401(k) · DOL Form 5500 · 2023

Sypris Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
231
Participants Below avg headcount
89th
Percentile by assets National rank
$301,638
Avg per participant High balance/head
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Official DOL plan name: Sypris Solutions 401(k) Merged Retirement Savings Plan · Sponsored by Sypris Solutions, Inc. · Kentucky · Manufacturing

$70M in assets, 231 participants

Sypris Solutions, Inc.'s Sypris Solutions 401(k) Merged Retirement Savings Plan reported $70M in total assets and 231 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,559 in Manufacturing (18,722 peers)

Coverage in Kentucky

Sypris Solutions 401(k) Merged Retirement Savings Plan covers 231 participants in Kentucky, about 36% of the average Kentucky filer (state average ~647 per filing). Assets: $70M.

#15,559
in Manufacturing (18,722 peers)
+16.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Sypris Solutions 401(k) Merged Retirement Savings Plan's outsized position by total assets

Sypris Solutions 401(k) Merged Retirement Savings Plan vs every filed plan by assets

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

$69,678,264 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,050,000,000 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

Sypris Solutions 401(k) Merged Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sypris Solutions 401(k) Merged Retirement Savings Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sypris Solutions 401(k) Merged Retirement Savings Plan reported net income rose from -$18M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Sypris Solutions 401(k) Merged Retirement Savings Plan end-of-year assets rose from $60M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Sypris Solutions 401(k) Merged Retirement Savings Plan reported participants rose from 213 in the plan year 2022 filing to 231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 611321992 · Sypris Solutions, Inc. PY 2023 · 401(k)

Sypris Solutions 401(k) Merged Retirement Savings Plan · $70M · 231 · 89th

  • ASSETS $70M
  • PCT 231
  • EIN 89th
  • RANK 401(k)
  • PHOTO near The Emerson Group Retirement Plan
  • IND ind #15559

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Kentucky →

Sypris Solutions 401(k) Merged Retirement Savings Plan in the asset neighbourhood

Sypris Solutions 401(k) Merged Retirement Savings PlanSypris Solutions 401(k) Merg…$70MThe Emerson Group Retirement PlanThe Emerson Group Retirement…$70MSandhills 401(k) Plan$70MMinneapolis Radiation Oncology Physicians, P.a. 401(k) Plan & TrustMinneapolis Radiation Oncolo…$70MMenzies Aviation (USA), Inc. 401(k) PlanMenzies Aviation (USA), Inc.…$70M
End-of-year total assets ($M) among Sypris Solutions 401(k) Merged Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$70M
Net Income$10M
Employer EIN611321992
Plan Effective Date1987-08-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Sypris Solutions, Inc.)

Sponsor-wide plan assets over time

All Sypris Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$70M 17.720739057153242% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59.9M $70.5M ▲ +17.7%
Year Plans Participants Total Assets
2022 1 213 $60M
2023 1 231 $70M
2024 1 288 $70M

Nearby 401(k) Plans in Kentucky

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

Sypris Solutions 401(k) Merged Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Sypris Solutions 401(k) Merged Retirement Savings Plan, Total assets ($B): 0.069678264 · Participants: 231Sypris Solutions 401(k) Merged Retirement Savings PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Sypris Solutions 401(k) Merged Retirement Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Sypris Solutions 401(k) Merged Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is The Emerson Group Retirement Plan in PA ($70M); by covered participants it is Teacher Synergy LLC 401(k) Plan in NY (231 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (231 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sypris Solutions 401(k) Merged Retirement Savings Plan assets move in 2023?
Sypris Solutions 401(k) Merged Retirement Savings Plan grew sharply - up 16.4% during 2023, from $60M to $70M. Reported net income was $10M.
How have Sypris Solutions, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sypris Solutions, Inc.'s sponsor-wide assets grew 17.7%, from $60M to $70M.
Where does Sypris Solutions 401(k) Merged Retirement Savings Plan rank by assets among Form 5500 filers?
Sypris Solutions 401(k) Merged Retirement Savings Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sypris Solutions 401(k) Merged Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Emerson Group Retirement Plan in PA ($70M, 233 participants).
Which 401(k) plans cover a similar participant headcount to Sypris Solutions 401(k) Merged Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Teacher Synergy LLC 401(k) Plan in NY (231 participants, N/A in assets).