401(k) · DOL Form 5500 · 2024

Davis Furniture Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
281
Participants Below avg headcount
49th
Percentile by assets National rank
$25,938
Avg per participant Low balance/head
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Official DOL plan name: Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust · Sponsored by Davis Furniture Industries, Inc. · North Carolina · Manufacturing

$7M in assets, 281 participants

Davis Furniture Industries, Inc.'s Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust reported $7M in total assets and 281 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #5,930 in Manufacturing (17,777 peers)

Coverage in North Carolina

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust covers 281 participants in North Carolina, about 34% of the average North Carolina filer (state average ~819 per filing). Assets: $7M.

#5,930
in Manufacturing (17,777 peers)
+5.3%
assets growth YoY

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs every filed plan by assets

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

$7,288,496 49th percentile higher than 49% 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

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust 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. Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust sits mid-pack in the medium band (281 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust reported net income fell from $1M in the plan year 2023 filing to $366K in the plan year 2024 filing.
  • Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust reported participants rose from 266 in the plan year 2023 filing to 281 in the plan year 2024 filing.
  • Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust end-of-year assets rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 560591838 · Davis Furniture Industries, Inc. PY 2024 · 401(k)

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust · $7M · 281 · 49th

  • EIN $7M
  • EIN 281
  • EIN 49th
  • EIN 401(k)
  • EIN near Ollis Akers Arney 401(k) Plan
  • EIN ind #5930

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 Manufacturing retirement plans → · Plans in North Carolina →

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust in the asset neighbourhood

Davis Furniture Industries, Inc. Employees' 401(k) Plan and TrustDavis Furniture Industries, …$7MOllis Akers Arney 401(k) Plan$7MNtvi Federal, Inc. 401(k) PlanNtvi Federal, Inc. 401(k) Pl…$7MFirst Century Bank 401(k) PlanFirst Century Bank 401(k) Pl…$7MLancaster Skin Center, P.C. Roth Safe-Harbor 401(k) Profit Sharing and TrustLancaster Skin Center, P.C. …$7M
End-of-year total assets ($M) among Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$366K
Employer EIN560591838
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Davis Furniture Industries, Inc.)

Sponsor-wide plan assets over time

All Davis Furniture Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 24.716359100630573% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $16.4M $20.5M ▲ +24.8%
Year Plans Participants Total Assets
2022 2 501 $16M
2023 2 566 $19M
2024 2 597 $21M

Nearby 401(k) Plans in North Carolina

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

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust, Total assets ($B): 0.007288496 · Participants: 281Davis Furniture Industries, Inc. Employees' 401(k) Plan and TrustThe 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
Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust side-by-side with 3 peers →

Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ollis Akers Arney 401(k) Plan in MO ($7M); by covered participants it is Cleaveland/Price, Inc. 401(k) Plan in PA (281 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (281 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 Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust assets move in 2024? ▼
Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust grew at a solid clip - up 5.3% during 2024, from $7M to $7M. Reported net income was $366K.
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 401(k) plans are similar in size to Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Ollis Akers Arney 401(k) Plan in MO ($7M, 62 participants).
Which 401(k) plans cover a similar participant headcount to Davis Furniture Industries, Inc. Employees' 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Cleaveland/Price, Inc. 401(k) Plan in PA (281 participants, $45M 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 560591838.

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.