401(k) · DOL Form 5500 · 2024

T.W. Garner Food Company 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
136
Participants Small participant base
74th
Percentile by assets National rank
$177,087
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan · Sponsored by T.W. Garner Food Company · North Carolina · Manufacturing

$24M in assets, 136 participants

T.W. Garner Food Company's T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan reported $24M in total assets and 136 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,377 in Manufacturing (17,777 peers)

Coverage in North Carolina

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan covers 136 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $24M.

#11,377
in Manufacturing (17,777 peers)
+7.7%
assets growth YoY

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan's outsized position by total assets

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan vs every filed plan by assets

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

$24,083,875 Top 26% higher than 74% 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

T.W. Garner Food Company Employees' 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. T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan sits mid-pack in the medium band (136 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • T.W. Garner Food Company Employees' 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.
  • T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan reported participants rose from 106 in the plan year 2023 filing to 136 in the plan year 2024 filing.
  • T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 560486957 · T.W. Garner Food Company PY 2024 · 401(k)

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan · $24M · 136 · 74th

  • PHOTO $24M
  • PHOTO 136
  • PHOTO 74th
  • PHOTO 401(k)
  • PHOTO near Marksnelson Advisory, LLC 401(k) Plan
  • PHOTO ind #11377

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 →

T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan in the asset neighbourhood

Harmac Medical Products, Inc. Retirement Savings PlanHarmac Medical Products, Inc…$24MT.W. Garner Food Company Employees' 401(k) Profit Sharing PlanT.W. Garner Food Company Emp…$24MMarksnelson Advisory, LLC 401(k) PlanMarksnelson Advisory, LLC 40…$24MDuggal Visual Solutions, Inc. 401(k) PlanDuggal Visual Solutions, Inc…$24MFullerton Tool Co Inc 401(k)$24M
End-of-year total assets ($M) among T.W. Garner Food Company Employees' 401(k) 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)$22M
Net Assets (End of Year)$24M
Net Income$2M
Employer EIN560486957
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (T.W. Garner Food Company)

Sponsor-wide plan assets over time

All T.W. Garner Food Company plans reported in each filing year

Latest sponsor-wide plan assets
$49M 25.219306636061038% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.2M $49M ▲ +25.2%
Year Plans Participants Total Assets
2022 2 175 $39M
2023 2 171 $44M
2024 2 199 $49M

Nearby 401(k) Plans in North Carolina

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

T.W. Garner Food Company Employees' 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 ($B) Participants T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan, Total assets ($B): 0.024083875 · Participants: 136T.W. Garner Food Company Employees' 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
T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

T.W. Garner Food Company Employees' 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 Marksnelson Advisory, LLC 401(k) Plan in KS ($24M); by covered participants it is Coretelligent LLC 401(k) Profit Sharing Plan and Trust in MA (136 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (136 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 T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan assets move in 2024?
T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan grew at a solid clip - up 7.7% during 2024, from $22M to $24M. Reported net income was $2M.
How have T.W. Garner Food Company plan assets changed over time?
Across 3 plan years on file (2022-2024), T.W. Garner Food Company's sponsor-wide assets grew 25.2%, from $39M to $49M.
Which 401(k) plans are similar in size to T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Marksnelson Advisory, LLC 401(k) Plan in KS ($24M, 137 participants).
Which 401(k) plans cover a similar participant headcount to T.W. Garner Food Company Employees' 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Coretelligent LLC 401(k) Profit Sharing Plan and Trust in MA (136 participants, $4M in assets).