401(k) · DOL Form 5500 · 2023
Astec Industries, Inc. 401(k) Plan
Data updated 2026-08-11
- $318M
- Total assets
- 3,445
- Participants
- 96th
- Percentile by assets
- $92,276
- Avg per participant
Official DOL plan name: Astec Industries, Inc. 401(k) Retirement Plan · Sponsored by Astec Industries, Inc. · Tennessee · Manufacturing
$318M in assets, 3,445 participants
Astec Industries, Inc.'s Astec Industries, Inc. 401(k) Retirement Plan reported $318M in total assets and 3,445 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #17,616 in Manufacturing (18,722 peers)
Coverage in Tennessee
Astec Industries, Inc. 401(k) Retirement Plan covers 3,445 participants in Tennessee, 3.1x the typical Tennessee plan (state average ~1,126 per filing). Assets: $318M.
- $318M
- total plan assets (2023 EOY)
- 3,445
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $92,276
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Astec Industries, Inc. 401(k) Retirement Plan reported net income rose from -$46M in the plan year 2022 filing to $39M in the plan year 2023 filing.
- Astec Industries, Inc. 401(k) Retirement Plan end-of-year assets rose from $278M in the plan year 2022 filing to $318M in the plan year 2023 filing.
- Astec Industries, Inc. 401(k) Retirement Plan reported participants rose from 3,093 in the plan year 2022 filing to 3,445 in the plan year 2023 filing.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Astec Industries, Inc. 401(k) Retirement Plan reports 3,445 participants - 3.1x that state average ($318M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $278M |
|---|---|
| Net Assets (End of Year) | $318M |
| Net Income | $39M |
| Employer EIN | 620873631 |
| Plan Effective Date | 1987-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Astec Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,093 | $278M |
| 2023 | 1 | 3,445 | $318M |
| 2024 | 1 | 3,459 | $350M |
Nearby 401(k) Plans in Tennessee
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Astec Industries, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
- Fedex Corporation Retirement Savings Plan $23.9B · 127,010
- Hca 401(k) Plan $21.5B · 291,649
- Federal Express Corporation Pilots Retirement Savings Plan $4.7B · 5,728
- International Paper Company Salaried Savings Plan $4.6B · 12,153
- Chs/Community Health Systems, Inc. Retirement Savings Plan $4.5B · 62,487
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Astec Industries, Inc. 401(k) Retirement Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Astec Industries, Inc. 401(k) Retirement Plan's numbers.
- By total assets, Astec Industries, Inc. 401(k) Retirement 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 Tennessee. Compare plans
- Astec Industries, Inc.'s sponsor-wide assets have grown 25.7% since 2022 across 3 plan years on file. More Manufacturing plans