401(k) · DOL Form 5500 · 2022

Ipg Photonics Corporation 401(k) Plan

Data updated 2026-08-11

$212M
Total assets
2,191
Participants
96th
Percentile by assets
$96,846
Avg per participant
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Official DOL plan name: Ipg Photonics Corporation 401(k) Retirement Plan · Sponsored by Ipg Photonics Corporation · Massachusetts · Manufacturing

$212M in assets, 2,191 participants

Ipg Photonics Corporation's Ipg Photonics Corporation 401(k) Retirement Plan reported $212M in total assets and 2,191 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #19,241 in Manufacturing (20,602 peers)

Coverage in Massachusetts

Ipg Photonics Corporation 401(k) Retirement Plan covers 2,191 participants in Massachusetts, 3.3x the typical Massachusetts plan (state average ~659 per filing). Assets: $212M.

$212M
total plan assets (2022 EOY)
2,191
covered participants
96th
percentile by assets (of 139,126 plans)
$96,846
avg assets per participant

The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Ipg Photonics Corporation 401(k) Retirement Plan reports 2,191 participants - 3.3x that state average ($212M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$247M
Net Assets (End of Year)$212M
Net Income-$35M
Employer EIN043444218
Plan Effective Date1999-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ipg Photonics Corporation)

$200M$250M$300M 202220232024 $212M $289M ▲ +36.2%
Total plan assets by year, all Ipg Photonics Corporation plans on file
Year Plans Participants Total Assets
2022 1 2,191 $212M
2023 1 2,177 $255M
2024 1 2,285 $289M

Nearby 401(k) Plans in Massachusetts

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

Ipg Photonics Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Ipg Photonics Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Ipg Photonics Corpor…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Ipg Photonics Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ipg Photonics Corporation 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Ipg Photonics Corporation 401(k) Retirement Plan assets move in 2022?
Ipg Photonics Corporation 401(k) Retirement Plan pulled back noticeably - down 14.2% during 2022, from $247M to $212M. Reported net income was -$35M.
How have Ipg Photonics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Ipg Photonics Corporation's sponsor-wide assets grew 36.2%, from $212M to $289M.
Where does Ipg Photonics Corporation 401(k) Retirement Plan rank by assets among Form 5500 filers?
Ipg Photonics Corporation 401(k) Retirement Plan ranks in the 96th 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 Ipg Photonics Corporation 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is The Savings Plan (401(k)) of Mitsubishi International Corporation in NY ($212M, 1,126 participants).

Next read for Ipg Photonics Corporation 401(k) Retirem…

Filing takeaways

Ways to act on Ipg Photonics Corporation 401(k) Retirement Plan's numbers.

  • By total assets, Ipg Photonics Corporation 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 Massachusetts. Compare plans
  • Ipg Photonics Corporation's sponsor-wide assets have grown 36.2% since 2022 across 3 plan years on file. More Manufacturing plans