401(k) · DOL Form 5500 · 2023

Technic, Inc. 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
308
Participants Below avg headcount
89th
Percentile by assets National rank
$227,501
Avg per participant Above avg balance/head
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Official DOL plan name: Technic, Inc. 401(k) Plan · Sponsored by Technic, Inc. · Rhode Island · Manufacturing

$70M in assets, 308 participants

Technic, Inc.'s Technic, Inc. 401(k) Plan reported $70M in total assets and 308 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,572 in Manufacturing (18,722 peers)

Coverage in Rhode Island

Technic, Inc. 401(k) Plan covers 308 participants in Rhode Island, about 21% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $70M.

#15,572
in Manufacturing (18,722 peers)
+17.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Technic, Inc. 401(k) Plan's outsized position by total assets

Technic, Inc. 401(k) Plan vs every filed plan by assets

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

$70,070,276 Top 11% higher than 89% 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

Technic, Inc. 401(k) 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. Technic, Inc. 401(k) Plan sits mid-pack in the medium band (308 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Technic, Inc. 401(k) Plan reported net income rose from -$13M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Technic, Inc. 401(k) Plan end-of-year assets rose from $60M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Technic, Inc. 401(k) Plan reported participants rose from 296 in the plan year 2022 filing to 308 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 050243761 · Technic, Inc. PY 2023 · 401(k)

Technic, Inc. 401(k) Plan · $70M · 308 · 89th

  • BOOK $70M
  • BOOK 308
  • BOOK 89th
  • BOOK 401(k)
  • BOOK near Curium US LLC 401(k) Plan
  • BOOK ind #15572

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 Rhode Island →

Technic, Inc. 401(k) Plan in the asset neighbourhood

Carelon Peo 401(k) Plan$70MTechnic, Inc. 401(k) Plan$70MCurium US LLC 401(k) Plan$70MBel Brands USA 401(k) and Profit Sharing PlanBel Brands USA 401(k) and Pr…$70MBay Family of Companies 401(k) PlanBay Family of Companies 401(…$70M
End-of-year total assets ($M) among Technic, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Rhode Island filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$70M
Net Income$10M
Employer EIN050243761
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Technic, Inc.)

Sponsor-wide plan assets over time

All Technic, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$73M 22.822964784677442% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59.8M $73.5M ▲ +22.8%
Year Plans Participants Total Assets
2022 1 296 $60M
2023 1 308 $70M
2024 1 311 $73M

Nearby 401(k) Plans in Rhode Island

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

Technic, Inc. 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Technic, Inc. 401(k) Plan, Total assets ($B): 0.070070276 · Participants: 308Technic, Inc. 401(k) PlanCVS Health Future Fund 401(k) Plan, Total assets ($B): 27.588812025 · Participants: 265760CVS Health Future Fund 401(k) PlanTextron Savings Plan, Total assets ($B): 5.714708993 · Participants: 26580Textron Savings PlanCfg Retirement Savings Plan, Total assets ($B): 2.930113664 · Participants: 19047Cfg Retirement Savings PlanUnfi 401(k) Plan, Total assets ($B): 2.65846631 · Participants: 25475Unfi 401(k) PlanFm Global 401(k) Savings Plan, Total assets ($B): 1.684102096 · Participants: 4295Fm Global 401(k) Savings Plan
Technic, Inc. 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants
Compare Technic, Inc. 401(k) Plan side-by-side with 3 peers →

Technic, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Rhode Island, the nearest 401(k) by assets is Curium US LLC 401(k) Plan in MO ($70M); by covered participants it is Kemberton Healthcare Services 401(k) Plan in TN (308 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (308 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 Technic, Inc. 401(k) Plan assets move in 2023? ▼
Technic, Inc. 401(k) Plan grew sharply - up 17.1% during 2023, from $60M to $70M. Reported net income was $10M.
How have Technic, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Technic, Inc.'s sponsor-wide assets grew 22.8%, from $60M to $73M.
Where does Technic, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Technic, Inc. 401(k) Plan ranks in the 89th 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 Technic, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Curium US LLC 401(k) Plan in MO ($70M, 513 participants).
Which 401(k) plans cover a similar participant headcount to Technic, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kemberton Healthcare Services 401(k) Plan in TN (308 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 050243761.

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.