401(k) · DOL Form 5500 · 2024

Hoist & Crane Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$311K
Total assets Small plan by assets: N/A
Participants Small participant base: 14th
Percentile by assets National rank

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Official DOL plan name: Hoist & Crane Systems, Inc. 401 K Plan · Sponsored by Hoist & Crane Systems, Inc. · North Carolina · Manufacturing

$311K in assets, N/A participants

Hoist & Crane Systems, Inc.'s Hoist & Crane Systems, Inc. 401 K Plan reported $311K in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 14th 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.

#933 in Manufacturing (17,777 peers)

Hoist & Crane Systems, Inc. multi-year trail

Hoist & Crane Systems, Inc.'s plans moved -79.3% in assets from 2022 to 2024; this filing shows Hoist & Crane Systems, Inc. 401 K Plan at $311K / N/A participants.

#933
in Manufacturing (17,777 peers): -22.4%
assets change YoY

The plan reported a net loss of $90K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hoist & Crane Systems, Inc. 401 K Plan among the smaller filed plans by assets

Hoist & Crane Systems, Inc. 401 K Plan vs every filed plan by assets

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

$310,561 14th percentile higher than 14% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Hoist & Crane Systems, Inc. 401 K Plan reported participants fell from 13 in the plan year 2023 filing to N/A in the plan year 2024 filing.
Hoist & Crane Systems, Inc. 401 K Plan reported net income rose from -$1M in the plan year 2023 filing to -$90K in the plan year 2024 filing.
Hoist & Crane Systems, Inc. 401 K Plan end-of-year assets fell from $400K in the plan year 2023 filing to $311K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 561241824 · Hoist & Crane Systems, Inc. PY 2024 · 401(k)

Hoist & Crane Systems, Inc. 401 K Plan · $311K · N/A · 14th

NET $311K
NET N/A
NET 14th
NET 401(k)
NET near Brown and Sons Holdings Corporation 401(k) Plan
NET ind #933

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 →

End-of-year total assets ($M) among Hoist & Crane Systems, Inc. 401 K Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hoist & Crane Systems, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $311K 79.31302077817057% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	25	$2M
2023	1	13	$400K
2024	1	N/A	$311K

Hoist & Crane Systems, Inc. filing trail (2024)

Total Assets (Beginning of Year)	$400K
Net Assets (End of Year)	$311K
Net Income	-$90K
Employer EIN	561241824
Plan Effective Date	1999-01-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Hoist & Crane Systems, Inc. 401 K Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

The Bank of America 401(k) Plan $62.9B · 168,963
Honeywell 401(k) Plan $16.3B · 39,468
Duke Energy Retirement Savings Plan $11.3B · 27,341
Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699

Compare Hoist & Crane Systems, Inc. 401 K Plan side-by-side with 3 peers →

Hoist & Crane Systems, Inc. 401 K Plan's closest out-of-state 401(k) peers by assets

Outside North Carolina, the nearest 401(k) by end-of-year assets is Brown and Sons Holdings Corporation 401(k) Plan in CO at $311K (this filing: $311K).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($311K here).

Brown and Sons Holdings Corporation 401(k) Plan (CO) $311K · N/A
Irwin's Establishment Vvvn, Inc. 401(k) Profit Sharing Plan (GA) $311K · 1
Tri-Signal Integration 401(k) Plan (CA) $310K · 163
Strong Running Inc. 401(k) Plan (WA) $311K · 7

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 Hoist & Crane Systems, Inc. 401 K Plan assets move in 2024? ▼

Hoist & Crane Systems, Inc. 401 K Plan declined sharply - down 22.4% during 2024, from $400K to $311K. Reported net income was -$90K.

How have Hoist & Crane Systems, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hoist & Crane Systems, Inc.'s sponsor-wide assets declined 79.3%, from $2M to $311K.

Where does Hoist & Crane Systems, Inc. 401 K Plan rank by assets among Form 5500 filers? ▼

Hoist & Crane Systems, Inc. 401 K Plan ranks in the 14th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).

Which 401(k) plans are similar in size to Hoist & Crane Systems, Inc. 401 K Plan? ▼

Among 401(k) plans in other states, the closest by assets is Brown and Sons Holdings Corporation 401(k) Plan in CO ($311K, N/A participants).

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 561241824.