401(k) · DOL Form 5500 · 2023

Tencarva Machinery Company, LLC. 401(k) Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
428
Participants Below avg headcount
90th
Percentile by assets National rank
$190,230
Avg per participant Above avg balance/head
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Official DOL plan name: Tencarva Machinery Company Profit Sharing & 401(k) Plan · Sponsored by Tencarva Machinery Company, LLC. · North Carolina · Wholesale Trade

$81M in assets, 428 participants

Tencarva Machinery Company, LLC.'s Tencarva Machinery Company Profit Sharing & 401(k) Plan reported $81M in total assets and 428 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #5,766 in Wholesale Trade (6,309 peers)

Where Tencarva Machinery Company Profit Sharing & 401(k) Plan sits by assets

Tencarva Machinery Company Profit Sharing & 401(k) Plan sits in the top 10% of all filed plans by assets, $81M for 428 participants (~$190,230/participant), up 22.1% in 2023.

#5,766
in Wholesale Trade (6,309 peers)
+22.1%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Tencarva Machinery Company Profit Sharing & 401(k) Plan's outsized position by total assets

Tencarva Machinery Company Profit Sharing & 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$81,418,228 Top 10% higher than 90% of 127,068 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 2023

Tencarva Machinery Company Profit Sharing & 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tencarva Machinery Company Profit Sharing & 401(k) Plan sits mid-pack in the medium band (428 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tencarva Machinery Company Profit Sharing & 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Tencarva Machinery Company Profit Sharing & 401(k) Plan end-of-year assets rose from $67M in the plan year 2022 filing to $81M in the plan year 2023 filing.
  • Tencarva Machinery Company Profit Sharing & 401(k) Plan reported participants rose from 369 in the plan year 2022 filing to 428 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 561198229 · Tencarva Machinery Company, LLC. PY 2023 · 401(k)

Tencarva Machinery Company Profit Sharing & 401(k) Plan · $81M · 428 · 90th

  • IND $81M
  • EOY 428
  • 5500 90th
  • ASSETS 401(k)
  • PCT near Advisor360 401(k) P/S Plan
  • EIN ind #5766

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 →

Tencarva Machinery Company Profit Sharing & 401(k) Plan in the asset neighbourhood

Sfm Mutual Insurance Company Savings and Retirement PlanSfm Mutual Insurance Company…$81MCredit One Bank, N. a. 401(k) Plan and TrustCredit One Bank, N. a. 401(k…$81MTencarva Machinery Company Profit Sharing & 401(k) PlanTencarva Machinery Company P…$81MAdvisor360 401(k) P/S Plan$81MOracle Financial Services Software Inc. 401(k) Profit Sharing PlanOracle Financial Services So…$81M
End-of-year total assets ($M) among Tencarva Machinery Company Profit Sharing & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$81M
Net Income$15M
Employer EIN561198229
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tencarva Machinery Company, LLC.)

Sponsor-wide plan assets over time

All Tencarva Machinery Company, LLC. plans reported in each filing year

Latest sponsor-wide plan assets
$91M 35.998192622614944% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $66.7M $90.7M ▲ +36.0%
Year Plans Participants Total Assets
2022 1 369 $67M
2023 1 428 $81M
2024 1 433 $91M

Nearby 401(k) Plans in North Carolina

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

Tencarva Machinery Company Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Tencarva Machinery Company Profit Sharing & 401(k) Plan, Total assets ($B): 0.081418228 · Participants: 428Tencarva Machinery Company Profit Sharing & 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Tencarva Machinery Company Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Tencarva Machinery Company Profit Sharing & 401(k) Plan side-by-side with 3 peers →

Tencarva Machinery Company Profit Sharing & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Advisor360 401(k) P/S Plan in MA ($81M); by covered participants it is Americas Styrenics LLC 401(k) Savings and Profit Sharing Plan in TX (428 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (428 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tencarva Machinery Company Profit Sharing & 401(k) Plan assets move in 2023? ▼
Tencarva Machinery Company Profit Sharing & 401(k) Plan grew sharply - up 22.1% during 2023, from $67M to $81M. Reported net income was $15M.
How have Tencarva Machinery Company, LLC. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tencarva Machinery Company, LLC.'s sponsor-wide assets grew 36.0%, from $67M to $91M.
Where does Tencarva Machinery Company Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers? ▼
Tencarva Machinery Company Profit Sharing & 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Tencarva Machinery Company Profit Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Advisor360 401(k) P/S Plan in MA ($81M, 454 participants).
Which 401(k) plans cover a similar participant headcount to Tencarva Machinery Company Profit Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Americas Styrenics LLC 401(k) Savings and Profit Sharing Plan in TX (428 participants, $189M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561198229.

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.