401(k) · DOL Form 5500 · 2023

Kraft Group LLC 401(k) Plan

Data updated 2026-08-11

$173M
Total assets
3,642
Participants
94th
Percentile by assets
$47,573
Avg per participant
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Official DOL plan name: Kraft Group Retirement and 401(k) Plan · Sponsored by Kraft Group LLC · Massachusetts · Manufacturing

$173M in assets, 3,642 participants

Kraft Group LLC's Kraft Group Retirement and 401(k) Plan reported $173M in total assets and 3,642 participants in its 2023 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 127,072 plans)
  • #17,042 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Kraft Group Retirement and 401(k) Plan covers 3,642 participants in Massachusetts, 5.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $173M.

$173M
total plan assets (2023 EOY)
3,642
covered participants
94th
percentile by assets (of 127,072 plans)
$47,573
avg assets per participant

Where Kraft Group Retirement and 401(k) Plan sits by total assets

Kraft Group Retirement and 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$173,261,226 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kraft Group Retirement and 401(k) Plan reported net income rose from -$41M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Kraft Group Retirement and 401(k) Plan reported participants rose from 2,377 in the plan year 2022 filing to 3,642 in the plan year 2023 filing.
  • Kraft Group Retirement and 401(k) Plan end-of-year assets rose from $142M in the plan year 2022 filing to $173M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Kraft Group Retirement and 401(k) Plan reports 3,642 participants - 5.5x that state average ($173M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$142M
Net Assets (End of Year)$173M
Net Income$31M
Employer EIN043288096
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kraft Group LLC)

$120M$140M$160M$180M$200M$220M 202220232024 $142M $199M ▲ +39.7%
Total plan assets by year, all Kraft Group LLC plans on file
Year Plans Participants Total Assets
2022 1 2,377 $142M
2023 1 3,642 $173M
2024 1 4,011 $199M

Nearby 401(k) Plans in Massachusetts

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

Kraft Group Retirement and 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Kraft Group Retirement and 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Kraft Group Retireme…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…Philips North Americ…
Kraft Group Retirement and 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kraft Group Retirement and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Kraft Group Retirement and 401(k) Plan assets move in 2023?
Kraft Group Retirement and 401(k) Plan grew sharply - up 21.8% during 2023, from $142M to $173M. Reported net income was $31M.
How have Kraft Group LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Kraft Group LLC's sponsor-wide assets grew 39.6%, from $142M to $199M.
Where does Kraft Group Retirement and 401(k) Plan rank by assets among Form 5500 filers?
Kraft Group Retirement and 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Kraft Group Retirement and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Your Retirement Savings Plan in MS ($173M, 7,556 participants).

Next read for Kraft Group Retirement and 401(k) Plan

Filing takeaways

Ways to act on Kraft Group Retirement and 401(k) Plan's numbers.