401(k) · DOL Form 5500 · 2024

Peoples Bank 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
292
Participants Below avg headcount
80th
Percentile by assets National rank
$125,345
Avg per participant Near avg balance/head
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Official DOL plan name: Peoples Bank Profit Sharing and 401(k) Plan · Sponsored by Peoples Bank · North Carolina · Finance & Insurance

$37M in assets, 292 participants

Peoples Bank's Peoples Bank Profit Sharing and 401(k) Plan reported $37M in total assets and 292 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,907 in Finance & Insurance (8,549 peers)

Coverage in North Carolina

Peoples Bank Profit Sharing and 401(k) Plan covers 292 participants in North Carolina, about 36% of the average North Carolina filer (state average ~819 per filing). Assets: $37M.

#5,907
in Finance & Insurance (8,549 peers)
+11.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Peoples Bank Profit Sharing and 401(k) Plan's outsized position by total assets

Peoples Bank Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$36,600,714 Top 20% higher than 80% 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

Peoples Bank Profit Sharing and 401(k) 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. Peoples Bank Profit Sharing and 401(k) Plan sits mid-pack in the medium band (292 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Peoples Bank Profit Sharing and 401(k) Plan end-of-year assets rose from $33M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • Peoples Bank Profit Sharing and 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Peoples Bank Profit Sharing and 401(k) Plan reported participants fell from 299 in the plan year 2023 filing to 292 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 560354890 · Peoples Bank PY 2024 · 401(k)

Peoples Bank Profit Sharing and 401(k) Plan · $37M · 292 · 80th

  • BOOK $37M
  • VS-ST 292
  • BOY 80th
  • SCH 401(k)
  • EBSA near Republic - Odyssey 401(k) Plan
  • PART ind #5907

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 →

Peoples Bank Profit Sharing and 401(k) Plan in the asset neighbourhood

Peoples Bank Profit Sharing and 401(k) PlanPeoples Bank Profit Sharing …$37MRepublic - Odyssey 401(k) PlanRepublic - Odyssey 401(k) Pl…$37MBaxters North America, Inc. 401(k) Savings PlanBaxters North America, Inc. …$37MFort Collins Radiologic Associates, P. C. Profit Sharing PlanFort Collins Radiologic Asso…$37MTechniplas, LLC 401(k) Plan$37M
End-of-year total assets ($M) among Peoples Bank Profit Sharing and 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)$33M
Net Assets (End of Year)$37M
Net Income$4M
Employer EIN560354890
Plan Effective Date1966-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peoples Bank)

Sponsor-wide plan assets over time

All Peoples Bank plans reported in each filing year

Latest sponsor-wide plan assets
$37M 26.262920222226683% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $29M $36.6M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 309 $29M
2023 1 299 $33M
2024 1 292 $37M

Nearby 401(k) Plans in North Carolina

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

Peoples Bank Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Peoples Bank Profit Sharing and 401(k) Plan, Total assets ($B): 0.036600714 · Participants: 292Peoples Bank Profit Sharing and 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
Peoples Bank Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Peoples Bank Profit Sharing and 401(k) Plan side-by-side with 3 peers →

Peoples Bank Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Republic - Odyssey 401(k) Plan in IL ($37M); by covered participants it is Aspen Waste Systems, Inc. 401(k) Profit Sharing Plan in MN (292 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (292 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 Peoples Bank Profit Sharing and 401(k) Plan assets move in 2024? ▼
Peoples Bank Profit Sharing and 401(k) Plan grew at a solid clip - up 11.1% during 2024, from $33M to $37M. Reported net income was $4M.
How have Peoples Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peoples Bank's sponsor-wide assets grew 26.3%, from $29M to $37M.
Where does Peoples Bank Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Peoples Bank Profit Sharing and 401(k) Plan ranks in the 80th 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 Peoples Bank Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Republic - Odyssey 401(k) Plan in IL ($37M, 430 participants).
Which 401(k) plans cover a similar participant headcount to Peoples Bank Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Aspen Waste Systems, Inc. 401(k) Profit Sharing Plan in MN (292 participants, $13M 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 560354890.

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.