401(k) · DOL Form 5500 · 2023

Hexcel Corporation 401(k) Plan

Data updated 2026-08-25

$481M
Total assets Above avg plan size
2,590
Participants Above avg headcount
97th
Percentile by assets National rank
$185,603
Avg per participant Above avg balance/head
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Official DOL plan name: Hexcel Corporation 401(k) Retirement Savings Plan · Sponsored by Hexcel Corporation · Connecticut · Manufacturing

$481M in assets, 2,590 participants

Hexcel Corporation's Hexcel Corporation 401(k) Retirement Savings Plan reported $481M in total assets and 2,590 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,908 in Manufacturing (18,722 peers)

Coverage in Connecticut

Hexcel Corporation 401(k) Retirement Savings Plan covers 2,590 participants in Connecticut, 3.6x the typical Connecticut plan (state average ~718 per filing). Assets: $481M.

#17,908
in Manufacturing (18,722 peers)
+17.6%
assets growth YoY
4.8×
vs typical plan assets (national mean)

Hexcel Corporation 401(k) Retirement Savings Plan's outsized position by total assets

Hexcel Corporation 401(k) Retirement Savings Plan vs every filed plan by assets

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

$480,711,881 Top 3% higher than 97% 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

Hexcel Corporation 401(k) Retirement 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. Hexcel Corporation 401(k) Retirement Savings Plan lands in the large band (2,590 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hexcel Corporation 401(k) Retirement Savings Plan reported net income rose from -$112M in the plan year 2022 filing to $72M in the plan year 2023 filing.
  • Hexcel Corporation 401(k) Retirement Savings Plan end-of-year assets rose from $409M in the plan year 2022 filing to $481M in the plan year 2023 filing.
  • Hexcel Corporation 401(k) Retirement Savings Plan reported participants rose from 2,279 in the plan year 2022 filing to 2,590 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 941109521 · Hexcel Corporation PY 2023 · 401(k)

Hexcel Corporation 401(k) Retirement Savings Plan · $481M · 2,590 · 97th

  • 5500 $481M
  • ASSETS 2,590
  • PCT 97th
  • EIN 401(k)
  • RANK near Docusign, Inc. 401(k) Plan
  • PHOTO ind #17908

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 Connecticut →

Hexcel Corporation 401(k) Retirement Savings Plan in the asset neighbourhood

Hgv Retirement Savings Plan$481MDocusign, Inc. 401(k) Plan$481MHexcel Corporation 401(k) Retirement Savings PlanHexcel Corporation 401(k) Re…$481MCadwalader, Wickersham & Taft LLP Defined Contribution PlanCadwalader, Wickersham & Taf…$480MCae USA Inc Savings Investment and Employee Benefit Plan Number 1Cae USA Inc Savings Investme…$480M
End-of-year total assets ($M) among Hexcel Corporation 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$409M
Net Assets (End of Year)$481M
Net Income$72M
Employer EIN941109521
Plan Effective Date1954-09-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Hexcel Corporation)

Sponsor-wide plan assets over time

All Hexcel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$541M 28.891898086042477% vs 2022
2024 filing year
$400M$450M$500M$550M$600M 202220232024 $420M $541M ▲ +28.9%
Year Plans Participants Total Assets
2022 2 2,598 $420M
2023 2 2,817 $493M
2024 2 2,942 $541M

Nearby 401(k) Plans in Connecticut

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

Hexcel Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hexcel Corporation 401(k) Retirement Savings Plan, Total assets ($B): 0.480711881 · Participants: 2590Hexcel Corporation 401(k) Retirement Savings PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Hexcel Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Hexcel Corporation 401(k) Retirement Savings Plan side-by-side with 3 peers →

Hexcel Corporation 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Docusign, Inc. 401(k) Plan in CA ($481M); by covered participants it is Merit Medical Systems, Inc. 401(k) Profit Sharing Plan in UT (2,590 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($481M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,590 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 Hexcel Corporation 401(k) Retirement Savings Plan assets move in 2023? ▼
Hexcel Corporation 401(k) Retirement Savings Plan grew sharply - up 17.6% during 2023, from $409M to $481M. Reported net income was $72M.
How have Hexcel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hexcel Corporation's sponsor-wide assets grew 28.9%, from $420M to $541M.
Where does Hexcel Corporation 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Hexcel Corporation 401(k) Retirement Savings Plan ranks in the 97th 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 Hexcel Corporation 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Docusign, Inc. 401(k) Plan in CA ($481M, 4,390 participants).
Which 401(k) plans cover a similar participant headcount to Hexcel Corporation 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Merit Medical Systems, Inc. 401(k) Profit Sharing Plan in UT (2,590 participants, $186M 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 941109521.

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.