401(k)
2023 plan-year 401(k) DOL Form 5500

Silgan Retirement Savings Plan for Hourly Employees

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Silgan Containers Manufacturing Corporation ยท California ยท Manufacturing

What the 2023 filing shows

Silgan Retirement Savings Plan for Hourly Employees holds $245M for 3,435 participants - about $71,320 per participant, up 11.7% over the 2023 plan year.

$245M
total plan assets (2023 EOY)
3,435
covered participants
$71,320
avg assets per participant
+11.7%
assets growth YoY
Total Assets (2023)
$245M
Participants
3,435
State
Industry
Manufacturing

What the Filing Says About Silgan Retirement Savings Plan for Hourly Employees

Silgan Retirement Savings Plan for Hourly Employees is a 401(k) retirement plan sponsored by Silgan Containers Manufacturing Corporation, headquartered in California. As of the 2023 Form 5500 filing, the plan reports $245M in total end-of-year assets and covers 3,435 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 061502009, and the plan has been effective since 1993-12-21. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $219M at the beginning of 2023 to $245M at year-end โ€” a gain of 11.7%. Net assets (after liabilities) closed the year at $245M, with reported net income of $27M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$219M
Total Assets (End of Year)$245M
Net Assets (End of Year)$245M
Net Income$27M
Plan Type401(k)
Employer EIN061502009
Plan Effective Date1993-12-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Silgan Containers Manufacturing Corporation)

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 โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Silgan Retirement Savings Plan for Hourly Employees?
As of the 2023 Form 5500 filing, Silgan Retirement Savings Plan for Hourly Employees holds $245M in total assets with 3,435 participants. It is sponsored by Silgan Containers Manufacturing Corporation.
What type of plan is Silgan Retirement Savings Plan for Hourly Employees?
Silgan Retirement Savings Plan for Hourly Employees is a 401(k) plan. It has been effective since 1993-12-21. The plan is filed with the U.S. Department of Labor under EIN 061502009.
Who sponsors the Silgan Retirement Savings Plan for Hourly Employees?
Silgan Retirement Savings Plan for Hourly Employees is sponsored by Silgan Containers Manufacturing Corporation, located in California. The sponsor's EIN is 061502009 and the plan operates in the Manufacturing industry.
How did Silgan Retirement Savings Plan for Hourly Employees perform in 2023?
Silgan Retirement Savings Plan for Hourly Employees grew by 11.7% during 2023, moving from $219M to $245M in total assets. Net income was $27M.
Where can I find official filings for Silgan Retirement Savings Plan for Hourly Employees?
Official Form 5500 filings for Silgan Retirement Savings Plan for Hourly Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 061502009 or plan name at efast.dol.gov.
How does Silgan Retirement Savings Plan for Hourly Employees compare to other plans?
You can compare Silgan Retirement Savings Plan for Hourly Employees against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 061502009.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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