401(k) · DOL Form 5500 · 2023

Herrick Technology Laboratories, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
151
Participants Small participant base
77th
Percentile by assets National rank
$174,857
Avg per participant Above avg balance/head
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Official DOL plan name: Herrick Technology Laboratories Retirement Plan · Sponsored by Herrick Technology Laboratories, Inc. · Maryland · Professional & Technical Services

$26M in assets, 151 participants

Herrick Technology Laboratories, Inc.'s Herrick Technology Laboratories Retirement Plan reported $26M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #15,791 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

Herrick Technology Laboratories Retirement Plan covers 151 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $26M.

#15,791
in Professional & Technical Services (20,321 peers)
+22.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Herrick Technology Laboratories Retirement Plan's outsized position by total assets

Herrick Technology Laboratories Retirement Plan vs every filed plan by assets

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

$26,403,368 Top 23% higher than 77% 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

Herrick Technology Laboratories Retirement 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. Herrick Technology Laboratories Retirement Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Herrick Technology Laboratories Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Herrick Technology Laboratories Retirement Plan reported participants fell from 207 in the plan year 2022 filing to 151 in the plan year 2023 filing.
  • Herrick Technology Laboratories Retirement Plan end-of-year assets rose from $22M in the plan year 2022 filing to $26M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 020521008 · Herrick Technology Laboratories, Inc. PY 2023 · 401(k)

Herrick Technology Laboratories Retirement Plan · $26M · 151 · 77th

  • BOY $26M
  • BOY 151
  • BOY 77th
  • BOY 401(k)
  • BOY near Connecticut Business and Industry Association, Inc. 401(k) Plan
  • BOY ind #15791

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 Professional & Technical Services retirement plans → · Plans in Maryland →

Herrick Technology Laboratories Retirement Plan in the asset neighbourhood

Herrick Technology Laboratories Retirement PlanHerrick Technology Laborator…$26MConnecticut Business and Industry Association, Inc. 401(k) PlanConnecticut Business and Ind…$26MAbcm Corporation 401(k) Profit Sharing PlanAbcm Corporation 401(k) Prof…$26MK&n Engineering, Inc. 401(k) PlanK&n Engineering, Inc. 401(k)…$26MBay Psychiatric Associates 401(k) Ps PlanBay Psychiatric Associates 4…$26M
End-of-year total assets ($M) among Herrick Technology Laboratories Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN020521008
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herrick Technology Laboratories, Inc.)

Sponsor-wide plan assets over time

All Herrick Technology Laboratories, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 38.887009124803015% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.6M $30M ▲ +38.9%
Year Plans Participants Total Assets
2022 1 207 $22M
2023 1 151 $26M
2024 1 121 $30M

Nearby 401(k) Plans in Maryland

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

Herrick Technology Laboratories Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Herrick Technology Laboratories Retirement Plan, Total assets ($B): 0.026403368 · Participants: 151Herrick Technology Laboratories Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Herrick Technology Laboratories Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Herrick Technology Laboratories Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Connecticut Business and Industry Association, Inc. 401(k) Plan in CT ($26M); by covered participants it is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Herrick Technology Laboratories Retirement Plan assets move in 2023?
Herrick Technology Laboratories Retirement Plan grew sharply - up 22.4% during 2023, from $22M to $26M. Reported net income was $5M.
How have Herrick Technology Laboratories, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Herrick Technology Laboratories, Inc.'s sponsor-wide assets grew 38.9%, from $22M to $30M.
Where does Herrick Technology Laboratories Retirement Plan rank by assets among Form 5500 filers?
Herrick Technology Laboratories Retirement Plan ranks in the 77th 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 Herrick Technology Laboratories Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Connecticut Business and Industry Association, Inc. 401(k) Plan in CT ($26M, 82 participants).
Which 401(k) plans cover a similar participant headcount to Herrick Technology Laboratories Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants, $8M in assets).