401(k) · DOL Form 5500 · 2023
Panduit Corp. 401(k) Plan
Data updated 2026-08-11
- $639M
- Total assets
- 1,515
- Participants
- 98th
- Percentile by assets
- $421,522
- Avg per participant
Official DOL plan name: Panduit 401(k) and Profit Sharing Plan · Sponsored by Panduit Corp. · Illinois · Manufacturing
$639M in assets, 1,515 participants
Panduit Corp.'s Panduit 401(k) and Profit Sharing Plan reported $639M in total assets and 1,515 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)
- #18,076 in Manufacturing (18,722 peers)
Where Panduit 401(k) and Profit Sharing Plan sits by assets
Panduit 401(k) and Profit Sharing Plan sits in the top 5% of all filed plans by assets, $639M for 1,515 participants (~$421,522/participant), up 10.9% in 2023.
- $639M
- total plan assets (2023 EOY)
- 1,515
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $421,522
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Panduit 401(k) and Profit Sharing Plan reported net income rose from -$175M in the plan year 2022 filing to $63M in the plan year 2023 filing.
- Panduit 401(k) and Profit Sharing Plan end-of-year assets rose from $576M in the plan year 2022 filing to $639M in the plan year 2023 filing.
- Panduit 401(k) and Profit Sharing Plan reported participants fell from 1,530 in the plan year 2022 filing to 1,515 in the plan year 2023 filing.
Panduit 401(k) and Profit Sharing Plan vs the 2023 asset distribution
By assets, Panduit 401(k) and Profit Sharing Plan outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 6.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $576M |
|---|---|
| Net Assets (End of Year) | $639M |
| Net Income | $63M |
| Employer EIN | 362601300 |
| Plan Effective Date | 1966-10-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Panduit Corp.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,530 | $576M |
| 2023 | 1 | 1,515 | $639M |
| 2024 | 1 | 1,472 | $692M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Panduit 401(k) and 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Panduit 401(k) and Profit Sharing Plan by total assets, not by location.
- Terex Corporation and Affiliates 401(k) Retirement Savings Plan (CT) $639M · 3,912
- Prysmian Group 401(k) Plan (KY) $638M · 5,115
- Menasha Corporation 401(k) Retirement Savings Plan (WI) $639M · 5,320
- Spire Employee Savings Plan (MO) $639M · 3,537
Frequently Asked Questions
How did Panduit 401(k) and Profit Sharing Plan assets move in 2023? ▼
How have Panduit Corp. plan assets changed over time? ▼
Where does Panduit 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Panduit 401(k) and Profit Sharing Plan? ▼
Next read for Panduit 401(k) and Profit Sharing Plan
Scale reading
Ways to act on Panduit 401(k) and Profit Sharing Plan's numbers.
- By total assets, Panduit 401(k) and 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
- Panduit Corp.'s sponsor-wide assets have grown 20.3% since 2022 across 3 plan years on file. More Manufacturing plans