401(k) · DOL Form 5500 · 2023

Vermeer Corporation 401(k) Plan

Data updated 2026-08-11

$448M
Total assets
3,762
Participants
97th
Percentile by assets
$119,194
Avg per participant
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Official DOL plan name: Vermeer Corporation 401(k) Retirement Plan · Sponsored by Vermeer Corporation · Iowa · Manufacturing

$448M in assets, 3,762 participants

Vermeer Corporation's Vermeer Corporation 401(k) Retirement Plan reported $448M in total assets and 3,762 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)
  • #17,875 in Manufacturing (18,722 peers)

Coverage in Iowa

Vermeer Corporation 401(k) Retirement Plan covers 3,762 participants in Iowa, 6.2x the typical Iowa plan (state average ~609 per filing). Assets: $448M.

$448M
total plan assets (2023 EOY)
3,762
covered participants
97th
percentile by assets (of 127,072 plans)
$119,194
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Vermeer Corporation 401(k) Retirement Plan reported net income rose from -$69M in the plan year 2022 filing to $72M in the plan year 2023 filing.
  • Vermeer Corporation 401(k) Retirement Plan end-of-year assets rose from $376M in the plan year 2022 filing to $448M in the plan year 2023 filing.
  • Vermeer Corporation 401(k) Retirement Plan reported participants rose from 3,531 in the plan year 2022 filing to 3,762 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Vermeer Corporation 401(k) Retirement Plan reports 3,762 participants - 6.2x that state average ($448M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$376M
Net Assets (End of Year)$448M
Net Income$72M
Employer EIN420663191
Plan Effective Date1958-12-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Vermeer Corporation)

$350M$400M$450M$500M$550M 202220232024 $376M $499M ▲ +32.6%
Total plan assets by year, all Vermeer Corporation plans on file
Year Plans Participants Total Assets
2022 1 3,531 $376M
2023 1 3,762 $448M
2024 1 4,118 $499M

Nearby 401(k) Plans in Iowa

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

Vermeer Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Vermeer Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0200004000060000 012345 Total assets ($B) Participants Vermeer Corporation …The Principal Select…Iowa Health System S…The Hy-Vee and Affil…The Rsm US LLP Retir…Transamerica 401(k) …
Vermeer Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Vermeer Corporation 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Vermeer Corporation 401(k) Retirement Plan assets move in 2023?
Vermeer Corporation 401(k) Retirement Plan grew sharply - up 19.2% during 2023, from $376M to $448M. Reported net income was $72M.
How have Vermeer Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Vermeer Corporation's sponsor-wide assets grew 32.6%, from $376M to $499M.
Where does Vermeer Corporation 401(k) Retirement Plan rank by assets among Form 5500 filers?
Vermeer Corporation 401(k) Retirement 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 Vermeer Corporation 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Directv Retirement Savings Plan in CA ($449M, 9,506 participants).

Next read for Vermeer Corporation 401(k) Retirement Pl…

Filing takeaways

Ways to act on Vermeer Corporation 401(k) Retirement Plan's numbers.