401(k) · DOL Form 5500 · 2023
Musco Corporation 401(k) Plan
Data updated 2026-08-11
- $307M
- Total assets
- 1,325
- Participants
- 96th
- Percentile by assets
- $231,456
- Avg per participant
Official DOL plan name: Musco Profit Sharing and Employee Savings Plan · Sponsored by Musco Corporation · Iowa · Manufacturing
$307M in assets, 1,325 participants
Musco Corporation's Musco Profit Sharing and Employee Savings Plan reported $307M in total assets and 1,325 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #17,589 in Manufacturing (18,722 peers)
Coverage in Iowa
Musco Profit Sharing and Employee Savings Plan covers 1,325 participants in Iowa, 2.2x the typical Iowa plan (state average ~609 per filing). Assets: $307M.
- $307M
- total plan assets (2023 EOY)
- 1,325
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $231,456
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Musco Profit Sharing and Employee Savings Plan reported net income rose from -$55M in the plan year 2022 filing to $51M in the plan year 2023 filing.
- Musco Profit Sharing and Employee Savings Plan end-of-year assets rose from $256M in the plan year 2022 filing to $307M in the plan year 2023 filing.
- Musco Profit Sharing and Employee Savings Plan reported participants rose from 1,202 in the plan year 2022 filing to 1,325 in the plan year 2023 filing.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Musco Profit Sharing and Employee Savings Plan reports 1,325 participants - 2.2x that state average ($307M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $256M |
|---|---|
| Net Assets (End of Year) | $307M |
| Net Income | $51M |
| Employer EIN | 421107452 |
| Plan Effective Date | 1982-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Musco Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,202 | $256M |
| 2023 | 1 | 1,325 | $307M |
| 2024 | 1 | 1,425 | $344M |
Nearby 401(k) Plans in Iowa
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Musco Profit Sharing and Employee Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
- The Principal Select Savings Plan $4.1B · 12,827
- Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
- The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
- The Rsm US LLP Retirement Plan $2.9B · 14,720
- Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Musco Profit Sharing and Employee Savings Plan by total assets, not by location.
- Digital Insurance, LLC 401(k) Plan (GA) $307M · 3,169
- Encova Insurance 401(k) Plan (OH) $307M · 1,160
- South Central Minnesota Electrical Workers Retirement and 401(k) Plan (MN) $307M · 1,480
- Ecs Federal, LLC 401(k) Plan (VA) $307M · 3,438
Frequently Asked Questions
How did Musco Profit Sharing and Employee Savings Plan assets move in 2023? ▼
How have Musco Corporation plan assets changed over time? ▼
Where does Musco Profit Sharing and Employee Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Musco Profit Sharing and Employee Savings Plan? ▼
Next read for Musco Profit Sharing and Employee Saving…
Filing takeaways
Ways to act on Musco Profit Sharing and Employee Savings Plan's numbers.
- By total assets, Musco Profit Sharing and Employee Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
- Musco Corporation's sponsor-wide assets have grown 34.5% since 2022 across 3 plan years on file. More Manufacturing plans