401(k) · DOL Form 5500 · 2023

Schindler Elevator Corporation 401(k) Plan

Data updated 2026-08-11

$465M
Total assets
2,339
Participants
97th
Percentile by assets
$198,949
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Schindler Elevator Corporation Savings and Investment Plan · Sponsored by Schindler Elevator Corporation · New Jersey · Manufacturing

$465M in assets, 2,339 participants

Schindler Elevator Corporation's Schindler Elevator Corporation Savings and Investment Plan reported $465M in total assets and 2,339 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,897 in Manufacturing (18,722 peers)

Coverage in New Jersey

Schindler Elevator Corporation Savings and Investment Plan covers 2,339 participants in New Jersey, 2.8x the typical New Jersey plan (state average ~844 per filing). Assets: $465M.

$465M
total plan assets (2023 EOY)
2,339
covered participants
97th
percentile by assets (of 127,072 plans)
$198,949
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Schindler Elevator Corporation Savings and Investment Plan reported net income rose from -$116M in the plan year 2022 filing to $94M in the plan year 2023 filing.
  • Schindler Elevator Corporation Savings and Investment Plan end-of-year assets rose from $372M in the plan year 2022 filing to $465M in the plan year 2023 filing.
  • Schindler Elevator Corporation Savings and Investment Plan reported participants rose from 2,312 in the plan year 2022 filing to 2,339 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
New Jersey
Industry
Manufacturing

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Schindler Elevator Corporation Savings and Investment Plan reports 2,339 participants - 2.8x that state average ($465M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$372M
Net Assets (End of Year)$465M
Net Income$94M
Employer EIN341270056
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schindler Elevator Corporation)

$450M$500M$550M$600M$650M$700M 202220232024 $504M $639M ▲ +26.8%
Total plan assets by year, all Schindler Elevator Corporation plans on file
Year Plans Participants Total Assets
2022 4 2,612 $504M
2023 3 2,590 $591M
2024 3 2,493 $639M

Nearby 401(k) Plans in New Jersey

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

Schindler Elevator Corporation Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Schindler Elevator Corporation Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Schindler Elevator C…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Schindler Elevator Corporation Savings and Investment Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Schindler Elevator Corporation Savings a… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Schindler Elevator Corporation Savings and Investment Plan assets move in 2023? ▼
Schindler Elevator Corporation Savings and Investment Plan grew sharply - up 25.2% during 2023, from $372M to $465M. Reported net income was $94M.
How have Schindler Elevator Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schindler Elevator Corporation's sponsor-wide assets grew 26.8%, from $504M to $639M.
Where does Schindler Elevator Corporation Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Schindler Elevator Corporation Savings and Investment Plan ranks in the 97th 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 Schindler Elevator Corporation Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Srs Distribution Inc. 401(k) Plan in TX ($465M, 9,305 participants).

Next read for Schindler Elevator Corporation Savings a…

Filing takeaways

Ways to act on Schindler Elevator Corporation Savings and Investment Plan's numbers.

  • By total assets, Schindler Elevator Corporation Savings and Investment 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 New Jersey. Compare plans
  • Schindler Elevator Corporation's sponsor-wide assets have grown 26.8% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341270056.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.