401(k) · DOL Form 5500 · 2022

Ascendum Machinery, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
266
Participants Below avg headcount
78th
Percentile by assets National rank
$80,156
Avg per participant Below avg balance/head
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Official DOL plan name: Ascendum Machinery, Inc. 401(k) Plan · Sponsored by Ascendum Machinery, Inc. · North Carolina · Wholesale Trade

$21M in assets, 266 participants

Ascendum Machinery, Inc.'s Ascendum Machinery, Inc. 401(k) Plan reported $21M in total assets and 266 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,233 in Wholesale Trade (6,843 peers)

Coverage in North Carolina

Ascendum Machinery, Inc. 401(k) Plan covers 266 participants in North Carolina, about 32% of the average North Carolina filer (state average ~819 per filing). Assets: $21M.

#5,233
in Wholesale Trade (6,843 peers)
-8.9%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

Ascendum Machinery, Inc. 401(k) Plan's outsized position by total assets

Ascendum Machinery, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$21,321,443 Top 22% higher than 78% of 139,123 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 2022

Ascendum Machinery, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ascendum Machinery, Inc. 401(k) Plan sits mid-pack in the medium band (266 participants).

Plan-year Form 5500 strip

Filing strip 201862082 · Ascendum Machinery, Inc. PY 2022 · 401(k)

Ascendum Machinery, Inc. 401(k) Plan · $21M · 266 · 78th

  • BOOK $21M
  • VS-ST 266
  • BOY 78th
  • SCH 401(k)
  • EBSA near General Electric Credit Union Employees Retirement Plan
  • PART ind #5233

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Ascendum Machinery, Inc. 401(k) Plan in the asset neighbourhood

Otg Concessions Management, LLC 401(k) Profit Sharing PlanOtg Concessions Management, …$21MAscendum Machinery, Inc. 401(k) PlanAscendum Machinery, Inc. 401…$21MGeneral Electric Credit Union Employees Retirement PlanGeneral Electric Credit Unio…$21MBarghausen Consulting Engineers, Inc. 401(k) Profit Sharing Plan & TrustBarghausen Consulting Engine…$21MTraffic Planning and Design Inc. 401(k) Profit Shari 401(k) Profit Sharing PlanTraffic Planning and Design …$21M
End-of-year total assets ($M) among Ascendum Machinery, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$21M
Net Income-$2M
Employer EIN201862082
Plan Effective Date2012-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ascendum Machinery, Inc.)

Sponsor-wide plan assets over time

All Ascendum Machinery, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 25.634231229096454% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.3M $26.8M ▲ +25.7%
Year Plans Participants Total Assets
2022 1 266 $21M
2023 1 275 $24M
2024 1 300 $27M

Nearby 401(k) Plans in North Carolina

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

Ascendum Machinery, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Ascendum Machinery, Inc. 401(k) Plan, Total assets ($B): 0.021321443 · Participants: 266Ascendum Machinery, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Ascendum Machinery, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Ascendum Machinery, Inc. 401(k) Plan side-by-side with 3 peers →

Ascendum Machinery, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is General Electric Credit Union Employees Retirement Plan in OH ($21M); by covered participants it is Pioneer Circuits, Inc. Profit Sharing and 401(k) Plan in CA (266 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (266 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ascendum Machinery, Inc. 401(k) Plan assets move in 2022? ▼
Ascendum Machinery, Inc. 401(k) Plan pulled back noticeably - down 8.9% during 2022, from $23M to $21M. Reported net income was -$2M.
How have Ascendum Machinery, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ascendum Machinery, Inc.'s sponsor-wide assets grew 25.6%, from $21M to $27M.
Where does Ascendum Machinery, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Ascendum Machinery, Inc. 401(k) Plan ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ascendum Machinery, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is General Electric Credit Union Employees Retirement Plan in OH ($21M, 422 participants).
Which 401(k) plans cover a similar participant headcount to Ascendum Machinery, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pioneer Circuits, Inc. Profit Sharing and 401(k) Plan in CA (266 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 201862082.

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.