Profit Sharing · DOL Form 5500 · 2023

Carpenter Co. Profit Sharing Plan

Data updated 2026-08-06

$299M
Total assets
2,085
Participants
96th
Percentile by assets
$143,527
Avg per participant
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Official DOL plan name: Carpenter Co. Profit-Sharing Plan · Sponsored by Carpenter Co. · Virginia · Manufacturing

$299M in assets, 2,085 participants

Carpenter Co.'s Carpenter Co. Profit-Sharing Plan reported $299M in total assets and 2,085 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 126,618 plans)
  • #17,520 in Manufacturing (18,672 peers)

Coverage in Virginia

Carpenter Co. Profit-Sharing Plan covers 2,085 participants in Virginia, 2.7x the typical Virginia plan (state average ~781 per filing). Assets: $299M.

$299M
total plan assets (2023 EOY)
2,085
covered participants
96th
percentile by assets (of 126,618 plans)
$143,527
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carpenter Co. Profit-Sharing Plan reported net income rose from -$73M in the plan year 2022 filing to $36M in the plan year 2023 filing.
  • Carpenter Co. Profit-Sharing Plan end-of-year assets rose from $263M in the plan year 2022 filing to $299M in the plan year 2023 filing.
  • Carpenter Co. Profit-Sharing Plan reported participants fell from 2,096 in the plan year 2022 filing to 2,085 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Carpenter Co. Profit-Sharing Plan reports 2,085 participants - 2.7x that state average ($299M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$263M
Net Assets (End of Year)$299M
Net Income$36M
Employer EIN540499731
Plan Effective Date1964-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Carpenter Co.)

$300M$350M$400M$450M$500M 202220232024 $352M $467M ▲ +32.5%
Total plan assets by year, all Carpenter Co. plans on file
Year Plans Participants Total Assets
2022 2 4,842 $352M
2023 2 4,760 $404M
2024 2 4,896 $467M

Nearby Profit Sharing Plans in Virginia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Carpenter Co. Profit-Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Carpenter Co. Profit-Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.5 Total assets ($B) Participants Carpenter Co. Profit…Section 403(b) Defin…American Institutes …Analytic Services In…Associated Universit…Sentara Healthcare 4…
Carpenter Co. Profit-Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Carpenter Co. Profit-Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Carpenter Co. Profit-Sharing Plan assets move in 2023?
Carpenter Co. Profit-Sharing Plan grew at a solid clip - up 13.6% during 2023, from $263M to $299M. Reported net income was $36M.
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. Profit-Sharing Plan rank by assets among Form 5500 filers?
Carpenter Co. Profit-Sharing Plan ranks in the 96th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Carpenter Co. Profit-Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Pacific Coast Building Products, Inc. Profit Sharing/Ret Plan & Trust Agreement in CA ($299M, 2,160 participants).

Next read for Carpenter Co. Profit-Sharing Plan

Filing takeaways

Ways to act on Carpenter Co. Profit-Sharing Plan's numbers.