401(k) · DOL Form 5500 · 2022

Hanon Systems USA, LLC 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
327
Participants Below avg headcount
90th
Percentile by assets National rank
$194,350
Avg per participant Above avg balance/head
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Official DOL plan name: Hanon Systems USA, LLC 401(k) Plan · Sponsored by Hanon Systems USA, LLC · Michigan · Manufacturing

$64M in assets, 327 participants

Hanon Systems USA, LLC's Hanon Systems USA, LLC 401(k) Plan reported $64M in total assets and 327 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #17,504 in Manufacturing (20,602 peers)

Where Hanon Systems USA, LLC 401(k) Plan sits by assets

Hanon Systems USA, LLC 401(k) Plan sits in the top 10% of all filed plans by assets, $64M for 327 participants (~$194,350/participant), down 15.7% in 2022.

#17,504
in Manufacturing (20,602 peers)
-15.7%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hanon Systems USA, LLC 401(k) Plan's outsized position by total assets

Hanon Systems USA, LLC 401(k) Plan vs every filed plan by assets

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

$63,552,308 Top 10% higher than 90% 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

Hanon Systems USA, LLC 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. Hanon Systems USA, LLC 401(k) Plan sits mid-pack in the medium band (327 participants).

Plan-year Form 5500 strip

Filing strip 611697358 · Hanon Systems USA, LLC PY 2022 · 401(k)

Hanon Systems USA, LLC 401(k) Plan · $64M · 327 · 90th

  • VS-ST $64M
  • VS-ST 327
  • VS-ST 90th
  • VS-ST 401(k)
  • VS-ST near Packard Medical Group 401(k) Profit Sharing Plan
  • VS-ST ind #17504

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 Michigan →

Hanon Systems USA, LLC 401(k) Plan in the asset neighbourhood

Eastport Holdings, LLC 401(k) PlanEastport Holdings, LLC 401(k…$64MPackard Medical Group 401(k) Profit Sharing PlanPackard Medical Group 401(k)…$64MSocotec, Inc. Profit Sharing PlanSocotec, Inc. Profit Sharing…$64MHanon Systems USA, LLC 401(k) PlanHanon Systems USA, LLC 401(k…$64MDental Associates 401(k) Plan$64M
End-of-year total assets ($M) among Hanon Systems USA, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$64M
Net Income-$12M
Employer EIN611697358
Plan Effective Date2015-09-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanon Systems USA, LLC)

Sponsor-wide plan assets over time

All Hanon Systems USA, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$108M 61.49542753730308% vs 2022
2024 filing year
$60M$80M$100M$120M 202220232024 $66.6M $108M ▲ +61.5%
Year Plans Participants Total Assets
2022 2 561 $67M
2023 2 508 $88M
2024 2 596 $108M

Nearby 401(k) Plans in Michigan

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

Hanon Systems USA, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Hanon Systems USA, LLC 401(k) Plan, Total assets ($B): 0.063552308 · Participants: 327Hanon Systems USA, LLC 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Hanon Systems USA, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Hanon Systems USA, LLC 401(k) Plan side-by-side with 3 peers →

Hanon Systems USA, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Packard Medical Group 401(k) Profit Sharing Plan in CA ($64M); by covered participants it is Everlaw, Inc. 401(k) Plan in CA (327 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Similar participant headcount

Nearest other-state filings by covered participants (327 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 Hanon Systems USA, LLC 401(k) Plan assets move in 2022? ▼
Hanon Systems USA, LLC 401(k) Plan declined sharply - down 15.7% during 2022, from $75M to $64M. Reported net income was -$12M.
How have Hanon Systems USA, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hanon Systems USA, LLC's sponsor-wide assets grew 61.5%, from $67M to $108M.
Where does Hanon Systems USA, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Hanon Systems USA, LLC 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Hanon Systems USA, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Packard Medical Group 401(k) Profit Sharing Plan in CA ($64M, 154 participants).
Which 401(k) plans cover a similar participant headcount to Hanon Systems USA, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Everlaw, Inc. 401(k) Plan in CA (327 participants, $18M 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 611697358.

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.