401(k) · DOL Form 5500 · 2023

Hexcel Corporation 401(k) Plan

Data updated 2026-08-11

$481M
Total assets: 2,590
Participants: 97th
Percentile by assets: $185,603
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$481M
total plan assets (2023 EOY): 2,590
covered participants: 97th
percentile by assets (of 127,072 plans): $185,603
avg assets per participant

Where Hexcel Corporation 401(k) Retirement Savings Plan sits 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

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 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 →

State

Connecticut

Industry

Manufacturing

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. Hexcel Corporation 401(k) Retirement Savings Plan reports 2,590 participants - 3.6x that state average ($481M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)	$409M
Net Assets (End of Year)	$481M
Net Income	$72M
Employer EIN	941109521
Plan Effective Date	1954-09-20
Filing Status	FILING RECEIVED

Sponsor Plan History (Hexcel Corporation)

Total plan assets by year, all Hexcel Corporation plans on file

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

Rtx Savings Plan $52.8B · 123,037
Citi Retirement Savings Plan $20.7B · 77,865
The Hartford Investment and Savings Plan $6.5B · 18,377
Xerox Corporation Savings Plan $3.9B · 10,291
Eversource 401(k) Plan $3.8B · 9,504

Compare Hexcel Corporation 401(k) Retirement Sav… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Docusign, Inc. 401(k) Plan (CA) $481M · 4,390
Hgv Retirement Savings Plan (FL) $481M · 11,232
Cadwalader, Wickersham & Taft LLP Defined Contribution Plan (NY) $480M · 641
Cae USA Inc Savings Investment and Employee Benefit Plan Number 1 (FL) $480M · 4,301

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).

Next read for Hexcel Corporation 401(k) Retirement Sav…

Filing takeaways

Ways to act on Hexcel Corporation 401(k) Retirement Savings Plan's numbers.

By total assets, Hexcel Corporation 401(k) Retirement 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 Connecticut. Compare plans
Hexcel Corporation's sponsor-wide assets have grown 28.9% since 2022 across 3 plan years on file. More Manufacturing plans

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.