401(k) · DOL Form 5500 · 2024

Cato Corporation 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
2,642
Participants Above avg headcount
88th
Percentile by assets National rank
$27,585
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Cato Corporation 401(k)/Profit Sharing Plan · Sponsored by Cato Corporation · North Carolina · Retail Trade

$73M in assets, 2,642 participants

Cato Corporation's The Cato Corporation 401(k)/Profit Sharing Plan reported $73M in total assets and 2,642 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,502 in Retail Trade (8,048 peers)

Coverage in North Carolina

The Cato Corporation 401(k)/Profit Sharing Plan covers 2,642 participants in North Carolina, 3.2x the typical North Carolina plan (state average ~819 per filing). Assets: $73M.

#7,502
in Retail Trade (8,048 peers)
+3.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

The Cato Corporation 401(k)/Profit Sharing Plan's outsized position by total assets

The Cato Corporation 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$72,880,291 Top 12% higher than 88% 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

The Cato Corporation 401(k)/Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Cato Corporation 401(k)/Profit Sharing Plan lands in the large band (2,642 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Cato Corporation 401(k)/Profit Sharing Plan reported net income fell from $8M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • The Cato Corporation 401(k)/Profit Sharing Plan reported participants fell from 2,737 in the plan year 2023 filing to 2,642 in the plan year 2024 filing.
  • The Cato Corporation 401(k)/Profit Sharing Plan end-of-year assets rose from $71M in the plan year 2023 filing to $73M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 560484485 · Cato Corporation PY 2024 · 401(k)

The Cato Corporation 401(k)/Profit Sharing Plan · $73M · 2,642 · 88th

  • BOY $73M
  • SCH 2,642
  • EBSA 88th
  • PART 401(k)
  • TYPE near Millennium Space Systems, Inc. 401(k) Plan
  • NET ind #7502

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 Retail Trade retirement plans → · Plans in North Carolina →

The Cato Corporation 401(k)/Profit Sharing Plan in the asset neighbourhood

Src Ventures, Inc. 401(k) Retirement PlanSrc Ventures, Inc. 401(k) Re…$73MThe Cato Corporation 401(k)/Profit Sharing PlanThe Cato Corporation 401(k)/…$73MMillennium Space Systems, Inc. 401(k) PlanMillennium Space Systems, In…$73MAllied Beverage Group, L.L.C. 401 (K) PlanAllied Beverage Group, L.L.C…$73MUnison 401(k) Plan$73M
End-of-year total assets ($M) among The Cato Corporation 401(k)/Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$73M
Net Income$2M
Employer EIN560484485
Plan Effective Date1984-01-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Cato Corporation)

Sponsor-wide plan assets over time

All Cato Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$89M 12.251169302586803% vs 2022
2024 filing year
$85M$90M$95M$100M$105M 202220232024 $101M $88.5M ▼ -12.2%
Year Plans Participants Total Assets
2022 2 5,553 $101M
2023 2 5,539 $99M
2024 2 5,260 $89M

Nearby 401(k) Plans in North Carolina

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

The Cato Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants The Cato Corporation 401(k)/Profit Sharing Plan, Total assets ($B): 0.072880291 · Participants: 2642The Cato Corporation 401(k)/Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
The Cato Corporation 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare The Cato Corporation 401(k)/Profit Sharing Plan side-by-side with 3 peers →

The Cato Corporation 401(k)/Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Millennium Space Systems, Inc. 401(k) Plan in CA ($73M); by covered participants it is Morningstar Senior Living Retirement Plan in CO (2,642 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($73M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,642 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 The Cato Corporation 401(k)/Profit Sharing Plan assets move in 2024? ▼
The Cato Corporation 401(k)/Profit Sharing Plan edged up modestly - up 3.4% during 2024, from $71M to $73M. Reported net income was $2M.
How have Cato Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cato Corporation's sponsor-wide assets declined 12.3%, from $101M to $89M.
Where does The Cato Corporation 401(k)/Profit Sharing Plan rank by assets among Form 5500 filers? ▼
The Cato Corporation 401(k)/Profit Sharing Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Cato Corporation 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Millennium Space Systems, Inc. 401(k) Plan in CA ($73M, 839 participants).
Which 401(k) plans cover a similar participant headcount to The Cato Corporation 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Morningstar Senior Living Retirement Plan in CO (2,642 participants, $6M 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 560484485.

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.