401(k) · DOL Form 5500 · 2023

Hutchinson Technology Incorporated 401(k) Plan

Data updated 2026-08-25

$219M
Total assets Near avg plan size
502
Participants Below avg headcount
95th
Percentile by assets National rank
$435,621
Avg per participant High balance/head
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Official DOL plan name: Hutchinson Technology Incorporated 401(k) Plan · Sponsored by Hutchinson Technology Incorporated · Minnesota · Manufacturing

$219M in assets, 502 participants

Hutchinson Technology Incorporated's Hutchinson Technology Incorporated 401(k) Plan reported $219M in total assets and 502 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,273 in Manufacturing (18,722 peers)

Coverage in Minnesota

Hutchinson Technology Incorporated 401(k) Plan covers 502 participants in Minnesota, about 45% of the average Minnesota filer (state average ~1,126 per filing). Assets: $219M.

#17,273
in Manufacturing (18,722 peers)
+0.5%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Hutchinson Technology Incorporated 401(k) Plan's outsized position by total assets

Hutchinson Technology Incorporated 401(k) Plan vs every filed plan by assets

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

$218,681,700 Top 5% higher than 95% 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

Hutchinson Technology Incorporated 401(k) 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. Hutchinson Technology Incorporated 401(k) Plan sits mid-pack in the medium band (502 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hutchinson Technology Incorporated 401(k) Plan reported net income rose from -$67M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Hutchinson Technology Incorporated 401(k) Plan reported participants rose from 495 in the plan year 2022 filing to 502 in the plan year 2023 filing.
  • Hutchinson Technology Incorporated 401(k) Plan end-of-year assets rose from $218M in the plan year 2022 filing to $219M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410901840 · Hutchinson Technology Incorporated PY 2023 · 401(k)

Hutchinson Technology Incorporated 401(k) Plan · $219M · 502 · 95th

  • BOY $219M
  • BOY 502
  • BOY 95th
  • BOY 401(k)
  • BOY near Data Axle, Inc. Retirement Plan
  • BOY ind #17273

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 Minnesota →

Hutchinson Technology Incorporated 401(k) Plan in the asset neighbourhood

Data Axle, Inc. Retirement PlanData Axle, Inc. Retirement P…$219MHutchinson Technology Incorporated 401(k) PlanHutchinson Technology Incorp…$219MSprouts Farmers Markets Holdings, LLC Employee 401(k) Savings PlanSprouts Farmers Markets Hold…$219MKci Technologies, Inc 401(k) PlanKci Technologies, Inc 401(k)…$219MBank of Hope 401(k) Retirement PlanBank of Hope 401(k) Retireme…$219M
End-of-year total assets ($M) among Hutchinson Technology Incorporated 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$218M
Net Assets (End of Year)$219M
Net Income$1M
Employer EIN410901840
Plan Effective Date1987-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hutchinson Technology Incorporated)

Sponsor-wide plan assets over time

All Hutchinson Technology Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$207M 4.824043378637986% vs 2022
2024 filing year
$205M$210M$215M$220M 202220232024 $218M $207M ▼ -4.8%
Year Plans Participants Total Assets
2022 1 495 $218M
2023 1 502 $219M
2024 1 179 $207M

Nearby 401(k) Plans in Minnesota

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

Hutchinson Technology Incorporated 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Hutchinson Technology Incorporated 401(k) Plan, Total assets ($B): 0.2186817 · Participants: 502Hutchinson Technology Incorporated 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Hutchinson Technology Incorporated 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Hutchinson Technology Incorporated 401(k) Plan side-by-side with 3 peers →

Hutchinson Technology Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Data Axle, Inc. Retirement Plan in NE ($219M); by covered participants it is Mariani Nut Company Inc. 401(k) Profit Sharing Plan in CA (502 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($219M here).

Similar participant headcount

Nearest other-state filings by covered participants (502 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 Hutchinson Technology Incorporated 401(k) Plan assets move in 2023? ▼
Hutchinson Technology Incorporated 401(k) Plan held essentially flat - up 0.5% during 2023, from $218M to $219M. Reported net income was $1M.
How have Hutchinson Technology Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hutchinson Technology Incorporated's sponsor-wide assets declined 4.8%, from $218M to $207M.
Where does Hutchinson Technology Incorporated 401(k) Plan rank by assets among Form 5500 filers? ▼
Hutchinson Technology Incorporated 401(k) Plan ranks in the 95th 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 Hutchinson Technology Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Data Axle, Inc. Retirement Plan in NE ($219M, 1,139 participants).
Which 401(k) plans cover a similar participant headcount to Hutchinson Technology Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mariani Nut Company Inc. 401(k) Profit Sharing Plan in CA (502 participants, $25M 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 410901840.

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.