401(k) · DOL Form 5500 · 2022

The Cannon Corporation 401(k) Plan

Data updated 2026-08-11

$189M
Total assets
1,067
Participants
95th
Percentile by assets
$176,708
Avg per participant
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Official DOL plan name: The Cannon Corporation 401(k) Plan · Sponsored by The Cannon Corporation · New York · Professional & Technical Services

$189M in assets, 1,067 participants

The Cannon Corporation's The Cannon Corporation 401(k) Plan reported $189M in total assets and 1,067 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #20,809 in Professional & Technical Services (21,562 peers)

Where The Cannon Corporation 401(k) Plan sits by assets

The Cannon Corporation 401(k) Plan sits in the top 5% of all filed plans by assets, $189M for 1,067 participants (~$176,708/participant), down 18.3% in 2022.

$189M
total plan assets (2022 EOY)
1,067
covered participants
95th
percentile by assets (of 139,126 plans)
$176,708
avg assets per participant

The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Cannon Corporation 401(k) Plan vs the 2022 asset distribution

By assets, The Cannon Corporation 401(k) Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$231M
Net Assets (End of Year)$189M
Net Income-$42M
Employer EIN160698950
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cannon Corporation)

$150M$200M$250M$300M 202220232024 $189M $274M ▲ +45.1%
Total plan assets by year, all The Cannon Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,067 $189M
2023 1 1,151 $227M
2024 1 1,151 $274M

Nearby 401(k) Plans in New York

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

The Cannon Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

The Cannon Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The Cannon Corporati…IBM 401 (K) Plus PlanMorgan Stanley 401(k…The Pepsico Savings …Deloitte 401(k) PlanThe Goldman Sachs 40…
The Cannon Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Cannon Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did The Cannon Corporation 401(k) Plan assets move in 2022?
The Cannon Corporation 401(k) Plan declined sharply - down 18.3% during 2022, from $231M to $189M. Reported net income was -$42M.
How have The Cannon Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Cannon Corporation's sponsor-wide assets grew 45.1%, from $189M to $274M.
Where does The Cannon Corporation 401(k) Plan rank by assets among Form 5500 filers?
The Cannon Corporation 401(k) Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Cannon Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Scientific Research Corporation 401(k) Profit Sharing Plan in GA ($189M, 1,674 participants).

Scale reading

Ways to act on The Cannon Corporation 401(k) Plan's numbers.