401(k) · DOL Form 5500 · 2024

Tractor & Equipment Company 401(k) Plan

Data updated 2026-08-11

$84M
Total assets
644
Participants
89th
Percentile by assets
$130,262
Avg per participant
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Official DOL plan name: Tractor & Equipment Co. 401(k) Pl. · Sponsored by Tractor & Equipment Company · Alabama · Manufacturing

$84M in assets, 644 participants

Tractor & Equipment Company's Tractor & Equipment Co. 401(k) Pl. reported $84M in total assets and 644 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 123,622 plans)
  • #14,936 in Manufacturing (17,777 peers)

Where Tractor & Equipment Co. 401(k) Pl. sits by assets

Tractor & Equipment Co. 401(k) Pl. sits in the top quartile of all filed plans by assets, $84M for 644 participants (~$130,262/participant), up 8.9% in 2024.

$84M
total plan assets (2024 EOY)
644
covered participants
89th
percentile by assets (of 123,622 plans)
$130,262
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tractor & Equipment Co. 401(k) Pl. reported net income fell from $10M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Tractor & Equipment Co. 401(k) Pl. end-of-year assets rose from $77M in the plan year 2023 filing to $84M in the plan year 2024 filing.
  • Tractor & Equipment Co. 401(k) Pl. reported participants rose from 612 in the plan year 2023 filing to 644 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Tractor & Equipment Co. 401(k) Pl. vs the 2024 asset distribution

By assets, Tractor & Equipment Co. 401(k) Pl. outranks 89% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$84M
Net Income$7M
Employer EIN630211767
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tractor & Equipment Company)

$65M$70M$75M$80M$85M$90M 202220232024 $67.5M $83.9M ▲ +24.3%
Total plan assets by year, all Tractor & Equipment Company plans on file
Year Plans Participants Total Assets
2022 1 705 $67M
2023 1 612 $77M
2024 1 644 $84M

Nearby 401(k) Plans in Alabama

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

Tractor & Equipment Co. 401(k) Pl. vs. nearby 401(k) plans in Alabama, assets vs. participants

Tractor & Equipment Co. 401(k) Pl. vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Tractor & Equipment …Regions Financial Co…Encompass Health Cor…Hexagon Employee Ret…Vulcan 401(k) PlanMercedes-Benz U.S. I…
Tractor & Equipment Co. 401(k) Pl. vs. nearby 401(k) plans in Alabama, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tractor & Equipment Co. 401(k) Pl. by total assets, not by location.

Frequently Asked Questions

How did Tractor & Equipment Co. 401(k) Pl. assets move in 2024?
Tractor & Equipment Co. 401(k) Pl. grew at a solid clip - up 8.9% during 2024, from $77M to $84M. Reported net income was $7M.
How have Tractor & Equipment Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Tractor & Equipment Company's sponsor-wide assets grew 24.3%, from $67M to $84M.
Where does Tractor & Equipment Co. 401(k) Pl. rank by assets among Form 5500 filers?
Tractor & Equipment Co. 401(k) Pl. ranks in the 89th 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 Tractor & Equipment Co. 401(k) Pl.?
Among 401(k) plans in other states, the closest by assets is Plumbers Local No 98 Defined Contribution Pension Plan in MI ($84M, 936 participants).

Next read for Tractor & Equipment Co. 401(k) Pl.

Scale reading

Ways to act on Tractor & Equipment Co. 401(k) Pl.'s numbers.

  • By total assets, Tractor & Equipment Co. 401(k) Pl. ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
  • Tractor & Equipment Company's sponsor-wide assets have grown 24.3% since 2022 across 3 plan years on file. More Manufacturing plans