401(k) · DOL Form 5500 · 2023
Patrick Industries, Inc. 401(k) Plan
Data updated 2026-08-11
- $127M
- Total assets
- 9,544
- Participants
- 93rd
- Percentile by assets
- $13,315
- Avg per participant
Official DOL plan name: Patrick Industries, Inc. 401(k) Employee Savings Plan · Sponsored by Patrick Industries, Inc. · Indiana · Manufacturing
$127M in assets, 9,544 participants
Patrick Industries, Inc.'s Patrick Industries, Inc. 401(k) Employee Savings Plan reported $127M in total assets and 9,544 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 127,072 plans)
- #16,630 in Manufacturing (18,722 peers)
Coverage in Indiana
Patrick Industries, Inc. 401(k) Employee Savings Plan covers 9,544 participants in Indiana, 18x the typical Indiana plan (state average ~541 per filing). Assets: $127M.
- $127M
- total plan assets (2023 EOY)
- 9,544
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $13,315
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Patrick Industries, Inc. 401(k) Employee Savings Plan reported net income rose from $318K in the plan year 2022 filing to $32M in the plan year 2023 filing.
- Patrick Industries, Inc. 401(k) Employee Savings Plan end-of-year assets rose from $88M in the plan year 2022 filing to $127M in the plan year 2023 filing.
- Patrick Industries, Inc. 401(k) Employee Savings Plan reported participants rose from 8,854 in the plan year 2022 filing to 9,544 in the plan year 2023 filing.
Participants vs Indiana filers
In Indiana, the average filing covers about 541 participants across 2,302 plans. Patrick Industries, Inc. 401(k) Employee Savings Plan reports 9,544 participants - 18x that state average ($127M EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $88M |
|---|---|
| Net Assets (End of Year) | $127M |
| Net Income | $32M |
| Employer EIN | 351057796 |
| Plan Effective Date | 1987-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Patrick Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,854 | $88M |
| 2023 | 1 | 9,544 | $127M |
| 2024 | 1 | 8,541 | $157M |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Patrick Industries, Inc. 401(k) Employee Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
- The Lilly Employee 401(k) Plan $11.1B · 17,583
- Elevance Health 401(k) Plan $11.0B · 76,590
- Cummins Retirement and Savings Plan $5.7B · 28,381
- Iu Health 401(k) Savings Plan $3.9B · 38,575
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015
Scale composition for Patrick Industries, Inc. 401(k) Employee Savings Plan
Patrick Industries, Inc. 401(k) Employee Savings Plan reports $127M in end-of-year assets across 9,544 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $13,315 per participant (10% of the national average assets-per-participant) . Net income for plan year 2023 was $32M.
This plan identity (EIN 351057796, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $88M to $157M (+79.3%) while covered participants moved from 8,854 to 8,541 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,854 | $88M | Open filing |
| 2023 | 9,544 | $127M | This page |
| 2024 · index core | 8,541 | $157M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Patrick Industries, Inc. 401(k) Employee Savings Plan (401(k), $157M, 8,541 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Patrick Industries, Inc. 401(k) Employee Savings Plan by total assets, not by location.
- Schenck Process 401(k) Retirement Savings Plan (KS) $127M · 834
- Lloyds Bank Corporate Markets PLC 401(k) Plan (NY) $127M · 283
- Okland 401(k) Profit Sharing Plan (UT) $127M · 775
- Forest Lawn 401(k) Plan (CA) $127M · 1,079
Frequently Asked Questions
How did Patrick Industries, Inc. 401(k) Employee Savings Plan assets move in 2023? ▼
How have Patrick Industries, Inc. plan assets changed over time? ▼
Where does Patrick Industries, Inc. 401(k) Employee Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Patrick Industries, Inc. 401(k) Employee…
Filing takeaways
Ways to act on Patrick Industries, Inc. 401(k) Employee Savings Plan's numbers.
- By total assets, Patrick Industries, Inc. 401(k) Employee Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
- Patrick Industries, Inc.'s sponsor-wide assets have grown 79.3% since 2022 across 3 plan years on file. More Manufacturing plans