401(k) · DOL Form 5500 · 2022

Methode Electronics, Inc. 401(k) Plan

Data updated 2026-08-25

$86M
Total assets Below avg plan size
388
Participants Below avg headcount
92nd
Percentile by assets National rank
$221,317
Avg per participant Above avg balance/head
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Official DOL plan name: Methode Electronics, Inc. 401(k) Savings Plan · Sponsored by Methode Electronics, Inc. · Illinois · Manufacturing

$86M in assets, 388 participants

Methode Electronics, Inc.'s Methode Electronics, Inc. 401(k) Savings Plan reported $86M in total assets and 388 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #18,067 in Manufacturing (20,602 peers)

Coverage in Illinois

Methode Electronics, Inc. 401(k) Savings Plan covers 388 participants in Illinois, about 50% of the average Illinois filer (state average ~779 per filing). Assets: $86M.

#18,067
in Manufacturing (20,602 peers)
-16.9%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Methode Electronics, Inc. 401(k) Savings Plan's outsized position by total assets

Methode Electronics, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$85,871,029 Top 8% higher than 92% of 139,123 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 2022

Methode Electronics, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Methode Electronics, Inc. 401(k) Savings Plan sits mid-pack in the medium band (388 participants).

DOL schedule card

Filing strip 362090085 · Methode Electronics, Inc. PY 2022 · 401(k)

Methode Electronics, Inc. 401(k) Savings Plan · $86M · 388 · 92nd

  • IND $86M
  • EOY 388
  • 5500 92nd
  • ASSETS 401(k)
  • PCT near Sheet Metal Workers Local No. 2 401(k) Plan
  • EIN ind #18067

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 Manufacturing retirement plans → · Plans in Illinois →

Methode Electronics, Inc. 401(k) Savings Plan in the asset neighbourhood

Amarillo National Bank 401(k) PlanAmarillo National Bank 401(k…$86MFrederic W. Cook & Co., Inc. Deferred Profit Sharing PlanFrederic W. Cook & Co., Inc.…$86MSheet Metal Workers Local No. 2 401(k) PlanSheet Metal Workers Local No…$86MMethode Electronics, Inc. 401(k) Savings PlanMethode Electronics, Inc. 40…$86MGrande Ronde Hospital Employees' Savings PlanGrande Ronde Hospital Employ…$86M
End-of-year total assets ($M) among Methode Electronics, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$103M
Net Assets (End of Year)$86M
Net Income-$17M
Employer EIN362090085
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Methode Electronics, Inc.)

Sponsor-wide plan assets over time

All Methode Electronics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$93M 8.56820989067221% vs 2022
2024 filing year
$85M$90M$95M 202220232024 $85.9M $93.2M ▲ +8.6%
Year Plans Participants Total Assets
2022 1 388 $86M
2023 1 388 $93M
2024 1 407 $93M

Nearby 401(k) Plans in Illinois

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

Methode Electronics, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Methode Electronics, Inc. 401(k) Savings Plan, Total assets ($B): 0.085871029 · Participants: 388Methode Electronics, Inc. 401(k) Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Methode Electronics, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Methode Electronics, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Methode Electronics, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Sheet Metal Workers Local No. 2 401(k) Plan in MO ($86M); by covered participants it is Laerdal Medical Corporation 401(k) Profit Sharing Plan in NY (388 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (388 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Methode Electronics, Inc. 401(k) Savings Plan assets move in 2022? ▼
Methode Electronics, Inc. 401(k) Savings Plan declined sharply - down 16.9% during 2022, from $103M to $86M. Reported net income was -$17M.
How have Methode Electronics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Methode Electronics, Inc.'s sponsor-wide assets grew 8.6%, from $86M to $93M.
Where does Methode Electronics, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Methode Electronics, Inc. 401(k) Savings Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Methode Electronics, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sheet Metal Workers Local No. 2 401(k) Plan in MO ($86M, 1,927 participants).
Which 401(k) plans cover a similar participant headcount to Methode Electronics, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Laerdal Medical Corporation 401(k) Profit Sharing Plan in NY (388 participants, $50M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 362090085.

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.