401(k) · DOL Form 5500 · 2022

Kone Inc. 401(k) Plan

Data updated 2026-08-11

$372M
Total assets
1,797
Participants
97th
Percentile by assets
$206,792
Avg per participant
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Official DOL plan name: Kone Inc. Employee Savings Plan · Sponsored by Kone Inc. · Illinois · Manufacturing

$372M in assets, 1,797 participants

Kone Inc.'s Kone Inc. Employee Savings Plan reported $372M in total assets and 1,797 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)
  • #19,690 in Manufacturing (20,602 peers)

Coverage in Illinois

Kone Inc. Employee Savings Plan covers 1,797 participants in Illinois, 2.3x the typical Illinois plan (state average ~779 per filing). Assets: $372M.

$372M
total plan assets (2022 EOY)
1,797
covered participants
97th
percentile by assets (of 139,126 plans)
$206,792
avg assets per participant

The plan reported a net loss of $76M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Kone Inc. Employee Savings Plan reports 1,797 participants - 2.3x that state average ($372M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$448M
Net Assets (End of Year)$372M
Net Income-$76M
Employer EIN362357423
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kone Inc.)

$500M$550M$600M$650M 202220232024 $530M $634M ▲ +19.5%
Total plan assets by year, all Kone Inc. plans on file
Year Plans Participants Total Assets
2022 2 3,405 $530M
2023 2 3,539 $588M
2024 2 3,551 $634M

Nearby 401(k) Plans in Illinois

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

Kone Inc. Employee Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Kone Inc. Employee Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Kone Inc. Employee S…State Farm 401(k) Sa…Accenture United Sta…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Kone Inc. Employee Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kone Inc. Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Kone Inc. Employee Savings Plan assets move in 2022?
Kone Inc. Employee Savings Plan declined sharply - down 17.0% during 2022, from $448M to $372M. Reported net income was -$76M.
How have Kone Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kone Inc.'s sponsor-wide assets grew 19.5%, from $530M to $634M.
Where does Kone Inc. Employee Savings Plan rank by assets among Form 5500 filers?
Kone Inc. Employee Savings 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 Kone Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Schindler Elevator Corporation Savings and Investment Plan in NJ ($372M, 2,312 participants).

Next read for Kone Inc. Employee Savings Plan

Filing takeaways

Ways to act on Kone Inc. Employee Savings Plan's numbers.