401(k) · DOL Form 5500 · 2024

Hickory Springs Manufacturing Company 401(k) Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
1,927
Participants Near avg headcount
88th
Percentile by assets National rank
$38,957
Avg per participant Low balance/head
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Official DOL plan name: Hickory Springs Employees 401(k) Plan · Sponsored by Hickory Springs Manufacturing Company · North Carolina · Manufacturing

$75M in assets, 1,927 participants

Hickory Springs Manufacturing Company's Hickory Springs Employees 401(k) Plan reported $75M in total assets and 1,927 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #14,714 in Manufacturing (17,777 peers)

Coverage in North Carolina

Hickory Springs Employees 401(k) Plan covers 1,927 participants in North Carolina, 2.4x the typical North Carolina plan (state average ~819 per filing). Assets: $75M.

#14,714
in Manufacturing (17,777 peers)
+6.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Hickory Springs Employees 401(k) Plan's outsized position by total assets

Hickory Springs Employees 401(k) Plan vs every filed plan by assets

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

$75,069,687 Top 12% higher than 88% 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

Hickory Springs Employees 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hickory Springs Employees 401(k) Plan lands in the large band (1,927 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hickory Springs Employees 401(k) Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Hickory Springs Employees 401(k) Plan reported participants fell from 2,165 in the plan year 2023 filing to 1,927 in the plan year 2024 filing.
  • Hickory Springs Employees 401(k) Plan end-of-year assets rose from $71M in the plan year 2023 filing to $75M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 560494395 · Hickory Springs Manufacturing Company PY 2024 · 401(k)

Hickory Springs Employees 401(k) Plan · $75M · 1,927 · 88th

  • 5500 $75M
  • ASSETS 1,927
  • PCT 88th
  • EIN 401(k)
  • RANK near Lisle Corporation Employees' Profit Sharing Retirement Plan
  • PHOTO ind #14714

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 →

Hickory Springs Employees 401(k) Plan in the asset neighbourhood

Richards Manufacturing 401(k) PlanRichards Manufacturing 401(k…$75MLisle Corporation Employees' Profit Sharing Retirement PlanLisle Corporation Employees'…$75MThe World Group Savings and Investment PlanThe World Group Savings and …$75MHickory Springs Employees 401(k) PlanHickory Springs Employees 40…$75MRed Spot Paint & Varnish Company, Inc. Employees' 401(k) Savings PlanRed Spot Paint & Varnish Com…$75M
End-of-year total assets ($M) among Hickory Springs Employees 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)$71M
Net Assets (End of Year)$75M
Net Income$4M
Employer EIN560494395
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hickory Springs Manufacturing Company)

Sponsor-wide plan assets over time

All Hickory Springs Manufacturing Company plans reported in each filing year

Latest sponsor-wide plan assets
$137M 28.162835370495433% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $190M $137M ▼ -28.2%
Year Plans Participants Total Assets
2022 2 2,720 $190M
2023 2 2,524 $132M
2024 2 2,254 $137M

Nearby 401(k) Plans in North Carolina

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

Hickory Springs Employees 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Hickory Springs Employees 401(k) Plan, Total assets ($B): 0.075069687 · Participants: 1927Hickory Springs Employees 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
Hickory Springs Employees 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Hickory Springs Employees 401(k) Plan side-by-side with 3 peers →

Hickory Springs Employees 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Lisle Corporation Employees' Profit Sharing Retirement Plan in IA ($75M); by covered participants it is Meritage Homes Corporation 401(k) Savings Plan in AZ (1,927 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,927 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 Hickory Springs Employees 401(k) Plan assets move in 2024? ▼
Hickory Springs Employees 401(k) Plan grew at a solid clip - up 6.3% during 2024, from $71M to $75M. Reported net income was $4M.
How have Hickory Springs Manufacturing Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hickory Springs Manufacturing Company's sponsor-wide assets declined 28.2%, from $190M to $137M.
Where does Hickory Springs Employees 401(k) Plan rank by assets among Form 5500 filers? ▼
Hickory Springs Employees 401(k) Plan ranks in the 88th 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 Hickory Springs Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lisle Corporation Employees' Profit Sharing Retirement Plan in IA ($75M, 285 participants).
Which 401(k) plans cover a similar participant headcount to Hickory Springs Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Meritage Homes Corporation 401(k) Savings Plan in AZ (1,927 participants, $210M 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 560494395.

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.