401(k) · DOL Form 5500 · 2022

Hyosung Holdings 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
1,253
Participants Near avg headcount
88th
Percentile by assets National rank
$39,277
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hyosung Holdings USA Svgs Plan · Sponsored by Hyosung Holdings · North Carolina · Manufacturing

$49M in assets, 1,253 participants

Hyosung Holdings's Hyosung Holdings USA Svgs Plan reported $49M in total assets and 1,253 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #16,927 in Manufacturing (20,602 peers)

Where Hyosung Holdings USA Svgs Plan sits by assets

Hyosung Holdings USA Svgs Plan sits in the top quartile of all filed plans by assets, $49M for 1,253 participants (~$39,277/participant), down 11.9% in 2022.

#16,927
in Manufacturing (20,602 peers)
-11.9%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hyosung Holdings USA Svgs Plan's outsized position by total assets

Hyosung Holdings USA Svgs Plan vs every filed plan by assets

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

$49,214,135 Top 12% higher than 88% 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

Hyosung Holdings USA Svgs Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hyosung Holdings USA Svgs Plan lands in the large band (1,253 participants).

Plan-year Form 5500 strip

Filing strip 611571366 · Hyosung Holdings PY 2022 · 401(k)

Hyosung Holdings USA Svgs Plan · $49M · 1,253 · 88th

  • IND $49M
  • IND 1,253
  • IND 88th
  • IND 401(k)
  • IND near Europ Assistance North America 401(k) Plan
  • IND ind #16927

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 North Carolina →

Hyosung Holdings USA Svgs Plan in the asset neighbourhood

Pridgeon & Clay, Inc. 401(k) Retirement Savings PlanPridgeon & Clay, Inc. 401(k)…$49MEurop Assistance North America 401(k) PlanEurop Assistance North Ameri…$49MHyosung Holdings USA Svgs PlanHyosung Holdings USA Svgs Pl…$49MLund Food Holdings, Inc. 401(k) PlanLund Food Holdings, Inc. 401…$49MBradley/Dixie Companies Retirement PlanBradley/Dixie Companies Reti…$49M
End-of-year total assets ($M) among Hyosung Holdings USA Svgs Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$49M
Net Income-$7M
Employer EIN611571366
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hyosung Holdings)

Sponsor-wide plan assets over time

All Hyosung Holdings plans reported in each filing year

Latest sponsor-wide plan assets
$66M 33.31071246096269% vs 2022
2024 filing year
$45M$50M$55M$60M$65M$70M 202220232024 $49.2M $65.6M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 1,253 $49M
2023 1 1,310 $59M
2024 1 1,345 $66M

Nearby 401(k) Plans in North Carolina

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

Hyosung Holdings USA Svgs Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Hyosung Holdings USA Svgs Plan, Total assets ($B): 0.049214135 · Participants: 1253Hyosung Holdings USA Svgs PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Hyosung Holdings USA Svgs Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Hyosung Holdings USA Svgs Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Europ Assistance North America 401(k) Plan in FL ($49M); by covered participants it is Innventures Ivi LP 401(k) Profit Sharing Plan and Trust in WA (1,253 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,253 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 Hyosung Holdings USA Svgs Plan assets move in 2022?
Hyosung Holdings USA Svgs Plan pulled back noticeably - down 11.9% during 2022, from $56M to $49M. Reported net income was -$7M.
How have Hyosung Holdings plan assets changed over time?
Across 3 plan years on file (2022-2024), Hyosung Holdings's sponsor-wide assets grew 33.3%, from $49M to $66M.
Where does Hyosung Holdings USA Svgs Plan rank by assets among Form 5500 filers?
Hyosung Holdings USA Svgs Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hyosung Holdings USA Svgs Plan?
Among 401(k) plans in other states, the closest by assets is Europ Assistance North America 401(k) Plan in FL ($49M, 693 participants).
Which 401(k) plans cover a similar participant headcount to Hyosung Holdings USA Svgs Plan?
Among 401(k) plans in other states, the closest by covered participants is Innventures Ivi LP 401(k) Profit Sharing Plan and Trust in WA (1,253 participants, $11M in assets).