401(k) · DOL Form 5500 · 2023

Ascendum Machinery, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
275
Participants Below avg headcount
76th
Percentile by assets National rank
$87,086
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ascendum Machinery, Inc. 401(k) Plan · Sponsored by Ascendum Machinery, Inc. · North Carolina · Wholesale Trade

$24M in assets, 275 participants

Ascendum Machinery, Inc.'s Ascendum Machinery, Inc. 401(k) Plan reported $24M in total assets and 275 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.

  • #4,660 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Ascendum Machinery, Inc. 401(k) Plan covers 275 participants in North Carolina, about 34% of the average North Carolina filer (state average ~819 per filing). Assets: $24M.

#4,660
in Wholesale Trade (6,309 peers)
+12.3%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Ascendum Machinery, Inc. 401(k) Plan's outsized position by total assets

Ascendum Machinery, Inc. 401(k) Plan vs every filed plan by assets

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

$23,948,682 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

Ascendum Machinery, Inc. 401(k) 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. Ascendum Machinery, Inc. 401(k) Plan sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ascendum Machinery, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Ascendum Machinery, Inc. 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Ascendum Machinery, Inc. 401(k) Plan reported participants rose from 266 in the plan year 2022 filing to 275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 201862082 · Ascendum Machinery, Inc. PY 2023 · 401(k)

Ascendum Machinery, Inc. 401(k) Plan · $24M · 275 · 76th

  • EBSA $24M
  • EBSA 275
  • EBSA 76th
  • EBSA 401(k)
  • EBSA near Sweetgreen, Inc. 401(k) Plan
  • EBSA ind #4660

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 →

Ascendum Machinery, Inc. 401(k) Plan in the asset neighbourhood

Ascendum Machinery, Inc. 401(k) PlanAscendum Machinery, Inc. 401…$24MSweetgreen, Inc. 401(k) Plan$24MAchronix Semiconductor 401(k) PlanAchronix Semiconductor 401(k…$24MNasba Employee 401(k) Plan$24MCarrier Process Equipment Group, Inc. 401(k) Plan and TrustCarrier Process Equipment Gr…$24M
End-of-year total assets ($M) among Ascendum Machinery, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$3M
Employer EIN201862082
Plan Effective Date2012-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ascendum Machinery, Inc.)

Sponsor-wide plan assets over time

All Ascendum Machinery, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 25.634231229096454% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.3M $26.8M ▲ +25.7%
Year Plans Participants Total Assets
2022 1 266 $21M
2023 1 275 $24M
2024 1 300 $27M

Nearby 401(k) Plans in North Carolina

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

Ascendum Machinery, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Ascendum Machinery, Inc. 401(k) Plan, Total assets ($B): 0.023948682 · Participants: 275Ascendum Machinery, Inc. 401(k) 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
Ascendum Machinery, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Ascendum Machinery, Inc. 401(k) Plan side-by-side with 3 peers →

Ascendum Machinery, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Sweetgreen, Inc. 401(k) Plan in CA ($24M); by covered participants it is Centrus Savings Program in MD (275 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 (275 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 Ascendum Machinery, Inc. 401(k) Plan assets move in 2023? ▼
Ascendum Machinery, Inc. 401(k) Plan grew at a solid clip - up 12.3% during 2023, from $21M to $24M. Reported net income was $3M.
How have Ascendum Machinery, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ascendum Machinery, Inc.'s sponsor-wide assets grew 25.6%, from $21M to $27M.
Where does Ascendum Machinery, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Ascendum Machinery, Inc. 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 Ascendum Machinery, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sweetgreen, Inc. 401(k) Plan in CA ($24M, 3,199 participants).
Which 401(k) plans cover a similar participant headcount to Ascendum Machinery, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Centrus Savings Program in MD (275 participants, $198M 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 201862082.

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.