401(k) · DOL Form 5500 · 2023

Adpd Holdings LLC D/B/a Nearu 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
2,535
Participants Above avg headcount
72nd
Percentile by assets National rank
$7,441
Avg per participant Low balance/head
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Official DOL plan name: Nearu 401(k) Plan · Sponsored by Adpd Holdings LLC D/B/a Nearu · North Carolina · Management of Enterprises

$19M in assets, 2,535 participants

Adpd Holdings LLC D/B/a Nearu's Nearu 401(k) Plan reported $19M in total assets and 2,535 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #589 in Management of Enterprises (1,137 peers)

Coverage in North Carolina

Nearu 401(k) Plan covers 2,535 participants in North Carolina, 3.1x the typical North Carolina plan (state average ~819 per filing). Assets: $19M.

#589
in Management of Enterprises (1,137 peers)
+76.4%
assets growth YoY

Nearu 401(k) Plan's outsized position by total assets

Nearu 401(k) Plan vs every filed plan by assets

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

$18,863,522 Top 28% higher than 72% 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

Nearu 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nearu 401(k) Plan lands in the large band (2,535 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nearu 401(k) Plan reported participants rose from 193 in the plan year 2022 filing to 2,535 in the plan year 2023 filing.
  • Nearu 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Nearu 401(k) Plan reported net income rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 834582451 · Adpd Holdings LLC D/B/a Nearu PY 2023 · 401(k)

Nearu 401(k) Plan · $19M · 2,535 · 72nd

  • PCT $19M
  • PCT 2,535
  • PCT 72nd
  • PCT 401(k)
  • PCT near Itw Bargaining Savings and Investment Plan
  • PCT ind #589

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 Management of Enterprises retirement plans → · Plans in North Carolina →

Nearu 401(k) Plan in the asset neighbourhood

Gulfside Casino Partnership 401(k) PlanGulfside Casino Partnership …$19MNearu 401(k) Plan$19MItw Bargaining Savings and Investment PlanItw Bargaining Savings and I…$19MTrue North Equipment Co. 401(k) Profit Sharing PlanTrue North Equipment Co. 401…$19MTrade Center Management Associates 401(k) PlanTrade Center Management Asso…$19M
End-of-year total assets ($M) among Nearu 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)$19M
Net Income$8M
Employer EIN834582451
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adpd Holdings LLC D/B/a Nearu)

Sponsor-wide plan assets over time

All Adpd Holdings LLC D/B/a Nearu plans reported in each filing year

Latest sponsor-wide plan assets
$26M 141.180043742514% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $10.7M $25.8M ▲ +141.1%
Year Plans Participants Total Assets
2022 1 193 $11M
2023 1 2,535 $19M
2024 1 1,610 $26M

Nearby 401(k) Plans in North Carolina

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

Nearu 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Nearu 401(k) Plan, Total assets ($B): 0.018863522 · Participants: 2535Nearu 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
Nearu 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Nearu 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Itw Bargaining Savings and Investment Plan in IL ($19M); by covered participants it is Mayville Engineering Company, Inc. 401(k) Plan in WI (2,531 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,535 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 Nearu 401(k) Plan assets move in 2023?
Nearu 401(k) Plan surged - up 76.4% during 2023, from $11M to $19M. Reported net income was $8M.
How have Adpd Holdings LLC D/B/a Nearu plan assets changed over time?
Across 3 plan years on file (2022-2024), Adpd Holdings LLC D/B/a Nearu's sponsor-wide assets grew 141.2%, from $11M to $26M.
Which 401(k) plans are similar in size to Nearu 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Itw Bargaining Savings and Investment Plan in IL ($19M, 368 participants).
Which 401(k) plans cover a similar participant headcount to Nearu 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Mayville Engineering Company, Inc. 401(k) Plan in WI (2,531 participants, $150M in assets).