401(k)
2023 plan-year 401(k) DOL Form 5500

PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

ITG BRANDS, LLC

This 401(k) plan holds $102M in total assets and serves 283 participants as of 2023. It is sponsored by ITG BRANDS, LLC in North Carolina. The plan reported positive net income of $8M for the year.

Total Assets (2023)
$102M
Participants
283
Industry
Manufacturing

What the Filing Says About PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES

PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES is a 401(k) retirement plan sponsored by ITG BRANDS, LLC, headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $102M in total end-of-year assets and covers 283 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 942994213, and the plan has been effective since 1970-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $94M at the beginning of 2023 to $102M at year-end — a gain of 8.1%. Net assets (after liabilities) closed the year at $102M, with reported net income of $8M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$94M
Total Assets (End of Year)$102M
Net Assets (End of Year)$102M
Net Income$8M
Plan Type401(k)
Employer EIN942994213
Plan Effective Date1970-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (ITG BRANDS, LLC)

Year Plans Participants Total Assets
2022 3 2,526 $875M
2023 3 2,061 $907M
2024 2 1,785 $729M

Nearby 401(k) Plans in North Carolina

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Frequently Asked Questions

How much money is in the PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES?
As of the 2023 Form 5500 filing, PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES holds $102M in total assets with 283 participants. It is sponsored by ITG BRANDS, LLC.
What type of plan is PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES?
PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES is a 401(k) plan. It has been effective since 1970-09-01. The plan is filed with the U.S. Department of Labor under EIN 942994213.
Who sponsors the PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES?
PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES is sponsored by ITG BRANDS, LLC, located in North Carolina. The sponsor's EIN is 942994213 and the plan operates in the Manufacturing industry.
How did PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES perform in 2023?
PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES grew by 8.1% during 2023, moving from $94M to $102M in total assets. Net income was $8M.
Where can I find official filings for PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES?
Official Form 5500 filings for PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 942994213 or plan name at efast.dol.gov.
How does PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES compare to other plans?
You can compare PROFIT SHARING PLAN FOR ITG BRANDS, LLC HOURLY PAID EMPLOYEES against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 942994213.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.