401(k) · DOL Form 5500 · 2023

Digi-Key Corporation 401(k) Plan

Data updated 2026-08-25

$444M
Total assets Above avg plan size
4,036
Participants Above avg headcount
97th
Percentile by assets National rank
$109,961
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Digi-Key Corporation 401(k) Profit Sharing Plan · Sponsored by Digi-Key Corporation · Minnesota · Wholesale Trade

$444M in assets, 4,036 participants

Digi-Key Corporation's Digi-Key Corporation 401(k) Profit Sharing Plan reported $444M in total assets and 4,036 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #6,198 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Digi-Key Corporation 401(k) Profit Sharing Plan covers 4,036 participants in Minnesota, 3.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $444M.

#6,198
in Wholesale Trade (6,309 peers)
+19.2%
assets growth YoY
4.5×
vs typical plan assets (national mean)

Digi-Key Corporation 401(k) Profit Sharing Plan's outsized position by total assets

Digi-Key Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$443,800,751 Top 3% higher than 97% 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

Digi-Key Corporation 401(k) Profit Sharing Plan'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. Digi-Key Corporation 401(k) Profit Sharing Plan lands in the large band (4,036 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Digi-Key Corporation 401(k) Profit Sharing Plan reported net income rose from -$45M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Digi-Key Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $372M in the plan year 2022 filing to $444M in the plan year 2023 filing.
  • Digi-Key Corporation 401(k) Profit Sharing Plan reported participants fell from 4,252 in the plan year 2022 filing to 4,036 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411234968 · Digi-Key Corporation PY 2023 · 401(k)

Digi-Key Corporation 401(k) Profit Sharing Plan · $444M · 4,036 · 97th

  • TYPE $444M
  • TYPE 4,036
  • TYPE 97th
  • TYPE 401(k)
  • TYPE near Huntington Ingalls Industries Financial Security and Savings Program
  • TYPE ind #6198

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Digi-Key Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Amcor Rigid Packaging Savings and Investment PlanAmcor Rigid Packaging Saving…$445MSchenker, Inc. 401(k) Savings and Investment PlanSchenker, Inc. 401(k) Saving…$444MDigi-Key Corporation 401(k) Profit Sharing PlanDigi-Key Corporation 401(k) …$444MHuntington Ingalls Industries Financial Security and Savings ProgramHuntington Ingalls Industrie…$444MNcci Holdings, Inc. 401(k) Savings PlanNcci Holdings, Inc. 401(k) S…$443M
End-of-year total assets ($M) among Digi-Key Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$372M
Net Assets (End of Year)$444M
Net Income$71M
Employer EIN411234968
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Digi-Key Corporation)

Sponsor-wide plan assets over time

All Digi-Key Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$491M 31.80111687271172% vs 2022
2024 filing year
$350M$400M$450M$500M$550M 202220232024 $372M $491M ▲ +31.8%
Year Plans Participants Total Assets
2022 1 4,252 $372M
2023 1 4,036 $444M
2024 1 3,993 $491M

Nearby 401(k) Plans in Minnesota

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

Digi-Key Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Digi-Key Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.443800751 · Participants: 4036Digi-Key Corporation 401(k) Profit Sharing PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Digi-Key Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Digi-Key Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

Digi-Key Corporation 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Huntington Ingalls Industries Financial Security and Savings Program in VA ($444M); by covered participants it is Strategic Education, Inc. 401(k) Plan in VA (4,036 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,036 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 Digi-Key Corporation 401(k) Profit Sharing Plan assets move in 2023? ▼
Digi-Key Corporation 401(k) Profit Sharing Plan grew sharply - up 19.2% during 2023, from $372M to $444M. Reported net income was $71M.
How have Digi-Key Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Digi-Key Corporation's sponsor-wide assets grew 31.8%, from $372M to $491M.
Where does Digi-Key Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Digi-Key Corporation 401(k) Profit Sharing Plan ranks in the 97th 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 Digi-Key Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Huntington Ingalls Industries Financial Security and Savings Program in VA ($444M, 9,192 participants).
Which 401(k) plans cover a similar participant headcount to Digi-Key Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Strategic Education, Inc. 401(k) Plan in VA (4,036 participants, $364M 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 411234968.

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.