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

Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees

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

Sponsored by Liggett Group Inc. · North Carolina · Manufacturing

What the 2023 filing shows

Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees holds $25M for 232 participants — about $108,115 per participant, up 13.5% over the 2024 plan year.

$25M
total plan assets (2024 EOY)
232
covered participants
$108,115
avg assets per participant
+13.5%
assets growth YoY
Total Assets (2023)
$25M
Participants
232
Industry
Manufacturing

What the Filing Says About Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees

Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees is a 401(k) retirement plan sponsored by Liggett Group Inc., headquartered in North Carolina. As of the 2024 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 232 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 561702115, and the plan has been effective since 1964-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $22M at the beginning of 2024 to $25M at year-end — a gain of 13.5%. Net assets (after liabilities) closed the year at $25M, with reported net income of $3M 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)$22M
Total Assets (End of Year)$25M
Net Assets (End of Year)$25M
Net Income$3M
Plan Type401(k)
Employer EIN561702115
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Liggett Group Inc.)

Year Plans Participants Total Assets
2022 1 208 $20M
2023 1 221 $22M
2024 1 232 $25M

Nearby 401(k) Plans in North Carolina

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Frequently Asked Questions

How much money is in the Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees?
As of the 2024 Form 5500 filing, Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees holds $25M in total assets with 232 participants. It is sponsored by Liggett Group Inc..
What type of plan is Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees?
Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees is a 401(k) plan. It has been effective since 1964-01-01. The plan is filed with the U.S. Department of Labor under EIN 561702115.
Who sponsors the Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees?
Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees is sponsored by Liggett Group Inc., located in North Carolina. The sponsor's EIN is 561702115 and the plan operates in the Manufacturing industry.
How did Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees perform in 2024?
Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees grew by 13.5% during 2024, moving from $22M to $25M in total assets. Net income was $3M.
Where can I find official filings for Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees?
Official Form 5500 filings for Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561702115 or plan name at efast.dol.gov.
How does Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees compare to other plans?
You can compare Profit Sharing Plan of Liggett Group Inc. for Bargaining Unit and Hourly Employees 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 561702115.

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.