401(k)
2023 plan-year 401(k) DOL Form 5500

TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN

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

TITAN MACHINERY, INC.

This 401(k) plan holds $214M in total assets and serves 1,805 participants as of 2023. It is sponsored by TITAN MACHINERY, INC. in North Dakota. The plan reported positive net income of $38M for the year.

Total Assets (2023)
$214M
Participants
1,805
State
Industry
Retail Trade

What the Filing Says About TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN

TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN is a 401(k) retirement plan sponsored by TITAN MACHINERY, INC., headquartered in North Dakota. As of the 2023 Form 5500 filing, the plan reports $214M in total end-of-year assets and covers 1,805 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 450357838, and the plan has been effective since 1985-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $158M at the beginning of 2023 to $214M at year-end — a gain of 35.6%. Net assets (after liabilities) closed the year at $214M, with reported net income of $38M 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)$158M
Total Assets (End of Year)$214M
Net Assets (End of Year)$214M
Net Income$38M
Plan Type401(k)
Employer EIN450357838
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TITAN MACHINERY, INC.)

Year Plans Participants Total Assets
2022 1 1,821 $158M
2023 1 1,805 $214M
2024 1 2,362 $249M

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Frequently Asked Questions

How much money is in the TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN?
As of the 2023 Form 5500 filing, TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN holds $214M in total assets with 1,805 participants. It is sponsored by TITAN MACHINERY, INC..
What type of plan is TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN?
TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN is a 401(k) plan. It has been effective since 1985-02-01. The plan is filed with the U.S. Department of Labor under EIN 450357838.
Who sponsors the TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN?
TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN is sponsored by TITAN MACHINERY, INC., located in North Dakota. The sponsor's EIN is 450357838 and the plan operates in the Retail Trade industry.
How did TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN perform in 2023?
TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN grew by 35.6% during 2023, moving from $158M to $214M in total assets. Net income was $38M.
Where can I find official filings for TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN?
Official Form 5500 filings for TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 450357838 or plan name at efast.dol.gov.
How does TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN compare to other plans?
You can compare TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN against other 401(k) plans on the plan type page, or view plans in North Dakota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 450357838.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.