401(k) · DOL Form 5500 · 2023

Teknor Apex Company 401(k) Plan

Data updated 2026-08-11

$243M
Total assets
1,858
Participants
95th
Percentile by assets
$130,967
Avg per participant
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Official DOL plan name: Teknor Savings Plus Plan · Sponsored by Teknor Apex Company · Rhode Island · Manufacturing

$243M in assets, 1,858 participants

Teknor Apex Company's Teknor Savings Plus Plan reported $243M in total assets and 1,858 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #17,386 in Manufacturing (18,722 peers)

Where Teknor Savings Plus Plan sits by assets

Teknor Savings Plus Plan sits in the top 5% of all filed plans by assets, $243M for 1,858 participants (~$130,967/participant), up 16.3% in 2023.

$243M
total plan assets (2023 EOY)
1,858
covered participants
95th
percentile by assets (of 127,072 plans)
$130,967
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teknor Savings Plus Plan reported net income rose from -$43M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Teknor Savings Plus Plan end-of-year assets rose from $209M in the plan year 2022 filing to $243M in the plan year 2023 filing.
  • Teknor Savings Plus Plan reported participants rose from 1,659 in the plan year 2022 filing to 1,858 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Teknor Savings Plus Plan vs the 2023 asset distribution

By assets, Teknor Savings Plus Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$209M
Net Assets (End of Year)$243M
Net Income$28M
Employer EIN050306609
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teknor Apex Company)

$400M$450M$500M$550M 202220232024 $442M $516M ▲ +16.8%
Total plan assets by year, all Teknor Apex Company plans on file
Year Plans Participants Total Assets
2022 2 2,586 $442M
2023 2 2,701 $478M
2024 2 2,435 $516M

Nearby 401(k) Plans in Rhode Island

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

Teknor Savings Plus Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Teknor Savings Plus Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Teknor Savings Plus …CVS Health Future Fu…Textron Savings PlanCfg Retirement Savin…Unfi 401(k) PlanFm Global 401(k) Sav…
Teknor Savings Plus Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Teknor Savings Plus Plan by total assets, not by location.

Frequently Asked Questions

How did Teknor Savings Plus Plan assets move in 2023?
Teknor Savings Plus Plan grew sharply - up 16.3% during 2023, from $209M to $243M. Reported net income was $28M.
How have Teknor Apex Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Teknor Apex Company's sponsor-wide assets grew 16.8%, from $442M to $516M.
Where does Teknor Savings Plus Plan rank by assets among Form 5500 filers?
Teknor Savings Plus Plan ranks in the 95th 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 Teknor Savings Plus Plan?
Among 401(k) plans in other states, the closest by assets is Evolent Health 401(k) Plan in VA ($243M, 2,615 participants).

Scale reading

Ways to act on Teknor Savings Plus Plan's numbers.