401(k) · DOL Form 5500 · 2022

TECOMET 401(k) Plan

Data updated 2026-08-11

$124M
Total assets
2,903
Participants
94th
Percentile by assets
$42,618
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Tecomet 401(k) Plan · Sponsored by TECOMET · Massachusetts · Manufacturing

$124M in assets, 2,903 participants

TECOMET's Tecomet 401(k) Plan reported $124M in total assets and 2,903 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #18,636 in Manufacturing (20,602 peers)

Coverage in Massachusetts

Tecomet 401(k) Plan covers 2,903 participants in Massachusetts, 4.4x the typical Massachusetts plan (state average ~659 per filing). Assets: $124M.

$124M
total plan assets (2022 EOY)
2,903
covered participants
94th
percentile by assets (of 139,126 plans)
$42,618
avg assets per participant

The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Massachusetts
Industry
Manufacturing

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Tecomet 401(k) Plan reports 2,903 participants - 4.4x that state average ($124M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$152M
Net Assets (End of Year)$124M
Net Income-$28M
Employer EIN043004131
Plan Effective Date2008-09-29
Filing StatusFILING RECEIVED

Sponsor Plan History (TECOMET)

$120M$125M$130M$135M 20222023 $124M $133M ▲ +7.8%
Total plan assets by year, all TECOMET plans on file
Year Plans Participants Total Assets
2022 1 2,903 $124M
2023 1 2,949 $133M

Nearby 401(k) Plans in Massachusetts

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

Tecomet 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Tecomet 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -100102030 Total assets ($B) Participants Tecomet 401(k) PlanFidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Tecomet 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Tecomet 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tecomet 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Tecomet 401(k) Plan assets move in 2022? ▼
Tecomet 401(k) Plan declined sharply - down 18.4% during 2022, from $152M to $124M. Reported net income was -$28M.
How have TECOMET plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), TECOMET's sponsor-wide assets grew 7.8%, from $124M to $133M.
Where does Tecomet 401(k) Plan rank by assets among Form 5500 filers? ▼
Tecomet 401(k) Plan ranks in the 94th 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 Tecomet 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Millennium Physician Group 401(k) Plan & Trust in FL ($124M, 2,790 participants).

Next read for Tecomet 401(k) Plan

Filing takeaways

Ways to act on Tecomet 401(k) Plan's numbers.

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 043004131.

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.