401(k) · DOL Form 5500 · 2022
Plug Power Inc. 401(k) Plan
Data updated 2026-08-25
- $126M
- Total assets Near avg plan size
- 1,564
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $80,263
- Avg per participant Below avg balance/head
Official DOL plan name: Plug Power Inc. Savings and Retirement Plan · Sponsored by Plug Power Inc. · New York · Manufacturing
$126M in assets, 1,564 participants
Plug Power Inc.'s Plug Power Inc. Savings and Retirement Plan reported $126M in total assets and 1,564 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.
- #18,659 in Manufacturing (20,602 peers)
Where Plug Power Inc. Savings and Retirement Plan sits by assets
Plug Power Inc. Savings and Retirement Plan sits in the top 10% of all filed plans by assets, $126M for 1,564 participants (~$80,263/participant), down 26.4% in 2022.
- #18,659
- in Manufacturing (20,602 peers)
- -26.4%
- assets change YoY
- 1.3×
- vs typical plan assets (national mean)
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.
Plug Power Inc. Savings and Retirement Plan's outsized position by total assets
Plug Power Inc. Savings and Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$125,530,836 Top 6% higher than 94% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Plug Power Inc. Savings and Retirement 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. Plug Power Inc. Savings and Retirement Plan lands in the large band (1,564 participants).
Published 5500 schedule card
Filing strip 223672377 · Plug Power Inc. PY 2022 · 401(k)
Plug Power Inc. Savings and Retirement Plan · $126M · 1,564 · 94th
- PCT $126M
- PCT 1,564
- PCT 94th
- PCT 401(k)
- PCT near Avl North America, Inc. 401(k) Plan
- PCT ind #18659
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 Manufacturing retirement plans → · Plans in New York →
Plug Power Inc. Savings and Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $170M |
|---|---|
| Net Assets (End of Year) | $126M |
| Net Income | -$46M |
| Employer EIN | 223672377 |
| Plan Effective Date | 1997-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Plug Power Inc.)
Sponsor-wide plan assets over time
All Plug Power Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $154M 23.052225988521258% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,564 | $126M |
| 2023 | 1 | 2,678 | $138M |
| 2024 | 1 | 3,181 | $154M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- IBM 401 (K) Plus Plan $53.4B · 56,376
- Morgan Stanley 401(k) Plan $16.4B · 42,924
- The Pepsico Savings Plan $12.1B · 129,846
- Deloitte 401(k) Plan $11.0B · 74,687
- The Goldman Sachs 401(k) Plan $9.7B · 22,650
Plug Power Inc. Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside New York, the nearest 401(k) by assets is Avl North America, Inc. 401(k) Plan in MI ($126M); by covered participants it is Chancelight Inc 401(k) Profit Sharing Plan & Trust in TN (1,564 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($126M here).
- Avl North America, Inc. 401(k) Plan (MI) $126M · 561
- Marmon Consolidated Retirement Plan (IL) $126M · 3,928
- Belgioioso Cheese, Inc. 401(k) Profit Sharing Plan (WI) $125M · 832
- Link-Belt Employees' Savings & Investment Plan (KY) $126M · 721
Similar participant headcount
Nearest other-state filings by covered participants (1,564 participants); asset peers above are excluded.
- Chancelight Inc 401(k) Profit Sharing Plan & Trust (TN) 1,564 · 0 off
- Computer Aid, Inc. 401(k) Profit Sharing Plan (PA) 1,564 · 0 off
- Sugar Creek Packing Co. 401(k) Plan and Trust (OH) 1,564 · 0 off
- Quorum Health 401(k) Plan (TN) 1,564 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.