401(k) · DOL Form 5500 · 2023

Heico Corporation 401(k) Plan

Data updated 2026-08-11

$843M
Total assets
5,127
Participants
98th
Percentile by assets
$164,356
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Heico Savings and Investment Plan · Sponsored by Heico Corporation · Florida · Manufacturing

$843M in assets, 5,127 participants

Heico Corporation's Heico Savings and Investment Plan reported $843M in total assets and 5,127 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)
  • #18,190 in Manufacturing (18,722 peers)

Coverage in Florida

Heico Savings and Investment Plan covers 5,127 participants in Florida, 8.2x the typical Florida plan (state average ~628 per filing). Assets: $843M.

$843M
total plan assets (2023 EOY)
5,127
covered participants
98th
percentile by assets (of 127,072 plans)
$164,356
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Heico Savings and Investment Plan reported net income rose from -$41M in the plan year 2022 filing to $142M in the plan year 2023 filing.
  • Heico Savings and Investment Plan reported participants rose from 4,151 in the plan year 2022 filing to 5,127 in the plan year 2023 filing.
  • Heico Savings and Investment Plan end-of-year assets rose from $701M in the plan year 2022 filing to $843M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Heico Savings and Investment Plan reports 5,127 participants - 8.2x that state average ($843M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$701M
Net Assets (End of Year)$843M
Net Income$142M
Employer EIN650341002
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heico Corporation)

$0.6B$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.7B $1.02B ▲ +45.7%
Total plan assets by year, all Heico Corporation plans on file
Year Plans Participants Total Assets
2022 1 4,151 $701M
2023 1 5,127 $843M
2024 1 6,503 $1.0B

Nearby 401(k) Plans in Florida

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

Heico Savings and Investment Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Heico Savings and Investment Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Heico Savings and In…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Trinet 401(k) PlanPublix Super Markets…
Heico Savings and Investment Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Heico Savings and Investment Plan

Heico Savings and Investment Plan reports $843M in end-of-year assets across 5,127 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $164,356 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $142M.

This plan identity (EIN 650341002, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $701M to $1.0B (+44.9%) while covered participants moved from 4,151 to 6,503 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,151 $701M Open filing
2023 5,127 $843M This page
2024 · index core 6,503 $1.0B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Heico Savings and Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Heico Savings and Investment Plan assets move in 2023?
Heico Savings and Investment Plan grew sharply - up 20.2% during 2023, from $701M to $843M. Reported net income was $142M.
How have Heico Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Heico Corporation's sponsor-wide assets grew 44.9%, from $701M to $1.0B.
Where does Heico Savings and Investment Plan rank by assets among Form 5500 filers?
Heico Savings and Investment 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 Heico Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Schlage Lock Company LLC Employee Savings Plan in IN ($842M, 5,074 participants).

Next read for Heico Savings and Investment Plan

Filing takeaways

Ways to act on Heico Savings and Investment Plan's numbers.