Halifax Linen Service, Inc. 401(k) Plan

401(k) · DOL Form 5500 · 2024

What the Filing Says About Halifax Linen Service, Inc. 401(k) Plan

Halifax Linen Service, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Halifax Linen Service, Inc., headquartered in North Carolina. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 94 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 561068119, and the plan has been effective since 1997-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $3M at the beginning of 2024 to $4M at year-end - up 26.0%. Net assets (after liabilities) closed the year at $4M, with reported net income of $881K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Halifax Linen Service, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.