401(k) · DOL Form 5500 · 2023

Hermetic Switch, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
144
Participants Small participant base
35th
Percentile by assets National rank
$20,382
Avg per participant Low balance/head
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Official DOL plan name: Hermetic Switch Savings Incentive Plan · Sponsored by Hermetic Switch, Inc. · Oklahoma · Manufacturing

$3M in assets, 144 participants

Hermetic Switch, Inc.'s Hermetic Switch Savings Incentive Plan reported $3M in total assets and 144 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,550 in Manufacturing (18,722 peers)

Coverage in Oklahoma

Hermetic Switch Savings Incentive Plan covers 144 participants in Oklahoma, about 19% of the average Oklahoma filer (state average ~760 per filing). Assets: $3M.

#3,550
in Manufacturing (18,722 peers)
+24.8%
assets growth YoY

Hermetic Switch Savings Incentive Plan's mid-pack asset rank among Manufacturing and all filers

Hermetic Switch Savings Incentive Plan vs every filed plan by assets

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

$2,935,030 35th percentile higher than 35% 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

Hermetic Switch Savings Incentive 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. Hermetic Switch Savings Incentive Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hermetic Switch Savings Incentive Plan reported net income rose from -$395K in the plan year 2022 filing to $584K in the plan year 2023 filing.
  • Hermetic Switch Savings Incentive Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Hermetic Switch Savings Incentive Plan reported participants rose from 129 in the plan year 2022 filing to 144 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 730773942 · Hermetic Switch, Inc. PY 2023 · 401(k)

Hermetic Switch Savings Incentive Plan · $3M · 144 · 35th

  • PART $3M
  • PART 144
  • PART 35th
  • PART 401(k)
  • PART near Epic Fitness Group Retirement Plan
  • PART ind #3550

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 Oklahoma →

Hermetic Switch Savings Incentive Plan in the asset neighbourhood

Hermetic Switch Savings Incentive PlanHermetic Switch Savings Ince…$3MEpic Fitness Group Retirement PlanEpic Fitness Group Retiremen…$3MToolmex Industrial Solutions, Inc. 401(k) Profit Sharing Plan and TrustToolmex Industrial Solutions…$3MCo-Op 401(k) Plan$3MUda Technologies 401(k) Plan$3M
End-of-year total assets ($M) among Hermetic Switch Savings Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$584K
Employer EIN730773942
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hermetic Switch, Inc.)

Sponsor-wide plan assets over time

All Hermetic Switch, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 16.233450146238976% vs 2022
2024 filing year
$18M$19M$20M$21M$22M 202220232024 $18.4M $21.4M ▲ +16.3%
Year Plans Participants Total Assets
2022 2 256 $18M
2023 2 285 $20M
2024 2 305 $21M

Nearby 401(k) Plans in Oklahoma

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

Hermetic Switch Savings Incentive Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Hermetic Switch Savings Incentive Plan, Total assets ($B): 0.00293503 · Participants: 144Hermetic Switch Savings Incentive PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.212452319 · Participants: 11746Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.681202476 · Participants: 5041The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.156591 · Participants: 2965Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.048169756 · Participants: 4766Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.932957189 · Participants: 1858Devon Energy Corporation Incentive Savings Plan
Hermetic Switch Savings Incentive Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants
Compare Hermetic Switch Savings Incentive Plan side-by-side with 3 peers →

Hermetic Switch Savings Incentive Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Epic Fitness Group Retirement Plan in MI ($3M); by covered participants it is Eagle Granite 401(k) Plan in GA (144 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Hermetic Switch Savings Incentive Plan assets move in 2023? ▼
Hermetic Switch Savings Incentive Plan grew sharply - up 24.8% during 2023, from $2M to $3M. Reported net income was $584K.
How have Hermetic Switch, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hermetic Switch, Inc.'s sponsor-wide assets grew 16.2%, from $18M to $21M.
Which 401(k) plans are similar in size to Hermetic Switch Savings Incentive Plan? ▼
Among 401(k) plans in other states, the closest by assets is Epic Fitness Group Retirement Plan in MI ($3M, 557 participants).
Which 401(k) plans cover a similar participant headcount to Hermetic Switch Savings Incentive Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eagle Granite 401(k) Plan in GA (144 participants, N/A 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 730773942.

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.