401(k) · DOL Form 5500 · 2024

Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
25
Participants Small participant base
49th
Percentile by assets National rank
$296,808
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust · Sponsored by Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. · North Carolina · Professional & Technical Services

$7M in assets, 25 participants

Gray, Layton , Kersh, Solomon, Furr & Smith, P.a.'s Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust reported $7M in total assets and 25 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #9,601 in Professional & Technical Services (20,173 peers)

2024 asset change

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust grew at a solid clip 8.5% in 2024 ($7M → $7M) for 25 participants.

#9,601
in Professional & Technical Services (20,173 peers)
+8.5%
assets growth YoY

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Professional & Technical Services and all filers

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$7,420,197 49th percentile higher than 49% 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

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust is a small filing (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust reported net income rose from -$567K in the plan year 2023 filing to $584K in the plan year 2024 filing.
  • Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust reported participants rose from 24 in the plan year 2023 filing to 25 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 561744631 · Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. PY 2024 · 401(k)

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust · $7M · 25 · 49th

  • EBSA $7M
  • EBSA 25
  • EBSA 49th
  • EBSA 401(k)
  • EBSA near Lw Management, Inc. 401(k) Plan
  • EBSA ind #9601

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and TrustGray, Layton, Kersh, Solomon…$7MLw Management, Inc. 401(k) PlanLw Management, Inc. 401(k) P…$7MConcord Publishing House, Inc. 401(k) Retirement PlanConcord Publishing House, In…$7MGo Mortgage, LLC 401(k) Profit Sharing PlanGo Mortgage, LLC 401(k) Prof…$7MIpc Retirement Readiness Plan$7M
End-of-year total assets ($M) among Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. years around the 2024 move

Sponsor-wide plan assets over time

All Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 0.22669271230813243% vs 2022
2024 filing year
$6.6M$6.8M$7M$7.2M$7.4M$7.6M 202220232024 $7.4M $7.42M ▲ +0.3%
Year Plans Participants Total Assets
2022 1 25 $7M
2023 1 24 $7M
2024 1 25 $7M

2024 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$584K
Employer EIN561744631
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.007420197 · Participants: 25Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and TrustThe 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
Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Lw Management, Inc. 401(k) Plan in MN ($7M); by covered participants it is Idaho Skin Surgery Center 401(k) Plan in ID (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 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 Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust assets move in 2024?
Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 8.5% during 2024, from $7M to $7M. Reported net income was $584K.
How have Gray, Layton , Kersh, Solomon, Furr & Smith, P.a. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gray, Layton , Kersh, Solomon, Furr & Smith, P.a.'s sponsor-wide assets grew 0.2%, from $7M to $7M.
Which 401(k) plans are similar in size to Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Lw Management, Inc. 401(k) Plan in MN ($7M, 467 participants).
Which 401(k) plans cover a similar participant headcount to Gray, Layton, Kersh, Solomon, Furr & Smith 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Idaho Skin Surgery Center 401(k) Plan in ID (25 participants, $2M in assets).