401(k) · DOL Form 5500 · 2023

Meritage Homes Corporation 401(k) Plan

Data updated 2026-08-11

$176M
Total assets
2,020
Participants
94th
Percentile by assets
$87,149
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Meritage Homes Corporation 401(k) Savings Plan · Sponsored by Meritage Homes Corporation · Arizona · Construction

$176M in assets, 2,020 participants

Meritage Homes Corporation's Meritage Homes Corporation 401(k) Savings Plan reported $176M in total assets and 2,020 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #8,395 in Construction (9,030 peers)

Coverage in Arizona

Meritage Homes Corporation 401(k) Savings Plan covers 2,020 participants in Arizona, 3.6x the typical Arizona plan (state average ~564 per filing). Assets: $176M.

$176M
total plan assets (2023 EOY)
2,020
covered participants
94th
percentile by assets (of 127,072 plans)
$87,149
avg assets per participant

Where Meritage Homes Corporation 401(k) Savings Plan sits by total assets

Meritage Homes Corporation 401(k) Savings Plan vs every filed plan by assets

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

$176,040,893 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Meritage Homes Corporation 401(k) Savings Plan reported net income rose from -$16M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Meritage Homes Corporation 401(k) Savings Plan end-of-year assets rose from $143M in the plan year 2022 filing to $176M in the plan year 2023 filing.
  • Meritage Homes Corporation 401(k) Savings Plan reported participants rose from 1,840 in the plan year 2022 filing to 2,020 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Meritage Homes Corporation 401(k) Savings Plan reports 2,020 participants - 3.6x that state average ($176M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)$143M
Net Assets (End of Year)$176M
Net Income$33M
Employer EIN860611231
Plan Effective Date1995-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Meritage Homes Corporation)

$100M$150M$200M$250M 202220232024 $143M $210M ▲ +46.6%
Total plan assets by year, all Meritage Homes Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,840 $143M
2023 1 2,020 $176M
2024 1 1,927 $210M

Nearby 401(k) Plans in Arizona

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

Meritage Homes Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Meritage Homes Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Meritage Homes Corpo…Bechtel Trust & Thri…Banner Health Employ…Republic Services, I…Freeport-Mcmoran Inc…Stantec 401(k) Plan
Meritage Homes Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Meritage Homes Corporation 401(k) Savings Plan assets move in 2023?
Meritage Homes Corporation 401(k) Savings Plan grew sharply - up 23.0% during 2023, from $143M to $176M. Reported net income was $33M.
How have Meritage Homes Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Meritage Homes Corporation's sponsor-wide assets grew 46.6%, from $143M to $210M.
Where does Meritage Homes Corporation 401(k) Savings Plan rank by assets among Form 5500 filers?
Meritage Homes Corporation 401(k) Savings Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Meritage Homes Corporation 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Commissioning Agents Inc Employee Stock Ownership & 401(k) Plan in IN ($176M, 578 participants).

Next read for Meritage Homes Corporation 401(k) Saving…

Filing takeaways

Ways to act on Meritage Homes Corporation 401(k) Savings Plan's numbers.

  • By total assets, Meritage Homes Corporation 401(k) Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Arizona. Compare plans
  • Meritage Homes Corporation's sponsor-wide assets have grown 46.6% since 2022 across 3 plan years on file. More Construction plans