401(k) · DOL Form 5500 · 2024

Cranemasters Inc 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
248
Participants Below avg headcount
72nd
Percentile by assets National rank
$90,722
Avg per participant Below avg balance/head
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Official DOL plan name: Cranemasters Inc 401(k) Profit Sharing Plan · Sponsored by Cranemasters Inc · Virginia · Construction

$22M in assets, 248 participants

Cranemasters Inc's Cranemasters Inc 401(k) Profit Sharing Plan reported $22M in total assets and 248 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #6,446 in Construction (9,039 peers)

Coverage in Virginia

Cranemasters Inc 401(k) Profit Sharing Plan covers 248 participants in Virginia, about 32% of the average Virginia filer (state average ~782 per filing). Assets: $22M.

#6,446
in Construction (9,039 peers)
+17.5%
assets growth YoY

Cranemasters Inc 401(k) Profit Sharing Plan's outsized position by total assets

Cranemasters Inc 401(k) Profit Sharing Plan vs every filed plan by assets

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

$22,499,026 Top 28% higher than 72% 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

Cranemasters Inc 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cranemasters Inc 401(k) Profit Sharing Plan sits mid-pack in the medium band (248 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cranemasters Inc 401(k) Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Cranemasters Inc 401(k) Profit Sharing Plan end-of-year assets rose from $19M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Cranemasters Inc 401(k) Profit Sharing Plan reported participants fell from 258 in the plan year 2023 filing to 248 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 371205016 · Cranemasters Inc PY 2024 · 401(k)

Cranemasters Inc 401(k) Profit Sharing Plan · $22M · 248 · 72nd

  • PHOTO $22M
  • PHOTO 248
  • PHOTO 72nd
  • PHOTO 401(k)
  • PHOTO near Fedrigoni US Employee Savings & Retirement Plan
  • PHOTO ind #6446

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 Construction retirement plans → · Plans in Virginia →

Cranemasters Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Cranemasters Inc 401(k) Profit Sharing PlanCranemasters Inc 401(k) Prof…$22MFedrigoni US Employee Savings & Retirement PlanFedrigoni US Employee Saving…$22MHernco 401(k) Plan$22MLawrencian Omniscient Occupational TrustLawrencian Omniscient Occupa…$22MConfluent Holdings 401(k) PlanConfluent Holdings 401(k) Pl…$23M
End-of-year total assets ($M) among Cranemasters Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN371205016
Plan Effective Date1989-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Cranemasters Inc)

Sponsor-wide plan assets over time

All Cranemasters Inc plans reported in each filing year

Latest sponsor-wide plan assets
$22M 60.34867440070117% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $14M $22.5M ▲ +60.4%
Year Plans Participants Total Assets
2022 1 228 $14M
2023 1 258 $19M
2024 1 248 $22M

Nearby 401(k) Plans in Virginia

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

Cranemasters Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Cranemasters Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.022499026 · Participants: 248Cranemasters Inc 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Cranemasters Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Cranemasters Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Fedrigoni US Employee Savings & Retirement Plan in IL ($22M); by covered participants it is Holistic Care Home Health Agency, Inc. 401 (K) Plan in TX (248 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (248 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 Cranemasters Inc 401(k) Profit Sharing Plan assets move in 2024?
Cranemasters Inc 401(k) Profit Sharing Plan grew sharply - up 17.5% during 2024, from $19M to $22M. Reported net income was $3M.
How have Cranemasters Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Cranemasters Inc's sponsor-wide assets grew 60.3%, from $14M to $22M.
Which 401(k) plans are similar in size to Cranemasters Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Fedrigoni US Employee Savings & Retirement Plan in IL ($22M, 259 participants).
Which 401(k) plans cover a similar participant headcount to Cranemasters Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Holistic Care Home Health Agency, Inc. 401 (K) Plan in TX (248 participants, $80K in assets).