401(k) · DOL Form 5500 · 2023

Applied Industrial Technologies, Inc. 401(k) Plan

Data updated 2026-08-11

$774M
Total assets: 4,818
Participants: 98th
Percentile by assets: $160,724
Avg per participant

Official DOL plan name: Applied Industrial Technologies, Inc. Retirement Savings Plan · Sponsored by Applied Industrial Technologies, Inc. · Ohio · Wholesale Trade

$774M in assets, 4,818 participants

Applied Industrial Technologies, Inc.'s Applied Industrial Technologies, Inc. Retirement Savings Plan reported $774M in total assets and 4,818 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 127,072 plans)
#6,242 in Wholesale Trade (6,309 peers)

Coverage in Ohio

Applied Industrial Technologies, Inc. Retirement Savings Plan covers 4,818 participants in Ohio, 6.3x the typical Ohio plan (state average ~765 per filing). Assets: $774M.

$774M
total plan assets (2023 EOY): 4,818
covered participants: 98th
percentile by assets (of 127,072 plans): $160,724
avg assets per participant

Applied Industrial Technologies, Inc. Retirement Savings Plan reported net income rose from -$102M in the plan year 2022 filing to $133M in the plan year 2023 filing.
Applied Industrial Technologies, Inc. Retirement Savings Plan end-of-year assets rose from $641M in the plan year 2022 filing to $774M in the plan year 2023 filing.
Applied Industrial Technologies, Inc. Retirement Savings Plan reported participants rose from 4,672 in the plan year 2022 filing to 4,818 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Ohio

Industry

Wholesale Trade

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Applied Industrial Technologies, Inc. Retirement Savings Plan reports 4,818 participants - 6.3x that state average ($774M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)	$641M
Net Assets (End of Year)	$774M
Net Income	$133M
Employer EIN	340117420
Plan Effective Date	1988-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Applied Industrial Technologies, Inc.)

Total plan assets by year, all Applied Industrial Technologies, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	4,672	$641M
2023	1	4,818	$774M
2024	1	5,000	$862M

Nearby 401(k) Plans in Ohio

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

Applied Industrial Technologies, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

GE Retirement Savings Plan $19.5B · 59,766
The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
The Progressive 401(k) Plan $9.2B · 56,176
The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
Nationwide Savings Plan $7.6B · 24,715

Compare Applied Industrial Technologies, Inc. Re… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Applied Industrial Technologies, Inc. Retirement Savings Plan by total assets, not by location.

Skyworks Solutions Savings and Retirement 401(k) Plan (MA) $774M · 2,639
Auto-Owners Insurance Company Retirement Savings Plan (MI) $773M · 6,483
Kirby 401(k) Plan (TX) $777M · 4,954
Pay Deferral and Savings Plan of Hines Interests Limited Partnership (TX) $771M · 2,745

Frequently Asked Questions

How did Applied Industrial Technologies, Inc. Retirement Savings Plan assets move in 2023? ▼

Applied Industrial Technologies, Inc. Retirement Savings Plan grew sharply - up 20.7% during 2023, from $641M to $774M. Reported net income was $133M.

How have Applied Industrial Technologies, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Applied Industrial Technologies, Inc.'s sponsor-wide assets grew 34.4%, from $641M to $862M.

Where does Applied Industrial Technologies, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Applied Industrial Technologies, Inc. Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Applied Industrial Technologies, Inc. Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Skyworks Solutions Savings and Retirement 401(k) Plan in MA ($774M, 2,639 participants).

Next read for Applied Industrial Technologies, Inc. Re…

Filing takeaways

Ways to act on Applied Industrial Technologies, Inc. Retirement Savings Plan's numbers.

By total assets, Applied Industrial Technologies, Inc. Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
Applied Industrial Technologies, Inc.'s sponsor-wide assets have grown 34.4% since 2022 across 3 plan years on file. More Wholesale Trade plans

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) - original filing retrieval by EIN 340117420.