401(k) · DOL Form 5500 · 2023

Kone Inc. 401(k) Plan

Data updated 2026-08-11

$420M
Total assets
1,846
Participants
97th
Percentile by assets
$227,632
Avg per participant
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Official DOL plan name: Kone Inc. Employee Savings Plan · Sponsored by Kone Inc. · Illinois · Manufacturing

$420M in assets, 1,846 participants

Kone Inc.'s Kone Inc. Employee Savings Plan reported $420M in total assets and 1,846 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,828 in Manufacturing (18,722 peers)

Coverage in Illinois

Kone Inc. Employee Savings Plan covers 1,846 participants in Illinois, 2.4x the typical Illinois plan (state average ~779 per filing). Assets: $420M.

$420M
total plan assets (2023 EOY)
1,846
covered participants
97th
percentile by assets (of 127,072 plans)
$227,632
avg assets per participant

Where Kone Inc. Employee Savings Plan sits by total assets

Kone Inc. Employee Savings Plan vs every filed plan by assets

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

$420,208,715 Top 3% higher than 97% 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

  • Kone Inc. Employee Savings Plan reported net income rose from -$76M in the plan year 2022 filing to $49M in the plan year 2023 filing.
  • Kone Inc. Employee Savings Plan end-of-year assets rose from $372M in the plan year 2022 filing to $420M in the plan year 2023 filing.
  • Kone Inc. Employee Savings Plan reported participants rose from 1,797 in the plan year 2022 filing to 1,846 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Illinois
Industry
Manufacturing

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Kone Inc. Employee Savings Plan reports 1,846 participants - 2.4x that state average ($420M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$372M
Net Assets (End of Year)$420M
Net Income$49M
Employer EIN362357423
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kone Inc.)

$500M$550M$600M$650M 202220232024 $530M $634M ▲ +19.5%
Total plan assets by year, all Kone Inc. plans on file
Year Plans Participants Total Assets
2022 2 3,405 $530M
2023 2 3,539 $588M
2024 2 3,551 $634M

Nearby 401(k) Plans in Illinois

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

Kone Inc. Employee Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Kone Inc. Employee S…, Total assets ($B): 0.420208715 · Participants: 1846Kone Inc. Employee S…Accenture United Sta…, Total assets ($B): 17.594548115 · Participants: 69974Accenture United Sta…State Farm 401(k) Sa…, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Sa…Abbott Laboratories …, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories …United Airlines Pilo…, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilo…Walgreens Retirement…, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement…
Kone Inc. Employee Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Kone Inc. Employee Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kone Inc. Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Kone Inc. Employee Savings Plan assets move in 2023? ▼
Kone Inc. Employee Savings Plan grew at a solid clip - up 13.1% during 2023, from $372M to $420M. Reported net income was $49M.
How have Kone Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kone Inc.'s sponsor-wide assets grew 19.5%, from $530M to $634M.
Where does Kone Inc. Employee Savings Plan rank by assets among Form 5500 filers? ▼
Kone Inc. Employee Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Kone Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Cooper Companies, Inc. 401(k) Savings Plan in CA ($420M, 3,703 participants).

Next read for Kone Inc. Employee Savings Plan

Filing takeaways

Ways to act on Kone Inc. Employee Savings Plan's numbers.

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 362357423.

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.