401(k) · DOL Form 5500 · 2023

Davis Furniture Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
266
Participants Below avg headcount
51st
Percentile by assets National rank
$26,025
Avg per participant Low balance/head
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Official DOL plan name: Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust · Sponsored by Davis Furniture Industries, Inc. · North Carolina · Manufacturing

$7M in assets, 266 participants

Davis Furniture Industries, Inc.'s Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust reported $7M in total assets and 266 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #6,554 in Manufacturing (18,722 peers)

Coverage in North Carolina

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust covers 266 participants in North Carolina, about 32% of the average North Carolina filer (state average ~819 per filing). Assets: $7M.

#6,554
in Manufacturing (18,722 peers)
+20.7%
assets growth YoY

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs every filed plan by assets

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

$6,922,524 Top 49% higher than 51% 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

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust 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. Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust sits mid-pack in the medium band (266 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust reported net income rose from $361K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust reported participants rose from 243 in the plan year 2022 filing to 266 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 560591838 · Davis Furniture Industries, Inc. PY 2023 · 401(k)

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust · $7M · 266 · 51st

  • BOY $7M
  • BOY 266
  • BOY 51st
  • BOY 401(k)
  • BOY near Wilke & Baker LLP Dba Gentle Family Dentistry 401(k)
  • BOY ind #6554

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 →

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust in the asset neighbourhood

Davis Furniture Industries, Inc. Employees' 401(k) Plan and TrustDavis Furniture Industries, …$7MWilke & Baker LLP Dba Gentle Family Dentistry 401(k)Wilke & Baker LLP Dba Gentle…$7MCantex, Inc. Savings Plan II$7MPediatric Associates of Medford P.C. 401(k) Profit Sharing PlanPediatric Associates of Medf…$7MEnglewood Healthcare Enterprises, Inc. 401(k) PlanEnglewood Healthcare Enterpr…$7M
End-of-year total assets ($M) among Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN560591838
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Davis Furniture Industries, Inc.)

Sponsor-wide plan assets over time

All Davis Furniture Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 24.716359100630573% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $16.4M $20.5M ▲ +24.8%
Year Plans Participants Total Assets
2022 2 501 $16M
2023 2 566 $19M
2024 2 597 $21M

Nearby 401(k) Plans in North Carolina

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

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust, Total assets ($B): 0.006922524 · Participants: 266Davis Furniture Industries, Inc. Employees' 401(k) Plan and TrustThe 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
Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust side-by-side with 3 peers →

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Wilke & Baker LLP Dba Gentle Family Dentistry 401(k) in NY ($7M); by covered participants it is First Heritage Credit, LLC 401(k) Profit Sharing Plan in MS (266 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (266 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 Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust assets move in 2023? ▼
Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust grew sharply - up 20.7% during 2023, from $6M to $7M. Reported net income was $1M.
How have Davis Furniture Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Davis Furniture Industries, Inc.'s sponsor-wide assets grew 24.7%, from $16M to $21M.
Which 401(k) plans are similar in size to Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Wilke & Baker LLP Dba Gentle Family Dentistry 401(k) in NY ($7M, 11 participants).
Which 401(k) plans cover a similar participant headcount to Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is First Heritage Credit, LLC 401(k) Profit Sharing Plan in MS (266 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 560591838.

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.