401(k) · DOL Form 5500 · 2022
Hutchinson Technology Incorporated 401(k) Plan
Data updated 2026-08-11
- $218M
- Total assets
- 495
- Participants
- 96th
- Percentile by assets
- $439,520
- Avg per participant
Official DOL plan name: Hutchinson Technology Incorporated 401(k) Plan · Sponsored by Hutchinson Technology Incorporated · Minnesota · Manufacturing
$218M in assets, 495 participants
Hutchinson Technology Incorporated's Hutchinson Technology Incorporated 401(k) Plan reported $218M in total assets and 495 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #19,261 in Manufacturing (20,602 peers)
Coverage in Minnesota
Hutchinson Technology Incorporated 401(k) Plan covers 495 participants in Minnesota, about 44% of the average Minnesota filer (state average ~1,126 per filing). Assets: $218M.
- $218M
- total plan assets (2022 EOY)
- 495
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $439,520
- avg assets per participant
The plan reported a net loss of $67M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Hutchinson Technology Incorporated 401(k) Plan reports 495 participants - about 44% of that state average ($218M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $285M |
|---|---|
| Net Assets (End of Year) | $218M |
| Net Income | -$67M |
| Employer EIN | 410901840 |
| Plan Effective Date | 1987-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hutchinson Technology Incorporated)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 495 | $218M |
| 2023 | 1 | 502 | $219M |
| 2024 | 1 | 179 | $207M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Hutchinson Technology Incorporated 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hutchinson Technology Incorporated 401(k) Plan by total assets, not by location.
- The Park National Corporation Employees Stock Ownership Plan (OH) $217M · 1,702
- Armanino LLP 401(k) Profit Sharing Plan (CA) $217M · 2,192
- Atlantic Union Bankshares Corporation 401(k) Profit Sharing Plan (VA) $217M · 1,930
- 1st Source Corporation Employee Stock Ownership and Profit Sharing Plan (IN) $218M · 1,108
Frequently Asked Questions
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Filing takeaways
Ways to act on Hutchinson Technology Incorporated 401(k) Plan's numbers.
- By total assets, Hutchinson Technology Incorporated 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Hutchinson Technology Incorporated's sponsor-wide assets have declined 4.8% since 2022 across 3 plan years on file. More Manufacturing plans