401(k) · DOL Form 5500 · 2023

Boon Edam, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
179
Participants Small participant base
63rd
Percentile by assets National rank
$68,405
Avg per participant Below avg balance/head
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Official DOL plan name: Boon Edam, Inc. 401(k) Plan · Sponsored by Boon Edam, Inc. · North Carolina · Other Services

$12M in assets, 179 participants

Boon Edam, Inc.'s Boon Edam, Inc. 401(k) Plan reported $12M in total assets and 179 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.

  • #6,223 in Other Services (7,857 peers)

Coverage in North Carolina

Boon Edam, Inc. 401(k) Plan covers 179 participants in North Carolina, about 22% of the average North Carolina filer (state average ~819 per filing). Assets: $12M.

#6,223
in Other Services (7,857 peers)
+15.5%
assets growth YoY

Boon Edam, Inc. 401(k) Plan's mid-pack asset rank among Other Services and all filers

Boon Edam, Inc. 401(k) Plan vs every filed plan by assets

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

$12,244,445 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

Boon Edam, Inc. 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. Boon Edam, Inc. 401(k) Plan sits mid-pack in the medium band (179 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Boon Edam, Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Boon Edam, Inc. 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Boon Edam, Inc. 401(k) Plan reported participants rose from 176 in the plan year 2022 filing to 179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 112575784 · Boon Edam, Inc. PY 2023 · 401(k)

Boon Edam, Inc. 401(k) Plan · $12M · 179 · 63rd

  • EOY $12M
  • 5500 179
  • ASSETS 63rd
  • PCT 401(k)
  • EIN near Kimchuk Savings and Retirement Plan
  • RANK ind #6223

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 Other Services retirement plans → · Plans in North Carolina →

Boon Edam, Inc. 401(k) Plan in the asset neighbourhood

401(k) Matrix Retirement Plan Board of Directors 401(k) Matrix Retirement Plan as Adopted by Adminsure, Inc.401(k) Matrix Retirement Pla…$12MYavapai Prescott Indian Tribe Employee Savings and Retirement PlanYavapai Prescott Indian Trib…$12MBoon Edam, Inc. 401(k) Plan$12MKimchuk Savings and Retirement PlanKimchuk Savings and Retireme…$12MSource4 401(k) Plan$12M
End-of-year total assets ($M) among Boon Edam, Inc. 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)$11M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN112575784
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boon Edam, Inc.)

Sponsor-wide plan assets over time

All Boon Edam, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 36.45331285181974% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $10.6M $14.5M ▲ +36.5%
Year Plans Participants Total Assets
2022 1 176 $11M
2023 1 179 $12M
2024 1 180 $14M

Nearby 401(k) Plans in North Carolina

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

Boon Edam, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Boon Edam, Inc. 401(k) Plan, Total assets ($B): 0.012244445 · Participants: 179Boon Edam, Inc. 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
Boon Edam, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Boon Edam, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Kimchuk Savings and Retirement Plan in CT ($12M); by covered participants it is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Boon Edam, Inc. 401(k) Plan assets move in 2023? ▼
Boon Edam, Inc. 401(k) Plan grew sharply - up 15.5% during 2023, from $11M to $12M. Reported net income was $2M.
How have Boon Edam, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Boon Edam, Inc.'s sponsor-wide assets grew 36.5%, from $11M to $14M.
Which 401(k) plans are similar in size to Boon Edam, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kimchuk Savings and Retirement Plan in CT ($12M, 76 participants).
Which 401(k) plans cover a similar participant headcount to Boon Edam, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 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 112575784.

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.