401(k) · DOL Form 5500 · 2023

Titan Machinery, Inc. 401(k) Plan

Data updated 2026-08-11

$214M
Total assets
1,805
Participants
95th
Percentile by assets
$118,661
Avg per participant
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Official DOL plan name: Titan Machinery Inc. 401(k) Profit Sharing Plan · Sponsored by Titan Machinery, Inc. · North Dakota · Retail Trade

$214M in assets, 1,805 participants

Titan Machinery, Inc.'s Titan Machinery Inc. 401(k) Profit Sharing Plan reported $214M in total assets and 1,805 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #8,178 in Retail Trade (8,414 peers)

Coverage in North Dakota

Titan Machinery Inc. 401(k) Profit Sharing Plan covers 1,805 participants in North Dakota, 3.6x the typical North Dakota plan (state average ~504 per filing). Assets: $214M.

$214M
total plan assets (2023 EOY)
1,805
covered participants
95th
percentile by assets (of 127,072 plans)
$118,661
avg assets per participant

Where Titan Machinery Inc. 401(k) Profit Sharing Plan sits by total assets

Titan Machinery Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$214,182,507 Top 5% higher than 95% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Titan Machinery Inc. 401(k) Profit Sharing Plan reported net income rose from -$30M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Titan Machinery Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $158M in the plan year 2022 filing to $214M in the plan year 2023 filing.
  • Titan Machinery Inc. 401(k) Profit Sharing Plan reported participants fell from 1,821 in the plan year 2022 filing to 1,805 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs North Dakota filers

In North Dakota, the average filing covers about 504 participants across 359 plans. Titan Machinery Inc. 401(k) Profit Sharing Plan reports 1,805 participants - 3.6x that state average ($214M EOY assets).

North Dakota filing particulars

Total Assets (Beginning of Year)$158M
Net Assets (End of Year)$214M
Net Income$38M
Employer EIN450357838
Plan Effective Date1985-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Titan Machinery, Inc.)

$100M$150M$200M$250M$300M 202220232024 $158M $249M ▲ +57.6%
Total plan assets by year, all Titan Machinery, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,821 $158M
2023 1 1,805 $214M
2024 1 2,362 $249M

Nearby 401(k) Plans in North Dakota

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

Titan Machinery Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Titan Machinery Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 01234 Total assets ($B) Participants Titan Machinery Inc.…Sanford Retirement S…Mdu Resources Group,…Knife River Corporat…Dakotas Areawide IBE…Eide Bailly LLP 401(…
Titan Machinery Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Titan Machinery Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Titan Machinery Inc. 401(k) Profit Sharing Plan assets move in 2023?
Titan Machinery Inc. 401(k) Profit Sharing Plan surged - up 35.6% during 2023, from $158M to $214M. Reported net income was $38M.
How have Titan Machinery, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Titan Machinery, Inc.'s sponsor-wide assets grew 57.6%, from $158M to $249M.
Where does Titan Machinery Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Titan Machinery Inc. 401(k) Profit Sharing Plan ranks in the 95th 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 Titan Machinery Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Sturm, Ruger & Company, Inc. 401(k) Plan in CT ($214M, 1,786 participants).

Next read for Titan Machinery Inc. 401(k) Profit Shari…

Filing takeaways

Ways to act on Titan Machinery Inc. 401(k) Profit Sharing Plan's numbers.

  • By total assets, Titan Machinery Inc. 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Dakota. Compare plans
  • Titan Machinery, Inc.'s sponsor-wide assets have grown 57.6% since 2022 across 3 plan years on file. More Retail Trade plans