Profit Sharing · DOL Form 5500 · 2022

The Carpenter Group Profit Sharing Plan

Data updated 2026-08-11

$10M
Total assets
98
Participants
64th
Percentile by assets
$98,773
Avg per participant
PlainRetire home → About this data

Official DOL plan name: The Carpenter Group Profit Sharing Plan · Sponsored by The Carpenter Group · California · Manufacturing

$10M in assets, 98 participants

The Carpenter Group's The Carpenter Group Profit Sharing Plan reported $10M in total assets and 98 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 139,126 plans)
  • #10,577 in Manufacturing (20,602 peers)

The Carpenter Group multi-year trail

The Carpenter Group's plans moved -48.4% in assets from 2022 to 2024; this filing shows The Carpenter Group Profit Sharing Plan at $10M / 98 participants.

$10M
total plan assets (2022 EOY)
98
covered participants
64th
percentile by assets (of 139,126 plans)
$98,773
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

The Carpenter Group across 3 plan years on file

Across the 3 plan years The Carpenter Group has on file (2022-2024), sponsor-wide plan assets have moved from $10M to $5M, a decline of 48.4%, while reported participants moved from 98 to 119 (+21.4%). Peak year by sponsor assets: 2023 ($11M); trough: 2024 ($5M).

The Carpenter Group multi-year asset trail

$4M$6M$8M$10M$12M 202220232024 $9.68M $5M ▼ -48.3%
Total plan assets by year, all The Carpenter Group plans on file
Year Plans Participants Total Assets
2022 1 98 $10M
2023 1 96 $11M
2024 1 119 $5M

The Carpenter Group filing trail (2022)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$2M
Employer EIN941167896
Plan Effective Date1985-08-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

The Carpenter Group Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

The Carpenter Group Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants The Carpenter Group …Intel Retirement Con…Scpmg Keogh PlanMotion Picture Indus…Memorialcare Retirem…Cedars-Sinai Health …
The Carpenter Group Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to The Carpenter Group Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did The Carpenter Group Profit Sharing Plan assets move in 2022?
The Carpenter Group Profit Sharing Plan declined sharply - down 15.5% during 2022, from $11M to $10M. Reported net income was -$2M.
How have The Carpenter Group plan assets changed over time?
Across 3 plan years on file (2022-2024), The Carpenter Group's sponsor-wide assets declined 48.4%, from $10M to $5M.
Which Profit Sharing plans are similar in size to The Carpenter Group Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Gillen and Johnson PA Profit Sharing Plan and Trust in NJ ($10M, 10 participants).

Next read for The Carpenter Group Profit Sharing Plan

Multi-year trail

Ways to act on The Carpenter Group Profit Sharing Plan's numbers.

  • By total assets, The Carpenter Group Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
  • The Carpenter Group's sponsor-wide assets have declined 48.4% since 2022 across 3 plan years on file. More Manufacturing plans