401(k) · DOL Form 5500 · 2024

Bay Cove Consolidated Carolinas, Inc. 401(k) Plan

Data updated 2026-08-25

$73K
Total assets Small plan by assets: 13
Participants Small participant base: 5th
Percentile by assets National rank: $5,628
Avg per participant Low balance/head

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Official DOL plan name: Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan · Sponsored by Bay Cove Consolidated Carolinas, Inc. · North Carolina · Other Services

$73K in assets, 13 participants

Bay Cove Consolidated Carolinas, Inc.'s Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan reported $73K in total assets and 13 participants in its 2024 DOL Form 5500 filing, ranking in the 5th 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.

#742 in Other Services (7,719 peers)

Bay Cove Consolidated Carolinas, Inc. multi-year trail

Bay Cove Consolidated Carolinas, Inc.'s plans moved -39.4% in assets from 2022 to 2024; this filing shows Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan at $73K / 13 participants.

#742
in Other Services (7,719 peers): -29.5%
assets change YoY

The plan reported a net loss of $31K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$73,160 5th percentile higher than 5% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan is a small filing (13 participants) on this national headcount ladder.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan reported net income fell from -$17K in the plan year 2023 filing to -$31K in the plan year 2024 filing.
Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $104K in the plan year 2023 filing to $73K in the plan year 2024 filing.
Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan reported participants rose from 11 in the plan year 2023 filing to 13 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 872309445 · Bay Cove Consolidated Carolinas, Inc. PY 2024 · 401(k)

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan · $73K · 13 · 5th

5500 $73K
5500 13
5500 5th
5500 401(k)
5500 near Lucilda, Inc. 401(k) Profit Sharing Plan
5500 ind #742

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 →

End-of-year total assets ($M) among Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Bay Cove Consolidated Carolinas, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $73K 39.35575855037385% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	10	$121K
2023	1	11	$104K
2024	1	13	$73K

Bay Cove Consolidated Carolinas, Inc. filing trail (2024)

Total Assets (Beginning of Year)	$104K
Net Assets (End of Year)	$73K
Net Income	-$31K
Employer EIN	872309445
Plan Effective Date	2021-08-25
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

The Bank of America 401(k) Plan $62.9B · 168,963
Honeywell 401(k) Plan $16.3B · 39,468
Duke Energy Retirement Savings Plan $11.3B · 27,341
Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699

Compare Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Lucilda, Inc. 401(k) Profit Sharing Plan in TX ($73K); by covered participants it is Kaspien Inc. 401(k) Plan in WA (13 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($73K here).

Lucilda, Inc. 401(k) Profit Sharing Plan (TX) $73K · 1
Lehrian and Palo Oral Surgery PC Employees Profit Sharing Plan and Trust (PA) $73K · 4
Post Secondary Brewing 401(k) (VA) $73K · 1
Triple J Investments Inc. 401(k) Plan (KY) $73K · N/A

Similar participant headcount

Nearest other-state filings by covered participants (13 participants); asset peers above are excluded.

Kaspien Inc. 401(k) Plan (WA) 13 · 0 off
The Stock Exchange Bank 401(k) Plan Tr. (KS) 13 · 0 off
Bznds Enterprise, Inc. 401(k) Plan (MI) 13 · 0 off
Tresfinale, Inc. 401(k) Profit Sharing Plan (TN) 13 · 0 off

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan declined sharply - down 29.5% during 2024, from $104K to $73K. Reported net income was -$31K.

How have Bay Cove Consolidated Carolinas, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bay Cove Consolidated Carolinas, Inc.'s sponsor-wide assets declined 39.4%, from $121K to $73K.

Where does Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan ranks in the 5th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).

Which 401(k) plans are similar in size to Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Lucilda, Inc. 401(k) Profit Sharing Plan in TX ($73K, 1 participant).

Which 401(k) plans cover a similar participant headcount to Bay Cove Consolidated Carolinas, Inc. 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Kaspien Inc. 401(k) Plan in WA (13 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 872309445.