401(k) · DOL Form 5500 · 2023

Carpenter Co. 401(k) Plan

Data updated 2026-08-25

$104M
Total assets Near avg plan size
2,675
Participants Above avg headcount
92nd
Percentile by assets National rank
$38,999
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Carpenter Co. Employee Savings & Investment Plan · Sponsored by Carpenter Co. · Virginia · Manufacturing

$104M in assets, 2,675 participants

Carpenter Co.'s Carpenter Co. Employee Savings & Investment Plan reported $104M in total assets and 2,675 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #16,335 in Manufacturing (18,722 peers)

Coverage in Virginia

Carpenter Co. Employee Savings & Investment Plan covers 2,675 participants in Virginia, 3.4x the typical Virginia plan (state average ~782 per filing). Assets: $104M.

#16,335
in Manufacturing (18,722 peers)
+17.2%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Carpenter Co. Employee Savings & Investment Plan's outsized position by total assets

Carpenter Co. Employee Savings & Investment Plan vs every filed plan by assets

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

$104,321,433 Top 8% higher than 92% 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

Carpenter Co. Employee Savings & Investment 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. Carpenter Co. Employee Savings & Investment Plan lands in the large band (2,675 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carpenter Co. Employee Savings & Investment Plan reported net income rose from -$20M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Carpenter Co. Employee Savings & Investment Plan end-of-year assets rose from $89M in the plan year 2022 filing to $104M in the plan year 2023 filing.
  • Carpenter Co. Employee Savings & Investment Plan reported participants fell from 2,746 in the plan year 2022 filing to 2,675 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 540499731 · Carpenter Co. PY 2023 · 401(k)

Carpenter Co. Employee Savings & Investment Plan · $104M · 2,675 · 92nd

  • EBSA $104M
  • PART 2,675
  • TYPE 92nd
  • NET 401(k)
  • BOOK near Stockman Financial Corp 401(k) Plan
  • VS-ST ind #16335

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 Virginia →

Carpenter Co. Employee Savings & Investment Plan in the asset neighbourhood

Buffalo Rock Co. 401(k) Retirement PlanBuffalo Rock Co. 401(k) Reti…$104MStockman Financial Corp 401(k) PlanStockman Financial Corp 401(…$104MCarpenter Co. Employee Savings & Investment PlanCarpenter Co. Employee Savin…$104MSpokane Teachers Credit Union 401(k) Retirement Savings PlanSpokane Teachers Credit Unio…$104MQurate Retail Group 401(k) Retirement Savings Plan for Cornerstone BrandsQurate Retail Group 401(k) R…$104M
End-of-year total assets ($M) among Carpenter Co. Employee Savings & Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$104M
Net Income$15M
Employer EIN540499731
Plan Effective Date1997-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carpenter Co.)

Sponsor-wide plan assets over time

All Carpenter Co. plans reported in each filing year

Latest sponsor-wide plan assets
$467M 32.52651481473517% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $352M $467M ▲ +32.5%
Year Plans Participants Total Assets
2022 2 4,842 $352M
2023 2 4,760 $404M
2024 2 4,896 $467M

Nearby 401(k) Plans in Virginia

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

Carpenter Co. Employee Savings & Investment Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Carpenter Co. Employee Savings & Investment Plan, Total assets ($B): 0.104321433 · Participants: 2675Carpenter Co. Employee Savings & Investment PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Carpenter Co. Employee Savings & Investment Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Carpenter Co. Employee Savings & Investment Plan side-by-side with 3 peers →

Carpenter Co. Employee Savings & Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Stockman Financial Corp 401(k) Plan in MT ($104M); by covered participants it is Teamwork Services 401(k) & Profit Sharing Plan in GA (2,674 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,675 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 Carpenter Co. Employee Savings & Investment Plan assets move in 2023? ▼
Carpenter Co. Employee Savings & Investment Plan grew sharply - up 17.2% during 2023, from $89M to $104M. Reported net income was $15M.
How have Carpenter Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carpenter Co.'s sponsor-wide assets grew 32.5%, from $352M to $467M.
Where does Carpenter Co. Employee Savings & Investment Plan rank by assets among Form 5500 filers? ▼
Carpenter Co. Employee Savings & Investment Plan ranks in the 92nd 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 Carpenter Co. Employee Savings & Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stockman Financial Corp 401(k) Plan in MT ($104M, 758 participants).
Which 401(k) plans cover a similar participant headcount to Carpenter Co. Employee Savings & Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teamwork Services 401(k) & Profit Sharing Plan in GA (2,674 participants, $57M 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 540499731.

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.