401(k) · DOL Form 5500 · 2023

Spinrite Services Inc 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
278
Participants Below avg headcount
51st
Percentile by assets National rank
$25,224
Avg per participant Low balance/head
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Official DOL plan name: Spinrite Services Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Spinrite Services Inc · North Carolina · Manufacturing

$7M in assets, 278 participants

Spinrite Services Inc's Spinrite Services Inc 401(k) Profit Sharing Plan & Trust reported $7M in total assets and 278 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.

  • #6,611 in Manufacturing (18,722 peers)

Coverage in North Carolina

Spinrite Services Inc 401(k) Profit Sharing Plan & Trust covers 278 participants in North Carolina, about 34% of the average North Carolina filer (state average ~819 per filing). Assets: $7M.

#6,611
in Manufacturing (18,722 peers)
+2.5%
assets growth YoY

Spinrite Services Inc 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Manufacturing and all filers

Spinrite Services Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$7,012,326 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

Spinrite Services Inc 401(k) Profit Sharing Plan & 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. Spinrite Services Inc 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (278 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spinrite Services Inc 401(k) Profit Sharing Plan & Trust reported net income rose from -$5M in the plan year 2022 filing to $171K in the plan year 2023 filing.
  • Spinrite Services Inc 401(k) Profit Sharing Plan & Trust reported participants fell from 411 in the plan year 2022 filing to 278 in the plan year 2023 filing.
  • Spinrite Services Inc 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $7M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 981027632 · Spinrite Services Inc PY 2023 · 401(k)

Spinrite Services Inc 401(k) Profit Sharing Plan & Trust · $7M · 278 · 51st

  • BOY $7M
  • SCH 278
  • EBSA 51st
  • PART 401(k)
  • TYPE near Swiss Automation, Inc. 401(k) Plan
  • NET ind #6611

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 →

Spinrite Services Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Spinrite Services Inc 401(k) Profit Sharing Plan & TrustSpinrite Services Inc 401(k)…$7MSwiss Automation, Inc. 401(k) PlanSwiss Automation, Inc. 401(k…$7MFresh American, LLC 401(k) Profit Sharing Plan and TrustFresh American, LLC 401(k) P…$7MJps Graphics Corporation 401 (K) PlanJps Graphics Corporation 401…$7MLas Vegas Paiute Tribe 401(k) Retirement PlanLas Vegas Paiute Tribe 401(k…$7M
End-of-year total assets ($M) among Spinrite Services Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$171K
Employer EIN981027632
Plan Effective Date2013-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spinrite Services Inc)

Sponsor-wide plan assets over time

All Spinrite Services Inc plans reported in each filing year

Latest sponsor-wide plan assets
$8M 10.790286795034069% vs 2022
2024 filing year
$6.5M$7M$7.5M$8M 202220232024 $6.84M $7.58M ▲ +10.8%
Year Plans Participants Total Assets
2022 1 411 $7M
2023 1 278 $7M
2024 1 258 $8M

Nearby 401(k) Plans in North Carolina

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

Spinrite Services Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Spinrite Services Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.007012326 · Participants: 278Spinrite Services Inc 401(k) Profit Sharing Plan & 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
Spinrite Services Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Spinrite Services Inc 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Spinrite Services Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Swiss Automation, Inc. 401(k) Plan in IL ($7M); 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 Spinrite Services Inc 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Spinrite Services Inc 401(k) Profit Sharing Plan & Trust edged up modestly - up 2.5% during 2023, from $7M to $7M. Reported net income was $171K.
How have Spinrite Services Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spinrite Services Inc's sponsor-wide assets grew 10.8%, from $7M to $8M.
Which 401(k) plans are similar in size to Spinrite Services Inc 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Swiss Automation, Inc. 401(k) Plan in IL ($7M, 302 participants).
Which 401(k) plans cover a similar participant headcount to Spinrite Services Inc 401(k) Profit Sharing Plan & Trust? ▼
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 981027632.

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.