401(k) · DOL Form 5500 · 2023

Smiths Group Services Corporation 401(k) Plan

Data updated 2026-08-25

$923M
Total assets Above avg plan size
5,382
Participants Above avg headcount
98th
Percentile by assets National rank
$171,573
Avg per participant Above avg balance/head
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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.

  • #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.

#18,230
in Manufacturing (18,722 peers)
+12.0%
assets growth YoY
9.3×
vs typical plan assets (national mean)

Smiths Group Incentive Savings Plan's outsized position by total assets

Smiths Group Incentive Savings Plan vs every filed plan by assets

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

$923,406,640 Top 2% higher than 98% 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

Smiths Group Incentive Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smiths Group Incentive Savings Plan lands in the large band (5,382 participants).

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 →

Published 5500 schedule card

Filing strip 223015350 · Smiths Group Services Corporation PY 2023 · 401(k)

Smiths Group Incentive Savings Plan · $923M · 5,382 · 98th

  • PCT $923M
  • EIN 5,382
  • RANK 98th
  • PHOTO 401(k)
  • IND near Block 401(k) Plan
  • EOY ind #18230

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 District of Columbia →

Smiths Group Incentive Savings Plan in the asset neighbourhood

Citgo Petroleum Corporation Employees' Retirement and Savings PlanCitgo Petroleum Corporation …$925MIllumina, Inc. 401(k) Plan$925MBlock 401(k) Plan$924MSmiths Group Incentive Savings PlanSmiths Group Incentive Savin…$923MCelanese Americas Retirement Savings PlanCelanese Americas Retirement…$922M
End-of-year total assets ($M) among Smiths Group Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Smiths Group Services Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 16.414873189045988% vs 2022
2024 filing year
$1B$1.1B$1.2B$1.3B 202220232024 $1.06B $1.24B ▲ +17.0%
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 Scatter plot of 6 data points. 01000020000300004000050000 02468 Total assets ($B) Participants Smiths Group Incentive Savings Plan, Total assets ($B): 0.92340664 · Participants: 5382Smiths Group Incentive Savings PlanDanaher Corporation & Subsidiaries Savings Plan, Total assets ($B): 5.808883656 · Participants: 29441Danaher Corporation & Subsidiaries Savings PlanGeico 401(k) Savings Plan, Total assets ($B): 5.758063779 · Participants: 39034Geico 401(k) Savings PlanFederal National Mortgage Association Retirement Savings Plan for Employees, Total assets ($B): 3.918113552 · Participants: 8044Federal National Mortgage Association Retirement Savings Plan for EmployeesFinra Savings Plus Plan, Total assets ($B): 2.182175101 · Participants: 3958Finra Savings Plus PlanHogan Lovells US LLP Retirement Savings Plan, Total assets ($B): 1.63036822 · Participants: 1870Hogan Lovells US LLP Retirement Savings Plan
Smiths Group Incentive Savings Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants
Compare Smiths Group Incentive Savings Plan side-by-side with 3 peers →

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:

Smiths Group Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside District of Columbia, the nearest 401(k) by assets is Block 401(k) Plan in CA ($924M); by covered participants it is Central Employees Savings Plan in MI (5,379 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($923M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,382 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 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).
Which 401(k) plans cover a similar participant headcount to Smiths Group Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Central Employees Savings Plan in MI (5,379 participants, $82M 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 223015350.

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.