401(k) · DOL Form 5500 · 2023
Thorlabs, Inc. 401(k) Plan
Data updated 2026-08-11
- $123M
- Total assets
- 1,381
- Participants
- 93rd
- Percentile by assets
- $89,295
- Avg per participant
Official DOL plan name: Thorlabs, Inc 401(k) Retirement Plan · Sponsored by Thorlabs, Inc. · New Jersey · Manufacturing
$123M in assets, 1,381 participants
Thorlabs, Inc.'s Thorlabs, Inc 401(k) Retirement Plan reported $123M in total assets and 1,381 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 127,072 plans)
- #16,593 in Manufacturing (18,722 peers)
Where Thorlabs, Inc 401(k) Retirement Plan sits by assets
Thorlabs, Inc 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $123M for 1,381 participants (~$89,295/participant), up 29.1% in 2023.
- $123M
- total plan assets (2023 EOY)
- 1,381
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $89,295
- avg assets per participant
Where Thorlabs, Inc 401(k) Retirement Plan sits by total assets
Thorlabs, Inc 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$123,315,810 Top 7% higher than 93% of 127,068 filed plans
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
- Thorlabs, Inc 401(k) Retirement Plan reported net income rose from -$13M in the plan year 2022 filing to $28M in the plan year 2023 filing.
- Thorlabs, Inc 401(k) Retirement Plan end-of-year assets rose from $96M in the plan year 2022 filing to $123M in the plan year 2023 filing.
- Thorlabs, Inc 401(k) Retirement Plan reported participants rose from 1,238 in the plan year 2022 filing to 1,381 in the plan year 2023 filing.
Thorlabs, Inc 401(k) Retirement Plan vs the 2023 asset distribution
By assets, Thorlabs, Inc 401(k) Retirement Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $96M |
|---|---|
| Net Assets (End of Year) | $123M |
| Net Income | $28M |
| Employer EIN | 222873153 |
| Plan Effective Date | 1993-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Thorlabs, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,238 | $96M |
| 2023 | 1 | 1,381 | $123M |
| 2024 | 1 | 1,714 | $150M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
- Verizon Savings Plan for Management Employees $27.8B · 78,072
- Johnson and Johnson Savings Plan $22.2B · 41,291
- Ernst & Young Retirement Savings Plan $15.5B · 59,346
- Merck US Savings Plan $13.4B · 26,850
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Thorlabs, Inc 401(k) Retirement Plan by total assets, not by location.
- Tech Mahindra Americas 401(k) Plan (TX) $123M · 7,288
- The Doctors Clinic, a P. C. 401(k) Profit Sharing Plan (WA) $123M · 322
- Eco Material Technologies 401(k) Plan (UT) $123M · 992
- Power Integrations, Inc. 401(k) Plan (CA) $123M · 346
Frequently Asked Questions
How did Thorlabs, Inc 401(k) Retirement Plan assets move in 2023? ▼
How have Thorlabs, Inc. plan assets changed over time? ▼
Where does Thorlabs, Inc 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Thorlabs, Inc 401(k) Retirement Plan? ▼
Next read for Thorlabs, Inc 401(k) Retirement Plan
Scale reading
Ways to act on Thorlabs, Inc 401(k) Retirement Plan's numbers.
- By total assets, Thorlabs, Inc 401(k) Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Thorlabs, Inc.'s sponsor-wide assets have grown 56.9% since 2022 across 3 plan years on file. More Manufacturing plans