401(k) · DOL Form 5500 · 2022

Hutchinson Technology Incorporated 401(k) Plan

Data updated 2026-08-25

$218M
Total assets Near avg plan size
495
Participants Below avg headcount
96th
Percentile by assets National rank
$439,520
Avg per participant High balance/head
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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.

  • #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.

#19,261
in Manufacturing (20,602 peers)
-23.6%
assets change YoY
2.2×
vs typical plan assets (national mean)

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.

Hutchinson Technology Incorporated 401(k) Plan's outsized position by total assets

Hutchinson Technology Incorporated 401(k) Plan vs every filed plan by assets

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

$217,562,202 Top 4% higher than 96% 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

Hutchinson Technology Incorporated 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hutchinson Technology Incorporated 401(k) Plan sits mid-pack in the medium band (495 participants).

DOL schedule card

Filing strip 410901840 · Hutchinson Technology Incorporated PY 2022 · 401(k)

Hutchinson Technology Incorporated 401(k) Plan · $218M · 495 · 96th

  • PHOTO $218M
  • PHOTO 495
  • PHOTO 96th
  • PHOTO 401(k)
  • PHOTO near The Park National Corporation Employees Stock Ownership Plan
  • PHOTO ind #19261

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 Minnesota →

Hutchinson Technology Incorporated 401(k) Plan in the asset neighbourhood

1st Source Corporation Employee Stock Ownership and Profit Sharing Plan1st Source Corporation Emplo…$218MHutchinson Technology Incorporated 401(k) PlanHutchinson Technology Incorp…$218MThe Park National Corporation Employees Stock Ownership PlanThe Park National Corporatio…$217MArmanino LLP 401(k) Profit Sharing PlanArmanino LLP 401(k) Profit S…$217MAtlantic Union Bankshares Corporation 401(k) Profit Sharing PlanAtlantic Union Bankshares Co…$217M
End-of-year total assets ($M) among Hutchinson Technology Incorporated 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$285M
Net Assets (End of Year)$218M
Net Income-$67M
Employer EIN410901840
Plan Effective Date1987-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hutchinson Technology Incorporated)

Sponsor-wide plan assets over time

All Hutchinson Technology Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$207M 4.824043378637986% vs 2022
2024 filing year
$205M$210M$215M$220M 202220232024 $218M $207M ▼ -4.8%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Hutchinson Technology Incorporated 401(k) Plan, Total assets ($B): 0.217562202 · Participants: 495Hutchinson Technology Incorporated 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Hutchinson Technology Incorporated 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Hutchinson Technology Incorporated 401(k) Plan side-by-side with 3 peers →

Hutchinson Technology Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is The Park National Corporation Employees Stock Ownership Plan in OH ($217M); by covered participants it is Unitil Corporation Tax Deferred Savings and Investment Plan in NH (495 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (495 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 Hutchinson Technology Incorporated 401(k) Plan assets move in 2022? ▼
Hutchinson Technology Incorporated 401(k) Plan declined sharply - down 23.6% during 2022, from $285M to $218M. Reported net income was -$67M.
How have Hutchinson Technology Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hutchinson Technology Incorporated's sponsor-wide assets declined 4.8%, from $218M to $207M.
Where does Hutchinson Technology Incorporated 401(k) Plan rank by assets among Form 5500 filers? ▼
Hutchinson Technology Incorporated 401(k) Plan ranks in the 96th 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 Hutchinson Technology Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Park National Corporation Employees Stock Ownership Plan in OH ($217M, 1,702 participants).
Which 401(k) plans cover a similar participant headcount to Hutchinson Technology Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Unitil Corporation Tax Deferred Savings and Investment Plan in NH (495 participants, $120M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410901840.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.