401(k) · DOL Form 5500 · 2024

Drs Burrow Welchel & Culp PA 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
217
Participants Below avg headcount
37th
Percentile by assets National rank
$17,297
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust · Sponsored by Drs Burrow Welchel & Culp PA · North Carolina · Healthcare & Social Assistance

$4M in assets, 217 participants

Drs Burrow Welchel & Culp PA's Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust reported $4M in total assets and 217 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #6,521 in Healthcare & Social Assistance (16,916 peers)

Coverage in North Carolina

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust covers 217 participants in North Carolina, about 26% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#6,521
in Healthcare & Social Assistance (16,916 peers)
-22.8%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Healthcare & Social Assistance and all filers

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$3,753,498 37th percentile higher than 37% 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

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust 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. Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (217 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2024

  • Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust reported net income fell from -$253K in the plan year 2022 filing to -$1M in the plan year 2024 filing.
  • Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $1M in the plan year 2022 filing to $4M in the plan year 2024 filing.
  • Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust reported participants rose from 72 in the plan year 2022 filing to 217 in the plan year 2024 filing.

See the national 2022→2024 release diff →

Published 5500 schedule card

Filing strip 560991477 · Drs Burrow Welchel & Culp PA PY 2024 · 401(k)

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust · $4M · 217 · 37th

  • EBSA $4M
  • EBSA 217
  • EBSA 37th
  • EBSA 401(k)
  • EBSA near Das North America, Inc. 401(k) Plan
  • EBSA ind #6521

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 Healthcare & Social Assistance retirement plans → · Plans in North Carolina →

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & TrustDrs Burrow Welchel & Culp PA…$4MDas North America, Inc. 401(k) PlanDas North America, Inc. 401(…$4MO'brien Rivamonte Slate & Schulte PC Profit Sharing Plan & TrustO'brien Rivamonte Slate & Sc…$4MDeveley USA 401(k) Plan$4MVocational Training Center 401(k) PlanVocational Training Center 4…$4M
End-of-year total assets ($M) among Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust 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)$4M
Net Income-$1M
Employer EIN560991477
Plan Effective Date1987-11-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Drs Burrow Welchel & Culp PA)

Sponsor-wide plan assets over time

All Drs Burrow Welchel & Culp PA plans reported in each filing year

Latest sponsor-wide plan assets
$4M 238.3599517182132% vs 2022
2024 filing year
$0M$1M$2M$3M$4M$5M 20222024 $1.11M $3.75M ▲ +237.8%
Year Plans Participants Total Assets
2022 1 72 $1M
2024 1 217 $4M

Nearby 401(k) Plans in North Carolina

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

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.003753498 · Participants: 217Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & 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
Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants

Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Das North America, Inc. 401(k) Plan in AL ($4M); by covered participants it is Bell Pump Service Company, Inc. 401(k) Profit Sharing Plan in CT (217 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (217 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 Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust assets move in 2024?
Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust declined sharply - down 22.8% during 2024, from $5M to $4M. Reported net income was -$1M.
How have Drs Burrow Welchel & Culp PA plan assets changed over time?
Across 2 plan years on file (2022-2024), Drs Burrow Welchel & Culp PA's sponsor-wide assets grew 238.4%, from $1M to $4M.
Which 401(k) plans are similar in size to Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Das North America, Inc. 401(k) Plan in AL ($4M, 417 participants).
Which 401(k) plans cover a similar participant headcount to Drs Burrow Welchel & Culp PA 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Bell Pump Service Company, Inc. 401(k) Profit Sharing Plan in CT (217 participants, N/A in assets).