401(k) · DOL Form 5500 · 2023

Independent Can Company 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
434
Participants Below avg headcount
83rd
Percentile by assets National rank
$93,106
Avg per participant Below avg balance/head
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Official DOL plan name: Independent Can Company Retirement Plan · Sponsored by Independent Can Company · Maryland · Manufacturing

$40M in assets, 434 participants

Independent Can Company's Independent Can Company Retirement Plan reported $40M in total assets and 434 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,247 in Manufacturing (18,722 peers)

Coverage in Maryland

Independent Can Company Retirement Plan covers 434 participants in Maryland, about 47% of the average Maryland filer (state average ~929 per filing). Assets: $40M.

#14,247
in Manufacturing (18,722 peers)
+10.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Independent Can Company Retirement Plan's outsized position by total assets

Independent Can Company Retirement Plan vs every filed plan by assets

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

$40,407,916 Top 17% higher than 83% 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

Independent Can Company Retirement 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. Independent Can Company Retirement Plan sits mid-pack in the medium band (434 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Independent Can Company Retirement Plan reported net income rose from -$8M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Independent Can Company Retirement Plan end-of-year assets rose from $37M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Independent Can Company Retirement Plan reported participants rose from 406 in the plan year 2022 filing to 434 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 520902777 · Independent Can Company PY 2023 · 401(k)

Independent Can Company Retirement Plan · $40M · 434 · 83rd

  • BOY $40M
  • SCH 434
  • EBSA 83rd
  • PART 401(k)
  • TYPE near Imagine360 Administrators 401(k) Plan
  • NET ind #14247

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 Maryland →

Independent Can Company Retirement Plan in the asset neighbourhood

Independent Can Company Retirement PlanIndependent Can Company Reti…$40MImagine360 Administrators 401(k) PlanImagine360 Administrators 40…$40MXr Trading LLC 401(k) Plan$40MEmpire Merchants North Sales Union 401(k) PlanEmpire Merchants North Sales…$40MOlson Kundig 401(k) Profit Sharing Plan & TrustOlson Kundig 401(k) Profit S…$40M
End-of-year total assets ($M) among Independent Can Company Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$40M
Net Income$4M
Employer EIN520902777
Plan Effective Date1970-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Can Company)

Sponsor-wide plan assets over time

All Independent Can Company plans reported in each filing year

Latest sponsor-wide plan assets
$40M 9.936699370312517% vs 2022
2024 filing year
$36M$38M$40M$42M 202220232024 $36.5M $40.2M ▲ +9.9%
Year Plans Participants Total Assets
2022 1 406 $37M
2023 1 434 $40M
2024 1 385 $40M

Nearby 401(k) Plans in Maryland

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

Independent Can Company Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Independent Can Company Retirement Plan, Total assets ($B): 0.040407916 · Participants: 434Independent Can Company Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Independent Can Company Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Independent Can Company Retirement Plan side-by-side with 3 peers →

Independent Can Company Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Imagine360 Administrators 401(k) Plan in MT ($40M); by covered participants it is Prime Ae Group, Inc. 401(k) Plan in OH (434 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (434 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 Independent Can Company Retirement Plan assets move in 2023? ▼
Independent Can Company Retirement Plan grew at a solid clip - up 10.6% during 2023, from $37M to $40M. Reported net income was $4M.
How have Independent Can Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independent Can Company's sponsor-wide assets grew 9.9%, from $37M to $40M.
Where does Independent Can Company Retirement Plan rank by assets among Form 5500 filers? ▼
Independent Can Company Retirement Plan ranks in the 83rd 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 Independent Can Company Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Imagine360 Administrators 401(k) Plan in MT ($40M, 346 participants).
Which 401(k) plans cover a similar participant headcount to Independent Can Company Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Prime Ae Group, Inc. 401(k) Plan in OH (434 participants, $38M in assets).

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 520902777.

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.