401(k) · DOL Form 5500 · 2024

Piedmont Cheerwine Bottling Company 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
414
Participants Below avg headcount
70th
Percentile by assets National rank
$48,017
Avg per participant Low balance/head
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Official DOL plan name: Cheerwine 401(k) Profit Sharing Plan · Sponsored by Piedmont Cheerwine Bottling Company · North Carolina · Manufacturing

$20M in assets, 414 participants

Piedmont Cheerwine Bottling Company's Cheerwine 401(k) Profit Sharing Plan reported $20M in total assets and 414 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #10,608 in Manufacturing (17,777 peers)

Piedmont Cheerwine Bottling Company multi-year trail

Piedmont Cheerwine Bottling Company's plans moved +36.8% in assets from 2022 to 2024; this filing shows Cheerwine 401(k) Profit Sharing Plan at $20M / 414 participants.

#10,608
in Manufacturing (17,777 peers)
+12.5%
assets growth YoY

Cheerwine 401(k) Profit Sharing Plan's outsized position by total assets

Cheerwine 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,879,193 Top 30% higher than 70% 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

Cheerwine 401(k) 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. Cheerwine 401(k) Profit Sharing Plan sits mid-pack in the medium band (414 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cheerwine 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Cheerwine 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Cheerwine 401(k) Profit Sharing Plan reported participants rose from 382 in the plan year 2023 filing to 414 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 560887444 · Piedmont Cheerwine Bottling Company PY 2024 · 401(k)

Cheerwine 401(k) Profit Sharing Plan · $20M · 414 · 70th

  • RANK $20M
  • PHOTO 414
  • IND 70th
  • EOY 401(k)
  • 5500 near Eastern Shore Anesthesia, P.C. Profit Sharing Plan
  • ASSETS ind #10608

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 →

Cheerwine 401(k) Profit Sharing Plan in the asset neighbourhood

Cheerwine 401(k) Profit Sharing PlanCheerwine 401(k) Profit Shar…$20MEastern Shore Anesthesia, P.C. Profit Sharing PlanEastern Shore Anesthesia, P.…$20MThe Baraboo Bancorporation, Inc. 401(k) Profit Sharing PlanThe Baraboo Bancorporation, …$20MViaero Wireless Technologies, Inc. 401(k) PlanViaero Wireless Technologies…$20MHaraden Motor Car Corp. 401(k) Retirement PlanHaraden Motor Car Corp. 401(…$20M
End-of-year total assets ($M) among Cheerwine 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Piedmont Cheerwine Bottling Company multi-year asset trail

Sponsor-wide plan assets over time

All Piedmont Cheerwine Bottling Company plans reported in each filing year

Latest sponsor-wide plan assets
$20M 36.80930946689345% vs 2022
2024 filing year
$12M$14M$16M$18M$20M$22M 202220232024 $14.5M $19.9M ▲ +36.8%
Year Plans Participants Total Assets
2022 1 335 $15M
2023 1 382 $18M
2024 1 414 $20M

Piedmont Cheerwine Bottling Company filing trail (2024)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN560887444
Plan Effective Date1972-12-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Cheerwine 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Cheerwine 401(k) Profit Sharing Plan, Total assets ($B): 0.019879193 · Participants: 414Cheerwine 401(k) 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
Cheerwine 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Cheerwine 401(k) Profit Sharing Plan side-by-side with 3 peers →

Cheerwine 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Eastern Shore Anesthesia, P.C. Profit Sharing Plan in AL ($20M); by covered participants it is Green Key 401(k) Plan in NY (414 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (414 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 Cheerwine 401(k) Profit Sharing Plan assets move in 2024? ▼
Cheerwine 401(k) Profit Sharing Plan grew at a solid clip - up 12.5% during 2024, from $18M to $20M. Reported net income was $2M.
How have Piedmont Cheerwine Bottling Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Piedmont Cheerwine Bottling Company's sponsor-wide assets grew 36.8%, from $15M to $20M.
Which 401(k) plans are similar in size to Cheerwine 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eastern Shore Anesthesia, P.C. Profit Sharing Plan in AL ($20M, 36 participants).
Which 401(k) plans cover a similar participant headcount to Cheerwine 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Green Key 401(k) Plan in NY (414 participants, $21M 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 560887444.

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.