401(k) · DOL Form 5500 · 2023

Tessy Plastics Corp 401(k) Plan

Data updated 2026-08-11

$75M
Total assets
1,397
Participants
89th
Percentile by assets
$53,983
Avg per participant
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Official DOL plan name: Tessy 401(k) Retirement Plan · Sponsored by Tessy Plastics Corp · New York · Manufacturing

$75M in assets, 1,397 participants

Tessy Plastics Corp's Tessy 401(k) Retirement Plan reported $75M in total assets and 1,397 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #15,732 in Manufacturing (18,722 peers)

Where Tessy 401(k) Retirement Plan sits by assets

Tessy 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $75M for 1,397 participants (~$53,983/participant), up 25.0% in 2023.

$75M
total plan assets (2023 EOY)
1,397
covered participants
89th
percentile by assets (of 127,072 plans)
$53,983
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tessy 401(k) Retirement Plan reported net income rose from -$8M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Tessy 401(k) Retirement Plan end-of-year assets rose from $60M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Tessy 401(k) Retirement Plan reported participants rose from 1,270 in the plan year 2022 filing to 1,397 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Tessy 401(k) Retirement Plan vs the 2023 asset distribution

By assets, Tessy 401(k) Retirement Plan outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$75M
Net Income$15M
Employer EIN161009788
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tessy Plastics Corp)

$50M$60M$70M$80M$90M 202220232024 $60.3M $85.1M ▲ +41.0%
Total plan assets by year, all Tessy Plastics Corp plans on file
Year Plans Participants Total Assets
2022 1 1,270 $60M
2023 1 1,397 $75M
2024 1 1,280 $85M

Nearby 401(k) Plans in New York

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

Tessy 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants

Tessy 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Tessy 401(k) Retirem…IBM 401 (K) Plus PlanPfizer Savings PlanMorgan Stanley 401(k…The Pepsico Savings …The Goldman Sachs 40…
Tessy 401(k) Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tessy 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Tessy 401(k) Retirement Plan assets move in 2023?
Tessy 401(k) Retirement Plan grew sharply - up 25.0% during 2023, from $60M to $75M. Reported net income was $15M.
How have Tessy Plastics Corp plan assets changed over time?
Across 3 plan years on file (2022-2024), Tessy Plastics Corp's sponsor-wide assets grew 41.0%, from $60M to $85M.
Where does Tessy 401(k) Retirement Plan rank by assets among Form 5500 filers?
Tessy 401(k) Retirement Plan ranks in the 89th 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 Tessy 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Sukup Manufacturing Company 401(k) Profit Sharing Plan in IA ($75M, 699 participants).

Next read for Tessy 401(k) Retirement Plan

Scale reading

Ways to act on Tessy 401(k) Retirement Plan's numbers.