401(k)
2022 plan-year 401(k) DOL Form 5500

Meggitt-USA, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Meggitt-USA, Inc. ยท California ยท Management of Enterprises

What the 2023 filing shows

Meggitt-USA, Inc. 401(k) Plan holds $781M for 4,591 participants - about $170,022 per participant, down 18.1% over the 2022 plan year.

$781M
total plan assets (2022 EOY)
4,591
covered participants
$170,022
avg assets per participant
-18.1%
assets change YoY

The plan reported a net loss of $172M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$781M
Participants
4,591
State
Industry
Management of Enterprises

What the Filing Says About Meggitt-USA, Inc. 401(k) Plan

Meggitt-USA, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Meggitt-USA, Inc., headquartered in California. As of the 2022 Form 5500 filing, the plan reports $781M in total end-of-year assets and covers 4,591 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 953639799, and the plan has been effective since 1988-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $953M at the beginning of 2022 to $781M at year-end โ€” a decline of 18.1%. Net assets (after liabilities) closed the year at $781M, with reported net income of $-171,985,078 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$953M
Total Assets (End of Year)$781M
Net Assets (End of Year)$781M
Net Income$-171,985,078
Plan Type401(k)
Employer EIN953639799
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Meggitt-USA, Inc.)

Year Plans Participants Total Assets
2022 1 4,591 $781M
2023 2 8,917 $802M

Nearby 401(k) Plans in California

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Frequently Asked Questions

How much money is in the Meggitt-USA, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Meggitt-USA, Inc. 401(k) Plan holds $781M in total assets with 4,591 participants. It is sponsored by Meggitt-USA, Inc..
What type of plan is Meggitt-USA, Inc. 401(k) Plan?
Meggitt-USA, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1988-07-01. The plan is filed with the U.S. Department of Labor under EIN 953639799.
Who sponsors the Meggitt-USA, Inc. 401(k) Plan?
Meggitt-USA, Inc. 401(k) Plan is sponsored by Meggitt-USA, Inc., located in California. The sponsor's EIN is 953639799 and the plan operates in the Management of Enterprises industry.
How did Meggitt-USA, Inc. 401(k) Plan perform in 2022?
Meggitt-USA, Inc. 401(k) Plan declined by 18.1% during 2022, moving from $953M to $781M in total assets. Net income was $-171,985,078.
Where can I find official filings for Meggitt-USA, Inc. 401(k) Plan?
Official Form 5500 filings for Meggitt-USA, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 953639799 or plan name at efast.dol.gov.
How does Meggitt-USA, Inc. 401(k) Plan compare to other plans?
You can compare Meggitt-USA, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 953639799.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.