401(k) · DOL Form 5500 · 2024

Turbocoating Corp. 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
596
Participants Below avg headcount
80th
Percentile by assets National rank
$61,757
Avg per participant Low balance/head
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Official DOL plan name: Lincotek US 401(k) Plan · Sponsored by Turbocoating Corp. · North Carolina · Manufacturing

$37M in assets, 596 participants

Turbocoating Corp.'s Lincotek US 401(k) Plan reported $37M in total assets and 596 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #12,887 in Manufacturing (17,777 peers)

Where Lincotek US 401(k) Plan sits by assets

Lincotek US 401(k) Plan sits in the top quartile of all filed plans by assets, $37M for 596 participants (~$61,757/participant), up 29.4% in 2024.

#12,887
in Manufacturing (17,777 peers)
+29.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Lincotek US 401(k) Plan's outsized position by total assets

Lincotek US 401(k) Plan vs every filed plan by assets

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

$36,807,307 Top 20% higher than 80% 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

Lincotek US 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. Lincotek US 401(k) Plan sits mid-pack in the medium band (596 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lincotek US 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Lincotek US 401(k) Plan reported participants rose from 431 in the plan year 2023 filing to 596 in the plan year 2024 filing.
  • Lincotek US 401(k) Plan end-of-year assets rose from $28M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 990362534 · Turbocoating Corp. PY 2024 · 401(k)

Lincotek US 401(k) Plan · $37M · 596 · 80th

  • SCH $37M
  • SCH 596
  • SCH 80th
  • SCH 401(k)
  • SCH near Fullstory, Inc. 401(k) Plan
  • SCH ind #12887

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 →

Lincotek US 401(k) Plan in the asset neighbourhood

Lincotek US 401(k) Plan$37MFullstory, Inc. 401(k) Plan$37MIntermountain Electronics, Inc. of Price, Utah 401(k) Profit Sharing PlanIntermountain Electronics, I…$37MMack Industries, Inc. 401(k) Profit Sharing PlanMack Industries, Inc. 401(k)…$37MStemline Therapeutics, Inc. 401(k) PlanStemline Therapeutics, Inc. …$37M
End-of-year total assets ($M) among Lincotek US 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$37M
Net Income$1M
Employer EIN990362534
Plan Effective Date2011-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Turbocoating Corp.)

Sponsor-wide plan assets over time

All Turbocoating Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$37M 54.82527167177131% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $23.8M $36.8M ▲ +54.9%
Year Plans Participants Total Assets
2022 1 411 $24M
2023 1 431 $28M
2024 1 596 $37M

Nearby 401(k) Plans in North Carolina

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

Lincotek US 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Lincotek US 401(k) Plan, Total assets ($B): 0.036807307 · Participants: 596Lincotek US 401(k) 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
Lincotek US 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Lincotek US 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Fullstory, Inc. 401(k) Plan in GA ($37M); by covered participants it is Orthonebraska 401(k) Plan in NE (596 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (596 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 Lincotek US 401(k) Plan assets move in 2024?
Lincotek US 401(k) Plan grew sharply - up 29.4% during 2024, from $28M to $37M. Reported net income was $1M.
How have Turbocoating Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Turbocoating Corp.'s sponsor-wide assets grew 54.8%, from $24M to $37M.
Where does Lincotek US 401(k) Plan rank by assets among Form 5500 filers?
Lincotek US 401(k) Plan ranks in the 80th 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 Lincotek US 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Fullstory, Inc. 401(k) Plan in GA ($37M, 359 participants).
Which 401(k) plans cover a similar participant headcount to Lincotek US 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Orthonebraska 401(k) Plan in NE (596 participants, $98M in assets).