401(k) · DOL Form 5500 · 2023

Carolina Tractor & Equipment Company 401(k) Plan

Data updated 2026-08-11

$139M
Total assets
1,725
Participants
93rd
Percentile by assets
$80,829
Avg per participant
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Official DOL plan name: Cte 401(k) Plan · Sponsored by Carolina Tractor & Equipment Company · North Carolina · Retail Trade

$139M in assets, 1,725 participants

Carolina Tractor & Equipment Company's Cte 401(k) Plan reported $139M in total assets and 1,725 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #8,088 in Retail Trade (8,414 peers)

Coverage in North Carolina

Cte 401(k) Plan covers 1,725 participants in North Carolina, 2.1x the typical North Carolina plan (state average ~819 per filing). Assets: $139M.

$139M
total plan assets (2023 EOY)
1,725
covered participants
93rd
percentile by assets (of 127,072 plans)
$80,829
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cte 401(k) Plan reported net income rose from -$11M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Cte 401(k) Plan end-of-year assets rose from $112M in the plan year 2022 filing to $139M in the plan year 2023 filing.
  • Cte 401(k) Plan reported participants rose from 1,458 in the plan year 2022 filing to 1,725 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Cte 401(k) Plan reports 1,725 participants - 2.1x that state average ($139M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$139M
Net Income$28M
Employer EIN560167230
Plan Effective Date1952-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carolina Tractor & Equipment Company)

$100M$110M$120M$130M$140M$150M 20222023 $112M $139M ▲ +24.9%
Total plan assets by year, all Carolina Tractor & Equipment Company plans on file
Year Plans Participants Total Assets
2022 1 1,458 $112M
2023 1 1,725 $139M

Nearby 401(k) Plans in North Carolina

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

Cte 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Cte 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 Cte 401(k) PlanThe Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Nucor Corporation Pr…
Cte 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cte 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Cte 401(k) Plan assets move in 2023?
Cte 401(k) Plan grew sharply - up 24.9% during 2023, from $112M to $139M. Reported net income was $28M.
How have Carolina Tractor & Equipment Company plan assets changed over time?
Across 2 plan years on file (2022-2023), Carolina Tractor & Equipment Company's sponsor-wide assets grew 24.9%, from $112M to $139M.
Where does Cte 401(k) Plan rank by assets among Form 5500 filers?
Cte 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Cte 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cmg Hourly 401(k) Plan in AL ($139M, 894 participants).

Filing takeaways

Ways to act on Cte 401(k) Plan's numbers.

  • By total assets, Cte 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • Carolina Tractor & Equipment Company's sponsor-wide assets have grown 24.9% since 2022 across 2 plan years on file. More Retail Trade plans