401(k) · DOL Form 5500 · 2023

Pelican Products, Inc. 401(k) Plan

Data updated 2026-08-25

$120M
Total assets Near avg plan size
1,088
Participants Near avg headcount
92nd
Percentile by assets National rank
$110,153
Avg per participant Below avg balance/head
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Official DOL plan name: Pelican Products 401(k) Plan · Sponsored by Pelican Products, Inc. · California · Manufacturing

$120M in assets, 1,088 participants

Pelican Products, Inc.'s Pelican Products 401(k) Plan reported $120M in total assets and 1,088 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #16,548 in Manufacturing (18,722 peers)

Where Pelican Products 401(k) Plan sits by assets

Pelican Products 401(k) Plan sits in the top 10% of all filed plans by assets, $120M for 1,088 participants (~$110,153/participant), up 14.6% in 2023.

#16,548
in Manufacturing (18,722 peers)
+14.6%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Pelican Products 401(k) Plan's outsized position by total assets

Pelican Products 401(k) Plan vs every filed plan by assets

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

$119,846,935 Top 8% higher than 92% 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

Pelican Products 401(k) 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. Pelican Products 401(k) Plan lands in the large band (1,088 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pelican Products 401(k) Plan reported net income rose from -$36M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Pelican Products 401(k) Plan reported participants rose from 901 in the plan year 2022 filing to 1,088 in the plan year 2023 filing.
  • Pelican Products 401(k) Plan end-of-year assets rose from $105M in the plan year 2022 filing to $120M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 953259634 · Pelican Products, Inc. PY 2023 · 401(k)

Pelican Products 401(k) Plan · $120M · 1,088 · 92nd

  • PART $120M
  • TYPE 1,088
  • NET 92nd
  • BOOK 401(k)
  • VS-ST near Savings Plan for Hourly Employees of Empire Iron Mining Partnership, Tilden Mining Company,L.C. and the Cleveland-Cliffs Iron Company
  • BOY ind #16548

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 →

Pelican Products 401(k) Plan in the asset neighbourhood

The Shepherd 401(k) Plan$120MPelican Products 401(k) Plan$120MSavings Plan for Hourly Employees of Empire Iron Mining Partnership, Tilden Mining Company,L.C. and the Cleveland-Cliffs Iron CompanySavings Plan for Hourly Empl…$120MAllergy Partners Management LLC Retirement Savings PlanAllergy Partners Management …$120MGroupe Seb Employees' Retirement Income PlanGroupe Seb Employees' Retire…$120M
End-of-year total assets ($M) among Pelican Products 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$105M
Net Assets (End of Year)$120M
Net Income$15M
Employer EIN953259634
Plan Effective Date1973-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Pelican Products, Inc.)

Sponsor-wide plan assets over time

All Pelican Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$132M 26.501278323552786% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $105M $132M ▲ +26.5%
Year Plans Participants Total Assets
2022 1 901 $105M
2023 1 1,088 $120M
2024 1 1,034 $132M

Nearby 401(k) Plans in California

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

Pelican Products 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Pelican Products 401(k) Plan, Total assets ($B): 0.119846935 · Participants: 1088Pelican Products 401(k) PlanWells 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
Pelican Products 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Pelican Products 401(k) Plan side-by-side with 3 peers →

Pelican Products 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Savings Plan for Hourly Employees of Empire Iron Mining Partnership, Tilden Mining Company,L.C. and the Cleveland-Cliffs Iron Company in OH ($120M); by covered participants it is Hhs Human Capital, Inc. 401(k) Plan in TX (1,088 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,088 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 Pelican Products 401(k) Plan assets move in 2023? ▼
Pelican Products 401(k) Plan grew at a solid clip - up 14.6% during 2023, from $105M to $120M. Reported net income was $15M.
How have Pelican Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pelican Products, Inc.'s sponsor-wide assets grew 26.5%, from $105M to $132M.
Where does Pelican Products 401(k) Plan rank by assets among Form 5500 filers? ▼
Pelican Products 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Pelican Products 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Savings Plan for Hourly Employees of Empire Iron Mining Partnership, Tilden Mining Company,L.C. and the Cleveland-Cliffs Iron Company in OH ($120M, 768 participants).
Which 401(k) plans cover a similar participant headcount to Pelican Products 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hhs Human Capital, Inc. 401(k) Plan in TX (1,088 participants, $99M 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 953259634.

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.