401(k) · DOL Form 5500 · 2023

Exel Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
457
Participants Below avg headcount
77th
Percentile by assets National rank
$55,377
Avg per participant Low balance/head
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Official DOL plan name: Exel 401(k) Savings Plan · Sponsored by Exel Inc. · Ohio · Transportation & Warehousing

$25M in assets, 457 participants

Exel Inc.'s Exel 401(k) Savings Plan reported $25M in total assets and 457 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #2,544 in Transportation & Warehousing (3,362 peers)

Where Exel 401(k) Savings Plan sits by assets

Exel 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $25M for 457 participants (~$55,377/participant), up 9.3% in 2023.

#2,544
in Transportation & Warehousing (3,362 peers)
+9.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Exel 401(k) Savings Plan's outsized position by total assets

Exel 401(k) Savings Plan vs every filed plan by assets

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

$25,307,139 Top 23% higher than 77% 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

Exel 401(k) 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. Exel 401(k) Savings Plan sits mid-pack in the medium band (457 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Exel 401(k) Savings Plan reported net income rose from -$7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Exel 401(k) Savings Plan end-of-year assets rose from $23M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Exel 401(k) Savings Plan reported participants fell from 496 in the plan year 2022 filing to 457 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042801160 · Exel Inc. PY 2023 · 401(k)

Exel 401(k) Savings Plan · $25M · 457 · 77th

  • EOY $25M
  • EOY 457
  • EOY 77th
  • EOY 401(k)
  • EOY near Blupeak Credit Union 401(k) & Benefit Sharing Plan
  • EOY ind #2544

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 Transportation & Warehousing retirement plans → · Plans in Ohio →

Exel 401(k) Savings Plan in the asset neighbourhood

Exel 401(k) Savings Plan$25MBlupeak Credit Union 401(k) & Benefit Sharing PlanBlupeak Credit Union 401(k) …$25MDawson Geophysical Company 401(k) PlanDawson Geophysical Company 4…$25MWeidmuller, Inc. Employee Savings PlanWeidmuller, Inc. Employee Sa…$25MTruvista 401(k) Retirement PlanTruvista 401(k) Retirement P…$25M
End-of-year total assets ($M) among Exel 401(k) 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)$23M
Net Assets (End of Year)$25M
Net Income$2M
Employer EIN042801160
Plan Effective Date2002-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Exel Inc.)

Sponsor-wide plan assets over time

All Exel Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 46.44641443459776% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B 202220232024 $0.85B $1.24B ▲ +45.9%
Year Plans Participants Total Assets
2022 2 34,293 $848M
2023 2 38,351 $1.1B
2024 2 36,953 $1.2B

Nearby 401(k) Plans in Ohio

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

Exel 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Exel 401(k) Savings Plan, Total assets ($B): 0.025307139 · Participants: 457Exel 401(k) Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Exel 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Exel 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Blupeak Credit Union 401(k) & Benefit Sharing Plan in CA ($25M); by covered participants it is Tol 401(k) Retirement Plan in TX (457 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (457 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 Exel 401(k) Savings Plan assets move in 2023? ▼
Exel 401(k) Savings Plan grew at a solid clip - up 9.3% during 2023, from $23M to $25M. Reported net income was $2M.
How have Exel Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Exel Inc.'s sponsor-wide assets grew 46.4%, from $848M to $1.2B.
Where does Exel 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Exel 401(k) Savings Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Exel 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Blupeak Credit Union 401(k) & Benefit Sharing Plan in CA ($25M, 131 participants).
Which 401(k) plans cover a similar participant headcount to Exel 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tol 401(k) Retirement Plan in TX (457 participants, $4M in assets).

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 042801160.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.