401(k) · DOL Form 5500 · 2023

Silgan Containers Manufacturing Corporation 401(k) Plan

Data updated 2026-08-11

$245M
Total assets
3,435
Participants
95th
Percentile by assets
$71,320
Avg per participant
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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.

  • 95th percentile by assets (of 127,072 plans)
  • #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.

$245M
total plan assets (2023 EOY)
3,435
covered participants
95th
percentile by assets (of 127,072 plans)
$71,320
avg assets per participant

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 →

State
California
Industry
Manufacturing

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Silgan Retirement Savings Plan for Hourly Employees reports 3,435 participants - 5.5x that state average ($245M EOY assets).

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)

$1.2B$1.25B$1.3B$1.35B$1.4B 202220232024 $1.25B $1.38B ▲ +10.4%
Total plan assets by year, all Silgan Containers Manufacturing Corporation plans on file
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

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 Sa…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Silgan Retirement Savings Plan for Hourly Employees vs. nearby 401(k) plans in California, assets vs. participants
Compare Silgan Retirement Savings Plan for Hourl… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Silgan Retirement Savings Plan for Hourly Employees by total assets, not by location.

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).

Next read for Silgan Retirement Savings Plan for Hourl…

Filing takeaways

Ways to act on Silgan Retirement Savings Plan for Hourly Employees's numbers.

  • By total assets, Silgan Retirement Savings Plan for Hourly Employees 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 California. Compare plans
  • Silgan Containers Manufacturing Corporation's sponsor-wide assets have grown 10.4% since 2022 across 3 plan years on file. More Manufacturing plans

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 061502009.

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.