401(k) · DOL Form 5500 · 2023

Aspen Aerogels, Inc. 401(k) Plan

Data updated 2026-08-11

$33M
Total assets
507
Participants
81st
Percentile by assets
$65,843
Avg per participant
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Official DOL plan name: Aspen Aerogels, Inc. 401(k) Plan · Sponsored by Aspen Aerogels, Inc. · Massachusetts · Manufacturing

$33M in assets, 507 participants

Aspen Aerogels, Inc.'s Aspen Aerogels, Inc. 401(k) Plan reported $33M in total assets and 507 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 127,072 plans)
  • #13,640 in Manufacturing (18,722 peers)

Where Aspen Aerogels, Inc. 401(k) Plan sits by assets

Aspen Aerogels, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $33M for 507 participants (~$65,843/participant), up 36.6% in 2023.

$33M
total plan assets (2023 EOY)
507
covered participants
81st
percentile by assets (of 127,072 plans)
$65,843
avg assets per participant

Where Aspen Aerogels, Inc. 401(k) Plan sits by total assets

Aspen Aerogels, Inc. 401(k) Plan vs every filed plan by assets

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

$33,382,488 Top 19% higher than 81% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aspen Aerogels, Inc. 401(k) Plan reported net income rose from $104K in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Aspen Aerogels, Inc. 401(k) Plan end-of-year assets rose from $24M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Aspen Aerogels, Inc. 401(k) Plan reported participants rose from 397 in the plan year 2022 filing to 507 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Massachusetts
Industry
Manufacturing

Aspen Aerogels, Inc. 401(k) Plan vs the 2023 asset distribution

By assets, Aspen Aerogels, Inc. 401(k) Plan outranks 81% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$33M
Net Income$9M
Employer EIN043559972
Plan Effective Date2005-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aspen Aerogels, Inc.)

$20M$25M$30M$35M$40M$45M 202220232024 $24.4M $40.7M ▲ +66.6%
Total plan assets by year, all Aspen Aerogels, Inc. plans on file
Year Plans Participants Total Assets
2022 1 397 $24M
2023 1 507 $33M
2024 1 517 $41M

Nearby 401(k) Plans in Massachusetts

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

Aspen Aerogels, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Aspen Aerogels, Inc.…, Total assets ($B): 0.033382488 · Participants: 507Aspen Aerogels, Inc.…Fidelity Retirement …, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Instit…Boston Scientific Co…, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Co…Philips North Americ…, Total assets ($B): 5.779286156 · Participants: 19120Philips North Americ…
Aspen Aerogels, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Aspen Aerogels, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Aspen Aerogels, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Aspen Aerogels, Inc. 401(k) Plan assets move in 2023? ▼
Aspen Aerogels, Inc. 401(k) Plan surged - up 36.6% during 2023, from $24M to $33M. Reported net income was $9M.
How have Aspen Aerogels, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Aspen Aerogels, Inc.'s sponsor-wide assets grew 66.5%, from $24M to $41M.
Where does Aspen Aerogels, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Aspen Aerogels, Inc. 401(k) Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Aspen Aerogels, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kent Companies, Inc. Profit Sharing and 401(k) Savings Plan in MI ($33M, 1,436 participants).

Next read for Aspen Aerogels, Inc. 401(k) Plan

Scale reading

Ways to act on Aspen Aerogels, Inc. 401(k) Plan's numbers.

  • By total assets, Aspen Aerogels, Inc. 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Aspen Aerogels, Inc.'s sponsor-wide assets have grown 66.5% 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 043559972.

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.