Profit Sharing · DOL Form 5500 · 2023

Itron, Inc. Profit Sharing Plan

Data updated 2026-08-11

$576M
Total assets: 2,440
Participants: 98th
Percentile by assets: $235,940
Avg per participant

Official DOL plan name: Itron, Inc. Incentive Savings Plan · Sponsored by Itron, Inc. · Washington · Manufacturing

$576M in assets, 2,440 participants

Itron, Inc.'s Itron, Inc. Incentive Savings Plan reported $576M in total assets and 2,440 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 127,072 plans)
#18,019 in Manufacturing (18,722 peers)

Where Itron, Inc. Incentive Savings Plan sits by assets

Itron, Inc. Incentive Savings Plan sits in the top 5% of all filed plans by assets, $576M for 2,440 participants (~$235,940/participant), up 16.6% in 2023.

$576M
total plan assets (2023 EOY): 2,440
covered participants: 98th
percentile by assets (of 127,072 plans): $235,940
avg assets per participant

Itron, Inc. Incentive Savings Plan reported net income rose from -$108M in the plan year 2022 filing to $82M in the plan year 2023 filing.
Itron, Inc. Incentive Savings Plan end-of-year assets rose from $494M in the plan year 2022 filing to $576M in the plan year 2023 filing.
Itron, Inc. Incentive Savings Plan reported participants fell from 2,596 in the plan year 2022 filing to 2,440 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Washington

Industry

Manufacturing

Itron, Inc. Incentive Savings Plan vs the 2023 asset distribution

By assets, Itron, Inc. Incentive Savings Plan outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$494M
Net Assets (End of Year)	$576M
Net Income	$82M
Employer EIN	911011792
Plan Effective Date	1985-03-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Itron, Inc.)

Total plan assets by year, all Itron, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	2,596	$494M
2023	1	2,440	$576M
2024	1	2,593	$651M

Nearby Profit Sharing Plans in Washington

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Itron, Inc. Incentive Savings Plan vs. nearby Profit Sharing plans in Washington, assets vs. participants

Bill & Melinda Gates Foundation Sharing Retirement Plan $579M · 1,735
Multicare Health System Retirement Account Plan $478M · 11,441
SEIU 775 Secure Retirement Plan $384M · 70,796
Western Washington Painters Defined Contribution Pension Plan $259M · 1,660
Peacehealth Southwest Medical Center Employer Contribution Plan $207M · 3,300

Compare Itron, Inc. Incentive Savings Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Itron, Inc. Incentive Savings Plan by total assets, not by location.

Sheet Metal Workers Local Union No. 28 Annuity Fund (NY) $571M · 3,817
Profit Sharing Retirement Plan for Divisions and Subsidiaries of Emerson Electric Co. (MO) $585M · 3,940
Construction Industry Retirement Fund of Rockford (MI) $564M · 10,685
University of Maryland Medical System 403(b) Retirement Savings Plan (MD) $559M · 20,496

Frequently Asked Questions

How did Itron, Inc. Incentive Savings Plan assets move in 2023? ▼

Itron, Inc. Incentive Savings Plan grew sharply - up 16.6% during 2023, from $494M to $576M. Reported net income was $82M.

How have Itron, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Itron, Inc.'s sponsor-wide assets grew 31.8%, from $494M to $651M.

Where does Itron, Inc. Incentive Savings Plan rank by assets among Form 5500 filers? ▼

Itron, Inc. Incentive Savings Plan ranks in the 98th 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 Profit Sharing plans are similar in size to Itron, Inc. Incentive Savings Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Sheet Metal Workers Local Union No. 28 Annuity Fund in NY ($571M, 3,817 participants).

Next read for Itron, Inc. Incentive Savings Plan

Scale reading

Ways to act on Itron, Inc. Incentive Savings Plan's numbers.

By total assets, Itron, Inc. Incentive 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 Profit Sharing plans in Washington. Compare plans
Itron, Inc.'s sponsor-wide assets have grown 31.8% since 2022 across 3 plan years on file. More Manufacturing plans

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 911011792.