401(k) · DOL Form 5500 · 2024

Tencarva Machinery Company, LLC. 401(k) Plan

Data updated 2026-08-11

$91M
Total assets
433
Participants
90th
Percentile by assets
$209,521
Avg per participant
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Official DOL plan name: Tencarva Machinery Company Profit Sharing & 401(k) Plan · Sponsored by Tencarva Machinery Company, LLC. · North Carolina · Wholesale Trade

$91M in assets, 433 participants

Tencarva Machinery Company, LLC.'s Tencarva Machinery Company Profit Sharing & 401(k) Plan reported $91M in total assets and 433 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 123,622 plans)
  • #5,559 in Wholesale Trade (6,080 peers)

Where Tencarva Machinery Company Profit Sharing & 401(k) Plan sits by assets

Tencarva Machinery Company Profit Sharing & 401(k) Plan sits in the top 10% of all filed plans by assets, $91M for 433 participants (~$209,521/participant), up 11.4% in 2024.

$91M
total plan assets (2024 EOY)
433
covered participants
90th
percentile by assets (of 123,622 plans)
$209,521
avg assets per participant

Where Tencarva Machinery Company Profit Sharing & 401(k) Plan sits by total assets

Tencarva Machinery Company Profit Sharing & 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$90,722,780 Top 10% higher than 90% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tencarva Machinery Company Profit Sharing & 401(k) Plan reported net income fell from $15M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Tencarva Machinery Company Profit Sharing & 401(k) Plan end-of-year assets rose from $81M in the plan year 2023 filing to $91M in the plan year 2024 filing.
  • Tencarva Machinery Company Profit Sharing & 401(k) Plan reported participants rose from 428 in the plan year 2023 filing to 433 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
North Carolina
Industry
Wholesale Trade

Tencarva Machinery Company Profit Sharing & 401(k) Plan vs the 2024 asset distribution

By assets, Tencarva Machinery Company Profit Sharing & 401(k) Plan outranks 90% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$81M
Net Assets (End of Year)$91M
Net Income$9M
Employer EIN561198229
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tencarva Machinery Company, LLC.)

$60M$70M$80M$90M$100M 202220232024 $66.7M $90.7M ▲ +36.0%
Total plan assets by year, all Tencarva Machinery Company, LLC. plans on file
Year Plans Participants Total Assets
2022 1 369 $67M
2023 1 428 $81M
2024 1 433 $91M

Nearby 401(k) Plans in North Carolina

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

Tencarva Machinery Company Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Tencarva Machinery C…, Total assets ($B): 0.09072278 · Participants: 433Tencarva Machinery C…The Bank of America …, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America …Honeywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retireme…, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retireme…Nucor Corporation Pr…, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Pr…Truist Financial Cor…, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Cor…
Tencarva Machinery Company Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Tencarva Machinery Company Profit Sharin… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Tencarva Machinery Company Profit Sharing & 401(k) Plan assets move in 2024? ▼
Tencarva Machinery Company Profit Sharing & 401(k) Plan grew at a solid clip - up 11.4% during 2024, from $81M to $91M. Reported net income was $9M.
How have Tencarva Machinery Company, LLC. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tencarva Machinery Company, LLC.'s sponsor-wide assets grew 36.0%, from $67M to $91M.
Where does Tencarva Machinery Company Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers? ▼
Tencarva Machinery Company Profit Sharing & 401(k) Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Tencarva Machinery Company Profit Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Armada Retirement Savings Plan in PA ($91M, 902 participants).

Next read for Tencarva Machinery Company Profit Sharin…

Scale reading

Ways to act on Tencarva Machinery Company Profit Sharing & 401(k) Plan's numbers.

  • By total assets, Tencarva Machinery Company Profit Sharing & 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
  • Tencarva Machinery Company, LLC.'s sponsor-wide assets have grown 36.0% since 2022 across 3 plan years on file. More Wholesale Trade 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 561198229.

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.