401(k) · DOL Form 5500 · 2023

Prysmian Cables and Systems (US) Inc. 401(k) Plan

Data updated 2026-08-25

$638M
Total assets Above avg plan size
5,115
Participants Above avg headcount
98th
Percentile by assets National rank
$124,803
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Prysmian Group 401(k) Plan · Sponsored by Prysmian Cables and Systems (US) Inc. · Kentucky · Manufacturing

$638M in assets, 5,115 participants

Prysmian Cables and Systems (US) Inc.'s Prysmian Group 401(k) Plan reported $638M in total assets and 5,115 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #18,074 in Manufacturing (18,722 peers)

Coverage in Kentucky

Prysmian Group 401(k) Plan covers 5,115 participants in Kentucky, 7.9x the typical Kentucky plan (state average ~647 per filing). Assets: $638M.

#18,074
in Manufacturing (18,722 peers)
+13.1%
assets growth YoY
6.4×
vs typical plan assets (national mean)

Prysmian Group 401(k) Plan's outsized position by total assets

Prysmian Group 401(k) Plan vs every filed plan by assets

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

$638,367,721 Top 2% higher than 98% 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

Prysmian Group 401(k) 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. Prysmian Group 401(k) Plan lands in the large band (5,115 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Prysmian Group 401(k) Plan reported net income rose from -$138M in the plan year 2022 filing to $74M in the plan year 2023 filing.
  • Prysmian Group 401(k) Plan end-of-year assets rose from $564M in the plan year 2022 filing to $638M in the plan year 2023 filing.
  • Prysmian Group 401(k) Plan reported participants rose from 4,968 in the plan year 2022 filing to 5,115 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 571061511 · Prysmian Cables and Systems (US) Inc. PY 2023 · 401(k)

Prysmian Group 401(k) Plan · $638M · 5,115 · 98th

  • EOY $638M
  • EOY 5,115
  • EOY 98th
  • EOY 401(k)
  • EOY near Terex Corporation and Affiliates 401(k) Retirement Savings Plan
  • EOY ind #18074

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 Kentucky →

Prysmian Group 401(k) Plan in the asset neighbourhood

Spire Employee Savings Plan$639MMenasha Corporation 401(k) Retirement Savings PlanMenasha Corporation 401(k) R…$639MPanduit 401(k) and Profit Sharing PlanPanduit 401(k) and Profit Sh…$639MTerex Corporation and Affiliates 401(k) Retirement Savings PlanTerex Corporation and Affili…$639MPrysmian Group 401(k) Plan$638M
End-of-year total assets ($M) among Prysmian Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$564M
Net Assets (End of Year)$638M
Net Income$74M
Employer EIN571061511
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Prysmian Cables and Systems (US) Inc.)

Sponsor-wide plan assets over time

All Prysmian Cables and Systems (US) Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$703M 21.297384109653123% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $580M $703M ▲ +21.3%
Year Plans Participants Total Assets
2022 2 5,107 $580M
2023 2 5,235 $638M
2024 1 5,275 $703M

Nearby 401(k) Plans in Kentucky

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

Prysmian Group 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 0246810 Total assets ($B) Participants Prysmian Group 401(k) Plan, Total assets ($B): 0.638367721 · Participants: 5115Prysmian Group 401(k) PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Prysmian Group 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Scale composition for Prysmian Group 401(k) Plan

Prysmian Group 401(k) Plan reports $638M in end-of-year assets across 5,115 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $124,803 per participant (90% of the national average assets-per-participant) . Net income for plan year 2023 was $74M.

This plan identity (EIN 571061511, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $564M to $703M (+24.6%) while covered participants moved from 4,968 to 5,275 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,968 $564M Open filing
2023 5,115 $638M This page
2024 · index core 5,275 $703M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Prysmian Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Terex Corporation and Affiliates 401(k) Retirement Savings Plan in CT ($639M); by covered participants it is Trimble Inc. Savings and Retirement Plan in CA (5,114 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($638M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,115 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 Prysmian Group 401(k) Plan assets move in 2023? ▼
Prysmian Group 401(k) Plan grew at a solid clip - up 13.1% during 2023, from $564M to $638M. Reported net income was $74M.
How have Prysmian Cables and Systems (US) Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Prysmian Cables and Systems (US) Inc.'s sponsor-wide assets grew 21.3%, from $580M to $703M.
Where does Prysmian Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Prysmian Group 401(k) Plan ranks in the 98th 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 Prysmian Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Terex Corporation and Affiliates 401(k) Retirement Savings Plan in CT ($639M, 3,912 participants).
Which 401(k) plans cover a similar participant headcount to Prysmian Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Trimble Inc. Savings and Retirement Plan in CA (5,114 participants, $981M in assets).