401(k) · DOL Form 5500 · 2023

Kadant Inc. 401(k) Plan

Data updated 2026-08-25

$177M
Total assets Near avg plan size
1,026
Participants Near avg headcount
94th
Percentile by assets National rank
$172,975
Avg per participant Above avg balance/head
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Official DOL plan name: The Kadant Inc. 401(k) Retirement Savings Plan · Sponsored by Kadant Inc. · Massachusetts · Manufacturing

$177M in assets, 1,026 participants

Kadant Inc.'s The Kadant Inc. 401(k) Retirement Savings Plan reported $177M in total assets and 1,026 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #17,070 in Manufacturing (18,722 peers)

Where The Kadant Inc. 401(k) Retirement Savings Plan sits by assets

The Kadant Inc. 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $177M for 1,026 participants (~$172,975/participant), up 15.9% in 2023.

#17,070
in Manufacturing (18,722 peers)
+15.9%
assets growth YoY
1.8×
vs typical plan assets (national mean)

The Kadant Inc. 401(k) Retirement Savings Plan's outsized position by total assets

The Kadant Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$177,472,738 Top 6% higher than 94% 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

The Kadant Inc. 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Kadant Inc. 401(k) Retirement Savings Plan lands in the large band (1,026 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Kadant Inc. 401(k) Retirement Savings Plan reported net income rose from -$38M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • The Kadant Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $153M in the plan year 2022 filing to $177M in the plan year 2023 filing.
  • The Kadant Inc. 401(k) Retirement Savings Plan reported participants rose from 960 in the plan year 2022 filing to 1,026 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 521762325 · Kadant Inc. PY 2023 · 401(k)

The Kadant Inc. 401(k) Retirement Savings Plan · $177M · 1,026 · 94th

  • 5500 $177M
  • 5500 1,026
  • 5500 94th
  • 5500 401(k)
  • 5500 near Agfa Healthcare Corporation Employee Savings Plan
  • 5500 ind #17070

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 Manufacturing retirement plans → · Plans in Massachusetts →

The Kadant Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Electronic Theatre Controls, Inc. 401(k) Retirement PlanElectronic Theatre Controls,…$177MThe Kadant Inc. 401(k) Retirement Savings PlanThe Kadant Inc. 401(k) Retir…$177MAgfa Healthcare Corporation Employee Savings PlanAgfa Healthcare Corporation …$177MDuquesne Light Company 401(k) Retirement Savings Plan for IBEW Represented EmployeesDuquesne Light Company 401(k…$177MLegal & General America, Inc. Savings PlanLegal & General America, Inc…$177M
End-of-year total assets ($M) among The Kadant Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$153M
Net Assets (End of Year)$177M
Net Income$24M
Employer EIN521762325
Plan Effective Date2000-11-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Kadant Inc.)

Sponsor-wide plan assets over time

All Kadant Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$208M 35.593704637616526% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $153M $208M ▲ +35.6%
Year Plans Participants Total Assets
2022 1 960 $153M
2023 1 1,026 $177M
2024 1 1,047 $208M

Nearby 401(k) Plans in Massachusetts

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

The Kadant Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants The Kadant Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.177472738 · Participants: 1026The Kadant Inc. 401(k) Retirement Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
The Kadant Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare The Kadant Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

The Kadant Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Agfa Healthcare Corporation Employee Savings Plan in NJ ($177M); by covered participants it is Gettel Automotive, Inc. 401(k) Plan in FL (1,026 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,026 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 The Kadant Inc. 401(k) Retirement Savings Plan assets move in 2023? ▼
The Kadant Inc. 401(k) Retirement Savings Plan grew sharply - up 15.9% during 2023, from $153M to $177M. Reported net income was $24M.
How have Kadant Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kadant Inc.'s sponsor-wide assets grew 35.6%, from $153M to $208M.
Where does The Kadant Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
The Kadant Inc. 401(k) Retirement Savings Plan ranks in the 94th 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 The Kadant Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Agfa Healthcare Corporation Employee Savings Plan in NJ ($177M, 260 participants).
Which 401(k) plans cover a similar participant headcount to The Kadant Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gettel Automotive, Inc. 401(k) Plan in FL (1,026 participants, $36M in assets).

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 521762325.

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.