401(k) · DOL Form 5500 · 2024

Tar Heel Capital Corporation No. 2 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
964
Participants Near avg headcount
53rd
Percentile by assets National rank
$9,014
Avg per participant Low balance/head
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Official DOL plan name: Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan · Sponsored by Tar Heel Capital Corporation No. 2 · North Carolina · Food Services & Accommodation

$9M in assets, 964 participants

Tar Heel Capital Corporation No. 2's Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan reported $9M in total assets and 964 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #3,038 in Food Services & Accommodation (3,672 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan ranks #3,038 of 3,672 2024 filers by assets (225% of the sector average)-$9M for 964 participants.

#3,038
in Food Services & Accommodation (3,672 peers)
+10.4%
assets growth YoY

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan's mid-pack asset rank among Food Services & Accommodation and all filers

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan vs every filed plan by assets

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

$8,689,527 Top 47% higher than 53% 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

Tar Heel Capital Corporation No. 2 Employees Savings Plus 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. Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan sits mid-pack in the medium band (964 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan reported net income rose from $495K in the plan year 2023 filing to $821K in the plan year 2024 filing.
  • Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan reported participants rose from 914 in the plan year 2023 filing to 964 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 621016897 · Tar Heel Capital Corporation No. 2 PY 2024 · 401(k)

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan · $9M · 964 · 53rd

  • PART $9M
  • TYPE 964
  • NET 53rd
  • BOOK 401(k)
  • VS-ST near Mt Systems, Inc. 401(k) Plan
  • BOY ind #3038

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 Food Services & Accommodation retirement plans → · Plans in North Carolina →

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan in the asset neighbourhood

Tar Heel Capital Corporation No. 2 Employees Savings Plus PlanTar Heel Capital Corporation…$9MMt Systems, Inc. 401(k) Plan$9MThe Edenwald 401(k) Retirement PlanThe Edenwald 401(k) Retireme…$9MMarvel Architects Landscape Ar 401(k) Profit Sharing Plan & TrustMarvel Architects Landscape …$9MAdorama 401(k) Plan$9M
End-of-year total assets ($M) among Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$821K
Employer EIN621016897
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tar Heel Capital Corporation No. 2)

Sponsor-wide plan assets over time

All Tar Heel Capital Corporation No. 2 plans reported in each filing year

Latest sponsor-wide plan assets
$9M 17.60572301410777% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M$9M 202220232024 $7.39M $8.69M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 1,447 $7M
2023 1 914 $8M
2024 1 964 $9M

Nearby 401(k) Plans in North Carolina

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

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan, Total assets ($B): 0.008689527 · Participants: 964Tar Heel Capital Corporation No. 2 Employees Savings Plus 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
Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Mt Systems, Inc. 401(k) Plan in OH ($9M); by covered participants it is US Eye 40(K) Retirement Savings Plan in FL (964 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (964 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 Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan assets move in 2024?
Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan grew at a solid clip - up 10.4% during 2024, from $8M to $9M. Reported net income was $821K.
How have Tar Heel Capital Corporation No. 2 plan assets changed over time?
Across 3 plan years on file (2022-2024), Tar Heel Capital Corporation No. 2's sponsor-wide assets grew 17.6%, from $7M to $9M.
Which 401(k) plans are similar in size to Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan?
Among 401(k) plans in other states, the closest by assets is Mt Systems, Inc. 401(k) Plan in OH ($9M, 23 participants).
Which 401(k) plans cover a similar participant headcount to Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan?
Among 401(k) plans in other states, the closest by covered participants is US Eye 40(K) Retirement Savings Plan in FL (964 participants, $40M in assets).