401(k) · DOL Form 5500 · 2024

Shelco, LLC 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
137
Participants Small participant base
66th
Percentile by assets National rank
$119,006
Avg per participant Near avg balance/head
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Official DOL plan name: Shelco, LLC 401(k) Plan · Sponsored by Shelco, LLC · North Carolina · Construction

$16M in assets, 137 participants

Shelco, LLC's Shelco, LLC 401(k) Plan reported $16M in total assets and 137 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #5,865 in Construction (9,039 peers)

Coverage in North Carolina

Shelco, LLC 401(k) Plan covers 137 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $16M.

#5,865
in Construction (9,039 peers)
-8.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shelco, LLC 401(k) Plan's mid-pack asset rank among Construction and all filers

Shelco, LLC 401(k) Plan vs every filed plan by assets

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

$16,303,861 Top 34% higher than 66% of 123,620 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 2024

Shelco, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shelco, LLC 401(k) Plan sits mid-pack in the medium band (137 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shelco, LLC 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Shelco, LLC 401(k) Plan end-of-year assets fell from $18M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Shelco, LLC 401(k) Plan reported participants rose from 132 in the plan year 2023 filing to 137 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 561190111 · Shelco, LLC PY 2024 · 401(k)

Shelco, LLC 401(k) Plan · $16M · 137 · 66th

  • IND $16M
  • EOY 137
  • 5500 66th
  • ASSETS 401(k)
  • PCT near Comprehensive Logistics Co., LLC Employee Retirement Plan
  • EIN ind #5865

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 Construction retirement plans → · Plans in North Carolina →

Shelco, LLC 401(k) Plan in the asset neighbourhood

Shelco, LLC 401(k) Plan$16MComprehensive Logistics Co., LLC Employee Retirement PlanComprehensive Logistics Co.,…$16MHurst Boiler & Welding Co., Inc. 401(k) PlanHurst Boiler & Welding Co., …$16MDnanexus, Inc. 401(k) Plan$16MCutter Aviation Retirement Savings Plan and TrustCutter Aviation Retirement S…$16M
End-of-year total assets ($M) among Shelco, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$16M
Net Income-$1M
Employer EIN561190111
Plan Effective Date1997-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shelco, LLC)

Sponsor-wide plan assets over time

All Shelco, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$16M 11.852976570704218% vs 2022
2024 filing year
$14M$15M$16M$17M$18M$19M 202220232024 $14.6M $16.3M ▲ +11.8%
Year Plans Participants Total Assets
2022 1 162 $15M
2023 1 132 $18M
2024 1 137 $16M

Nearby 401(k) Plans in North Carolina

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

Shelco, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Shelco, LLC 401(k) Plan, Total assets ($B): 0.016303861 · Participants: 137Shelco, LLC 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Shelco, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Shelco, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Comprehensive Logistics Co., LLC Employee Retirement Plan in OH ($16M); by covered participants it is Ims Logistics 401(k) Employee Retirement Plan in MS (137 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (137 participants); asset peers above are excluded.

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 Shelco, LLC 401(k) Plan assets move in 2024?
Shelco, LLC 401(k) Plan pulled back noticeably - down 8.2% during 2024, from $18M to $16M. Reported net income was -$1M.
How have Shelco, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Shelco, LLC's sponsor-wide assets grew 11.9%, from $15M to $16M.
Which 401(k) plans are similar in size to Shelco, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Comprehensive Logistics Co., LLC Employee Retirement Plan in OH ($16M, 1,649 participants).
Which 401(k) plans cover a similar participant headcount to Shelco, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ims Logistics 401(k) Employee Retirement Plan in MS (137 participants, $930K in assets).