401(k) · DOL Form 5500 · 2024

Carhartt, Inc. 401(k) Plan

Data updated 2026-08-11

$261M
Total assets: 2,006
Participants: 95th
Percentile by assets: $130,145
Avg per participant

Official DOL plan name: Carhartt, Inc. 401(k) Retirement Savings Plan · Sponsored by Carhartt, Inc. · Michigan · Manufacturing

$261M in assets, 2,006 participants

Carhartt, Inc.'s Carhartt, Inc. 401(k) Retirement Savings Plan reported $261M in total assets and 2,006 participants in its 2024 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 123,622 plans)
#16,481 in Manufacturing (17,777 peers)

Coverage in Michigan

Carhartt, Inc. 401(k) Retirement Savings Plan covers 2,006 participants in Michigan, 3.1x the typical Michigan plan (state average ~638 per filing). Assets: $261M.

$261M
total plan assets (2024 EOY): 2,006
covered participants: 95th
percentile by assets (of 123,622 plans): $130,145
avg assets per participant

Carhartt, Inc. 401(k) Retirement Savings Plan reported net income fell from $42M in the plan year 2023 filing to $31M in the plan year 2024 filing.
Carhartt, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $230M in the plan year 2023 filing to $261M in the plan year 2024 filing.
Carhartt, Inc. 401(k) Retirement Savings Plan reported participants rose from 1,995 in the plan year 2023 filing to 2,006 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Manufacturing

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Carhartt, Inc. 401(k) Retirement Savings Plan reports 2,006 participants - 3.1x that state average ($261M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$230M
Net Assets (End of Year)	$261M
Net Income	$31M
Employer EIN	381776575
Plan Effective Date	1968-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Carhartt, Inc.)

Total plan assets by year, all Carhartt, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	3	3,257	$230M
2023	3	3,257	$277M
2024	3	3,187	$308M

Nearby 401(k) Plans in Michigan

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

Carhartt, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497

Compare Carhartt, Inc. 401(k) Retirement Savings… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Carhartt, Inc. 401(k) Retirement Savings Plan by total assets, not by location.

Toledo Clinic, Inc. Employees' 401(k) Profit Sharing Plan and Trust (OH) $261M · 1,528
Flatiron Construction Corp. 401(k) Profit Sharing Plan (CO) $261M · 1,384
First Merchants Corporation Retirement Income and Savings Plan (IN) $261M · 2,210
Tronox Incorporated Savings Investment Plan (CT) $261M · 633

Frequently Asked Questions

How did Carhartt, Inc. 401(k) Retirement Savings Plan assets move in 2024? ▼

Carhartt, Inc. 401(k) Retirement Savings Plan grew at a solid clip - up 13.3% during 2024, from $230M to $261M. Reported net income was $31M.

How have Carhartt, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Carhartt, Inc.'s sponsor-wide assets grew 34.1%, from $230M to $308M.

Where does Carhartt, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Carhartt, Inc. 401(k) Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Carhartt, Inc. 401(k) Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Toledo Clinic, Inc. Employees' 401(k) Profit Sharing Plan and Trust in OH ($261M, 1,528 participants).

Next read for Carhartt, Inc. 401(k) Retirement Savings…

Filing takeaways

Ways to act on Carhartt, Inc. 401(k) Retirement Savings Plan's numbers.

By total assets, Carhartt, Inc. 401(k) Retirement Savings 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 Michigan. Compare plans
Carhartt, Inc.'s sponsor-wide assets have grown 34.1% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381776575.