401(k) · DOL Form 5500 · 2023

Mestek, Inc. 401(k) Plan

Data updated 2026-08-11

$143M
Total assets
1,043
Participants
93rd
Percentile by assets
$136,667
Avg per participant
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Official DOL plan name: Mestek, Inc. 401(k) & Profit Sharing Plan · Sponsored by Mestek, Inc. · Massachusetts · Manufacturing

$143M in assets, 1,043 participants

Mestek, Inc.'s Mestek, Inc. 401(k) & Profit Sharing Plan reported $143M in total assets and 1,043 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,809 in Manufacturing (18,722 peers)

Where Mestek, Inc. 401(k) & Profit Sharing Plan sits by assets

Mestek, Inc. 401(k) & Profit Sharing Plan sits in the top 10% of all filed plans by assets, $143M for 1,043 participants (~$136,667/participant), up 8.4% in 2023.

$143M
total plan assets (2023 EOY)
1,043
covered participants
93rd
percentile by assets (of 127,072 plans)
$136,667
avg assets per participant

Where Mestek, Inc. 401(k) & Profit Sharing Plan sits by total assets

Mestek, Inc. 401(k) & Profit Sharing Plan vs every filed plan by assets

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

$142,543,390 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mestek, Inc. 401(k) & Profit Sharing Plan reported net income rose from -$17M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Mestek, Inc. 401(k) & Profit Sharing Plan reported participants rose from 885 in the plan year 2022 filing to 1,043 in the plan year 2023 filing.
  • Mestek, Inc. 401(k) & Profit Sharing Plan end-of-year assets rose from $132M in the plan year 2022 filing to $143M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Mestek, Inc. 401(k) & Profit Sharing Plan vs the 2023 asset distribution

By assets, Mestek, Inc. 401(k) & Profit Sharing Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$132M
Net Assets (End of Year)$143M
Net Income$11M
Employer EIN250661650
Plan Effective Date1988-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mestek, Inc.)

$140M$145M$150M$155M$160M$165M 202220232024 $145M $160M ▲ +10.3%
Total plan assets by year, all Mestek, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,251 $145M
2023 2 1,405 $155M
2024 2 1,161 $160M

Nearby 401(k) Plans in Massachusetts

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

Mestek, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Mestek, Inc. 401(k) …, Total assets ($B): 0.14254339 · Participants: 1043Mestek, Inc. 401(k) …Fidelity Retirement …, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Instit…Boston Scientific Co…, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Co…Philips North Americ…, Total assets ($B): 5.779286156 · Participants: 19120Philips North Americ…
Mestek, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Mestek, Inc. 401(k) & Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Mestek, Inc. 401(k) & Profit Sharing Plan assets move in 2023?
Mestek, Inc. 401(k) & Profit Sharing Plan grew at a solid clip - up 8.4% during 2023, from $132M to $143M. Reported net income was $11M.
How have Mestek, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mestek, Inc.'s sponsor-wide assets grew 10.3%, from $145M to $160M.
Where does Mestek, Inc. 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers?
Mestek, Inc. 401(k) & Profit Sharing Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Mestek, Inc. 401(k) & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Reladyne LLC 401(k) Plan in OH ($143M, 2,018 participants).

Next read for Mestek, Inc. 401(k) & Profit Sharing Pla…

Scale reading

Ways to act on Mestek, Inc. 401(k) & Profit Sharing Plan's numbers.