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dennelisse Corporation 401(k) Plan in NY (220 participants, $1M 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 562198687.

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.