401(k) · DOL Form 5500 · 2024

Carpenter Co. 401(k) Plan

Data updated 2026-08-11

$119M
Total assets
2,744
Participants
92nd
Percentile by assets
$43,265
Avg per participant
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Official DOL plan name: Carpenter Co. Employee Savings & Investment Plan · Sponsored by Carpenter Co. · Virginia · Manufacturing

$119M in assets, 2,744 participants

Carpenter Co.'s Carpenter Co. Employee Savings & Investment Plan reported $119M in total assets and 2,744 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #15,552 in Manufacturing (17,777 peers)

Coverage in Virginia

Carpenter Co. Employee Savings & Investment Plan covers 2,744 participants in Virginia, 3.5x the typical Virginia plan (state average ~782 per filing). Assets: $119M.

$119M
total plan assets (2024 EOY)
2,744
covered participants
92nd
percentile by assets (of 123,622 plans)
$43,265
avg assets per participant

Where Carpenter Co. Employee Savings & Investment Plan sits by total assets

Carpenter Co. Employee Savings & Investment Plan vs every filed plan by assets

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

$118,718,563 Top 8% higher than 92% 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

  • Carpenter Co. Employee Savings & Investment Plan end-of-year assets rose from $104M in the plan year 2023 filing to $119M in the plan year 2024 filing.
  • Carpenter Co. Employee Savings & Investment Plan reported net income fell from $15M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Carpenter Co. Employee Savings & Investment Plan reported participants rose from 2,675 in the plan year 2023 filing to 2,744 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 782 participants across 3,655 plans. Carpenter Co. Employee Savings & Investment Plan reports 2,744 participants - 3.5x that state average ($119M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$104M
Net Assets (End of Year)$119M
Net Income$14M
Employer EIN540499731
Plan Effective Date1997-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carpenter Co.)

$300M$350M$400M$450M$500M 202220232024 $352M $467M ▲ +32.5%
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 401(k) Plans in Virginia

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

Carpenter Co. Employee Savings & Investment Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Carpenter Co. Employ…, Total assets ($B): 0.118718563 · Participants: 2744Carpenter Co. Employ…Northrop Grumman Sav…, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Cor…Capital One Financia…, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financia…Leidos, Inc. Retirem…, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirem…
Carpenter Co. Employee Savings & Investment Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Carpenter Co. Employee Savings & Investm… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Carpenter Co. Employee Savings & Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Carpenter Co. Employee Savings & Investment Plan assets move in 2024? ▼
Carpenter Co. Employee Savings & Investment Plan grew at a solid clip - up 13.8% during 2024, from $104M to $119M. Reported net income was $14M.
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. Employee Savings & Investment Plan rank by assets among Form 5500 filers? ▼
Carpenter Co. Employee Savings & Investment Plan ranks in the 92nd 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 Carpenter Co. Employee Savings & Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jaguar Land Rover 401(k) Retirement Savings Plan in NJ ($119M, 358 participants).

Next read for Carpenter Co. Employee Savings & Investm…

Filing takeaways

Ways to act on Carpenter Co. Employee Savings & Investment Plan's numbers.

  • By total assets, Carpenter Co. Employee Savings & Investment 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 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.