401(k) · DOL Form 5500 · 2024

Beverly Knits Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
220
Participants Below avg headcount
43rd
Percentile by assets National rank
$24,309
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Beverly Knits Inc. 401(k) Profit Sharing Plan · Sponsored by Beverly Knits Inc. · North Carolina · Manufacturing

$5M in assets, 220 participants

Beverly Knits Inc.'s Beverly Knits Inc. 401(k) Profit Sharing Plan reported $5M in total assets and 220 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,666 in Manufacturing (17,777 peers)

Coverage in North Carolina

Beverly Knits Inc. 401(k) Profit Sharing Plan covers 220 participants in North Carolina, about 27% of the average North Carolina filer (state average ~819 per filing). Assets: $5M.

#4,666
in Manufacturing (17,777 peers)
+12.9%
assets growth YoY

Beverly Knits Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Beverly Knits Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$5,348,080 43rd percentile higher than 43% 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

Beverly Knits Inc. 401(k) Profit Sharing 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. Beverly Knits Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (220 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Beverly Knits Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Beverly Knits Inc. 401(k) Profit Sharing Plan reported participants fell from 243 in the plan year 2023 filing to 220 in the plan year 2024 filing.
  • Beverly Knits Inc. 401(k) Profit Sharing Plan reported net income fell from $652K in the plan year 2023 filing to $610K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 561268414 · Beverly Knits Inc. PY 2024 · 401(k)

Beverly Knits Inc. 401(k) Profit Sharing Plan · $5M · 220 · 43rd

  • BOY $5M
  • SCH 220
  • EBSA 43rd
  • PART 401(k)
  • TYPE near Consumer Directed Choices, Inc. 401(k) Plan
  • NET ind #4666

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 Manufacturing retirement plans → · Plans in North Carolina →

Beverly Knits Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Beverly Knits Inc. 401(k) Profit Sharing PlanBeverly Knits Inc. 401(k) Pr…$5MConsumer Directed Choices, Inc. 401(k) PlanConsumer Directed Choices, I…$5MProtec Building Services 401(k) PlanProtec Building Services 401…$5MSarla Consultants, LLC 401(k) PlanSarla Consultants, LLC 401(k…$5MGeneral Mortgage Capital Corpo 401(k) Profit Sharing Plan & TrustGeneral Mortgage Capital Cor…$5M
End-of-year total assets ($M) among Beverly Knits Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$610K
Employer EIN561268414
Plan Effective Date1988-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beverly Knits Inc.)

Sponsor-wide plan assets over time

All Beverly Knits Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 30.895790593364165% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $4.09M $5.35M ▲ +30.8%
Year Plans Participants Total Assets
2022 1 256 $4M
2023 1 243 $5M
2024 1 220 $5M

Nearby 401(k) Plans in North Carolina

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

Beverly Knits Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Beverly Knits Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.00534808 · Participants: 220Beverly Knits Inc. 401(k) Profit Sharing 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
Beverly Knits Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Beverly Knits Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Beverly Knits Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Consumer Directed Choices, Inc. 401(k) Plan in NY ($5M); by covered participants it is Palomar Holdings, Inc. 401(k) Plan in CA (220 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (220 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 Beverly Knits Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Beverly Knits Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 12.9% during 2024, from $5M to $5M. Reported net income was $610K.
How have Beverly Knits Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beverly Knits Inc.'s sponsor-wide assets grew 30.9%, from $4M to $5M.
Which 401(k) plans are similar in size to Beverly Knits Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Consumer Directed Choices, Inc. 401(k) Plan in NY ($5M, 2,603 participants).
Which 401(k) plans cover a similar participant headcount to Beverly Knits Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Palomar Holdings, Inc. 401(k) Plan in CA (220 participants, $20M 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 561268414.

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.