401(k) · DOL Form 5500 · 2023

Silgan Containers Manufacturing Corporation 401(k) Plan

Data updated 2026-08-25

$245M
Total assets Near avg plan size
3,435
Participants Above avg headcount
95th
Percentile by assets National rank
$71,320
Avg per participant Below avg balance/head
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Official DOL plan name: Silgan Retirement Savings Plan for Hourly Employees · Sponsored by Silgan Containers Manufacturing Corporation · California · Manufacturing

$245M in assets, 3,435 participants

Silgan Containers Manufacturing Corporation's Silgan Retirement Savings Plan for Hourly Employees reported $245M in total assets and 3,435 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,394 in Manufacturing (18,722 peers)

Coverage in California

Silgan Retirement Savings Plan for Hourly Employees covers 3,435 participants in California, 5.5x the typical California plan (state average ~630 per filing). Assets: $245M.

#17,394
in Manufacturing (18,722 peers)
+11.7%
assets growth YoY
2.5×
vs typical plan assets (national mean)

Silgan Retirement Savings Plan for Hourly Employees's outsized position by total assets

Silgan Retirement Savings Plan for Hourly Employees vs every filed plan by assets

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

$244,984,569 Top 5% higher than 95% 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

Silgan Retirement Savings Plan for Hourly Employees'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. Silgan Retirement Savings Plan for Hourly Employees lands in the large band (3,435 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Silgan Retirement Savings Plan for Hourly Employees reported net income rose from -$42M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Silgan Retirement Savings Plan for Hourly Employees end-of-year assets rose from $219M in the plan year 2022 filing to $245M in the plan year 2023 filing.
  • Silgan Retirement Savings Plan for Hourly Employees reported participants rose from 3,395 in the plan year 2022 filing to 3,435 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 061502009 · Silgan Containers Manufacturing Corporation PY 2023 · 401(k)

Silgan Retirement Savings Plan for Hourly Employees · $245M · 3,435 · 95th

  • SCH $245M
  • EBSA 3,435
  • PART 95th
  • TYPE 401(k)
  • NET near Organon U.S. Savings Plan
  • BOOK ind #17394

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 California →

Silgan Retirement Savings Plan for Hourly Employees in the asset neighbourhood

Silgan Retirement Savings Plan for Hourly EmployeesSilgan Retirement Savings Pl…$245MOrganon U.S. Savings Plan$245MPortsmouth D&d 401(k) Savings PlanPortsmouth D&d 401(k) Saving…$245MAmerican Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate AssociatesAmerican Axle & Manufacturin…$245MNfi Industries, Inc. Employee Retirement Savings PlanNfi Industries, Inc. Employe…$245M
End-of-year total assets ($M) among Silgan Retirement Savings Plan for Hourly Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$219M
Net Assets (End of Year)$245M
Net Income$27M
Employer EIN061502009
Plan Effective Date1993-12-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Silgan Containers Manufacturing Corporation)

Sponsor-wide plan assets over time

All Silgan Containers Manufacturing Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 10.43234715035235% vs 2022
2024 filing year
$1.2B$1.25B$1.3B$1.35B$1.4B 202220232024 $1.25B $1.38B ▲ +10.4%
Year Plans Participants Total Assets
2022 8 7,579 $1.3B
2023 8 7,469 $1.4B
2024 8 7,268 $1.4B

Nearby 401(k) Plans in California

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

Silgan Retirement Savings Plan for Hourly Employees vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Silgan Retirement Savings Plan for Hourly Employees, Total assets ($B): 0.244984569 · Participants: 3435Silgan Retirement Savings Plan for Hourly EmployeesWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Silgan Retirement Savings Plan for Hourly Employees vs. nearby 401(k) plans in California, assets vs. participants

Silgan Retirement Savings Plan for Hourly Employees's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Organon U.S. Savings Plan in NJ ($245M); by covered participants it is Sewell Automotive Companies 401(k) Retirement Savings Plan in TX (3,436 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,435 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 Silgan Retirement Savings Plan for Hourly Employees assets move in 2023? ▼
Silgan Retirement Savings Plan for Hourly Employees grew at a solid clip - up 11.7% during 2023, from $219M to $245M. Reported net income was $27M.
How have Silgan Containers Manufacturing Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Silgan Containers Manufacturing Corporation's sponsor-wide assets grew 10.4%, from $1.3B to $1.4B.
Where does Silgan Retirement Savings Plan for Hourly Employees rank by assets among Form 5500 filers? ▼
Silgan Retirement Savings Plan for Hourly Employees ranks in the 95th 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 Silgan Retirement Savings Plan for Hourly Employees? ▼
Among 401(k) plans in other states, the closest by assets is Organon U.S. Savings Plan in NJ ($245M, 1,669 participants).
Which 401(k) plans cover a similar participant headcount to Silgan Retirement Savings Plan for Hourly Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Sewell Automotive Companies 401(k) Retirement Savings Plan in TX (3,436 participants, $315M in assets).