401(k) · DOL Form 5500 · 2024

Ingles Markets, Incorporated 401(k) Plan

Data updated 2026-08-06

$197M
Total assets
17,509
Participants
94th
Percentile by assets
$11,239
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Ingles Markets, Incorporated Investment/Profit Sharing Plan · Sponsored by Ingles Markets, Incorporated · North Carolina · Retail Trade

$197M in assets, 17,509 participants

Ingles Markets, Incorporated's Ingles Markets, Incorporated Investment/Profit Sharing Plan reported $197M in total assets and 17,509 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 116,472 plans)
  • #7,369 in Retail Trade (7,620 peers)

Coverage in North Carolina

Ingles Markets, Incorporated Investment/Profit Sharing Plan covers 17,509 participants in North Carolina, 21x the typical North Carolina plan (state average ~846 per filing). Assets: $197M.

$197M
total plan assets (2024 EOY)
17,509
covered participants
94th
percentile by assets (of 116,472 plans)
$11,239
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ingles Markets, Incorporated Investment/Profit Sharing Plan reported net income fell from $21M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Ingles Markets, Incorporated Investment/Profit Sharing Plan end-of-year assets rose from $182M in the plan year 2023 filing to $197M in the plan year 2024 filing.
  • Ingles Markets, Incorporated Investment/Profit Sharing Plan reported participants rose from 16,715 in the plan year 2023 filing to 17,509 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Ingles Markets, Incorporated Investment/Profit Sharing Plan reports 17,509 participants - 21x that state average ($197M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$182M
Net Assets (End of Year)$197M
Net Income$15M
Employer EIN560846267
Plan Effective Date1972-09-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Ingles Markets, Incorporated)

$140M$160M$180M$200M$220M 202220232024 $161M $197M ▲ +21.9%
Total plan assets by year, all Ingles Markets, Incorporated plans on file
Year Plans Participants Total Assets
2022 1 13,895 $161M
2023 1 16,715 $182M
2024 1 17,509 $197M

Nearby 401(k) Plans in North Carolina

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

Ingles Markets, Incorporated Investment/Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Ingles Markets, Incorporated Investment/Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -20020406080 Total assets ($B) Participants Ingles Markets, Inco…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Nucor Corporation Pr…Truist Financial Cor…
Ingles Markets, Incorporated Investment/Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scale composition for Ingles Markets, Incorporated Investment/Profit Sharing Plan

Ingles Markets, Incorporated Investment/Profit Sharing Plan reports $197M in end-of-year assets across 17,509 participants (0.002% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.019% of 89,805,449 covered participants) - about $11,239 per participant (8% of the national average assets-per-participant) . Net income for plan year 2024 was $15M.

This plan identity (EIN 560846267, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $161M to $197M (+21.9%) while covered participants moved from 13,895 to 17,509 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,895 $161M Open filing
2023 16,715 $182M Open filing
2024 · index core 17,509 $197M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ingles Markets, Incorporated Investment/Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Ingles Markets, Incorporated Investment/Profit Sharing Plan assets move in 2024?
Ingles Markets, Incorporated Investment/Profit Sharing Plan grew at a solid clip - up 8.2% during 2024, from $182M to $197M. Reported net income was $15M.
How have Ingles Markets, Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Ingles Markets, Incorporated's sponsor-wide assets grew 21.9%, from $161M to $197M.
Where does Ingles Markets, Incorporated Investment/Profit Sharing Plan rank by assets among Form 5500 filers?
Ingles Markets, Incorporated Investment/Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ingles Markets, Incorporated Investment/Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Geisinger Health Plan 401(k) Savings Plan in PA ($197M, 1,857 participants).

Next read for Ingles Markets, Incorporated Investment/…

Filing takeaways

Ways to act on Ingles Markets, Incorporated Investment/Profit Sharing Plan's numbers.

  • By total assets, Ingles Markets, Incorporated Investment/Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • Ingles Markets, Incorporated's sponsor-wide assets have grown 21.9% since 2022 across 3 plan years on file. More Retail Trade plans