401(k) · DOL Form 5500 · 2024

Team Carolinas, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
398
Participants Below avg headcount
28th
Percentile by assets National rank
$4,265
Avg per participant Low balance/head
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Official DOL plan name: Team Carolinas Inc. 401(k) Plan · Sponsored by Team Carolinas, Inc. · North Carolina · Retail Trade

$2M in assets, 398 participants

Team Carolinas, Inc.'s Team Carolinas Inc. 401(k) Plan reported $2M in total assets and 398 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #3,260 in Retail Trade (8,048 peers)

Coverage in North Carolina

Team Carolinas Inc. 401(k) Plan covers 398 participants in North Carolina, about 49% of the average North Carolina filer (state average ~819 per filing). Assets: $2M.

#3,260
in Retail Trade (8,048 peers)
+10.7%
assets growth YoY

Team Carolinas Inc. 401(k) Plan among the smaller filed plans by assets

Team Carolinas Inc. 401(k) Plan vs every filed plan by assets

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

$1,697,406 28th percentile higher than 28% 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

Team Carolinas Inc. 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. Team Carolinas Inc. 401(k) Plan sits mid-pack in the medium band (398 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Team Carolinas Inc. 401(k) Plan reported net income fell from $294K in the plan year 2023 filing to $164K in the plan year 2024 filing.
  • Team Carolinas Inc. 401(k) Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Team Carolinas Inc. 401(k) Plan reported participants fell from 428 in the plan year 2023 filing to 398 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 561854397 · Team Carolinas, Inc. PY 2024 · 401(k)

Team Carolinas Inc. 401(k) Plan · $2M · 398 · 28th

  • SCH $2M
  • EBSA 398
  • PART 28th
  • TYPE 401(k)
  • NET near Greenwood Gulch Ventures 401(k) Plan
  • BOOK ind #3260

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 Retail Trade retirement plans → · Plans in North Carolina →

Team Carolinas Inc. 401(k) Plan in the asset neighbourhood

Team Carolinas Inc. 401(k) PlanTeam Carolinas Inc. 401(k) P…$2MGreenwood Gulch Ventures 401(k) PlanGreenwood Gulch Ventures 401…$2MWest Coast Fitness LLC 401(k) PlanWest Coast Fitness LLC 401(k…$2M403(b) Thrift Plan for Employees of Economic Opportunities Council403(b) Thrift Plan for Emplo…$2MClinical Pathology Assoc. 401(k) Profit Sharing PlanClinical Pathology Assoc. 40…$2M
End-of-year total assets ($M) among Team Carolinas Inc. 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)$2M
Net Assets (End of Year)$2M
Net Income$164K
Employer EIN561854397
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Team Carolinas, Inc.)

Sponsor-wide plan assets over time

All Team Carolinas, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 92.75210378618861% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $1.68M $3.23M ▲ +92.3%
Year Plans Participants Total Assets
2022 1 411 $2M
2023 1 428 $2M
2024 2 489 $3M

Nearby 401(k) Plans in North Carolina

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

Team Carolinas Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Team Carolinas Inc. 401(k) Plan, Total assets ($B): 0.001697406 · Participants: 398Team Carolinas Inc. 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
Team Carolinas Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Team Carolinas Inc. 401(k) Plan side-by-side with 3 peers →

Team Carolinas Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Greenwood Gulch Ventures 401(k) Plan in CO ($2M); by covered participants it is Hoover Treated Wood Products, Inc. 401(k) Retirement Plan in GA (398 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (398 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 Team Carolinas Inc. 401(k) Plan assets move in 2024? ▼
Team Carolinas Inc. 401(k) Plan grew at a solid clip - up 10.7% during 2024, from $2M to $2M. Reported net income was $164K.
How have Team Carolinas, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Team Carolinas, Inc.'s sponsor-wide assets grew 92.8%, from $2M to $3M.
Which 401(k) plans are similar in size to Team Carolinas Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Greenwood Gulch Ventures 401(k) Plan in CO ($2M, 2 participants).
Which 401(k) plans cover a similar participant headcount to Team Carolinas Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hoover Treated Wood Products, Inc. 401(k) Retirement Plan in GA (398 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 561854397.

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.