Profit Sharing · DOL Form 5500 · 2024

Davis Furniture Industries, Inc Profit Sharing Plan

Data updated 2026-07-24

$13M
Total assets
316
Participants
62nd
Percentile by assets
$41,825
Avg per participant
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Official DOL plan name: Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust · Sponsored by Davis Furniture Industries, Inc · North Carolina · Manufacturing

$13M in assets, 316 participants

Davis Furniture Industries, Inc's Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust reported $13M in total assets and 316 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • 62nd percentile by assets (of 116,472 plans)

Coverage in North Carolina

Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust covers 316 participants in North Carolina, about 37% of the average North Carolina filer (state average ~846 per filing). Assets: $13M.

$13M
total plan assets (2024 EOY)
316
covered participants
62nd
percentile by assets (of 116,472 plans)
$41,825
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust end-of-year assets rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust reported participants rose from 300 in the plan year 2023 filing to 316 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust reports 316 participants - about 37% of that state average ($13M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$1M
Employer EIN560591838
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Davis Furniture Industries, Inc)

$16M$18M$20M$22M 202220232024 $16.4M $20.5M â–˛ +24.8%
Total plan assets by year, all Davis Furniture Industries, Inc plans on file
Year Plans Participants Total Assets
2022 2 501 $16M
2023 2 566 $19M
2024 2 597 $21M

Nearby Profit Sharing Plans in North Carolina

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

Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10123 Total assets ($B) Participants Davis Furniture Indu…Tax Deferred Savings…Charter Communicatio…Firsthealth of the C…Baker & Taylor Retir…Whap PA Profit Shari…
Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust assets move in 2024?
Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust grew at a solid clip - up 8.3% during 2024, from $12M to $13M. Reported net income was $1M.
How have Davis Furniture Industries, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Davis Furniture Industries, Inc's sponsor-wide assets grew 24.7%, from $16M to $21M.
Which Profit Sharing plans are similar in size to Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is Anthony L Jordan Health Center Inc Pre-Tax Savings Plan in NY ($13M, 224 participants).

Next read for Davis Furniture Industries, Inc. Employe…

Filing takeaways

Ways to act on Davis Furniture Industries, Inc. Employee Stock Bonus Plan and Trust's numbers.

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 560591838.

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