Profit Sharing · DOL Form 5500 · 2023

Carpenter Co. Profit Sharing Plan

Data updated 2026-08-25

$299M
Total assets Above avg plan size
2,085
Participants Near avg headcount
96th
Percentile by assets National rank
$143,527
Avg per participant Near avg balance/head
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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.

  • #17,570 in Manufacturing (18,722 peers)

Coverage in Virginia

Carpenter Co. Profit-Sharing Plan covers 2,085 participants in Virginia, 2.7x the typical Virginia plan (state average ~782 per filing). Assets: $299M.

#17,570
in Manufacturing (18,722 peers)
+13.6%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Carpenter Co. Profit-Sharing Plan's outsized position by total assets

Carpenter Co. Profit-Sharing Plan vs every filed plan by assets

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

$299,252,968 Top 4% higher than 96% 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. Profit-Sharing 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. Profit-Sharing Plan lands in the large band (2,085 participants).

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 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 540499731 · Carpenter Co. PY 2023 · Profit Sharing

Carpenter Co. Profit-Sharing Plan · $299M · 2,085 · 96th

  • EOY $299M
  • 5500 2,085
  • ASSETS 96th
  • PCT Profit Sharing
  • EIN near Pacific Coast Building Products, Inc. Profit Sharing/Ret Plan & Trust Agreement
  • RANK ind #17570

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. Profit-Sharing Plan in the asset neighbourhood

Cooper Health System, Inc. Defined Contribution Retirement PlanCooper Health System, Inc. D…$304MCarpenter Co. Profit-Sharing PlanCarpenter Co. Profit-Sharing…$299MPacific Coast Building Products, Inc. Profit Sharing/Ret Plan & Trust AgreementPacific Coast Building Produ…$299MHp Inc. Deferred Profit-Sharing PlanHp Inc. Deferred Profit-Shar…$298MAnnuity Fund of Operating Engineers Local 513Annuity Fund of Operating En…$298M
End-of-year total assets ($M) among Carpenter Co. Profit-Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

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.)

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 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 Scatter plot of 6 data points. -5000050001000015000 00.511.5 Total assets ($B) Participants Carpenter Co. Profit-Sharing Plan, Total assets ($B): 0.299252968 · Participants: 2085Carpenter Co. Profit-Sharing PlanSection 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia, Total assets ($B): 1.065508171 · Participants: 5192Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in VirginiaAmerican Institutes for Research Tax Deferred Annuity Plan, Total assets ($B): 0.277296224 · Participants: 1521American Institutes for Research Tax Deferred Annuity PlanAnalytic Services Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.205110846 · Participants: 584Analytic Services Inc. Defined Contribution Retirement PlanAssociated Universities Inc. Retirement Plan, Total assets ($B): 0.193232355 · Participants: 541Associated Universities Inc. Retirement PlanSentara Healthcare 401(a) Retirement Plan, Total assets ($B): 0.121501138 · Participants: 13430Sentara Healthcare 401(a) Retirement Plan
Carpenter Co. Profit-Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants
Compare Carpenter Co. Profit-Sharing Plan side-by-side with 3 peers →

Carpenter Co. Profit-Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Virginia, the nearest Profit Sharing by assets is Pacific Coast Building Products, Inc. Profit Sharing/Ret Plan & Trust Agreement in CA ($299M); by covered participants it is St. Lawrence Health System 403(b) Retirement Plan in NY (2,075 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,085 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. 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 127,072 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).
Which Profit Sharing plans cover a similar participant headcount to Carpenter Co. Profit-Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is St. Lawrence Health System 403(b) Retirement Plan in NY (2,075 participants, $149M 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.