401(k) · DOL Form 5500 · 2022

Carter Machinery Company, Inc. 401(k) Plan

Data updated 2026-08-11

$341M
Total assets
2,194
Participants
97th
Percentile by assets
$155,344
Avg per participant
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Official DOL plan name: Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. · Sponsored by Carter Machinery Company, Inc. · Virginia · Wholesale Trade

$341M in assets, 2,194 participants

Carter Machinery Company, Inc.'s Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reported $341M in total assets and 2,194 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #6,717 in Wholesale Trade (6,843 peers)

Coverage in Virginia

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. covers 2,194 participants in Virginia, 2.8x the typical Virginia plan (state average ~782 per filing). Assets: $341M.

$341M
total plan assets (2022 EOY)
2,194
covered participants
97th
percentile by assets (of 139,126 plans)
$155,344
avg assets per participant

The plan reported a net loss of $51M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reports 2,194 participants - 2.8x that state average ($341M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$392M
Net Assets (End of Year)$341M
Net Income-$51M
Employer EIN371170559
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carter Machinery Company, Inc.)

$300M$350M$400M$450M$500M 202220232024 $341M $466M ▲ +36.8%
Total plan assets by year, all Carter Machinery Company, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,194 $341M
2023 1 2,628 $406M
2024 1 2,925 $466M

Nearby 401(k) Plans in Virginia

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

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs. nearby 401(k) plans in Virginia, assets vs. participants

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -10010203040 Total assets ($B) Participants Employees' Retiremen…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. by total assets, not by location.

Frequently Asked Questions

How did Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. assets move in 2022?
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. pulled back noticeably - down 13.1% during 2022, from $392M to $341M. Reported net income was -$51M.
How have Carter Machinery Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Carter Machinery Company, Inc.'s sponsor-wide assets grew 36.8%, from $341M to $466M.
Where does Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. rank by assets among Form 5500 filers?
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.?
Among 401(k) plans in other states, the closest by assets is Moss Adams LLP Profit Sharing 401(k) Plan-Partners and Principals in WA ($341M, 363 participants).

Next read for Employees' Retirement and Savings Plan o…

Filing takeaways

Ways to act on Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.'s numbers.

  • By total assets, Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Carter Machinery Company, Inc.'s sponsor-wide assets have grown 36.8% since 2022 across 3 plan years on file. More Wholesale Trade plans