401(k) · DOL Form 5500 · 2023

Turbocoating Corp. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
431
Participants Below avg headcount
78th
Percentile by assets National rank
$65,984
Avg per participant Below avg balance/head
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Official DOL plan name: Lincotek US 401(k) Plan · Sponsored by Turbocoating Corp. · North Carolina · Manufacturing

$28M in assets, 431 participants

Turbocoating Corp.'s Lincotek US 401(k) Plan reported $28M in total assets and 431 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #13,129 in Manufacturing (18,722 peers)

Where Lincotek US 401(k) Plan sits by assets

Lincotek US 401(k) Plan sits in the top quartile of all filed plans by assets, $28M for 431 participants (~$65,984/participant), up 19.6% in 2023.

#13,129
in Manufacturing (18,722 peers)
+19.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

Lincotek US 401(k) Plan vs every filed plan by assets

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

$28,439,111 Top 22% higher than 78% 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

Lincotek US 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. Lincotek US 401(k) Plan sits mid-pack in the medium band (431 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lincotek US 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Lincotek US 401(k) Plan end-of-year assets rose from $24M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Lincotek US 401(k) Plan reported participants rose from 411 in the plan year 2022 filing to 431 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 990362534 · Turbocoating Corp. PY 2023 · 401(k)

Lincotek US 401(k) Plan · $28M · 431 · 78th

  • EOY $28M
  • EOY 431
  • EOY 78th
  • EOY 401(k)
  • EOY near Vern Eide Motorcars, Inc. 401(k) Plan
  • EOY ind #13129

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 →

Lincotek US 401(k) Plan in the asset neighbourhood

Lincotek US 401(k) Plan$28MVern Eide Motorcars, Inc. 401(k) PlanVern Eide Motorcars, Inc. 40…$28MDelaware Nation Companies Retirement Savings PlanDelaware Nation Companies Re…$28MPerdue, Brandon, Fielder, Collins and Mott 401(k) PlanPerdue, Brandon, Fielder, Co…$28MBurrow Global 401(k) Savings PlanBurrow Global 401(k) Savings…$28M
End-of-year total assets ($M) among Lincotek US 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN990362534
Plan Effective Date2011-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Turbocoating Corp.)

Sponsor-wide plan assets over time

All Turbocoating Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$37M 54.82527167177131% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $23.8M $36.8M ▲ +54.9%
Year Plans Participants Total Assets
2022 1 411 $24M
2023 1 431 $28M
2024 1 596 $37M

Nearby 401(k) Plans in North Carolina

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

Lincotek US 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Lincotek US 401(k) Plan, Total assets ($B): 0.028439111 · Participants: 431Lincotek US 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
Lincotek US 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Lincotek US 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Vern Eide Motorcars, Inc. 401(k) Plan in SD ($28M); by covered participants it is Freeport Lng 401(k) Plan in TX (431 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (431 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 Lincotek US 401(k) Plan assets move in 2023? ▼
Lincotek US 401(k) Plan grew sharply - up 19.6% during 2023, from $24M to $28M. Reported net income was $3M.
How have Turbocoating Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Turbocoating Corp.'s sponsor-wide assets grew 54.8%, from $24M to $37M.
Where does Lincotek US 401(k) Plan rank by assets among Form 5500 filers? ▼
Lincotek US 401(k) Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lincotek US 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vern Eide Motorcars, Inc. 401(k) Plan in SD ($28M, 302 participants).
Which 401(k) plans cover a similar participant headcount to Lincotek US 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Freeport Lng 401(k) Plan in TX (431 participants, $94M 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 990362534.

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.