401(k) · DOL Form 5500 · 2023

The Budd Group, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
1,931
Participants Near avg headcount
43rd
Percentile by assets National rank
$2,373
Avg per participant Low balance/head
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Official DOL plan name: Budd Group, Inc. 401(k) Savings Plan · Sponsored by The Budd Group, Inc. · North Carolina · Administrative & Support Services

$5M in assets, 1,931 participants

The Budd Group, Inc.'s Budd Group, Inc. 401(k) Savings Plan reported $5M in total assets and 1,931 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,864 in Administrative & Support Services (4,372 peers)

Coverage in North Carolina

Budd Group, Inc. 401(k) Savings Plan covers 1,931 participants in North Carolina, 2.4x the typical North Carolina plan (state average ~819 per filing). Assets: $5M.

#2,864
in Administrative & Support Services (4,372 peers)
+24.6%
assets growth YoY

Budd Group, Inc. 401(k) Savings Plan's mid-pack asset rank among Administrative & Support Services and all filers

Budd Group, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$4,582,000 43rd percentile higher than 43% 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

Budd Group, Inc. 401(k) Savings 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. Budd Group, Inc. 401(k) Savings Plan lands in the large band (1,931 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Budd Group, Inc. 401(k) Savings Plan reported net income rose from -$15K in the plan year 2022 filing to $906K in the plan year 2023 filing.
  • Budd Group, Inc. 401(k) Savings Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Budd Group, Inc. 401(k) Savings Plan reported participants fell from 1,997 in the plan year 2022 filing to 1,931 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 560750470 · The Budd Group, Inc. PY 2023 · 401(k)

Budd Group, Inc. 401(k) Savings Plan · $5M · 1,931 · 43rd

  • 5500 $5M
  • ASSETS 1,931
  • PCT 43rd
  • EIN 401(k)
  • RANK near Onnit Labs, Inc. 401(k) Plan
  • PHOTO ind #2864

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 Administrative & Support Services retirement plans → · Plans in North Carolina →

Budd Group, Inc. 401(k) Savings Plan in the asset neighbourhood

Budd Group, Inc. 401(k) Savings PlanBudd Group, Inc. 401(k) Savi…$5MOnnit Labs, Inc. 401(k) Plan$5MCutler Repaving Inc 401(k) Profit Sharing PlanCutler Repaving Inc 401(k) P…$5MSki Barn, Inc. 401(k) Profit Sharing PlanSki Barn, Inc. 401(k) Profit…$5MLendbuzz, Inc. 401(k) Plan$5M
End-of-year total assets ($M) among Budd Group, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$906K
Employer EIN560750470
Plan Effective Date1998-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Budd Group, Inc.)

Sponsor-wide plan assets over time

All The Budd Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 48.23638127373793% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.68M $5.45M ▲ +48.1%
Year Plans Participants Total Assets
2022 1 1,997 $4M
2023 1 1,931 $5M
2024 1 2,231 $5M

Nearby 401(k) Plans in North Carolina

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

Budd Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Budd Group, Inc. 401(k) Savings Plan, Total assets ($B): 0.004582 · Participants: 1931Budd Group, Inc. 401(k) 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
Budd Group, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Budd Group, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Budd Group, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Onnit Labs, Inc. 401(k) Plan in TX ($5M); by covered participants it is Appen Ai Inc Retirement Plan in WA (1,931 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,931 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 Budd Group, Inc. 401(k) Savings Plan assets move in 2023? ▼
Budd Group, Inc. 401(k) Savings Plan grew sharply - up 24.6% during 2023, from $4M to $5M. Reported net income was $906K.
How have The Budd Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Budd Group, Inc.'s sponsor-wide assets grew 48.2%, from $4M to $5M.
Which 401(k) plans are similar in size to Budd Group, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Onnit Labs, Inc. 401(k) Plan in TX ($5M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Budd Group, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Appen Ai Inc Retirement Plan in WA (1,931 participants, $20M 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 560750470.

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.