401(k) · DOL Form 5500 · 2022
The Hershey Company 401(k) Plan
Data updated 2026-08-11
- $1.8B
- Total assets
- 10,065
- Participants
- 99th
- Percentile by assets
- $174,991
- Avg per participant
Official DOL plan name: The Hershey Company 401(k) Plan · Sponsored by The Hershey Company · Pennsylvania · Manufacturing
$1.8B in assets, 10,065 participants
The Hershey Company's The Hershey Company 401(k) Plan reported $1.8B in total assets and 10,065 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #20,349 in Manufacturing (20,602 peers)
Coverage in Pennsylvania
The Hershey Company 401(k) Plan covers 10,065 participants in Pennsylvania, 12x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.8B.
- $1.8B
- total plan assets (2022 EOY)
- 10,065
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $174,991
- avg assets per participant
The plan reported a net loss of $370M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. The Hershey Company 401(k) Plan reports 10,065 participants - 12x that state average ($1.8B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | -$370M |
| Employer EIN | 230691590 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Hershey Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 12,923 | $2.6B |
| 2023 | 5 | 14,683 | $2.8B |
| 2024 | 4 | 14,048 | $2.9B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Hershey Company 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
Scale composition for The Hershey Company 401(k) Plan
The Hershey Company 401(k) Plan reports $1.8B in end-of-year assets across 10,065 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $174,991 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2022 was -$370M.
This plan identity (EIN 230691590, plan #010) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.1B (+21.1%) while covered participants moved from 10,065 to 11,492 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,065 | $1.8B | This page |
| 2023 | 10,921 | $2.0B | Open filing |
| 2024 · index core | 11,492 | $2.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Hershey Company 401(k) Plan (401(k), $2.1B, 11,492 participants)
- The Hershey Company Retirement Plan (Defined Benefit (Pension), $730M, 2,280 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Hershey Company 401(k) Plan by total assets, not by location.
- Fedex Corporation Retirement Savings Plan II (TN) $1.8B · N/A
- Global Payments Inc. 401(k) Plan (GA) $1.8B · 14,044
- Campbell Soup Company 401(k) Retirement Plan (NJ) $1.8B · 13,809
- Novo Nordisk Inc. 401(k) Savings Plan (NJ) $1.8B · 5,770
Frequently Asked Questions
How did The Hershey Company 401(k) Plan assets move in 2022? ▼
How have The Hershey Company plan assets changed over time? ▼
Where does The Hershey Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Hershey Company 401(k) Plan? ▼
Next read for The Hershey Company 401(k) Plan
Filing takeaways
Ways to act on The Hershey Company 401(k) Plan's numbers.
- By total assets, The Hershey Company 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- The Hershey Company's sponsor-wide assets have grown 11.9% since 2022 across 3 plan years on file. More Manufacturing plans