401(k) · DOL Form 5500 · 2024

Builders Mutual Insurance Co. 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
438
Participants Below avg headcount
88th
Percentile by assets National rank
$167,099
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Builders Mutual Insurance Company 401(k) Retirement Plan · Sponsored by Builders Mutual Insurance Co. · North Carolina · Finance & Insurance

$73M in assets, 438 participants

Builders Mutual Insurance Co.'s Builders Mutual Insurance Company 401(k) Retirement Plan reported $73M in total assets and 438 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #6,955 in Finance & Insurance (8,549 peers)

Where Builders Mutual Insurance Company 401(k) Retirement Plan sits by assets

Builders Mutual Insurance Company 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $73M for 438 participants (~$167,099/participant), up 22.1% in 2024.

#6,955
in Finance & Insurance (8,549 peers)
+22.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Builders Mutual Insurance Company 401(k) Retirement Plan's outsized position by total assets

Builders Mutual Insurance Company 401(k) Retirement Plan vs every filed plan by assets

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

$73,189,533 Top 12% higher than 88% 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

Builders Mutual Insurance Company 401(k) Retirement 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. Builders Mutual Insurance Company 401(k) Retirement Plan sits mid-pack in the medium band (438 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Builders Mutual Insurance Company 401(k) Retirement Plan reported net income rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Builders Mutual Insurance Company 401(k) Retirement Plan end-of-year assets rose from $60M in the plan year 2023 filing to $73M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 562046050 · Builders Mutual Insurance Co. PY 2024 · 401(k)

Builders Mutual Insurance Company 401(k) Retirement Plan · $73M · 438 · 88th

  • ASSETS $73M
  • PCT 438
  • EIN 88th
  • RANK 401(k)
  • PHOTO near The American Kennel Club 401(k) Tax Deferred Savings Plan
  • IND ind #6955

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Builders Mutual Insurance Company 401(k) Retirement Plan in the asset neighbourhood

IBEW Local Union No. 60 401(k) PlanIBEW Local Union No. 60 401(…$73MTeachers Federal Credit Union Cash or Deferred Compensation PlanTeachers Federal Credit Unio…$73MIpsoft Incorporated 401(k) PlanIpsoft Incorporated 401(k) P…$73MBuilders Mutual Insurance Company 401(k) Retirement PlanBuilders Mutual Insurance Co…$73MThe American Kennel Club 401(k) Tax Deferred Savings PlanThe American Kennel Club 401…$73M
End-of-year total assets ($M) among Builders Mutual Insurance Company 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$73M
Net Income$13M
Employer EIN562046050
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Builders Mutual Insurance Co.)

Sponsor-wide plan assets over time

All Builders Mutual Insurance Co. plans reported in each filing year

Latest sponsor-wide plan assets
$73M 48.073081279065015% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $49.4M $73.2M ▲ +48.1%
Year Plans Participants Total Assets
2022 1 379 $49M
2023 1 434 $60M
2024 1 438 $73M

Nearby 401(k) Plans in North Carolina

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

Builders Mutual Insurance Company 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Builders Mutual Insurance Company 401(k) Retirement Plan, Total assets ($B): 0.073189533 · Participants: 438Builders Mutual Insurance Company 401(k) Retirement 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
Builders Mutual Insurance Company 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Builders Mutual Insurance Company 401(k) Retirement Plan side-by-side with 3 peers →

Builders Mutual Insurance Company 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The American Kennel Club 401(k) Tax Deferred Savings Plan in NY ($73M); by covered participants it is Forgerock 401(k) Plan in CA (438 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (438 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 Builders Mutual Insurance Company 401(k) Retirement Plan assets move in 2024? ▼
Builders Mutual Insurance Company 401(k) Retirement Plan grew sharply - up 22.1% during 2024, from $60M to $73M. Reported net income was $13M.
How have Builders Mutual Insurance Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Builders Mutual Insurance Co.'s sponsor-wide assets grew 48.1%, from $49M to $73M.
Where does Builders Mutual Insurance Company 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Builders Mutual Insurance Company 401(k) Retirement Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Builders Mutual Insurance Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The American Kennel Club 401(k) Tax Deferred Savings Plan in NY ($73M, 496 participants).
Which 401(k) plans cover a similar participant headcount to Builders Mutual Insurance Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Forgerock 401(k) Plan in CA (438 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 562046050.

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.