401(k) · DOL Form 5500 · 2023

The Manitowoc Company, Inc. 401(k) Plan

Data updated 2026-08-11

$296M
Total assets
1,632
Participants
96th
Percentile by assets
$181,453
Avg per participant
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Official DOL plan name: The Manitowoc Company, Inc. 401(k) Retirement Plan · Sponsored by The Manitowoc Company, Inc. · Wisconsin · Manufacturing

$296M in assets, 1,632 participants

The Manitowoc Company, Inc.'s The Manitowoc Company, Inc. 401(k) Retirement Plan reported $296M in total assets and 1,632 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #17,558 in Manufacturing (18,722 peers)

Coverage in Wisconsin

The Manitowoc Company, Inc. 401(k) Retirement Plan covers 1,632 participants in Wisconsin, 2.9x the typical Wisconsin plan (state average ~563 per filing). Assets: $296M.

$296M
total plan assets (2023 EOY)
1,632
covered participants
96th
percentile by assets (of 127,072 plans)
$181,453
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Manitowoc Company, Inc. 401(k) Retirement Plan reported net income rose from -$52M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • The Manitowoc Company, Inc. 401(k) Retirement Plan end-of-year assets rose from $259M in the plan year 2022 filing to $296M in the plan year 2023 filing.
  • The Manitowoc Company, Inc. 401(k) Retirement Plan reported participants rose from 1,566 in the plan year 2022 filing to 1,632 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 563 participants across 2,940 plans. The Manitowoc Company, Inc. 401(k) Retirement Plan reports 1,632 participants - 2.9x that state average ($296M EOY assets).

Wisconsin filing particulars

Total Assets (Beginning of Year)$259M
Net Assets (End of Year)$296M
Net Income$37M
Employer EIN390448110
Plan Effective Date1960-05-02
Filing StatusFILING RECEIVED

Sponsor Plan History (The Manitowoc Company, Inc.)

$300M$350M$400M$450M 202220232024 $341M $409M ▲ +19.8%
Total plan assets by year, all The Manitowoc Company, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,849 $341M
2023 2 1,904 $383M
2024 2 1,971 $409M

Nearby 401(k) Plans in Wisconsin

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

The Manitowoc Company, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

The Manitowoc Company, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants The Manitowoc Compan…Advocate Aurora Heal…Johnson Controls Ret…Fiserv 401(k) Saving…Kimberly-Clark Corpo…Rockwell Automation …
The Manitowoc Company, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Manitowoc Company, Inc. 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Manitowoc Company, Inc. 401(k) Retirement Plan assets move in 2023?
The Manitowoc Company, Inc. 401(k) Retirement Plan grew at a solid clip - up 14.5% during 2023, from $259M to $296M. Reported net income was $37M.
How have The Manitowoc Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Manitowoc Company, Inc.'s sponsor-wide assets grew 19.8%, from $341M to $409M.
Where does The Manitowoc Company, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
The Manitowoc Company, Inc. 401(k) Retirement Plan ranks in the 96th 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 The Manitowoc Company, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is The Iowa Clinic 401(k) Profit Sharing Plan in IA ($296M, 1,129 participants).

Next read for The Manitowoc Company, Inc. 401(k) Retir…

Filing takeaways

Ways to act on The Manitowoc Company, Inc. 401(k) Retirement Plan's numbers.

  • By total assets, The Manitowoc Company, Inc. 401(k) Retirement 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 Wisconsin. Compare plans
  • The Manitowoc Company, Inc.'s sponsor-wide assets have grown 19.8% since 2022 across 3 plan years on file. More Manufacturing plans