401(k) · DOL Form 5500 · 2022

Thermon, Inc. 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
450
Participants Below avg headcount
87th
Percentile by assets National rank
$100,978
Avg per participant Below avg balance/head
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Official DOL plan name: Thermon Inc. 401(k) Plan · Sponsored by Thermon, Inc. · Texas · Manufacturing

$45M in assets, 450 participants

Thermon, Inc.'s Thermon Inc. 401(k) Plan reported $45M in total assets and 450 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #16,745 in Manufacturing (20,602 peers)

Where Thermon Inc. 401(k) Plan sits by assets

Thermon Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $45M for 450 participants (~$100,978/participant), down 17.9% in 2022.

#16,745
in Manufacturing (20,602 peers)
-17.9%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thermon Inc. 401(k) Plan's outsized position by total assets

Thermon Inc. 401(k) Plan vs every filed plan by assets

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

$45,440,251 Top 13% higher than 87% 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

Thermon Inc. 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. Thermon Inc. 401(k) Plan sits mid-pack in the medium band (450 participants).

Form 5500 schedule snapshot

Filing strip 742246799 · Thermon, Inc. PY 2022 · 401(k)

Thermon Inc. 401(k) Plan · $45M · 450 · 87th

  • RANK $45M
  • PHOTO 450
  • IND 87th
  • EOY 401(k)
  • 5500 near Data-Mail 401(k) Retirement Savings Plan
  • ASSETS ind #16745

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 Texas →

Thermon Inc. 401(k) Plan in the asset neighbourhood

Thermon Inc. 401(k) Plan$45MData-Mail 401(k) Retirement Savings PlanData-Mail 401(k) Retirement …$45MThe Economist Group 401(k) PlanThe Economist Group 401(k) P…$45MSilver Freedman Taff & Tiernan LLP 401(k) Profit Sharing PlanSilver Freedman Taff & Tiern…$45MUnited Road Services, Inc. Employee's 401(k) PlanUnited Road Services, Inc. E…$45M
End-of-year total assets ($M) among Thermon Inc. 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)$55M
Net Assets (End of Year)$45M
Net Income-$10M
Employer EIN742246799
Plan Effective Date1985-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thermon, Inc.)

Sponsor-wide plan assets over time

All Thermon, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$58M 26.714841429903192% vs 2022
2023 filing year
$40M$45M$50M$55M$60M 20222023 $45.4M $57.6M ▲ +26.7%
Year Plans Participants Total Assets
2022 1 450 $45M
2023 1 480 $58M

Nearby 401(k) Plans in Texas

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

Thermon Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Thermon Inc. 401(k) Plan, Total assets ($B): 0.045440251 · Participants: 450Thermon Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Thermon Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Thermon Inc. 401(k) Plan side-by-side with 3 peers →

Thermon Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Data-Mail 401(k) Retirement Savings Plan in CT ($45M); by covered participants it is Intellia Tx, Inc. 401(k) Plan in MA (450 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (450 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 Thermon Inc. 401(k) Plan assets move in 2022? ▼
Thermon Inc. 401(k) Plan declined sharply - down 17.9% during 2022, from $55M to $45M. Reported net income was -$10M.
How have Thermon, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Thermon, Inc.'s sponsor-wide assets grew 26.7%, from $45M to $58M.
Where does Thermon Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Thermon Inc. 401(k) Plan ranks in the 87th 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 Thermon Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Data-Mail 401(k) Retirement Savings Plan in CT ($45M, 780 participants).
Which 401(k) plans cover a similar participant headcount to Thermon Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Intellia Tx, Inc. 401(k) Plan in MA (450 participants, $31M 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 742246799.

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.