401(k) · DOL Form 5500 · 2022

Hexcel Corporation 401(k) Plan

Data updated 2026-08-11

$409M
Total assets
2,279
Participants
98th
Percentile by assets
$179,315
Avg per participant
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Official DOL plan name: Hexcel Corporation 401(k) Retirement Savings Plan · Sponsored by Hexcel Corporation · Connecticut · Manufacturing

$409M in assets, 2,279 participants

Hexcel Corporation's Hexcel Corporation 401(k) Retirement Savings Plan reported $409M in total assets and 2,279 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,759 in Manufacturing (20,602 peers)

Coverage in Connecticut

Hexcel Corporation 401(k) Retirement Savings Plan covers 2,279 participants in Connecticut, 3.2x the typical Connecticut plan (state average ~718 per filing). Assets: $409M.

$409M
total plan assets (2022 EOY)
2,279
covered participants
98th
percentile by assets (of 139,126 plans)
$179,315
avg assets per participant

The plan reported a net loss of $112M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. Hexcel Corporation 401(k) Retirement Savings Plan reports 2,279 participants - 3.2x that state average ($409M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$521M
Net Assets (End of Year)$409M
Net Income-$112M
Employer EIN941109521
Plan Effective Date1954-09-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Hexcel Corporation)

$400M$450M$500M$550M$600M 202220232024 $420M $541M ▲ +28.9%
Total plan assets by year, all Hexcel Corporation plans on file
Year Plans Participants Total Assets
2022 2 2,598 $420M
2023 2 2,817 $493M
2024 2 2,942 $541M

Nearby 401(k) Plans in Connecticut

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

Hexcel Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Hexcel Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Hexcel Corporation 4…United Technologies …GE Retirement Saving…Citi Retirement Savi…The Hartford Investm…Xerox Corporation Sa…
Hexcel Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hexcel Corporation 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hexcel Corporation 401(k) Retirement Savings Plan assets move in 2022?
Hexcel Corporation 401(k) Retirement Savings Plan declined sharply - down 21.5% during 2022, from $521M to $409M. Reported net income was -$112M.
How have Hexcel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hexcel Corporation's sponsor-wide assets grew 28.9%, from $420M to $541M.
Where does Hexcel Corporation 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Hexcel Corporation 401(k) Retirement Savings Plan ranks in the 98th 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 Hexcel Corporation 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Two Sigma 401(k) Plan in NY ($409M, 1,652 participants).

Next read for Hexcel Corporation 401(k) Retirement Sav…

Filing takeaways

Ways to act on Hexcel Corporation 401(k) Retirement Savings Plan's numbers.

  • By total assets, Hexcel Corporation 401(k) Retirement Savings 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 Connecticut. Compare plans
  • Hexcel Corporation's sponsor-wide assets have grown 28.9% since 2022 across 3 plan years on file. More Manufacturing plans