Profit Sharing · DOL Form 5500 · 2023

Coastal Agrobusiness, Inc. Profit Sharing Plan

Data updated 2026-08-11

$27M
Total assets: 224
Participants: 77th
Percentile by assets: $118,945
Avg per participant

Official DOL plan name: Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan · Sponsored by Coastal Agrobusiness, Inc. · North Carolina · Wholesale Trade

$27M in assets, 224 participants

Coastal Agrobusiness, Inc.'s Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan reported $27M in total assets and 224 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

77th percentile by assets (of 127,072 plans)
#4,811 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan covers 224 participants in North Carolina, about 27% of the average North Carolina filer (state average ~819 per filing). Assets: $27M.

$27M
total plan assets (2023 EOY): 224
covered participants: 77th
percentile by assets (of 127,072 plans): $118,945
avg assets per participant

Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan end-of-year assets rose from $22M in the plan year 2022 filing to $27M in the plan year 2023 filing.
Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan reported participants rose from 202 in the plan year 2022 filing to 224 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

North Carolina

Industry

Wholesale Trade

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan reports 224 participants - about 27% of that state average ($27M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)	$22M
Net Assets (End of Year)	$27M
Net Income	$5M
Employer EIN	560586507
Plan Effective Date	1962-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Coastal Agrobusiness, Inc.)

Total plan assets by year, all Coastal Agrobusiness, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	202	$22M
2023	1	224	$27M
2024	1	224	$28M

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Tax Deferred Savings Plan of Novant Health, Inc. $2.2B · 36,057
Charter Communications, Inc. Retirement Accumulation Plan $1.3B · 96,058
Firsthealth of the Carolinas, Inc. Retirement Growth Plan $108M · 5,519
Baker & Taylor Retirement Savings Plan $67M · 1,361
Intermec Fssp Spinoff Plan $51M · 74

Compare Coastal Agrobusiness, Inc. Employee Prof… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan by total assets, not by location.

Adelphoi USA, Inc. Tax Deferred Annuity Plan (PA) $27M · 630
Laborers Union Local No. 1174 Annuity Fund (PA) $27M · 837
Dividend Investors, Ltd. Profit Sharing Plan (CA) $27M · N/A
Impax Asset Management 401(k) Retirement Plan (NH) $27M · 103

Frequently Asked Questions

How did Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan assets move in 2023? ▼

Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan grew sharply - up 22.2% during 2023, from $22M to $27M. Reported net income was $5M.

How have Coastal Agrobusiness, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Coastal Agrobusiness, Inc.'s sponsor-wide assets grew 29.1%, from $22M to $28M.

Where does Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan rank by assets among Form 5500 filers? ▼

Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan ranks in the 77th 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 Profit Sharing plans are similar in size to Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Adelphoi USA, Inc. Tax Deferred Annuity Plan in PA ($27M, 630 participants).

Next read for Coastal Agrobusiness, Inc. Employee Prof…

Filing takeaways

Ways to act on Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan's numbers.

By total assets, Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in North Carolina. Compare plans
Coastal Agrobusiness, Inc.'s sponsor-wide assets have grown 29.1% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 560586507.