401(k) · DOL Form 5500 · 2023

Smiths Group Services Corporation 401(k) Plan

Data updated 2026-08-11

$923M
Total assets
5,382
Participants
98th
Percentile by assets
$171,573
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Smiths Group Incentive Savings Plan · Sponsored by Smiths Group Services Corporation · District of Columbia · Manufacturing

$923M in assets, 5,382 participants

Smiths Group Services Corporation's Smiths Group Incentive Savings Plan reported $923M in total assets and 5,382 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)
  • #18,230 in Manufacturing (18,722 peers)

Coverage in District of Columbia

Smiths Group Incentive Savings Plan covers 5,382 participants in District of Columbia, 3.7x the typical District of Columbia plan (state average ~1,456 per filing). Assets: $923M.

$923M
total plan assets (2023 EOY)
5,382
covered participants
98th
percentile by assets (of 127,072 plans)
$171,573
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smiths Group Incentive Savings Plan reported net income rose from -$321M in the plan year 2022 filing to $101M in the plan year 2023 filing.
  • Smiths Group Incentive Savings Plan end-of-year assets rose from $824M in the plan year 2022 filing to $923M in the plan year 2023 filing.
  • Smiths Group Incentive Savings Plan reported participants fell from 5,415 in the plan year 2022 filing to 5,382 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs District of Columbia filers

In District of Columbia, the average filing covers about 1,456 participants across 881 plans. Smiths Group Incentive Savings Plan reports 5,382 participants - 3.7x that state average ($923M EOY assets).

District of Columbia filing particulars

Total Assets (Beginning of Year)$824M
Net Assets (End of Year)$923M
Net Income$101M
Employer EIN223015350
Plan Effective Date1986-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smiths Group Services Corporation)

$1B$1.1B$1.2B$1.3B 202220232024 $1.06B $1.24B ▲ +17.0%
Total plan assets by year, all Smiths Group Services Corporation plans on file
Year Plans Participants Total Assets
2022 2 6,607 $1.1B
2023 2 5,969 $1.2B
2024 2 5,085 $1.2B

Nearby 401(k) Plans in District of Columbia

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

Smiths Group Incentive Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Smiths Group Incentive Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 02468 Total assets ($B) Participants Smiths Group Incenti…Danaher Corporation …Geico 401(k) Savings…Federal National Mor…Finra Savings Plus P…Hogan Lovells US LLP…
Smiths Group Incentive Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Scale composition for Smiths Group Incentive Savings Plan

Smiths Group Incentive Savings Plan reports $923M in end-of-year assets across 5,382 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $171,573 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $101M.

This plan identity (EIN 223015350, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $824M to $1.0B (+21.6%) while covered participants moved from 5,415 to 4,550 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,415 $824M Open filing
2023 5,382 $923M This page
2024 · index core 4,550 $1.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Smiths Group Incentive Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Smiths Group Incentive Savings Plan assets move in 2023?
Smiths Group Incentive Savings Plan grew at a solid clip - up 12.0% during 2023, from $824M to $923M. Reported net income was $101M.
How have Smiths Group Services Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Smiths Group Services Corporation's sponsor-wide assets grew 16.4%, from $1.1B to $1.2B.
Where does Smiths Group Incentive Savings Plan rank by assets among Form 5500 filers?
Smiths Group 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 401(k) plans are similar in size to Smiths Group Incentive Savings Plan?
Among 401(k) plans in other states, the closest by assets is Block 401(k) Plan in CA ($924M, 9,358 participants).

Next read for Smiths Group Incentive Savings Plan

Filing takeaways

Ways to act on Smiths Group Incentive Savings Plan's numbers.

  • By total assets, Smiths Group 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 401(k) plans in District of Columbia. Compare plans
  • Smiths Group Services Corporation's sponsor-wide assets have grown 16.4% since 2022 across 3 plan years on file. More Manufacturing plans