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
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
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.
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 EIN | 250661650 |
| Plan Effective Date | 1988-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mestek, Inc.)
| 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.
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
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.
- Reladyne LLC 401(k) Plan (OH) $143M · 2,018
- Carter-Jones Companies 401(k) Retirement Plan (OH) $143M · 3,709
- Georg Fischer Savings Tax-Advantaged Retirement Plan (CA) $143M · 1,271
- Quanex Building Products Salaried and Nonunion Employee 401 (K) Plan (TX) $142M · 2,122
Frequently Asked Questions
How did Mestek, Inc. 401(k) & Profit Sharing Plan assets move in 2023? ▼
How have Mestek, Inc. plan assets changed over time? ▼
Where does Mestek, Inc. 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Mestek, Inc. 401(k) & Profit Sharing Plan? ▼
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.
- By total assets, Mestek, Inc. 401(k) & Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Mestek, Inc.'s sponsor-wide assets have grown 10.3% since 2022 across 3 plan years on file. More Manufacturing plans