401(k) · DOL Form 5500 · 2022

Astec Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$278M
Total assets
3,093
Participants
97th
Percentile by assets
$90,007
Avg per participant
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Official DOL plan name: Astec Industries, Inc. 401(k) Retirement Plan · Sponsored by Astec Industries, Inc. · Tennessee · Manufacturing

$278M in assets, 3,093 participants

Astec Industries, Inc.'s Astec Industries, Inc. 401(k) Retirement Plan reported $278M in total assets and 3,093 participants in its 2022 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 139,126 plans)
  • #19,482 in Manufacturing (20,602 peers)

Coverage in Tennessee

Astec Industries, Inc. 401(k) Retirement Plan covers 3,093 participants in Tennessee, 2.7x the typical Tennessee plan (state average ~1,126 per filing). Assets: $278M.

$278M
total plan assets (2022 EOY)
3,093
covered participants
97th
percentile by assets (of 139,126 plans)
$90,007
avg assets per participant

The plan reported a net loss of $46M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Astec Industries, Inc. 401(k) Retirement Plan reports 3,093 participants - 2.7x that state average ($278M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$325M
Net Assets (End of Year)$278M
Net Income-$46M
Employer EIN620873631
Plan Effective Date1987-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Astec Industries, Inc.)

$250M$300M$350M$400M 202220232024 $278M $350M ▲ +25.7%
Total plan assets by year, all Astec Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,093 $278M
2023 1 3,445 $318M
2024 1 3,459 $350M

Nearby 401(k) Plans in Tennessee

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

Astec Industries, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Astec Industries, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Astec Industries, In…Fedex Corporation Re…Hca 401(k) PlanInternational Paper …Federal Express Corp…Chs/Community Health…
Astec Industries, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Astec Industries, Inc. 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Astec Industries, Inc. 401(k) Retirement Plan assets move in 2022?
Astec Industries, Inc. 401(k) Retirement Plan pulled back noticeably - down 14.2% during 2022, from $325M to $278M. Reported net income was -$46M.
How have Astec Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Astec Industries, Inc.'s sponsor-wide assets grew 25.7%, from $278M to $350M.
Where does Astec Industries, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Astec Industries, Inc. 401(k) Retirement Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Astec Industries, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Retirement Savings Plan of Flad Affiliated Corp. in WI ($278M, 1,248 participants).

Next read for Astec Industries, Inc. 401(k) Retirement…

Filing takeaways

Ways to act on Astec Industries, Inc. 401(k) Retirement Plan's numbers.

  • By total assets, Astec Industries, Inc. 401(k) Retirement Plan 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 Tennessee. Compare plans
  • Astec Industries, Inc.'s sponsor-wide assets have grown 25.7% since 2022 across 3 plan years on file. More Manufacturing plans