The Cato Corporation 401(k)/Profit Sharing Plan

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Cato Corporation · North Carolina · Retail Trade

What the 2023 filing shows

The Cato Corporation 401(k)/Profit Sharing Plan holds $71M for 2,737 participants — about $25,759 per participant, up 12.1% over the 2023 plan year.

$71M
total plan assets (2023 EOY): 2,737
covered participants: $25,759
avg assets per participant: +12.1%
assets growth YoY

Total Assets (2023)

$71M

Participants

2,737

State

North Carolina

Industry

Retail Trade

What the Filing Says About The Cato Corporation 401(k)/Profit Sharing Plan

The Cato Corporation 401(k)/Profit Sharing Plan is a 401(k) retirement plan sponsored by Cato Corporation, headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $71M in total end-of-year assets and covers 2,737 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 560484485, and the plan has been effective since 1984-01-28. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $63M at the beginning of 2023 to $71M at year-end — a gain of 12.1%. Net assets (after liabilities) closed the year at $71M, with reported net income of $8M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$63M
Total Assets (End of Year)	$71M
Net Assets (End of Year)	$71M
Net Income	$8M
Plan Type	401(k)
Employer EIN	560484485
Plan Effective Date	1984-01-28
Filing Status	FILING RECEIVED

Sponsor Plan History (Cato Corporation)

Year	Plans	Participants	Total Assets
2022	2	5,553	$101M
2023	2	5,539	$99M
2024	2	5,260	$89M

Nearby 401(k) Plans in North Carolina

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

The Bank of America 401(k) Plan $54.8B · 173,899
Honeywell 401(k) Plan $15.4B · 40,004
Duke Energy Retirement Savings Plan $10.4B · 28,121
Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174

Compare The Cato Corporation 401(k)/Profit Shari… side-by-side with 3 peers →

Related Data

Guides

Frequently Asked Questions

How much money is in the The Cato Corporation 401(k)/Profit Sharing Plan? ▼

As of the 2023 Form 5500 filing, The Cato Corporation 401(k)/Profit Sharing Plan holds $71M in total assets with 2,737 participants. It is sponsored by Cato Corporation.

What type of plan is The Cato Corporation 401(k)/Profit Sharing Plan? ▼

The Cato Corporation 401(k)/Profit Sharing Plan is a 401(k) plan. It has been effective since 1984-01-28. The plan is filed with the U.S. Department of Labor under EIN 560484485.

Who sponsors the The Cato Corporation 401(k)/Profit Sharing Plan? ▼

The Cato Corporation 401(k)/Profit Sharing Plan is sponsored by Cato Corporation, located in North Carolina. The sponsor's EIN is 560484485 and the plan operates in the Retail Trade industry.

How did The Cato Corporation 401(k)/Profit Sharing Plan perform in 2023? ▼

The Cato Corporation 401(k)/Profit Sharing Plan grew by 12.1% during 2023, moving from $63M to $71M in total assets. Net income was $8M.

Where can I find official filings for The Cato Corporation 401(k)/Profit Sharing Plan? ▼

Official Form 5500 filings for The Cato Corporation 401(k)/Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560484485 or plan name at efast.dol.gov.

How does The Cato Corporation 401(k)/Profit Sharing Plan compare to other plans? ▼

You can compare The Cato Corporation 401(k)/Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.