401(k) · DOL Form 5500 · 2023

Carter Machinery Company, Inc. 401(k) Plan

Data updated 2026-08-25

$406M
Total assets Above avg plan size
2,628
Participants Above avg headcount
97th
Percentile by assets National rank
$154,405
Avg per participant Above avg balance/head
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Official DOL plan name: Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. · Sponsored by Carter Machinery Company, Inc. · Virginia · Wholesale Trade

$406M in assets, 2,628 participants

Carter Machinery Company, Inc.'s Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reported $406M in total assets and 2,628 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #6,185 in Wholesale Trade (6,309 peers)

Coverage in Virginia

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. covers 2,628 participants in Virginia, 3.4x the typical Virginia plan (state average ~782 per filing). Assets: $406M.

#6,185
in Wholesale Trade (6,309 peers)
+19.1%
assets growth YoY
4.1×
vs typical plan assets (national mean)

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.'s outsized position by total assets

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs every filed plan by assets

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

$405,775,097 Top 3% higher than 97% 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

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.'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. Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. lands in the large band (2,628 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reported net income rose from -$51M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reported participants rose from 2,194 in the plan year 2022 filing to 2,628 in the plan year 2023 filing.
  • Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. end-of-year assets rose from $341M in the plan year 2022 filing to $406M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 371170559 · Carter Machinery Company, Inc. PY 2023 · 401(k)

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. · $406M · 2,628 · 97th

  • IND $406M
  • EOY 2,628
  • 5500 97th
  • ASSETS 401(k)
  • PCT near Core & Main 401(k) Retirement Plan
  • EIN ind #6185

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 Virginia →

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. in the asset neighbourhood

Hubspot, Inc. 401(k) Profit Sharing Plan & TrustHubspot, Inc. 401(k) Profit …$406MMidland Retirement Plan$406MEmployees' Retirement and Savings Plan of Carter Machinery Company, Inc.Employees' Retirement and Sa…$406MCore & Main 401(k) Retirement PlanCore & Main 401(k) Retiremen…$406MLeviton Manufacturing Co., Inc. Retirement Savings PlanLeviton Manufacturing Co., I…$404M
End-of-year total assets ($M) among Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$341M
Net Assets (End of Year)$406M
Net Income$65M
Employer EIN371170559
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carter Machinery Company, Inc.)

Sponsor-wide plan assets over time

All Carter Machinery Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$466M 36.789789029216706% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $341M $466M ▲ +36.8%
Year Plans Participants Total Assets
2022 1 2,194 $341M
2023 1 2,628 $406M
2024 1 2,925 $466M

Nearby 401(k) Plans in Virginia

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

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Employees' Retirement and Savings Plan of Carter Machinery Company, Inc., Total assets ($B): 0.405775097 · Participants: 2628Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.Northrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. side-by-side with 3 peers →

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.'s out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Core & Main 401(k) Retirement Plan in MO ($406M); by covered participants it is Awg, Inc Restated 401(k) Plan in KS (2,628 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($406M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,628 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 Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. assets move in 2023? ▼
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. grew sharply - up 19.1% during 2023, from $341M to $406M. Reported net income was $65M.
How have Carter Machinery Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carter Machinery Company, Inc.'s sponsor-wide assets grew 36.8%, from $341M to $466M.
Where does Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. rank by assets among Form 5500 filers? ▼
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. ranks in the 97th 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 401(k) plans are similar in size to Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Core & Main 401(k) Retirement Plan in MO ($406M, 4,115 participants).
Which 401(k) plans cover a similar participant headcount to Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Awg, Inc Restated 401(k) Plan in KS (2,628 participants, $273M 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 371170559.

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.