401(k) · DOL Form 5500 · 2023

Carotek, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
170
Participants Small participant base
76th
Percentile by assets National rank
$147,599
Avg per participant Above avg balance/head
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Official DOL plan name: Carotek, Inc. 401(k) Profit Sharing Plan · Sponsored by Carotek, Inc. · North Carolina · Wholesale Trade

$25M in assets, 170 participants

Carotek, Inc.'s Carotek, Inc. 401(k) Profit Sharing Plan reported $25M in total assets and 170 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #4,733 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Carotek, Inc. 401(k) Profit Sharing Plan covers 170 participants in North Carolina, about 21% of the average North Carolina filer (state average ~819 per filing). Assets: $25M.

#4,733
in Wholesale Trade (6,309 peers)
+13.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Carotek, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Carotek, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$25,091,871 Top 24% higher than 76% 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

Carotek, Inc. 401(k) Profit Sharing 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. Carotek, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (170 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carotek, Inc. 401(k) Profit Sharing Plan reported net income rose from -$6M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Carotek, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Carotek, Inc. 401(k) Profit Sharing Plan reported participants rose from 163 in the plan year 2022 filing to 170 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 561712853 · Carotek, Inc. PY 2023 · 401(k)

Carotek, Inc. 401(k) Profit Sharing Plan · $25M · 170 · 76th

  • BOY $25M
  • BOY 170
  • BOY 76th
  • BOY 401(k)
  • BOY near Mountainone Financial, Inc 401(k) Plan
  • BOY ind #4733

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 →

Carotek, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Haile Gold Mine, Inc. 401(k) Profit Sharing PlanHaile Gold Mine, Inc. 401(k)…$25MMcfarlane Incentive Savings and Profit Sharing PlanMcfarlane Incentive Savings …$25MCarotek, Inc. 401(k) Profit Sharing PlanCarotek, Inc. 401(k) Profit …$25MMountainone Financial, Inc 401(k) PlanMountainone Financial, Inc 4…$25MSatco Products, Inc. 401(k) PlanSatco Products, Inc. 401(k) …$25M
End-of-year total assets ($M) among Carotek, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN561712853
Plan Effective Date1992-06-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Carotek, Inc.)

Sponsor-wide plan assets over time

All Carotek, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 7.909583657156145% vs 2022
2024 filing year
$21M$22M$23M$24M$25M$26M 202220232024 $22.2M $24M ▲ +7.9%
Year Plans Participants Total Assets
2022 1 163 $22M
2023 1 170 $25M
2024 1 172 $24M

Nearby 401(k) Plans in North Carolina

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

Carotek, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Carotek, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.025091871 · Participants: 170Carotek, Inc. 401(k) Profit Sharing 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
Carotek, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Carotek, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Carotek, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Mountainone Financial, Inc 401(k) Plan in MA ($25M); by covered participants it is Keystone-Pacific 401(k) Plan in OR (170 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (170 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 Carotek, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Carotek, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 13.0% during 2023, from $22M to $25M. Reported net income was $3M.
How have Carotek, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carotek, Inc.'s sponsor-wide assets grew 7.9%, from $22M to $24M.
Where does Carotek, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Carotek, Inc. 401(k) Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Carotek, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mountainone Financial, Inc 401(k) Plan in MA ($25M, 167 participants).
Which 401(k) plans cover a similar participant headcount to Carotek, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Keystone-Pacific 401(k) Plan in OR (170 participants, N/A 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 561712853.

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.