401(k) · DOL Form 5500 · 2023

The Cannon Corporation 401(k) Plan

Data updated 2026-08-11

$227M
Total assets
1,151
Participants
95th
Percentile by assets
$196,837
Avg per participant
PlainRetire home → About this data

Official DOL plan name: The Cannon Corporation 401(k) Plan · Sponsored by The Cannon Corporation · New York · Professional & Technical Services

$227M in assets, 1,151 participants

The Cannon Corporation's The Cannon Corporation 401(k) Plan reported $227M in total assets and 1,151 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)
  • #19,574 in Professional & Technical Services (20,321 peers)

Where The Cannon Corporation 401(k) Plan sits by assets

The Cannon Corporation 401(k) Plan sits in the top 5% of all filed plans by assets, $227M for 1,151 participants (~$196,837/participant), up 20.2% in 2023.

$227M
total plan assets (2023 EOY)
1,151
covered participants
95th
percentile by assets (of 127,072 plans)
$196,837
avg assets per participant

Where The Cannon Corporation 401(k) Plan sits by total assets

The Cannon Corporation 401(k) Plan vs every filed plan by assets

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

$226,559,165 Top 5% higher than 95% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Cannon Corporation 401(k) Plan reported net income rose from -$42M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • The Cannon Corporation 401(k) Plan end-of-year assets rose from $189M in the plan year 2022 filing to $227M in the plan year 2023 filing.
  • The Cannon Corporation 401(k) Plan reported participants rose from 1,067 in the plan year 2022 filing to 1,151 in the plan year 2023 filing.

See the national 2022→2023 release diff →

The Cannon Corporation 401(k) Plan vs the 2023 asset distribution

By assets, The Cannon Corporation 401(k) Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$189M
Net Assets (End of Year)$227M
Net Income$38M
Employer EIN160698950
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cannon Corporation)

$150M$200M$250M$300M 202220232024 $189M $274M ▲ +45.1%
Total plan assets by year, all The Cannon Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,067 $189M
2023 1 1,151 $227M
2024 1 1,151 $274M

Nearby 401(k) Plans in New York

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

The Cannon Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

The Cannon Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Cannon Corporati…IBM 401 (K) Plus PlanPfizer Savings PlanMorgan Stanley 401(k…The Pepsico Savings …The Goldman Sachs 40…
The Cannon Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Cannon Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did The Cannon Corporation 401(k) Plan assets move in 2023?
The Cannon Corporation 401(k) Plan grew sharply - up 20.2% during 2023, from $189M to $227M. Reported net income was $38M.
How have The Cannon Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Cannon Corporation's sponsor-wide assets grew 45.1%, from $189M to $274M.
Where does The Cannon Corporation 401(k) Plan rank by assets among Form 5500 filers?
The Cannon Corporation 401(k) Plan 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 The Cannon Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Corient Services LLC 401(k) Plan in FL ($227M, 922 participants).

Scale reading

Ways to act on The Cannon Corporation 401(k) Plan's numbers.