401(k) · DOL Form 5500 · 2023

Carter Express, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
1,640
Participants Near avg headcount
76th
Percentile by assets National rank
$14,376
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Carter 401(k) Plan · Sponsored by Carter Express, Inc. · Indiana · Transportation & Warehousing

$24M in assets, 1,640 participants

Carter Express, Inc.'s Carter 401(k) Plan reported $24M in total assets and 1,640 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.

  • #2,510 in Transportation & Warehousing (3,362 peers)

Coverage in Indiana

Carter 401(k) Plan covers 1,640 participants in Indiana, 3.0x the typical Indiana plan (state average ~541 per filing). Assets: $24M.

#2,510
in Transportation & Warehousing (3,362 peers)
+20.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Carter 401(k) Plan's outsized position by total assets

Carter 401(k) Plan vs every filed plan by assets

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

$23,577,075 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

Carter 401(k) 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. Carter 401(k) Plan lands in the large band (1,640 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carter 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Carter 401(k) Plan reported participants rose from 1,254 in the plan year 2022 filing to 1,640 in the plan year 2023 filing.
  • Carter 401(k) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $24M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 350962735 · Carter Express, Inc. PY 2023 · 401(k)

Carter 401(k) Plan · $24M · 1,640 · 76th

  • RANK $24M
  • PHOTO 1,640
  • IND 76th
  • EOY 401(k)
  • 5500 near Mill Steel Company 401(k) Profit Sharing Plan
  • ASSETS ind #2510

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 Transportation & Warehousing retirement plans → · Plans in Indiana →

Carter 401(k) Plan in the asset neighbourhood

Carter 401(k) Plan$24MMill Steel Company 401(k) Profit Sharing PlanMill Steel Company 401(k) Pr…$24MSkytap, Inc. Retirement Plan$24MBuckeye Ready-Mix, L.L.C. Profit Sharing PlanBuckeye Ready-Mix, L.L.C. Pr…$24MNoble 401(k) Profit Sharing Plan and TrustNoble 401(k) Profit Sharing …$24M
End-of-year total assets ($M) among Carter 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$24M
Net Income$4M
Employer EIN350962735
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carter Express, Inc.)

Sponsor-wide plan assets over time

All Carter Express, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 41.523695985659856% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.6M $27.7M ▲ +41.5%
Year Plans Participants Total Assets
2022 1 1,254 $20M
2023 1 1,640 $24M
2024 1 1,838 $28M

Nearby 401(k) Plans in Indiana

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

Carter 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Carter 401(k) Plan, Total assets ($B): 0.023577075 · Participants: 1640Carter 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Carter 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Carter 401(k) Plan side-by-side with 3 peers →

Carter 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Mill Steel Company 401(k) Profit Sharing Plan in MI ($24M); by covered participants it is Noble Network of Charter Schools 401(k) Profit Sharing Plan in IL (1,640 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,640 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 Carter 401(k) Plan assets move in 2023? ▼
Carter 401(k) Plan grew sharply - up 20.5% during 2023, from $20M to $24M. Reported net income was $4M.
How have Carter Express, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carter Express, Inc.'s sponsor-wide assets grew 41.5%, from $20M to $28M.
Where does Carter 401(k) Plan rank by assets among Form 5500 filers? ▼
Carter 401(k) 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 Carter 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mill Steel Company 401(k) Profit Sharing Plan in MI ($24M, 337 participants).
Which 401(k) plans cover a similar participant headcount to Carter 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Noble Network of Charter Schools 401(k) Profit Sharing Plan in IL (1,640 participants, $43M 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 350962735.

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.