401(k) · DOL Form 5500 · 2024

Hornets Basketball, LLC 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
284
Participants Below avg headcount
73rd
Percentile by assets National rank
$83,410
Avg per participant Below avg balance/head
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Official DOL plan name: Hornets Basketball, LLC 401(k) Plan · Sponsored by Hornets Basketball, LLC · North Carolina · Arts, Entertainment & Recreation

$24M in assets, 284 participants

Hornets Basketball, LLC's Hornets Basketball, LLC 401(k) Plan reported $24M in total assets and 284 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #2,453 in Arts, Entertainment & Recreation (2,921 peers)

Coverage in North Carolina

Hornets Basketball, LLC 401(k) Plan covers 284 participants in North Carolina, about 35% of the average North Carolina filer (state average ~819 per filing). Assets: $24M.

#2,453
in Arts, Entertainment & Recreation (2,921 peers)
+14.8%
assets growth YoY

Hornets Basketball, LLC 401(k) Plan's outsized position by total assets

Hornets Basketball, LLC 401(k) Plan vs every filed plan by assets

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

$23,688,560 Top 27% higher than 73% 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

Hornets Basketball, LLC 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. Hornets Basketball, LLC 401(k) Plan sits mid-pack in the medium band (284 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hornets Basketball, LLC 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Hornets Basketball, LLC 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Hornets Basketball, LLC 401(k) Plan reported participants rose from 278 in the plan year 2023 filing to 284 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 743074438 · Hornets Basketball, LLC PY 2024 · 401(k)

Hornets Basketball, LLC 401(k) Plan · $24M · 284 · 73rd

  • TYPE $24M
  • TYPE 284
  • TYPE 73rd
  • TYPE 401(k)
  • TYPE near Beltmann Group Incorporated 401(k) Savings and Retirement Plan Trust Agreement
  • TYPE ind #2453

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 Arts, Entertainment & Recreation retirement plans → · Plans in North Carolina →

Hornets Basketball, LLC 401(k) Plan in the asset neighbourhood

Hornets Basketball, LLC 401(k) PlanHornets Basketball, LLC 401(…$24MBeltmann Group Incorporated 401(k) Savings and Retirement Plan Trust AgreementBeltmann Group Incorporated …$24MBessemer Management Company 401(k) PlanBessemer Management Company …$24MAmarin Pharma Inc. 401(k) PlanAmarin Pharma Inc. 401(k) Pl…$24MDominion Technologies Group, Inc. Employees' Profit Sharing TrustDominion Technologies Group,…$24M
End-of-year total assets ($M) among Hornets Basketball, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$3M
Employer EIN743074438
Plan Effective Date2003-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hornets Basketball, LLC)

Sponsor-wide plan assets over time

All Hornets Basketball, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$24M 37.18331689234086% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $17.3M $23.7M ▲ +37.2%
Year Plans Participants Total Assets
2022 1 239 $17M
2023 1 278 $21M
2024 1 284 $24M

Nearby 401(k) Plans in North Carolina

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

Hornets Basketball, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Hornets Basketball, LLC 401(k) Plan, Total assets ($B): 0.02368856 · Participants: 284Hornets Basketball, LLC 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
Hornets Basketball, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Hornets Basketball, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Beltmann Group Incorporated 401(k) Savings and Retirement Plan Trust Agreement in MN ($24M); by covered participants it is Crown/Loyal 401(k) Plan in NH (284 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (284 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 Hornets Basketball, LLC 401(k) Plan assets move in 2024?
Hornets Basketball, LLC 401(k) Plan grew at a solid clip - up 14.8% during 2024, from $21M to $24M. Reported net income was $3M.
How have Hornets Basketball, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hornets Basketball, LLC's sponsor-wide assets grew 37.2%, from $17M to $24M.
Which 401(k) plans are similar in size to Hornets Basketball, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Beltmann Group Incorporated 401(k) Savings and Retirement Plan Trust Agreement in MN ($24M, 574 participants).
Which 401(k) plans cover a similar participant headcount to Hornets Basketball, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Crown/Loyal 401(k) Plan in NH (284 participants, $16M in assets).