401(k) · DOL Form 5500 · 2023

Insteel Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
830
Participants Near avg headcount
88th
Percentile by assets National rank
$82,446
Avg per participant Below avg balance/head
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Official DOL plan name: Insteel Industries, Inc Retirement Savings Plan · Sponsored by Insteel Industries, Inc. · North Carolina · Manufacturing

$68M in assets, 830 participants

Insteel Industries, Inc.'s Insteel Industries, Inc Retirement Savings Plan reported $68M in total assets and 830 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,526 in Manufacturing (18,722 peers)

Where Insteel Industries, Inc Retirement Savings Plan sits by assets

Insteel Industries, Inc Retirement Savings Plan sits in the top quartile of all filed plans by assets, $68M for 830 participants (~$82,446/participant), up 19.8% in 2023.

#15,526
in Manufacturing (18,722 peers)
+19.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Insteel Industries, Inc Retirement Savings Plan's outsized position by total assets

Insteel Industries, Inc Retirement Savings Plan vs every filed plan by assets

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

$68,430,385 Top 12% higher than 88% 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

Insteel Industries, Inc Retirement Savings 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. Insteel Industries, Inc Retirement Savings Plan sits mid-pack in the medium band (830 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Insteel Industries, Inc Retirement Savings Plan reported net income rose from $6M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Insteel Industries, Inc Retirement Savings Plan end-of-year assets rose from $57M in the plan year 2022 filing to $68M in the plan year 2023 filing.
  • Insteel Industries, Inc Retirement Savings Plan reported participants fell from 863 in the plan year 2022 filing to 830 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 560674867 · Insteel Industries, Inc. PY 2023 · 401(k)

Insteel Industries, Inc Retirement Savings Plan · $68M · 830 · 88th

  • BOY $68M
  • BOY 830
  • BOY 88th
  • BOY 401(k)
  • BOY near Universal Property & Casualty 401(k) Profit Sharing Plan
  • BOY ind #15526

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 →

Insteel Industries, Inc Retirement Savings Plan in the asset neighbourhood

The Windquest Group 401(k) Retirement Savings PlanThe Windquest Group 401(k) R…$68MInsteel Industries, Inc Retirement Savings PlanInsteel Industries, Inc Reti…$68MUniversal Property & Casualty 401(k) Profit Sharing PlanUniversal Property & Casualt…$68MTaghleef Industries, Inc. Savings and Profit Sharing PlanTaghleef Industries, Inc. Sa…$68MVermont Mutual Insurance Company 401(k) PlanVermont Mutual Insurance Com…$68M
End-of-year total assets ($M) among Insteel Industries, Inc Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$68M
Net Income$11M
Employer EIN560674867
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insteel Industries, Inc.)

Sponsor-wide plan assets over time

All Insteel Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 34.55460908169556% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $57.1M $76.8M ▲ +34.5%
Year Plans Participants Total Assets
2022 1 863 $57M
2023 1 830 $68M
2024 1 814 $77M

Nearby 401(k) Plans in North Carolina

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

Insteel Industries, Inc Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Insteel Industries, Inc Retirement Savings Plan, Total assets ($B): 0.068430385 · Participants: 830Insteel Industries, Inc Retirement Savings 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
Insteel Industries, Inc Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Insteel Industries, Inc Retirement Savings Plan side-by-side with 3 peers →

Insteel Industries, Inc Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Universal Property & Casualty 401(k) Profit Sharing Plan in FL ($68M); by covered participants it is Dickinson Wright PLLC Retirement and 401(k) Savings in MI (830 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (830 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 Insteel Industries, Inc Retirement Savings Plan assets move in 2023? ▼
Insteel Industries, Inc Retirement Savings Plan grew sharply - up 19.8% during 2023, from $57M to $68M. Reported net income was $11M.
How have Insteel Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Insteel Industries, Inc.'s sponsor-wide assets grew 34.6%, from $57M to $77M.
Where does Insteel Industries, Inc Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Insteel Industries, Inc Retirement Savings Plan ranks in the 88th 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 Insteel Industries, Inc Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Universal Property & Casualty 401(k) Profit Sharing Plan in FL ($68M, 1,171 participants).
Which 401(k) plans cover a similar participant headcount to Insteel Industries, Inc Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dickinson Wright PLLC Retirement and 401(k) Savings in MI (830 participants, $274M 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 560674867.

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.