401(k) · DOL Form 5500 · 2023

Lumbee Guaranty Bank 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
78
Participants Small participant base
44th
Percentile by assets National rank
$64,182
Avg per participant Low balance/head
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Official DOL plan name: Lumbee Guaranty Bank 401(k) Savings Plan · Sponsored by Lumbee Guaranty Bank · North Carolina · Finance & Insurance

$5M in assets, 78 participants

Lumbee Guaranty Bank's Lumbee Guaranty Bank 401(k) Savings Plan reported $5M in total assets and 78 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

  • #2,796 in Finance & Insurance (8,869 peers)

Lumbee Guaranty Bank multi-year trail

Lumbee Guaranty Bank's plans moved +23.7% in assets from 2022 to 2024; this filing shows Lumbee Guaranty Bank 401(k) Savings Plan at $5M / 78 participants.

#2,796
in Finance & Insurance (8,869 peers)
+10.2%
assets growth YoY

Lumbee Guaranty Bank 401(k) Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Lumbee Guaranty Bank 401(k) Savings Plan vs every filed plan by assets

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

$5,006,196 44th percentile higher than 44% 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

Lumbee Guaranty Bank 401(k) Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lumbee Guaranty Bank 401(k) Savings Plan is a small filing (78 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lumbee Guaranty Bank 401(k) Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $463K in the plan year 2023 filing.
  • Lumbee Guaranty Bank 401(k) Savings Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Lumbee Guaranty Bank 401(k) Savings Plan reported participants rose from 77 in the plan year 2022 filing to 78 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 560990387 · Lumbee Guaranty Bank PY 2023 · 401(k)

Lumbee Guaranty Bank 401(k) Savings Plan · $5M · 78 · 44th

  • 5500 $5M
  • 5500 78
  • 5500 44th
  • 5500 401(k)
  • 5500 near New South Construction Supply, LLC Retirement Plan
  • 5500 ind #2796

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Lumbee Guaranty Bank 401(k) Savings Plan in the asset neighbourhood

Lumbee Guaranty Bank 401(k) Savings PlanLumbee Guaranty Bank 401(k) …$5MNew South Construction Supply, LLC Retirement PlanNew South Construction Suppl…$5MSendik's Fine Foods, Inc. 401(k) PlanSendik's Fine Foods, Inc. 40…$5MRoyce Too LLC 401(k) Profit Sharing PlanRoyce Too LLC 401(k) Profit …$5MNpl Construction Co. Bargained 401(k) Retirement PlanNpl Construction Co. Bargain…$5M
End-of-year total assets ($M) among Lumbee Guaranty Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Lumbee Guaranty Bank multi-year asset trail

Sponsor-wide plan assets over time

All Lumbee Guaranty Bank plans reported in each filing year

Latest sponsor-wide plan assets
$14M 23.737496051837756% vs 2022
2024 filing year
$11M$12M$13M$14M$15M 202220232024 $11.6M $14.4M ▲ +23.8%
Year Plans Participants Total Assets
2022 3 202 $12M
2023 3 197 $12M
2024 3 181 $14M

Lumbee Guaranty Bank filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$463K
Employer EIN560990387
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Lumbee Guaranty Bank 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Lumbee Guaranty Bank 401(k) Savings Plan, Total assets ($B): 0.005006196 · Participants: 78Lumbee Guaranty Bank 401(k) Savings 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
Lumbee Guaranty Bank 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Lumbee Guaranty Bank 401(k) Savings Plan side-by-side with 3 peers →

Lumbee Guaranty Bank 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is New South Construction Supply, LLC Retirement Plan in SC ($5M); by covered participants it is Rasi 401(k) Plan in CO (78 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (78 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 Lumbee Guaranty Bank 401(k) Savings Plan assets move in 2023? ▼
Lumbee Guaranty Bank 401(k) Savings Plan grew at a solid clip - up 10.2% during 2023, from $5M to $5M. Reported net income was $463K.
How have Lumbee Guaranty Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lumbee Guaranty Bank's sponsor-wide assets grew 23.7%, from $12M to $14M.
Which 401(k) plans are similar in size to Lumbee Guaranty Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is New South Construction Supply, LLC Retirement Plan in SC ($5M, 122 participants).
Which 401(k) plans cover a similar participant headcount to Lumbee Guaranty Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rasi 401(k) Plan in CO (78 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 560990387.

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.