Back to filter
Original filing (PDF)20250909083351NAL0033787344001
DESIGN FOUNDRY, LLC
Form 5500
FILING_RECEIVED
DESIGN FOUNDRY, LLC 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Signals · 3
30% in single holding~139 bps in Sched C feesNo recordkeeper disclosed
Active participants
240
Accounts w/ balance
155
Plan assets (EOY)
$2.9M
Net assets (EOY)
$2.9M
How this plan invests
This plan
21 pooled trusts
Schedule D
20 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
83
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
85
Total plan cost
65
Vendor stack
80
Participation health
80
Knocking points off
- Top holding "John Hancock Group Contract Nuveen Lifecycle Index 2045 Fund" is 30% of plan.
- 139 bps in Schedule C fees — 167% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
- 65% balance-to-active ratio — below typical for a healthy 401(k).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for DESIGN FOUNDRY, LLC.
Plan sponsor
Name
DESIGN FOUNDRY, LLC
EIN
83-0987394
Address
1105 22ND ST. SE · HICKORY, NC · 28602
Phone
(828) 514-0672
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-09
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
SMITH LEONARD, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILSHIRE ASSOCIATES, INC. (USA) | 95-2755361 | SANTA MONICA, CA | RIA | $490 | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JOHN HANCOCK LIFE INS. CO. (USA) | 01-0233346 | BUFFALO, NY | CONTRACT ADMINISTRATOR | $34K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CORPORATE PLANS & SERVICES, INC. | 56-0990374 | MOORESVILLE, NC | THIRD PRTY ADMINISTRATOR | $5K | — |
Investments
21 pooled funds· $2.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| NUVEEN LIFECYCLE 2045 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $848K | 29.6% | |
| NUVEEN LIFECYCLE 2035 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $358K | 12.5% | |
| NUVEEN LIFECYCLE 2050 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $318K | 11.1% | |
| NUVEEN LIFECYCLE INDEX 2055 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $279K | 9.7% | |
| NUVEEN LIFECYCLE 2060 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $266K | 9.3% | |
| NUVEEN LIFECYCLE 2030 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $192K | 6.7% | |
| NUVEEN LIFECYCLE 2040 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $168K | 5.9% | |
| AMERICAN FUNDS AMCAP FUND JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $127K | 4.4% | |
| NUVEEN LIFECYCLE 2025 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $106K | 3.7% | |
| NUVEEN LIFECYCLE INDEX 2065 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $46K | 1.6% | |
| 500 INDEX FUND JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $39K | 1.4% | |
| VANGUARD INTERNATIONAL GROWTH JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $29K | 1.0% | |
| NUVEEN LIFECYCLE 2015 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $21K | 0.7% | |
| NORTHERN EM EQUITY INDEX FUND JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $19K | 0.7% | |
| TOTAL BOND MARKET FUND JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $17K | 0.6% | |
| NUVEEN LIFECYCLE 2020 JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $13K | 0.5% | |
| FIDELITY INTERNATIONAL INDEX JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $10K | 0.4% | |
| FEDERATED HIGH YIELD BOND JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $6K | 0.2% | |
| DFA US LARGE CAP VALUE FUND JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $2K | <0.1% | |
| NUVEEN SMALL-CAP BLEND INDEX JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $1K | <0.1% | |
| DFA INTERNATIONAL VALUE JOHN HANCOCK LIFE INS. CO. (USA) · EIN 01-0233346 / PN 000 | Pooled Separate Account | — | — | $826 | <0.1% |
Related plans
Other plans using JOHN HANCOCK LIFE INS. CO. (USA)
AMERICAN VANGUARD CORPORATION
AMERICAN VANGUARD CORPORATION RETIREMENT SAVINGS PLAN
$81.6M · 415 participants
PENINSULA HOTEL CHICAGO, LLC
PENINSULA HOTELS 401(K) PLAN
$66.2M · 596 participants
EVERETT FINANCIAL, INC. DBA SUPREME LENDING
EVERETT FINANCIAL, INC. DBA SUPREME LENDING 401(K) PLAN
$61.6M · 1,132 participants
M-E ENGINEERS, INC
M-E ENGINEERS, INC. 401K PROFIT SHARING PLAN AND TRUST
$56.9M · 261 participants
RADIOLOGY ASSOCIATES OF MACON, P.C.
RADIOLOGY ASSOCIATES OF MACON, P.C. 401(K) PROFIT SHARING PLAN
$56.0M · 125 participants
COSTA FARMS, LLC
COSTA FARMS, LLC 401(K) PLAN
$41.2M · 3,900 participants
Similar-size Manufacturing plans
J-STAR MOTION CORPORATION
J-STAR MOTION CORPORATION 401(K) PLAN
$2.9M · 152 participants
BOARD OF TRUSTEES FURNITURE & INDUSTRIAL CARPENTERS HEALTH TRUST
FURNITURE AND INDUSTRIAL CARPENTERS HEALTH PLAN
$2.9M · 200 participants
ALTURA FURNITURE INC
ALTURA FURNITURE INC 401(K) PROFIT SHARING PLAN & TRUST
$2.9M · 14 participants
JUSTICE FURNITURE MANUFACTURING CO. INC.
JUSTICE FURNITURE MANUFACTURING CO. INC. 401K PROFIT-SHARING PLAN
$2.8M · 58 participants
MAPLE LEAF HOLDINGS, INC
MAPLE LEAF HOLDINGS, INC 401(K) PLAN
$2.9M · 23 participants
VITRA, INC.
VITRA, INC. 401(K) RETIREMENT PLAN
$2.9M · 27 participants
Large plans in North Carolina
BANK OF AMERICA CORPORATION
THE BANK OF AMERICA 401(K) PLAN
$62.9B · 168,229 participants
HONEYWELL INTERNATIONAL INC EMPLOYEE SERVICES FINANCE MGMNT
HONEYWELL INTERNATIONAL INC. MASTER RETIREMENT TRUST
$17.9B
HONEYWELL INTERNATIONAL INC.
HONEYWELL RETIREMENT EARNINGS PLAN
$16.6B · 9,275 participants
HONEYWELL INTERNATIONAL INC
HONEYWELL 401(K) PLAN
$16.3B · 44,069 participants
HONEYWELL INTERNATIONAL INC
HONEYWELL SAVINGS AND OWNERSHIP PLAN MASTER TRUST
$16.2B
TRUIST FINANCIAL CORPORATION
TRUIST FINANCIAL CORPORATION PENSION PLAN
$14.7B · 33,167 participants