401(k) · DOL Form 5500 · 2024

H.W. Culp Lumber Company 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
132
Participants Small participant base
78th
Percentile by assets National rank
$241,572
Avg per participant Above avg balance/head
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Official DOL plan name: H.W. Culp Lumber Company Profit Sharing Plan · Sponsored by H.W. Culp Lumber Company · North Carolina · Manufacturing

$32M in assets, 132 participants

H.W. Culp Lumber Company's H.W. Culp Lumber Company Profit Sharing Plan reported $32M in total assets and 132 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #12,437 in Manufacturing (17,777 peers)

Coverage in North Carolina

H.W. Culp Lumber Company Profit Sharing Plan covers 132 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $32M.

#12,437
in Manufacturing (17,777 peers)
+9.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

H.W. Culp Lumber Company Profit Sharing Plan's outsized position by total assets

H.W. Culp Lumber Company Profit Sharing Plan vs every filed plan by assets

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

$31,887,468 Top 22% higher than 78% 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

H.W. Culp Lumber Company 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. H.W. Culp Lumber Company Profit Sharing Plan sits mid-pack in the medium band (132 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • H.W. Culp Lumber Company Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • H.W. Culp Lumber Company Profit Sharing Plan end-of-year assets rose from $29M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • H.W. Culp Lumber Company Profit Sharing Plan reported participants rose from 126 in the plan year 2023 filing to 132 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 560193850 · H.W. Culp Lumber Company PY 2024 · 401(k)

H.W. Culp Lumber Company Profit Sharing Plan · $32M · 132 · 78th

  • NET $32M
  • BOOK 132
  • VS-ST 78th
  • BOY 401(k)
  • SCH near Victrex USA, Inc. 401(k) Retirement Plan
  • EBSA ind #12437

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 →

H.W. Culp Lumber Company Profit Sharing Plan in the asset neighbourhood

H.W. Culp Lumber Company Profit Sharing PlanH.W. Culp Lumber Company Pro…$32MVictrex USA, Inc. 401(k) Retirement PlanVictrex USA, Inc. 401(k) Ret…$32MValtech 401(k) Savings Plan$32MTwin Cities Public Television 401(k) PlanTwin Cities Public Televisio…$32MMaronda, Inc. Profit Sharing PlanMaronda, Inc. Profit Sharing…$32M
End-of-year total assets ($M) among H.W. Culp Lumber Company 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)$29M
Net Assets (End of Year)$32M
Net Income$3M
Employer EIN560193850
Plan Effective Date1969-12-23
Filing StatusFILING RECEIVED

Sponsor Plan History (H.W. Culp Lumber Company)

Sponsor-wide plan assets over time

All H.W. Culp Lumber Company plans reported in each filing year

Latest sponsor-wide plan assets
$32M 24.213628099953592% vs 2022
2024 filing year
$24M$26M$28M$30M$32M$34M 202220232024 $25.7M $31.9M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 125 $26M
2023 1 126 $29M
2024 1 132 $32M

Nearby 401(k) Plans in North Carolina

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

H.W. Culp Lumber Company Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants H.W. Culp Lumber Company Profit Sharing Plan, Total assets ($B): 0.031887468 · Participants: 132H.W. Culp Lumber Company 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
H.W. Culp Lumber Company Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare H.W. Culp Lumber Company Profit Sharing Plan side-by-side with 3 peers →

H.W. Culp Lumber Company Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Victrex USA, Inc. 401(k) Retirement Plan in PA ($32M); by covered participants it is Oiwk 401(k) Profit Sharing Plan in KY (132 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (132 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 H.W. Culp Lumber Company Profit Sharing Plan assets move in 2024? ▼
H.W. Culp Lumber Company Profit Sharing Plan grew at a solid clip - up 9.8% during 2024, from $29M to $32M. Reported net income was $3M.
How have H.W. Culp Lumber Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), H.W. Culp Lumber Company's sponsor-wide assets grew 24.2%, from $26M to $32M.
Where does H.W. Culp Lumber Company Profit Sharing Plan rank by assets among Form 5500 filers? ▼
H.W. Culp Lumber Company Profit Sharing Plan ranks in the 78th 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 H.W. Culp Lumber Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Victrex USA, Inc. 401(k) Retirement Plan in PA ($32M, 86 participants).
Which 401(k) plans cover a similar participant headcount to H.W. Culp Lumber Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oiwk 401(k) Profit Sharing Plan in KY (132 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 560193850.

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.