401(k) · DOL Form 5500 · 2023
Prysmian Cables and Systems (US) Inc. 401(k) Plan
Data updated 2026-08-11
- $638M
- Total assets
- 5,115
- Participants
- 98th
- Percentile by assets
- $124,803
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $638M
- total plan assets (2023 EOY)
- 5,115
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $124,803
- avg assets per participant
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.
Participants vs Kentucky filers
In Kentucky, the average filing covers about 647 participants across 1,300 plans. Prysmian Group 401(k) Plan reports 5,115 participants - 7.9x that state average ($638M EOY assets).
Kentucky filing particulars
| Total Assets (Beginning of Year) | $564M |
|---|---|
| Net Assets (End of Year) | $638M |
| Net Income | $74M |
| Employer EIN | 571061511 |
| Plan Effective Date | 2020-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Prysmian Cables and Systems (US) Inc.)
| 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
- Commonspirit Health 401(k) Retirement Savings Plan $7.9B · 86,688
- Humana Retirement Savings Plan $7.4B · 45,938
- UPS/Ipa 401(k) Savings Plan $1.3B · 3,159
- Scionhealth 401(k) Plan $1.2B · 33,226
- Lexmark Savings Plan $1.2B · 1,968
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 (401(k), $703M, 5,275 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Prysmian Group 401(k) Plan by total assets, not by location.
- Terex Corporation and Affiliates 401(k) Retirement Savings Plan (CT) $639M · 3,912
- Panduit 401(k) and Profit Sharing Plan (IL) $639M · 1,515
- Menasha Corporation 401(k) Retirement Savings Plan (WI) $639M · 5,320
- Spire Employee Savings Plan (MO) $639M · 3,537
Frequently Asked Questions
How did Prysmian Group 401(k) Plan assets move in 2023? ▼
How have Prysmian Cables and Systems (US) Inc. plan assets changed over time? ▼
Where does Prysmian Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Prysmian Group 401(k) Plan? ▼
Next read for Prysmian Group 401(k) Plan
Filing takeaways
Ways to act on Prysmian Group 401(k) Plan's numbers.
- By total assets, Prysmian Group 401(k) 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 Kentucky. Compare plans
- Prysmian Cables and Systems (US) Inc.'s sponsor-wide assets have grown 21.3% since 2022 across 3 plan years on file. More Manufacturing plans