401(k) · DOL Form 5500 · 2023

Agco Corporation 401(k) Plan

Data updated 2026-08-25

$120M
Total assets Near avg plan size
805
Participants Near avg headcount
92nd
Percentile by assets National rank
$148,612
Avg per participant Above avg balance/head
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Official DOL plan name: Agco Corporation Hesston Employees' Savings Plan · Sponsored by Agco Corporation · Georgia · Manufacturing

$120M in assets, 805 participants

Agco Corporation's Agco Corporation Hesston Employees' Savings Plan reported $120M in total assets and 805 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #16,545 in Manufacturing (18,722 peers)

Where Agco Corporation Hesston Employees' Savings Plan sits by assets

Agco Corporation Hesston Employees' Savings Plan sits in the top 10% of all filed plans by assets, $120M for 805 participants (~$148,612/participant), up 11.7% in 2023.

#16,545
in Manufacturing (18,722 peers)
+11.7%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Agco Corporation Hesston Employees' Savings Plan's outsized position by total assets

Agco Corporation Hesston Employees' Savings Plan vs every filed plan by assets

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

$119,632,332 Top 8% higher than 92% 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

Agco Corporation Hesston Employees' Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Agco Corporation Hesston Employees' Savings Plan sits mid-pack in the medium band (805 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Agco Corporation Hesston Employees' Savings Plan reported net income rose from -$27M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Agco Corporation Hesston Employees' Savings Plan end-of-year assets rose from $107M in the plan year 2022 filing to $120M in the plan year 2023 filing.
  • Agco Corporation Hesston Employees' Savings Plan reported participants rose from 745 in the plan year 2022 filing to 805 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 581960019 · Agco Corporation PY 2023 · 401(k)

Agco Corporation Hesston Employees' Savings Plan · $120M · 805 · 92nd

  • BOY $120M
  • BOY 805
  • BOY 92nd
  • BOY 401(k)
  • BOY near Flexera Software LLC 401(k) Plan
  • BOY ind #16545

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 Georgia →

Agco Corporation Hesston Employees' Savings Plan in the asset neighbourhood

Webcor Builders 401(k) Profit Sharing PlanWebcor Builders 401(k) Profi…$120MAdviser Compliance Associates, LLC Dba Aca Group 401(k) PlanAdviser Compliance Associate…$120MRockefeller Group International, Inc. Incentive Savings PlanRockefeller Group Internatio…$120MFlexera Software LLC 401(k) PlanFlexera Software LLC 401(k) …$120MAgco Corporation Hesston Employees' Savings PlanAgco Corporation Hesston Emp…$120M
End-of-year total assets ($M) among Agco Corporation Hesston Employees' Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$107M
Net Assets (End of Year)$120M
Net Income$13M
Employer EIN581960019
Plan Effective Date1962-09-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Agco Corporation)

Sponsor-wide plan assets over time

All Agco Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$884M 27.05839770682673% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $695M $884M ▲ +27.1%
Year Plans Participants Total Assets
2022 4 4,840 $695M
2023 4 5,358 $800M
2024 3 5,881 $884M

Nearby 401(k) Plans in Georgia

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

Agco Corporation Hesston Employees' Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Agco Corporation Hesston Employees' Savings Plan, Total assets ($B): 0.119632332 · Participants: 805Agco Corporation Hesston Employees' Savings PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Agco Corporation Hesston Employees' Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Agco Corporation Hesston Employees' Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Flexera Software LLC 401(k) Plan in IL ($120M); by covered participants it is Sandhills 401(k) Plan in NE (805 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (805 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 Agco Corporation Hesston Employees' Savings Plan assets move in 2023?
Agco Corporation Hesston Employees' Savings Plan grew at a solid clip - up 11.7% during 2023, from $107M to $120M. Reported net income was $13M.
How have Agco Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Agco Corporation's sponsor-wide assets grew 27.1%, from $695M to $884M.
Where does Agco Corporation Hesston Employees' Savings Plan rank by assets among Form 5500 filers?
Agco Corporation Hesston Employees' Savings Plan ranks in the 92nd 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 Agco Corporation Hesston Employees' Savings Plan?
Among 401(k) plans in other states, the closest by assets is Flexera Software LLC 401(k) Plan in IL ($120M, 494 participants).
Which 401(k) plans cover a similar participant headcount to Agco Corporation Hesston Employees' Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Sandhills 401(k) Plan in NE (805 participants, $70M in assets).