Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

JOHNSTON COUNTY INDUSTRIES, INC.

This Profit Sharing plan holds $3M in total assets and serves 158 participants as of 2023. It is sponsored by JOHNSTON COUNTY INDUSTRIES, INC. in North Carolina. The plan reported positive net income of $212K for the year.

Total Assets (2023)
$3M
Participants
158
Industry
Healthcare & Social Assistance

What the Filing Says About JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN

JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN is a Profit Sharing retirement plan sponsored by JOHNSTON COUNTY INDUSTRIES, INC., headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 158 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 561101999, and the plan has been effective since 1995-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2023 to $3M at year-end — a gain of 9.1%. Net assets (after liabilities) closed the year at $3M, with reported net income of $212K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$212K
Plan TypeProfit Sharing
Employer EIN561101999
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (JOHNSTON COUNTY INDUSTRIES, INC.)

Year Plans Participants Total Assets
2022 1 161 $2M
2023 1 158 $3M
2024 1 129 N/A

Nearby Profit Sharing Plans in North Carolina

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Frequently Asked Questions

How much money is in the JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN?
As of the 2023 Form 5500 filing, JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN holds $3M in total assets with 158 participants. It is sponsored by JOHNSTON COUNTY INDUSTRIES, INC..
What type of plan is JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN?
JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN is a Profit Sharing plan. It has been effective since 1995-07-01. The plan is filed with the U.S. Department of Labor under EIN 561101999.
Who sponsors the JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN?
JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN is sponsored by JOHNSTON COUNTY INDUSTRIES, INC., located in North Carolina. The sponsor's EIN is 561101999 and the plan operates in the Healthcare & Social Assistance industry.
How did JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN perform in 2023?
JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN grew by 9.1% during 2023, moving from $2M to $3M in total assets. Net income was $212K.
Where can I find official filings for JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN?
Official Form 5500 filings for JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561101999 or plan name at efast.dol.gov.
How does JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN compare to other plans?
You can compare JOHNSTON COUNTY INDUSTRIES, INC. 403(B) PLAN against other Profit Sharing plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 561101999.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.