401(k) · DOL Form 5500 · 2023

Grundfos Pumps Corporation 401(k) Plan

Data updated 2026-08-11

$224M
Total assets: 1,274
Participants: 95th
Percentile by assets: $175,694
Avg per participant

Official DOL plan name: Grundfos Pumps Corporation 401(k) Profit Sharing Plan · Sponsored by Grundfos Pumps Corporation · Illinois · Manufacturing

$224M in assets, 1,274 participants

Grundfos Pumps Corporation's Grundfos Pumps Corporation 401(k) Profit Sharing Plan reported $224M in total assets and 1,274 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#17,295 in Manufacturing (18,722 peers)

Where Grundfos Pumps Corporation 401(k) Profit Sharing Plan sits by assets

Grundfos Pumps Corporation 401(k) Profit Sharing Plan sits in the top 5% of all filed plans by assets, $224M for 1,274 participants (~$175,694/participant), up 13.0% in 2023.

$224M
total plan assets (2023 EOY): 1,274
covered participants: 95th
percentile by assets (of 127,072 plans): $175,694
avg assets per participant

Grundfos Pumps Corporation 401(k) Profit Sharing Plan reported net income rose from -$48M in the plan year 2022 filing to $26M in the plan year 2023 filing.
Grundfos Pumps Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $198M in the plan year 2022 filing to $224M in the plan year 2023 filing.
Grundfos Pumps Corporation 401(k) Profit Sharing Plan reported participants rose from 1,231 in the plan year 2022 filing to 1,274 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Manufacturing

Grundfos Pumps Corporation 401(k) Profit Sharing Plan vs the 2023 asset distribution

By assets, Grundfos Pumps Corporation 401(k) Profit Sharing Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$198M
Net Assets (End of Year)	$224M
Net Income	$26M
Employer EIN	942248162
Plan Effective Date	1987-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Grundfos Pumps Corporation)

Total plan assets by year, all Grundfos Pumps Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	1,231	$198M
2023	1	1,274	$224M
2024	1	1,289	$251M

Nearby 401(k) Plans in Illinois

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

Grundfos Pumps Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare Grundfos Pumps Corporation 401(k) Profit… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Grundfos Pumps Corporation 401(k) Profit Sharing Plan by total assets, not by location.

Muckleshoot Retirement Plan (WA) $224M · 3,112
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan (MI) $224M · 2,292
David Evans Enterprises, Inc. Retirement Plan (OR) $224M · 1,005
Toledo Clinic, Inc. Employees' 401(k) Profit Sharing Plan and Trust (OH) $224M · 1,495

Frequently Asked Questions

How did Grundfos Pumps Corporation 401(k) Profit Sharing Plan assets move in 2023? ▼

Grundfos Pumps Corporation 401(k) Profit Sharing Plan grew at a solid clip - up 13.0% during 2023, from $198M to $224M. Reported net income was $26M.

How have Grundfos Pumps Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Grundfos Pumps Corporation's sponsor-wide assets grew 26.7%, from $198M to $251M.

Where does Grundfos Pumps Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Grundfos Pumps Corporation 401(k) Profit Sharing Plan ranks in the 95th 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 Grundfos Pumps Corporation 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Muckleshoot Retirement Plan in WA ($224M, 3,112 participants).

Next read for Grundfos Pumps Corporation 401(k) Profit…

Scale reading

Ways to act on Grundfos Pumps Corporation 401(k) Profit Sharing Plan's numbers.

By total assets, Grundfos Pumps Corporation 401(k) Profit Sharing 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 Illinois. Compare plans
Grundfos Pumps Corporation's sponsor-wide assets have grown 26.7% 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 942248162.