401(k) · DOL Form 5500 · 2024

Tobacco Rag Processors Inc 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
120
Participants Small participant base
52nd
Percentile by assets National rank
$68,404
Avg per participant Below avg balance/head
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Official DOL plan name: Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan · Sponsored by Tobacco Rag Processors Inc · North Carolina · Manufacturing

$8M in assets, 120 participants

Tobacco Rag Processors Inc's Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan reported $8M in total assets and 120 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,427 in Manufacturing (17,777 peers)

Coverage in North Carolina

Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan covers 120 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#6,427
in Manufacturing (17,777 peers)
+18.8%
assets growth YoY

Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan's mid-pack asset rank among Manufacturing and all filers

Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan vs every filed plan by assets

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

$8,208,461 Top 48% higher than 52% 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

Tobacco Rag Processors, Inc. 401(k) Safe Harbor 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. Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan sits mid-pack in the medium band (120 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2024

  • Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2024 filing.
  • Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan end-of-year assets rose from $5M in the plan year 2022 filing to $8M in the plan year 2024 filing.
  • Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan reported participants fell from 122 in the plan year 2022 filing to 120 in the plan year 2024 filing.

See the national 2022→2024 release diff →

Plan-year Form 5500 strip

Filing strip 562203637 · Tobacco Rag Processors Inc PY 2024 · 401(k)

Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan · $8M · 120 · 52nd

  • PCT $8M
  • PCT 120
  • PCT 52nd
  • PCT 401(k)
  • PCT near Employees' Savings, Profit Sharing and Retirement Plan of Warwick Publishing Company
  • PCT ind #6427

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 →

Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan in the asset neighbourhood

Tobacco Rag Processors, Inc. 401(k) Safe Harbor PlanTobacco Rag Processors, Inc.…$8MEmployees' Savings, Profit Sharing and Retirement Plan of Warwick Publishing CompanyEmployees' Savings, Profit S…$8MAlvarez-Glasman & Colvin 401(k) PlanAlvarez-Glasman & Colvin 401…$8MSolo.Io 401(k) Plan$8MMeridian Trust Federal Credit Union Retirement Savings PlanMeridian Trust Federal Credi…$8M
End-of-year total assets ($M) among Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN562203637
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tobacco Rag Processors Inc)

Sponsor-wide plan assets over time

All Tobacco Rag Processors Inc plans reported in each filing year

Latest sponsor-wide plan assets
$96M 116.64860322969186% vs 2022
2024 filing year
$20M$40M$60M$80M$100M$120M 202220232024 $44.2M $95.8M ▲ +116.7%
Year Plans Participants Total Assets
2022 2 285 $44M
2023 1 168 $49M
2024 2 311 $96M

Nearby 401(k) Plans in North Carolina

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

Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan, Total assets ($B): 0.008208461 · Participants: 120Tobacco Rag Processors, Inc. 401(k) Safe Harbor 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
Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan side-by-side with 3 peers →

Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Employees' Savings, Profit Sharing and Retirement Plan of Warwick Publishing Company in IL ($8M); by covered participants it is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 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 Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan assets move in 2024? ▼
Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan grew sharply - up 18.8% during 2024, from $7M to $8M. Reported net income was $1M.
How have Tobacco Rag Processors Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tobacco Rag Processors Inc's sponsor-wide assets grew 116.6%, from $44M to $96M.
Which 401(k) plans are similar in size to Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan? ▼
Among 401(k) plans in other states, the closest by assets is Employees' Savings, Profit Sharing and Retirement Plan of Warwick Publishing Company in IL ($8M, 57 participants).
Which 401(k) plans cover a similar participant headcount to Tobacco Rag Processors, Inc. 401(k) Safe Harbor Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (120 participants, $738K 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 562203637.

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.