401(k) · DOL Form 5500 · 2023

Hornets Basketball, LLC 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
278
Participants Below avg headcount
73rd
Percentile by assets National rank
$74,216
Avg per participant Below avg balance/head
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Official DOL plan name: Hornets Basketball, LLC 401(k) Plan · Sponsored by Hornets Basketball, LLC · North Carolina · Arts, Entertainment & Recreation

$21M in assets, 278 participants

Hornets Basketball, LLC's Hornets Basketball, LLC 401(k) Plan reported $21M in total assets and 278 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #2,470 in Arts, Entertainment & Recreation (2,945 peers)

Coverage in North Carolina

Hornets Basketball, LLC 401(k) Plan covers 278 participants in North Carolina, about 34% of the average North Carolina filer (state average ~819 per filing). Assets: $21M.

#2,470
in Arts, Entertainment & Recreation (2,945 peers)
+19.5%
assets growth YoY

Hornets Basketball, LLC 401(k) Plan's outsized position by total assets

Hornets Basketball, LLC 401(k) Plan vs every filed plan by assets

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

$20,632,106 Top 27% higher than 73% 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

Hornets Basketball, 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. Hornets Basketball, LLC 401(k) Plan sits mid-pack in the medium band (278 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hornets Basketball, LLC 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Hornets Basketball, LLC 401(k) Plan end-of-year assets rose from $17M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Hornets Basketball, LLC 401(k) Plan reported participants rose from 239 in the plan year 2022 filing to 278 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 743074438 · Hornets Basketball, LLC PY 2023 · 401(k)

Hornets Basketball, LLC 401(k) Plan · $21M · 278 · 73rd

  • BOY $21M
  • BOY 278
  • BOY 73rd
  • BOY 401(k)
  • BOY near Mcgrath Automotive Group 401(k) Plan
  • BOY ind #2470

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 Arts, Entertainment & Recreation retirement plans → · Plans in North Carolina →

Hornets Basketball, LLC 401(k) Plan in the asset neighbourhood

Hornets Basketball, LLC 401(k) PlanHornets Basketball, LLC 401(…$21MMcgrath Automotive Group 401(k) PlanMcgrath Automotive Group 401…$21MOldenburg Group Incorporated Savings PlanOldenburg Group Incorporated…$21MUnited States Senate Federal Credit Union 401(k) PlanUnited States Senate Federal…$21MCentific Global Solutions, Inc 401(k) PlanCentific Global Solutions, I…$21M
End-of-year total assets ($M) among Hornets Basketball, LLC 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)$17M
Net Assets (End of Year)$21M
Net Income$5M
Employer EIN743074438
Plan Effective Date2003-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hornets Basketball, LLC)

Sponsor-wide plan assets over time

All Hornets Basketball, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$24M 37.18331689234086% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $17.3M $23.7M ▲ +37.2%
Year Plans Participants Total Assets
2022 1 239 $17M
2023 1 278 $21M
2024 1 284 $24M

Nearby 401(k) Plans in North Carolina

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

Hornets Basketball, 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 ($B) Participants Hornets Basketball, LLC 401(k) Plan, Total assets ($B): 0.020632106 · Participants: 278Hornets Basketball, 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
Hornets Basketball, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Hornets Basketball, LLC 401(k) Plan side-by-side with 3 peers →

Hornets Basketball, 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 Mcgrath Automotive Group 401(k) Plan in IL ($21M); by covered participants it is Centurion Pipeline Company, LLC 401(k) Plan in TX (278 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (278 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 Hornets Basketball, LLC 401(k) Plan assets move in 2023? ▼
Hornets Basketball, LLC 401(k) Plan grew sharply - up 19.5% during 2023, from $17M to $21M. Reported net income was $5M.
How have Hornets Basketball, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hornets Basketball, LLC's sponsor-wide assets grew 37.2%, from $17M to $24M.
Which 401(k) plans are similar in size to Hornets Basketball, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mcgrath Automotive Group 401(k) Plan in IL ($21M, 468 participants).
Which 401(k) plans cover a similar participant headcount to Hornets Basketball, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Centurion Pipeline Company, LLC 401(k) Plan in TX (278 participants, N/A 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 743074438.

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.