Profit Sharing · DOL Form 5500 · 2024

Allways Shred, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
11
Participants Small participant base
35th
Percentile by assets National rank
$290,208
Avg per participant High balance/head
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Official DOL plan name: Allways Shred, Inc. Profit Sharing Plan · Sponsored by Allways Shred, Inc. · North Carolina · Other Services

$3M in assets, 11 participants

Allways Shred, Inc.'s Allways Shred, Inc. Profit Sharing Plan reported $3M in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #4,525 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Allways Shred, Inc. Profit Sharing Plan ranks #4,525 of 7,719 2024 filers by assets (629% of the sector average)-$3M for 11 participants.

#4,525
in Other Services (7,719 peers)
-52.3%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Allways Shred, Inc. Profit Sharing Plan's mid-pack asset rank among Other Services and all filers

Allways Shred, Inc. Profit Sharing Plan vs every filed plan by assets

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

$3,192,290 35th percentile higher than 35% 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

Allways Shred, Inc. Profit Sharing 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. Allways Shred, Inc. Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Allways Shred, Inc. Profit Sharing Plan reported net income fell from $165K in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Allways Shred, Inc. Profit Sharing Plan end-of-year assets fell from $7M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 208718214 · Allways Shred, Inc. PY 2024 · Profit Sharing

Allways Shred, Inc. Profit Sharing Plan · $3M · 11 · 35th

  • BOY $3M
  • BOY 11
  • BOY 35th
  • BOY Profit Sharing
  • BOY near Bfair 403(b) Plan
  • BOY ind #4525

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 Other Services retirement plans → · Plans in North Carolina →

Allways Shred, Inc. Profit Sharing Plan in the asset neighbourhood

Profit Sharing Plan and Trust of Touchstone CompanyProfit Sharing Plan and Trus…$3MAllways Shred, Inc. Profit Sharing PlanAllways Shred, Inc. Profit S…$3MBfair 403(b) Plan$3M401(a) Profit-Sharing Plan for Employees of Palladia, Inc.401(a) Profit-Sharing Plan f…$3MBradley and Bradley Profit Sharing Trust PlanBradley and Bradley Profit S…$3M
End-of-year total assets ($M) among Allways Shred, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$3M
Net Income-$4M
Employer EIN208718214
Plan Effective Date2007-03-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Allways Shred, Inc.)

Sponsor-wide plan assets over time

All Allways Shred, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 51.10471554627705% vs 2022
2024 filing year
$2M$4M$6M$8M 202220232024 $6.53M $3.19M ▼ -51.1%
Year Plans Participants Total Assets
2022 1 11 $7M
2023 1 11 $7M
2024 1 11 $3M

Nearby Profit Sharing Plans in North Carolina

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Allways Shred, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10123 Total assets ($B) Participants Allways Shred, Inc. Profit Sharing Plan, Total assets ($B): 0.00319229 · Participants: 11Allways Shred, Inc. Profit Sharing PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 2.543711307 · Participants: 38137Tax Deferred Savings Plan of Novant Health, Inc.Charter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 1.475076189 · Participants: 96794Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.121170094 · Participants: 5933Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.073097403 · Participants: 1336Baker & Taylor Retirement Savings PlanWhap PA Profit Sharing Plan, Total assets ($B): 0.049559221 · Participants: 0Whap PA Profit Sharing Plan
Allways Shred, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants
Compare Allways Shred, Inc. Profit Sharing Plan side-by-side with 3 peers →

Allways Shred, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Bfair 403(b) Plan in MA ($3M); by covered participants it is Capital Craftsmen, Inc. Profit Sharing Plan in NY (11 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Allways Shred, Inc. Profit Sharing Plan assets move in 2024? ▼
Allways Shred, Inc. Profit Sharing Plan contracted severely - down 52.3% during 2024, from $7M to $3M. Reported net income was -$4M.
How have Allways Shred, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Allways Shred, Inc.'s sponsor-wide assets declined 51.1%, from $7M to $3M.
Which Profit Sharing plans are similar in size to Allways Shred, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Bfair 403(b) Plan in MA ($3M, 192 participants).
Which Profit Sharing plans cover a similar participant headcount to Allways Shred, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Capital Craftsmen, Inc. Profit Sharing Plan in NY (11 participants, N/A 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 208718214.

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.