401(k)
2023 plan-year 401(k) DOL Form 5500

Aspen Aerogels, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Aspen Aerogels, Inc. · Massachusetts · Manufacturing

What the 2023 filing shows

Aspen Aerogels, Inc. 401(k) Plan holds $33M for 507 participants — about $65,843 per participant, up 36.6% over the 2023 plan year.

$33M
total plan assets (2023 EOY)
507
covered participants
$65,843
avg assets per participant
+36.6%
assets growth YoY
Total Assets (2023)
$33M
Participants
507
Industry
Manufacturing

What the Filing Says About Aspen Aerogels, Inc. 401(k) Plan

Aspen Aerogels, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Aspen Aerogels, Inc., headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $33M in total end-of-year assets and covers 507 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 043559972, and the plan has been effective since 2005-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $24M at the beginning of 2023 to $33M at year-end — a gain of 36.6%. Net assets (after liabilities) closed the year at $33M, with reported net income of $9M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$24M
Total Assets (End of Year)$33M
Net Assets (End of Year)$33M
Net Income$9M
Plan Type401(k)
Employer EIN043559972
Plan Effective Date2005-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aspen Aerogels, Inc.)

Year Plans Participants Total Assets
2022 1 397 $24M
2023 1 507 $33M
2024 1 517 $41M

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Frequently Asked Questions

How much money is in the Aspen Aerogels, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Aspen Aerogels, Inc. 401(k) Plan holds $33M in total assets with 507 participants. It is sponsored by Aspen Aerogels, Inc..
What type of plan is Aspen Aerogels, Inc. 401(k) Plan?
Aspen Aerogels, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2005-05-01. The plan is filed with the U.S. Department of Labor under EIN 043559972.
Who sponsors the Aspen Aerogels, Inc. 401(k) Plan?
Aspen Aerogels, Inc. 401(k) Plan is sponsored by Aspen Aerogels, Inc., located in Massachusetts. The sponsor's EIN is 043559972 and the plan operates in the Manufacturing industry.
How did Aspen Aerogels, Inc. 401(k) Plan perform in 2023?
Aspen Aerogels, Inc. 401(k) Plan grew by 36.6% during 2023, moving from $24M to $33M in total assets. Net income was $9M.
Where can I find official filings for Aspen Aerogels, Inc. 401(k) Plan?
Official Form 5500 filings for Aspen Aerogels, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 043559972 or plan name at efast.dol.gov.
How does Aspen Aerogels, Inc. 401(k) Plan compare to other plans?
You can compare Aspen Aerogels, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.