401(k) · DOL Form 5500 · 2022

The Hershey Company 401(k) Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
10,065
Participants Very large workforce
99th
Percentile by assets National rank
$174,991
Avg per participant Above avg balance/head
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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.

  • #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.

#20,349
in Manufacturing (20,602 peers)
-17.4%
assets change YoY
18×
vs typical plan assets (national mean)

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.

The Hershey Company 401(k) Plan's outsized position by total assets

The Hershey Company 401(k) Plan vs every filed plan by assets

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

$1,761,280,554 Top 1% higher than 99% 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

The Hershey Company 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Hershey Company 401(k) Plan is a mega filing (10,065 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 230691590 · The Hershey Company PY 2022 · 401(k)

The Hershey Company 401(k) Plan · $1.8B · 10,065 · 99th

  • RANK $1.8B
  • PHOTO 10,065
  • IND 99th
  • EOY 401(k)
  • 5500 near Fedex Corporation Retirement Savings Plan II
  • ASSETS ind #20349

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 Pennsylvania →

The Hershey Company 401(k) Plan in the asset neighbourhood

Novo Nordisk Inc. 401(k) Savings PlanNovo Nordisk Inc. 401(k) Sav…$1.8BThe Hershey Company 401(k) PlanThe Hershey Company 401(k) P…$1.8BFedex Corporation Retirement Savings Plan IIFedex Corporation Retirement…$1.8BGlobal Payments Inc. 401(k) PlanGlobal Payments Inc. 401(k) …$1.8BCampbell Soup Company 401(k) Retirement PlanCampbell Soup Company 401(k)…$1.8B
End-of-year total assets ($B) among The Hershey Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$1.8B
Net Income-$370M
Employer EIN230691590
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hershey Company)

Sponsor-wide plan assets over time

All The Hershey Company plans reported in each filing year

Latest sponsor-wide plan assets
$2.9B 11.883862972141115% vs 2022
2024 filing year
$2.5B$2.6B$2.7B$2.8B$2.9B$3B 202220232024 $2.57B $2.87B ▲ +11.7%
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 Scatter plot of 6 data points. 020000400006000080000100000120000 05101520 Total assets ($B) Participants The Hershey Company 401(k) Plan, Total assets ($B): 1.761280554 · Participants: 10065The Hershey Company 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
The Hershey Company 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

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's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Fedex Corporation Retirement Savings Plan II in TN ($1.8B); by covered participants it is Barclays 401(k) Plan in NY (10,071 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (10,065 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 The Hershey Company 401(k) Plan assets move in 2022? ▼
The Hershey Company 401(k) Plan declined sharply - down 17.4% during 2022, from $2.1B to $1.8B. Reported net income was -$370M.
How have The Hershey Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Hershey Company's sponsor-wide assets grew 11.9%, from $2.6B to $2.9B.
Where does The Hershey Company 401(k) Plan rank by assets among Form 5500 filers? ▼
The Hershey Company 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to The Hershey Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fedex Corporation Retirement Savings Plan II in TN ($1.8B, N/A participants).
Which 401(k) plans cover a similar participant headcount to The Hershey Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Barclays 401(k) Plan in NY (10,071 participants, $2.5B in assets).