401(k) · DOL Form 5500 · 2023

H.W. Culp Lumber Company 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
126
Participants Small participant base
79th
Percentile by assets National rank
$230,448
Avg per participant Above avg balance/head
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Official DOL plan name: H.W. Culp Lumber Company Profit Sharing Plan · Sponsored by H.W. Culp Lumber Company · North Carolina · Manufacturing

$29M in assets, 126 participants

H.W. Culp Lumber Company's H.W. Culp Lumber Company Profit Sharing Plan reported $29M in total assets and 126 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #13,200 in Manufacturing (18,722 peers)

Coverage in North Carolina

H.W. Culp Lumber Company Profit Sharing Plan covers 126 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $29M.

#13,200
in Manufacturing (18,722 peers)
+13.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

H.W. Culp Lumber Company Profit Sharing Plan's outsized position by total assets

H.W. Culp Lumber Company Profit Sharing Plan vs every filed plan by assets

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

$29,036,493 Top 21% higher than 79% 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

H.W. Culp Lumber Company Profit Sharing 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. H.W. Culp Lumber Company Profit Sharing Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • H.W. Culp Lumber Company Profit Sharing Plan reported net income rose from -$8M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • H.W. Culp Lumber Company Profit Sharing Plan end-of-year assets rose from $26M in the plan year 2022 filing to $29M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 560193850 · H.W. Culp Lumber Company PY 2023 · 401(k)

H.W. Culp Lumber Company Profit Sharing Plan · $29M · 126 · 79th

  • ASSETS $29M
  • PCT 126
  • EIN 79th
  • RANK 401(k)
  • PHOTO near Southern Crown Partners, LLC Retirement Plan
  • IND ind #13200

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 →

H.W. Culp Lumber Company Profit Sharing Plan in the asset neighbourhood

H.W. Culp Lumber Company Profit Sharing PlanH.W. Culp Lumber Company Pro…$29MSouthern Crown Partners, LLC Retirement PlanSouthern Crown Partners, LLC…$29MProject Management Advisors, Inc. 401(k) Plan and TrustProject Management Advisors,…$29MDick Anderson Construction, Inc. Profit Sharing PlanDick Anderson Construction, …$29MParadigm Oral Surgery 401(k) Profit Sharing PlanParadigm Oral Surgery 401(k)…$29M
End-of-year total assets ($M) among H.W. Culp Lumber Company Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$29M
Net Income$3M
Employer EIN560193850
Plan Effective Date1969-12-23
Filing StatusFILING RECEIVED

Sponsor Plan History (H.W. Culp Lumber Company)

Sponsor-wide plan assets over time

All H.W. Culp Lumber Company plans reported in each filing year

Latest sponsor-wide plan assets
$32M 24.213628099953592% vs 2022
2024 filing year
$24M$26M$28M$30M$32M$34M 202220232024 $25.7M $31.9M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 125 $26M
2023 1 126 $29M
2024 1 132 $32M

Nearby 401(k) Plans in North Carolina

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

H.W. Culp Lumber Company Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants H.W. Culp Lumber Company Profit Sharing Plan, Total assets ($B): 0.029036493 · Participants: 126H.W. Culp Lumber Company Profit Sharing 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
H.W. Culp Lumber Company Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare H.W. Culp Lumber Company Profit Sharing Plan side-by-side with 3 peers →

H.W. Culp Lumber Company Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Southern Crown Partners, LLC Retirement Plan in GA ($29M); by covered participants it is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (126 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 H.W. Culp Lumber Company Profit Sharing Plan assets move in 2023? ▼
H.W. Culp Lumber Company Profit Sharing Plan grew at a solid clip - up 13.1% during 2023, from $26M to $29M. Reported net income was $3M.
How have H.W. Culp Lumber Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), H.W. Culp Lumber Company's sponsor-wide assets grew 24.2%, from $26M to $32M.
Where does H.W. Culp Lumber Company Profit Sharing Plan rank by assets among Form 5500 filers? ▼
H.W. Culp Lumber Company Profit Sharing Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to H.W. Culp Lumber Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Southern Crown Partners, LLC Retirement Plan in GA ($29M, 728 participants).
Which 401(k) plans cover a similar participant headcount to H.W. Culp Lumber Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants, $4M 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 560193850.

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.