401(k) · DOL Form 5500 · 2023

Gmc Legacy, LLC 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
286
Participants Below avg headcount
83rd
Percentile by assets National rank
$135,888
Avg per participant Near avg balance/head
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Official DOL plan name: Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust · Sponsored by Gmc Legacy, LLC · North Carolina · Other Services

$39M in assets, 286 participants

Gmc Legacy, LLC's Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust reported $39M in total assets and 286 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,222 in Other Services (7,857 peers)

Coverage in North Carolina

Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust covers 286 participants in North Carolina, about 35% of the average North Carolina filer (state average ~819 per filing). Assets: $39M.

#7,222
in Other Services (7,857 peers)
+9.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$38,864,016 Top 17% higher than 83% 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

Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust 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. Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (286 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust reported net income rose from -$12M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust reported participants fell from 324 in the plan year 2022 filing to 286 in the plan year 2023 filing.
  • Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $36M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 560237740 · Gmc Legacy, LLC PY 2023 · 401(k)

Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust · $39M · 286 · 83rd

  • 5500 $39M
  • ASSETS 286
  • PCT 83rd
  • EIN 401(k)
  • RANK near First National Bank Savings and Investment Plan
  • PHOTO ind #7222

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 Other Services retirement plans → · Plans in North Carolina →

Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

First National Bank Savings and Investment PlanFirst National Bank Savings …$39MConsumers Cooperative Credit Union 401(k) Plan and TrustConsumers Cooperative Credit…$39MGoldsboro Milling Company 401(k) Profit Sharing Plan & TrustGoldsboro Milling Company 40…$39MHealey Brothers, Inc. 401(k) PlanHealey Brothers, Inc. 401(k)…$39MFortegra Financial Corporation 401(k) Savings PlanFortegra Financial Corporati…$39M
End-of-year total assets ($M) among Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$39M
Net Income$3M
Employer EIN560237740
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gmc Legacy, LLC)

Sponsor-wide plan assets over time

All Gmc Legacy, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$40M 12.733970838657555% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $35.6M $40.2M ▲ +12.7%
Year Plans Participants Total Assets
2022 1 324 $36M
2023 1 286 $39M
2024 1 296 $40M

Nearby 401(k) Plans in North Carolina

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

Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.038864016 · Participants: 286Goldsboro Milling Company 401(k) Profit Sharing Plan & TrustThe 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
Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is First National Bank Savings and Investment Plan in ME ($39M); by covered participants it is Northwest Community Credit Union Capital Accumulation Plan in OR (286 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (286 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 Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 9.1% during 2023, from $36M to $39M. Reported net income was $3M.
How have Gmc Legacy, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gmc Legacy, LLC's sponsor-wide assets grew 12.7%, from $36M to $40M.
Where does Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust ranks in the 83rd 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 Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is First National Bank Savings and Investment Plan in ME ($39M, 257 participants).
Which 401(k) plans cover a similar participant headcount to Goldsboro Milling Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Northwest Community Credit Union Capital Accumulation Plan in OR (286 participants, N/A 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 560237740.

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.