401(k) · DOL Form 5500 · 2023

Transource, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
295
Participants Below avg headcount
63rd
Percentile by assets National rank
$41,226
Avg per participant Low balance/head
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Official DOL plan name: Transource, Inc. 401(k) Investment Plan · Sponsored by Transource, Inc. · North Carolina · Retail Trade

$12M in assets, 295 participants

Transource, Inc.'s Transource, Inc. 401(k) Investment Plan reported $12M in total assets and 295 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.

  • #6,198 in Retail Trade (8,414 peers)

Coverage in North Carolina

Transource, Inc. 401(k) Investment Plan covers 295 participants in North Carolina, about 36% of the average North Carolina filer (state average ~819 per filing). Assets: $12M.

#6,198
in Retail Trade (8,414 peers)
+29.9%
assets growth YoY

Transource, Inc. 401(k) Investment Plan's mid-pack asset rank among Retail Trade and all filers

Transource, Inc. 401(k) Investment Plan vs every filed plan by assets

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

$12,161,751 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

Transource, Inc. 401(k) Investment 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. Transource, Inc. 401(k) Investment Plan sits mid-pack in the medium band (295 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Transource, Inc. 401(k) Investment Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Transource, Inc. 401(k) Investment Plan end-of-year assets rose from $9M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Transource, Inc. 401(k) Investment Plan reported participants rose from 255 in the plan year 2022 filing to 295 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561325586 · Transource, Inc. PY 2023 · 401(k)

Transource, Inc. 401(k) Investment Plan · $12M · 295 · 63rd

  • EBSA $12M
  • PART 295
  • TYPE 63rd
  • NET 401(k)
  • BOOK near Dra 401(k) Plan
  • VS-ST ind #6198

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 Retail Trade retirement plans → · Plans in North Carolina →

Transource, Inc. 401(k) Investment Plan in the asset neighbourhood

Transource, Inc. 401(k) Investment PlanTransource, Inc. 401(k) Inve…$12MDra 401(k) Plan$12MJay Industrial Repair, Inc. Employee Savings Retirement PlanJay Industrial Repair, Inc. …$12MOtis Products, Inc. 401(k) Safe Harbor PlanOtis Products, Inc. 401(k) S…$12MThe Schneider Corporation 401(k) Profit Sharing PlanThe Schneider Corporation 40…$12M
End-of-year total assets ($M) among Transource, Inc. 401(k) Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN561325586
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Transource, Inc.)

Sponsor-wide plan assets over time

All Transource, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 62.37963150867824% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.36M $15.2M ▲ +62.4%
Year Plans Participants Total Assets
2022 1 255 $9M
2023 1 295 $12M
2024 1 308 $15M

Nearby 401(k) Plans in North Carolina

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

Transource, Inc. 401(k) Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Transource, Inc. 401(k) Investment Plan, Total assets ($B): 0.012161751 · Participants: 295Transource, Inc. 401(k) Investment 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
Transource, Inc. 401(k) Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Transource, Inc. 401(k) Investment Plan side-by-side with 3 peers →

Transource, Inc. 401(k) Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Dra 401(k) Plan in PA ($12M); by covered participants it is Temporary Housing, Inc. 401(k) Profit Sharing Plan in AZ (295 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (295 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 Transource, Inc. 401(k) Investment Plan assets move in 2023? ▼
Transource, Inc. 401(k) Investment Plan grew sharply - up 29.9% during 2023, from $9M to $12M. Reported net income was $3M.
How have Transource, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Transource, Inc.'s sponsor-wide assets grew 62.4%, from $9M to $15M.
Which 401(k) plans are similar in size to Transource, Inc. 401(k) Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dra 401(k) Plan in PA ($12M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Transource, Inc. 401(k) Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Temporary Housing, Inc. 401(k) Profit Sharing Plan in AZ (295 participants, $6M 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 561325586.

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.