401(k) · DOL Form 5500 · 2022

Smiths Group Services Corporation 401(k) Plan

Data updated 2026-08-11

$824M
Total assets
5,415
Participants
99th
Percentile by assets
$152,228
Avg per participant
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Official DOL plan name: Smiths Group Incentive Savings Plan · Sponsored by Smiths Group Services Corporation · District of Columbia · Manufacturing

$824M in assets, 5,415 participants

Smiths Group Services Corporation's Smiths Group Incentive Savings Plan reported $824M in total assets and 5,415 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)
  • #20,110 in Manufacturing (20,602 peers)

Coverage in District of Columbia

Smiths Group Incentive Savings Plan covers 5,415 participants in District of Columbia, 3.7x the typical District of Columbia plan (state average ~1,456 per filing). Assets: $824M.

$824M
total plan assets (2022 EOY)
5,415
covered participants
99th
percentile by assets (of 139,126 plans)
$152,228
avg assets per participant

The plan reported a net loss of $321M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs District of Columbia filers

In District of Columbia, the average filing covers about 1,456 participants across 881 plans. Smiths Group Incentive Savings Plan reports 5,415 participants - 3.7x that state average ($824M EOY assets).

District of Columbia filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$824M
Net Income-$321M
Employer EIN223015350
Plan Effective Date1986-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smiths Group Services Corporation)

$1B$1.1B$1.2B$1.3B 202220232024 $1.06B $1.24B ▲ +17.0%
Total plan assets by year, all Smiths Group Services Corporation plans on file
Year Plans Participants Total Assets
2022 2 6,607 $1.1B
2023 2 5,969 $1.2B
2024 2 5,085 $1.2B

Nearby 401(k) Plans in District of Columbia

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

Smiths Group Incentive Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Smiths Group Incentive Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 02468 Total assets ($B) Participants Smiths Group Incenti…Danaher Corporation …Revised Profit Shari…Federal National Mor…Finra Savings Plus P…Hogan Lovells US LLP…
Smiths Group Incentive Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Scale composition for Smiths Group Incentive Savings Plan

Smiths Group Incentive Savings Plan reports $824M in end-of-year assets across 5,415 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $152,228 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2022 was -$321M.

This plan identity (EIN 223015350, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $824M to $1.0B (+21.6%) while covered participants moved from 5,415 to 4,550 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,415 $824M This page
2023 5,382 $923M Open filing
2024 · index core 4,550 $1.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Smiths Group Incentive Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Smiths Group Incentive Savings Plan assets move in 2022?
Smiths Group Incentive Savings Plan contracted severely - down 36.4% during 2022, from $1.3B to $824M. Reported net income was -$321M.
How have Smiths Group Services Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Smiths Group Services Corporation's sponsor-wide assets grew 16.4%, from $1.1B to $1.2B.
Where does Smiths Group Incentive Savings Plan rank by assets among Form 5500 filers?
Smiths Group Incentive Savings 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 Smiths Group Incentive Savings Plan?
Among 401(k) plans in other states, the closest by assets is G & a Partners Multiple Employer 401(k) Plan in TX ($824M, 25,751 participants).

Next read for Smiths Group Incentive Savings Plan

Filing takeaways

Ways to act on Smiths Group Incentive Savings Plan's numbers.

  • By total assets, Smiths Group Incentive Savings 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 District of Columbia. Compare plans
  • Smiths Group Services Corporation's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Manufacturing plans