401(k) · DOL Form 5500 · 2023

Cranemasters Inc 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
258
Participants Below avg headcount
72nd
Percentile by assets National rank
$74,240
Avg per participant Below avg balance/head
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Official DOL plan name: Cranemasters Inc 401(k) Profit Sharing Plan · Sponsored by Cranemasters Inc · Virginia · Construction

$19M in assets, 258 participants

Cranemasters Inc's Cranemasters Inc 401(k) Profit Sharing Plan reported $19M in total assets and 258 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #6,369 in Construction (9,030 peers)

Coverage in Virginia

Cranemasters Inc 401(k) Profit Sharing Plan covers 258 participants in Virginia, about 33% of the average Virginia filer (state average ~782 per filing). Assets: $19M.

#6,369
in Construction (9,030 peers)
+36.5%
assets growth YoY

Cranemasters Inc 401(k) Profit Sharing Plan's outsized position by total assets

Cranemasters Inc 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,153,938 Top 28% higher than 72% 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

Cranemasters Inc 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cranemasters Inc 401(k) Profit Sharing Plan sits mid-pack in the medium band (258 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cranemasters Inc 401(k) Profit Sharing Plan reported net income rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Cranemasters Inc 401(k) Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Cranemasters Inc 401(k) Profit Sharing Plan reported participants rose from 228 in the plan year 2022 filing to 258 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 371205016 · Cranemasters Inc PY 2023 · 401(k)

Cranemasters Inc 401(k) Profit Sharing Plan · $19M · 258 · 72nd

  • BOY $19M
  • BOY 258
  • BOY 72nd
  • BOY 401(k)
  • BOY near Aviatrix 401(k) Plan
  • BOY ind #6369

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 Construction retirement plans → · Plans in Virginia →

Cranemasters Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Cranemasters Inc 401(k) Profit Sharing PlanCranemasters Inc 401(k) Prof…$19MAviatrix 401(k) Plan$19MMerchant Esolutions, Inc. 401(k) Profit Sharing Plan and TrustMerchant Esolutions, Inc. 40…$19MNeo4j, Inc. 401(k) Plan$19MSanders Industries Holdings, Inc. 401(k) PlanSanders Industries Holdings,…$19M
End-of-year total assets ($M) among Cranemasters Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$19M
Net Income$5M
Employer EIN371205016
Plan Effective Date1989-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Cranemasters Inc)

Sponsor-wide plan assets over time

All Cranemasters Inc plans reported in each filing year

Latest sponsor-wide plan assets
$22M 60.34867440070117% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $14M $22.5M ▲ +60.4%
Year Plans Participants Total Assets
2022 1 228 $14M
2023 1 258 $19M
2024 1 248 $22M

Nearby 401(k) Plans in Virginia

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

Cranemasters Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Cranemasters Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.019153938 · Participants: 258Cranemasters Inc 401(k) Profit Sharing PlanNorthrop 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
Cranemasters Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Cranemasters Inc 401(k) Profit Sharing Plan side-by-side with 3 peers →

Cranemasters Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Aviatrix 401(k) Plan in CA ($19M); by covered participants it is North Star Resource Group Salary Savings Plan and Trust in MN (258 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (258 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 Cranemasters Inc 401(k) Profit Sharing Plan assets move in 2023? ▼
Cranemasters Inc 401(k) Profit Sharing Plan surged - up 36.5% during 2023, from $14M to $19M. Reported net income was $5M.
How have Cranemasters Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cranemasters Inc's sponsor-wide assets grew 60.3%, from $14M to $22M.
Which 401(k) plans are similar in size to Cranemasters Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aviatrix 401(k) Plan in CA ($19M, 294 participants).
Which 401(k) plans cover a similar participant headcount to Cranemasters Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is North Star Resource Group Salary Savings Plan and Trust in MN (258 participants, $23M 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 371205016.

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.