401(k)
2024 plan-year 401(k) DOL Form 5500

Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Prestige Farms, Inc. · North Carolina · Agriculture, Forestry & Fishing

What the 2023 filing shows

Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust holds $3M for 124 participants — about $24,468 per participant, up 7.8% over the 2024 plan year.

$3M
total plan assets (2024 EOY)
124
covered participants
$24,468
avg assets per participant
+7.8%
assets growth YoY
Total Assets (2023)
$3M
Participants
124
Industry
Agriculture, Forestry & Fishing

What the Filing Says About Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust

Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Prestige Farms, Inc., headquartered in North Carolina. As of the 2024 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 124 participants across the Agriculture, Forestry & Fishing industry. The sponsor's EIN on file with the U.S. Department of Labor is 560893777, and the plan has been effective since 1985-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2024 to $3M at year-end — a gain of 7.8%. Net assets (after liabilities) closed the year at $3M, with reported net income of $219K 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$219K
Plan Type401(k)
Employer EIN560893777
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Prestige Farms, Inc.)

Year Plans Participants Total Assets
2022 1 149 $2M
2023 1 143 $3M
2024 1 124 $3M

Nearby 401(k) Plans in North Carolina

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Frequently Asked Questions

How much money is in the Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust?
As of the 2024 Form 5500 filing, Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust holds $3M in total assets with 124 participants. It is sponsored by Prestige Farms, Inc..
What type of plan is Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust?
Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 1985-06-01. The plan is filed with the U.S. Department of Labor under EIN 560893777.
Who sponsors the Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust?
Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust is sponsored by Prestige Farms, Inc., located in North Carolina. The sponsor's EIN is 560893777 and the plan operates in the Agriculture, Forestry & Fishing industry.
How did Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust perform in 2024?
Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust grew by 7.8% during 2024, moving from $3M to $3M in total assets. Net income was $219K.
Where can I find official filings for Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust?
Official Form 5500 filings for Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560893777 or plan name at efast.dol.gov.
How does Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust compare to other plans?
You can compare Prestige Farms Inc. 401(k) Profit Sharing Plan and Trust against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 560893777.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.