401(k) · DOL Form 5500 · 2023

Carhartt, Inc. 401(k) Plan

Data updated 2026-08-25

$230M
Total assets Near avg plan size
1,995
Participants Near avg headcount
95th
Percentile by assets National rank
$115,471
Avg per participant Below avg balance/head
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Official DOL plan name: Carhartt, Inc. 401(k) Retirement Savings Plan · Sponsored by Carhartt, Inc. · Michigan · Manufacturing

$230M in assets, 1,995 participants

Carhartt, Inc.'s Carhartt, Inc. 401(k) Retirement Savings Plan reported $230M in total assets and 1,995 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,324 in Manufacturing (18,722 peers)

Coverage in Michigan

Carhartt, Inc. 401(k) Retirement Savings Plan covers 1,995 participants in Michigan, 3.1x the typical Michigan plan (state average ~638 per filing). Assets: $230M.

#17,324
in Manufacturing (18,722 peers)
+22.2%
assets growth YoY
2.3×
vs typical plan assets (national mean)

Carhartt, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

Carhartt, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$230,363,746 Top 5% higher than 95% 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

Carhartt, Inc. 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carhartt, Inc. 401(k) Retirement Savings Plan lands in the large band (1,995 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carhartt, Inc. 401(k) Retirement Savings Plan reported net income rose from -$26M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Carhartt, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $189M in the plan year 2022 filing to $230M in the plan year 2023 filing.
  • Carhartt, Inc. 401(k) Retirement Savings Plan reported participants rose from 1,863 in the plan year 2022 filing to 1,995 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381776575 · Carhartt, Inc. PY 2023 · 401(k)

Carhartt, Inc. 401(k) Retirement Savings Plan · $230M · 1,995 · 95th

  • IND $230M
  • IND 1,995
  • IND 95th
  • IND 401(k)
  • IND near Zscaler, Inc. 401(k) Plan
  • IND ind #17324

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 Manufacturing retirement plans → · Plans in Michigan →

Carhartt, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Mccoy Group, Inc. 401(k) Profit Sharing PlanMccoy Group, Inc. 401(k) Pro…$231MBrp Colleague, Inc. 401(k) PlanBrp Colleague, Inc. 401(k) P…$231MCsi Retirement Plan$231MCarhartt, Inc. 401(k) Retirement Savings PlanCarhartt, Inc. 401(k) Retire…$230MZscaler, Inc. 401(k) Plan$230M
End-of-year total assets ($M) among Carhartt, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$189M
Net Assets (End of Year)$230M
Net Income$42M
Employer EIN381776575
Plan Effective Date1968-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carhartt, Inc.)

Sponsor-wide plan assets over time

All Carhartt, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$308M 34.050843530686635% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $230M $308M ▲ +34.1%
Year Plans Participants Total Assets
2022 3 3,257 $230M
2023 3 3,257 $277M
2024 3 3,187 $308M

Nearby 401(k) Plans in Michigan

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

Carhartt, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Carhartt, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.230363746 · Participants: 1995Carhartt, Inc. 401(k) Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Carhartt, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Carhartt, Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

Carhartt, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Zscaler, Inc. 401(k) Plan in CA ($230M); by covered participants it is Deferred Salary Profit-Sharing Plan for Employees of Dcs Corporation in VA (1,996 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($230M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,995 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 Carhartt, Inc. 401(k) Retirement Savings Plan assets move in 2023? ▼
Carhartt, Inc. 401(k) Retirement Savings Plan grew sharply - up 22.2% during 2023, from $189M to $230M. Reported net income was $42M.
How have Carhartt, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carhartt, Inc.'s sponsor-wide assets grew 34.1%, from $230M to $308M.
Where does Carhartt, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Carhartt, Inc. 401(k) Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Carhartt, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Zscaler, Inc. 401(k) Plan in CA ($230M, 2,232 participants).
Which 401(k) plans cover a similar participant headcount to Carhartt, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Deferred Salary Profit-Sharing Plan for Employees of Dcs Corporation in VA (1,996 participants, $258M 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 381776575.

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.