401(k)
2023 plan-year 401(k) DOL Form 5500

Mccormick 401(k) Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Mccormick & Company, Inc. ยท Maryland ยท Manufacturing

What the 2023 filing shows

Mccormick 401(k) Retirement Plan holds $871M for 4,881 participants - about $178,389 per participant, up 1.8% over the 2023 plan year.

$871M
total plan assets (2023 EOY)
4,881
covered participants
$178,389
avg assets per participant
+1.8%
assets growth YoY

The plan reported a net loss of $6M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$871M
Participants
4,881
State
Industry
Manufacturing

What the Filing Says About Mccormick 401(k) Retirement Plan

Mccormick 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Mccormick & Company, Inc., headquartered in Maryland. As of the 2023 Form 5500 filing, the plan reports $871M in total end-of-year assets and covers 4,881 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 520408290, and the plan has been effective since 1994-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $855M at the beginning of 2023 to $871M at year-end โ€” a gain of 1.8%. Net assets (after liabilities) closed the year at $871M, with reported net income of $-6,263,537 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$855M
Total Assets (End of Year)$871M
Net Assets (End of Year)$871M
Net Income$-6,263,537
Plan Type401(k)
Employer EIN520408290
Plan Effective Date1994-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mccormick & Company, Inc.)

Year Plans Participants Total Assets
2022 2 6,032 $1.5B
2023 2 5,881 $1.5B
2024 3 5,145 $1.0B

Nearby 401(k) Plans in Maryland

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Frequently Asked Questions

How much money is in the Mccormick 401(k) Retirement Plan?
As of the 2023 Form 5500 filing, Mccormick 401(k) Retirement Plan holds $871M in total assets with 4,881 participants. It is sponsored by Mccormick & Company, Inc..
What type of plan is Mccormick 401(k) Retirement Plan?
Mccormick 401(k) Retirement Plan is a 401(k) plan. It has been effective since 1994-12-01. The plan is filed with the U.S. Department of Labor under EIN 520408290.
Who sponsors the Mccormick 401(k) Retirement Plan?
Mccormick 401(k) Retirement Plan is sponsored by Mccormick & Company, Inc., located in Maryland. The sponsor's EIN is 520408290 and the plan operates in the Manufacturing industry.
How did Mccormick 401(k) Retirement Plan perform in 2023?
Mccormick 401(k) Retirement Plan grew by 1.8% during 2023, moving from $855M to $871M in total assets. Net income was $-6,263,537.
Where can I find official filings for Mccormick 401(k) Retirement Plan?
Official Form 5500 filings for Mccormick 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 520408290 or plan name at efast.dol.gov.
How does Mccormick 401(k) Retirement Plan compare to other plans?
You can compare Mccormick 401(k) Retirement Plan against other 401(k) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 520408290.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.