401(k) · DOL Form 5500 · 2024

Craft Machine Works, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
84
Participants Small participant base
29th
Percentile by assets National rank
$23,558
Avg per participant Low balance/head
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Official DOL plan name: Craft Employees Retirement and Savings Plan · Sponsored by Craft Machine Works, Inc. · Virginia · Manufacturing

$2M in assets, 84 participants

Craft Machine Works, Inc.'s Craft Employees Retirement and Savings Plan reported $2M in total assets and 84 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,451 in Manufacturing (17,777 peers)

Craft Machine Works, Inc. multi-year trail

Craft Machine Works, Inc.'s plans moved +41.0% in assets from 2022 to 2024; this filing shows Craft Employees Retirement and Savings Plan at $2M / 84 participants.

#2,451
in Manufacturing (17,777 peers)
+16.8%
assets growth YoY

Craft Employees Retirement and Savings Plan among the smaller filed plans by assets

Craft Employees Retirement and Savings Plan vs every filed plan by assets

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

$1,978,882 29th percentile higher than 29% of 123,620 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 2024

Craft Employees Retirement and Savings Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Craft Employees Retirement and Savings Plan is a small filing (84 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Craft Employees Retirement and Savings Plan reported participants fell from 120 in the plan year 2023 filing to 84 in the plan year 2024 filing.
  • Craft Employees Retirement and Savings Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 540882083 · Craft Machine Works, Inc. PY 2024 · 401(k)

Craft Employees Retirement and Savings Plan · $2M · 84 · 29th

  • RANK $2M
  • PHOTO 84
  • IND 29th
  • EOY 401(k)
  • 5500 near Thistle Health Inc. 401(k) Plan
  • ASSETS ind #2451

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 Manufacturing retirement plans → · Plans in Virginia →

Craft Employees Retirement and Savings Plan in the asset neighbourhood

Craft Employees Retirement and Savings PlanCraft Employees Retirement a…$2MThistle Health Inc. 401(k) PlanThistle Health Inc. 401(k) P…$2MColdwell Banker Legacy 401(k) Profit Sharing PlanColdwell Banker Legacy 401(k…$2MCampbell-Brown, Inc. 401(k) Profit Sharing PlanCampbell-Brown, Inc. 401(k) …$2MWilliam Kenyon & Sons, Inc. Employees Retirement Plan and TrustWilliam Kenyon & Sons, Inc. …$2M
End-of-year total assets ($M) among Craft Employees Retirement and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Craft Machine Works, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Craft Machine Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 41.0458686562994% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M$2M$2.2M 202220232024 $1.4M $1.98M ▲ +41.4%
Year Plans Participants Total Assets
2022 1 124 $1M
2023 1 120 $2M
2024 1 84 $2M

Craft Machine Works, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$285K
Employer EIN540882083
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Craft Employees Retirement and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Craft Employees Retirement and Savings Plan, Total assets ($B): 0.001978882 · Participants: 84Craft Employees Retirement and Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Craft Employees Retirement and Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Craft Employees Retirement and Savings Plan side-by-side with 3 peers →

Craft Employees Retirement and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Thistle Health Inc. 401(k) Plan in CA ($2M); by covered participants it is Sentrillion Savings Investment Plan in AZ (84 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (84 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Craft Employees Retirement and Savings Plan assets move in 2024? ▼
Craft Employees Retirement and Savings Plan grew sharply - up 16.8% during 2024, from $2M to $2M. Reported net income was $285K.
How have Craft Machine Works, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Craft Machine Works, Inc.'s sponsor-wide assets grew 41.0%, from $1M to $2M.
Which 401(k) plans are similar in size to Craft Employees Retirement and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Thistle Health Inc. 401(k) Plan in CA ($2M, 949 participants).
Which 401(k) plans cover a similar participant headcount to Craft Employees Retirement and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sentrillion Savings Investment Plan in AZ (84 participants, N/A in assets).

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 540882083.

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.