Profit Sharing · DOL Form 5500 · 2024

Carpenter Co. Profit Sharing Plan

Data updated 2026-07-24

$348M
Total assets: 2,152
Participants: 96th
Percentile by assets: $161,908
Avg per participant

Official DOL plan name: Carpenter Co. Profit-Sharing Plan · Sponsored by Carpenter Co. · Virginia · Manufacturing

$348M in assets, 2,152 participants

Carpenter Co.'s Carpenter Co. Profit-Sharing Plan reported $348M in total assets and 2,152 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 116,472 plans)

Coverage in Virginia

Carpenter Co. Profit-Sharing Plan covers 2,152 participants in Virginia, 2.8x the typical Virginia plan (state average ~781 per filing). Assets: $348M.

$348M
total plan assets (2024 EOY): 2,152
covered participants: 96th
percentile by assets (of 116,472 plans): $161,908
avg assets per participant

Carpenter Co. Profit-Sharing Plan reported net income rose from $36M in the plan year 2023 filing to $49M in the plan year 2024 filing.
Carpenter Co. Profit-Sharing Plan end-of-year assets rose from $299M in the plan year 2023 filing to $348M in the plan year 2024 filing.
Carpenter Co. Profit-Sharing Plan reported participants rose from 2,085 in the plan year 2023 filing to 2,152 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Manufacturing

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Carpenter Co. Profit-Sharing Plan reports 2,152 participants - 2.8x that state average ($348M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$299M
Net Assets (End of Year)	$348M
Net Income	$49M
Employer EIN	540499731
Plan Effective Date	1964-12-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Carpenter Co.)

Total plan assets by year, all Carpenter Co. plans on file

Year	Plans	Participants	Total Assets
2022	2	4,842	$352M
2023	2	4,760	$404M
2024	2	4,896	$467M

Nearby Profit Sharing Plans in Virginia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Carpenter Co. Profit-Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia $1.3B · 5,562
American Institutes for Research Tax Deferred Annuity Plan $323M · 1,608
Analytic Services Inc. Defined Contribution Retirement Plan $226M · 508
Associated Universities Inc. Retirement Plan $205M · 585
Sentara 401(a) Retirement Plan $160M · 17,694

Compare Carpenter Co. Profit-Sharing Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Carpenter Co. Profit-Sharing Plan by total assets, not by location.

Bricklayers Local 1 of PA/De Annuity Fund (PA) $348M · 2,379
Indiana State Council of Plasterers & Cement Mason Pension Fund (IN) $349M · 1,910
IBEW Local 1049 Craft Annuity Fund (NY) $349M · 3,215
Dyno Nobel Inc. and Subsidiaries Tax-Favored Retirement Savings and Investment Plan (UT) $350M · 2,569

Frequently Asked Questions

How did Carpenter Co. Profit-Sharing Plan assets move in 2024? ▼

Carpenter Co. Profit-Sharing Plan grew sharply - up 16.4% during 2024, from $299M to $348M. Reported net income was $49M.

How have Carpenter Co. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Carpenter Co.'s sponsor-wide assets grew 32.5%, from $352M to $467M.

Where does Carpenter Co. Profit-Sharing Plan rank by assets among Form 5500 filers? ▼

Carpenter Co. Profit-Sharing Plan ranks in the 96th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Carpenter Co. Profit-Sharing Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Bricklayers Local 1 of PA/De Annuity Fund in PA ($348M, 2,379 participants).

Next read for Carpenter Co. Profit-Sharing Plan

Filing takeaways

Ways to act on Carpenter Co. Profit-Sharing Plan's numbers.

By total assets, Carpenter Co. 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 Profit Sharing plans in Virginia. Compare plans
Carpenter Co.'s sponsor-wide assets have grown 32.5% 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 540499731.

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.