401(k) · DOL Form 5500 · 2024

Carter Machinery Company, Inc. 401(k) Plan

Data updated 2026-08-11

$466M
Total assets
2,925
Participants
97th
Percentile by assets
$159,389
Avg per participant
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Official DOL plan name: Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. · Sponsored by Carter Machinery Company, Inc. · Virginia · Wholesale Trade

$466M in assets, 2,925 participants

Carter Machinery Company, Inc.'s Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reported $466M in total assets and 2,925 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #5,965 in Wholesale Trade (6,080 peers)

Coverage in Virginia

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. covers 2,925 participants in Virginia, 3.7x the typical Virginia plan (state average ~782 per filing). Assets: $466M.

$466M
total plan assets (2024 EOY)
2,925
covered participants
97th
percentile by assets (of 123,622 plans)
$159,389
avg assets per participant

Where Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. sits by total assets

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs every filed plan by assets

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

$466,213,622 Top 3% higher than 97% 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

  • Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. end-of-year assets rose from $406M in the plan year 2023 filing to $466M in the plan year 2024 filing.
  • Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reported participants rose from 2,628 in the plan year 2023 filing to 2,925 in the plan year 2024 filing.
  • Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reported net income fell from $65M in the plan year 2023 filing to $60M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Virginia
Industry
Wholesale Trade

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. reports 2,925 participants - 3.7x that state average ($466M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$406M
Net Assets (End of Year)$466M
Net Income$60M
Employer EIN371170559
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carter Machinery Company, Inc.)

$300M$350M$400M$450M$500M 202220232024 $341M $466M ▲ +36.8%
Total plan assets by year, all Carter Machinery Company, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,194 $341M
2023 1 2,628 $406M
2024 1 2,925 $466M

Nearby 401(k) Plans in Virginia

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

Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Employees' Retiremen…, Total assets ($B): 0.466213622 · Participants: 2925Employees' Retiremen…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…
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Employees' Retirement and Savings Plan o… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. by total assets, not by location.

Frequently Asked Questions

How did Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. assets move in 2024? ▼
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. grew at a solid clip - up 14.9% during 2024, from $406M to $466M. Reported net income was $60M.
How have Carter Machinery Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carter Machinery Company, Inc.'s sponsor-wide assets grew 36.8%, from $341M to $466M.
Where does Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. rank by assets among Form 5500 filers? ▼
Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Here North America, LLC Retirement Savings and Investment Plan in IL ($466M, 833 participants).

Next read for Employees' Retirement and Savings Plan o…

Filing takeaways

Ways to act on Employees' Retirement and Savings Plan of Carter Machinery Company, Inc.'s numbers.

  • By total assets, Employees' Retirement and Savings Plan of Carter Machinery Company, Inc. ranks in the top 5% 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
  • Carter Machinery Company, Inc.'s sponsor-wide assets have grown 36.8% 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 371170559.

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.