401(k) · DOL Form 5500 · 2022

Hillenbrand, Inc. 401(k) Plan

Data updated 2026-08-25

$437M
Total assets Above avg plan size
2,794
Participants Above avg headcount
98th
Percentile by assets National rank
$156,274
Avg per participant Above avg balance/head
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Official DOL plan name: Process Equipment Group 401(k) Savings Plan · Sponsored by Hillenbrand, Inc. · Indiana · Management of Enterprises

$437M in assets, 2,794 participants

Hillenbrand, Inc.'s Process Equipment Group 401(k) Savings Plan reported $437M in total assets and 2,794 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #1,088 in Management of Enterprises (1,193 peers)

Coverage in Indiana

Process Equipment Group 401(k) Savings Plan covers 2,794 participants in Indiana, 5.2x the typical Indiana plan (state average ~541 per filing). Assets: $437M.

#1,088
in Management of Enterprises (1,193 peers)
-15.8%
assets change YoY
4.4×
vs typical plan assets (national mean)

The plan reported a net loss of $100M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Process Equipment Group 401(k) Savings Plan's outsized position by total assets

Process Equipment Group 401(k) Savings Plan vs every filed plan by assets

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

$436,629,898 Top 2% higher than 98% 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

Process Equipment Group 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Process Equipment Group 401(k) Savings Plan lands in the large band (2,794 participants).

Published 5500 schedule card

Filing strip 261342272 · Hillenbrand, Inc. PY 2022 · 401(k)

Process Equipment Group 401(k) Savings Plan · $437M · 2,794 · 98th

  • SCH $437M
  • SCH 2,794
  • SCH 98th
  • SCH 401(k)
  • SCH near Kent Corporation Retirement Plan
  • SCH ind #1088

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 Management of Enterprises retirement plans → · Plans in Indiana →

Process Equipment Group 401(k) Savings Plan in the asset neighbourhood

Spencer Stuart Retirement Benefits PlanSpencer Stuart Retirement Be…$437MKent Corporation Retirement PlanKent Corporation Retirement …$437MProcess Equipment Group 401(k) Savings PlanProcess Equipment Group 401(…$437MDonnelley Financial Savings PlanDonnelley Financial Savings …$436MCoca-Cola Bottling Company United, Inc. 401(k) PlanCoca-Cola Bottling Company U…$436M
End-of-year total assets ($M) among Process Equipment Group 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$519M
Net Assets (End of Year)$437M
Net Income-$100M
Employer EIN261342272
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hillenbrand, Inc.)

Sponsor-wide plan assets over time

All Hillenbrand, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$575M 16.132553883043418% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $685M $575M ▼ -16.1%
Year Plans Participants Total Assets
2022 3 4,180 $685M
2023 2 3,526 $700M
2024 2 2,032 $575M

Nearby 401(k) Plans in Indiana

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

Process Equipment Group 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants Process Equipment Group 401(k) Savings Plan, Total assets ($B): 0.436629898 · Participants: 2794Process Equipment Group 401(k) Savings PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Process Equipment Group 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Process Equipment Group 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Kent Corporation Retirement Plan in IA ($437M); by covered participants it is Arkema Inc. Employees' Retirement Savings (401(k)) Plan in PA (2,793 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($437M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,794 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 Process Equipment Group 401(k) Savings Plan assets move in 2022? ▼
Process Equipment Group 401(k) Savings Plan declined sharply - down 15.8% during 2022, from $519M to $437M. Reported net income was -$100M.
How have Hillenbrand, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hillenbrand, Inc.'s sponsor-wide assets declined 16.1%, from $685M to $575M.
Where does Process Equipment Group 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Process Equipment Group 401(k) Savings Plan ranks in the 98th 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 Process Equipment Group 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kent Corporation Retirement Plan in IA ($437M, 1,641 participants).
Which 401(k) plans cover a similar participant headcount to Process Equipment Group 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Arkema Inc. Employees' Retirement Savings (401(k)) Plan in PA (2,793 participants, $973M in assets).