Money Purchase · DOL Form 5500 · 2024

Massie Furniture Company, Inc. Money Purchase Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
7
Participants Small participant base
33rd
Percentile by assets National rank
$383,909
Avg per participant High balance/head
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Official DOL plan name: Profit Sharing Plan & Trust of Massie Furniture Company, Inc. · Sponsored by Massie Furniture Company, Inc. · North Carolina · Retail Trade

$3M in assets, 7 participants

Massie Furniture Company, Inc.'s Profit Sharing Plan & Trust of Massie Furniture Company, Inc. reported $3M in total assets and 7 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #3,588 in Retail Trade (8,048 peers)

Massie Furniture Company, Inc. multi-year trail

Massie Furniture Company, Inc.'s plans moved -13.0% in assets from 2022 to 2024; this filing shows Profit Sharing Plan & Trust of Massie Furniture Company, Inc. at $3M / 7 participants.

#3,588
in Retail Trade (8,048 peers)
-26.7%
assets change YoY

The plan reported a net loss of $978K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Profit Sharing Plan & Trust of Massie Furniture Company, Inc. among the smaller filed plans by assets

Profit Sharing Plan & Trust of Massie Furniture Company, Inc. vs every filed plan by assets

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

$2,687,364 33rd percentile higher than 33% 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

Profit Sharing Plan & Trust of Massie Furniture Company, Inc. among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Profit Sharing Plan & Trust of Massie Furniture Company, Inc. is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Profit Sharing Plan & Trust of Massie Furniture Company, Inc. reported net income fell from $575K in the plan year 2023 filing to -$978K in the plan year 2024 filing.
  • Profit Sharing Plan & Trust of Massie Furniture Company, Inc. end-of-year assets fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Profit Sharing Plan & Trust of Massie Furniture Company, Inc. reported participants fell from 8 in the plan year 2023 filing to 7 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 560993303 · Massie Furniture Company, Inc. PY 2024 · Money Purchase

Profit Sharing Plan & Trust of Massie Furniture Company, Inc. · $3M · 7 · 33rd

  • NET $3M
  • BOOK 7
  • VS-ST 33rd
  • BOY Money Purchase
  • SCH near Annuity Plan for Clerical Employees of Building Concrete Excavating & Common Laborers Local 731
  • EBSA ind #3588

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 Retail Trade retirement plans → · Plans in North Carolina →

Profit Sharing Plan & Trust of Massie Furniture Company, Inc. in the asset neighbourhood

Hurria Medical Corp$3MProfit Sharing Plan & Trust of Massie Furniture Company, Inc.Profit Sharing Plan & Trust …$3MAnnuity Plan for Clerical Employees of Building Concrete Excavating & Common Laborers Local 731Annuity Plan for Clerical Em…$3MKallman Associates Profit Sharing Retirement PlanKallman Associates Profit Sh…$3MThe Contractors Retirement PlanThe Contractors Retirement P…$3M
End-of-year total assets ($M) among Profit Sharing Plan & Trust of Massie Furniture Company, Inc. and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Massie Furniture Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Massie Furniture Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 13.041941953408184% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $3.09M $2.69M ▼ -12.9%
Year Plans Participants Total Assets
2022 1 8 $3M
2023 1 8 $4M
2024 1 7 $3M

Massie Furniture Company, Inc. filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$978K
Employer EIN560993303
Plan Effective Date1975-10-28
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in North Carolina

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Profit Sharing Plan & Trust of Massie Furniture Company, Inc. vs. nearby Money Purchase plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -2000200400600 Total assets ($M) Participants Profit Sharing Plan & Trust of Massie Furniture Company, Inc., Total assets ($M): 2.687364 · Participants: 7Profit Sharing Plan & Trust of Massie Furniture Company, Inc.Money Purchase Pension Plan of Wake Forest University Health Sciences, Total assets ($M): 521.943198 · Participants: 1997Money Purchase Pension Plan of Wake Forest University Health SciencesFhi 360 Employees' Pension Plan, Total assets ($M): 257.942084 · Participants: 1192Fhi 360 Employees' Pension PlanNew England Life Insurance Company Agents' Retirement Plan and Trust, Total assets ($M): 84.542787 · Participants: 0New England Life Insurance Company Agents' Retirement Plan and TrustCarteret County General Hospital Money Purchase Pension Plan, Total assets ($M): 58.278329 · Participants: 905Carteret County General Hospital Money Purchase Pension PlanGoodwill Industries of Northwest North Carolina, Inc. Money Purchase Plan, Total assets ($M): 22.953494 · Participants: 663Goodwill Industries of Northwest North Carolina, Inc. Money Purchase Plan
Profit Sharing Plan & Trust of Massie Furniture Company, Inc. vs. nearby Money Purchase plans in North Carolina, assets vs. participants

Profit Sharing Plan & Trust of Massie Furniture Company, Inc.'s out-of-state Money Purchase peers by assets and headcount

Outside North Carolina, the nearest Money Purchase by assets is Annuity Plan for Clerical Employees of Building Concrete Excavating & Common Laborers Local 731 in NY ($3M); by covered participants it is Jm III Retirement Plan in PR (7 participants). Same-state nearby plans are listed separately above.

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 Profit Sharing Plan & Trust of Massie Furniture Company, Inc. assets move in 2024?
Profit Sharing Plan & Trust of Massie Furniture Company, Inc. declined sharply - down 26.7% during 2024, from $4M to $3M. Reported net income was -$978K.
How have Massie Furniture Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Massie Furniture Company, Inc.'s sponsor-wide assets declined 13.0%, from $3M to $3M.
Which Money Purchase plans are similar in size to Profit Sharing Plan & Trust of Massie Furniture Company, Inc.?
Among Money Purchase plans in other states, the closest by assets is Annuity Plan for Clerical Employees of Building Concrete Excavating & Common Laborers Local 731 in NY ($3M, 32 participants).
Which Money Purchase plans cover a similar participant headcount to Profit Sharing Plan & Trust of Massie Furniture Company, Inc.?
Among Money Purchase plans in other states, the closest by covered participants is Jm III Retirement Plan in PR (7 participants, $1M in assets).