401(k) · DOL Form 5500 · 2024
National Spinning Co., Inc. 401(k) Plan
Data updated 2026-08-25
- $7M
- Total assets Small plan by assets
- 241
- Participants Below avg headcount
- 48th
- Percentile by assets National rank
- $29,209
- Avg per participant Low balance/head
Official DOL plan name: National Spinning Co., Inc. 401(k) Plan · Sponsored by National Spinning Co., Inc. · North Carolina · Manufacturing
$7M in assets, 241 participants
National Spinning Co., Inc.'s National Spinning Co., Inc. 401(k) Plan reported $7M in total assets and 241 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.
- #5,767 in Manufacturing (17,777 peers)
Coverage in North Carolina
National Spinning Co., Inc. 401(k) Plan covers 241 participants in North Carolina, about 29% of the average North Carolina filer (state average ~819 per filing). Assets: $7M.
- #5,767
- in Manufacturing (17,777 peers)
- -10.1%
- assets change YoY
The plan reported a net loss of $792K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
National Spinning Co., Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers
National Spinning Co., Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$7,039,294 48th percentile higher than 48% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
National Spinning Co., Inc. 401(k) 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. National Spinning Co., Inc. 401(k) Plan sits mid-pack in the medium band (241 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- National Spinning Co., Inc. 401(k) Plan reported net income fell from -$201K in the plan year 2023 filing to -$792K in the plan year 2024 filing.
- National Spinning Co., Inc. 401(k) Plan end-of-year assets fell from $8M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- National Spinning Co., Inc. 401(k) Plan reported participants fell from 245 in the plan year 2023 filing to 241 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 111117990 · National Spinning Co., Inc. PY 2024 · 401(k)
National Spinning Co., Inc. 401(k) Plan · $7M · 241 · 48th
- RANK $7M
- PHOTO 241
- IND 48th
- EOY 401(k)
- 5500 near Konterra Realty, LLC 401(k) Profit Sharing Plan
- ASSETS ind #5767
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 →
National Spinning Co., Inc. 401(k) Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $7M |
| Net Income | -$792K |
| Employer EIN | 111117990 |
| Plan Effective Date | 1955-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (National Spinning Co., Inc.)
Sponsor-wide plan assets over time
All National Spinning Co., Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $12M 7.440201073008142% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 583 | $11M |
| 2023 | 2 | 476 | $14M |
| 2024 | 2 | 399 | $12M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
National Spinning Co., Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Konterra Realty, LLC 401(k) Profit Sharing Plan in MD ($7M); by covered participants it is Bbp Retirement Savings Plan in MI (241 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7M here).
Similar participant headcount
Nearest other-state filings by covered participants (241 participants); asset peers above are excluded.
- Bbp Retirement Savings Plan (MI) 241 · 0 off
- Steel and Pipes 1081. 01(D) Retirement Plan (PR) 241 · 0 off
- D. L. George & Sons 401(k) Plan (PA) 241 · 0 off
- Rios, Inc. Retirement Savings Plan (CA) 241 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.