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

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

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · 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 EIN	371170559
Plan Effective Date	1992-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Carter Machinery Company, Inc.)

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

Northrop Grumman Savings Plan $39.5B · 104,719
401(k) Pension Plan $16.8B · 62,869
General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
Leidos, Inc. Retirement Plan $11.8B · 29,734

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.

Here North America, LLC Retirement Savings and Investment Plan (IL) $466M · 833
Brookdale Senior Living Inc. 401(k) Retirement Savings Plan (TN) $466M · 34,641
First Quality Savings and Investment Plan (NY) $466M · 4,235
National Gypsum 401(k) and Retirement Savings Plan (NC) $467M · 2,700

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.