401(k) · DOL Form 5500 · 2024

Lumbee Guaranty Bank 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
74
Participants Small participant base
46th
Percentile by assets National rank
$82,049
Avg per participant Below avg balance/head
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Official DOL plan name: Lumbee Guaranty Bank 401(k) Savings Plan · Sponsored by Lumbee Guaranty Bank · North Carolina · Finance & Insurance

$6M in assets, 74 participants

Lumbee Guaranty Bank's Lumbee Guaranty Bank 401(k) Savings Plan reported $6M in total assets and 74 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #2,658 in Finance & Insurance (8,549 peers)

Lumbee Guaranty Bank multi-year trail

Lumbee Guaranty Bank's plans moved +23.7% in assets from 2022 to 2024; this filing shows Lumbee Guaranty Bank 401(k) Savings Plan at $6M / 74 participants.

#2,658
in Finance & Insurance (8,549 peers)
+21.3%
assets growth YoY

Lumbee Guaranty Bank 401(k) Savings Plan's mid-pack asset rank among Finance & Insurance and all filers

Lumbee Guaranty Bank 401(k) Savings Plan vs every filed plan by assets

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

$6,071,593 46th percentile higher than 46% 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

Lumbee Guaranty Bank 401(k) Savings Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lumbee Guaranty Bank 401(k) Savings Plan is a small filing (74 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lumbee Guaranty Bank 401(k) Savings Plan reported net income rose from $463K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Lumbee Guaranty Bank 401(k) Savings Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Lumbee Guaranty Bank 401(k) Savings Plan reported participants fell from 78 in the plan year 2023 filing to 74 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 560990387 · Lumbee Guaranty Bank PY 2024 · 401(k)

Lumbee Guaranty Bank 401(k) Savings Plan · $6M · 74 · 46th

  • NET $6M
  • NET 74
  • NET 46th
  • NET 401(k)
  • NET near Balke Brown Transwestern Inc. 401(k) Plan
  • NET ind #2658

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Lumbee Guaranty Bank 401(k) Savings Plan in the asset neighbourhood

Lumbee Guaranty Bank 401(k) Savings PlanLumbee Guaranty Bank 401(k) …$6MBalke Brown Transwestern Inc. 401(k) PlanBalke Brown Transwestern Inc…$6MPremiere Fibers, LLC Associates Savings PlanPremiere Fibers, LLC Associa…$6MLam's Tutoring Service, Inc 401(k) Profit Sharing PlanLam's Tutoring Service, Inc …$6MPrograma Head Start Municipio Autonomo De Caguas Money Purchase PlanPrograma Head Start Municipi…$6M
End-of-year total assets ($M) among Lumbee Guaranty Bank 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Lumbee Guaranty Bank multi-year asset trail

Sponsor-wide plan assets over time

All Lumbee Guaranty Bank plans reported in each filing year

Latest sponsor-wide plan assets
$14M 23.737496051837756% vs 2022
2024 filing year
$11M$12M$13M$14M$15M 202220232024 $11.6M $14.4M ▲ +23.8%
Year Plans Participants Total Assets
2022 3 202 $12M
2023 3 197 $12M
2024 3 181 $14M

Lumbee Guaranty Bank filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN560990387
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Lumbee Guaranty Bank 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Lumbee Guaranty Bank 401(k) Savings Plan, Total assets ($B): 0.006071593 · Participants: 74Lumbee Guaranty Bank 401(k) Savings 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
Lumbee Guaranty Bank 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Lumbee Guaranty Bank 401(k) Savings Plan side-by-side with 3 peers →

Lumbee Guaranty Bank 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Balke Brown Transwestern Inc. 401(k) Plan in MO ($6M); by covered participants it is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (74 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (74 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 Lumbee Guaranty Bank 401(k) Savings Plan assets move in 2024? ▼
Lumbee Guaranty Bank 401(k) Savings Plan grew sharply - up 21.3% during 2024, from $5M to $6M. Reported net income was $1M.
How have Lumbee Guaranty Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lumbee Guaranty Bank's sponsor-wide assets grew 23.7%, from $12M to $14M.
Which 401(k) plans are similar in size to Lumbee Guaranty Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Balke Brown Transwestern Inc. 401(k) Plan in MO ($6M, 198 participants).
Which 401(k) plans cover a similar participant headcount to Lumbee Guaranty Bank 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (74 participants, $3M 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 560990387.

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.