401(k) · DOL Form 5500 · 2023

Hubbell Incorporated 401(k) Plan

Data updated 2026-08-11

$1.2B
Total assets
7,595
Participants
99th
Percentile by assets
$154,243
Avg per participant
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Official DOL plan name: Hubbell Incorporated Employee Savings & Investment Plan · Sponsored by Hubbell Incorporated · Connecticut · Manufacturing

$1.2B in assets, 7,595 participants

Hubbell Incorporated's Hubbell Incorporated Employee Savings & Investment Plan reported $1.2B in total assets and 7,595 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #18,328 in Manufacturing (18,722 peers)

Coverage in Connecticut

Hubbell Incorporated Employee Savings & Investment Plan covers 7,595 participants in Connecticut, 11x the typical Connecticut plan (state average ~718 per filing). Assets: $1.2B.

$1.2B
total plan assets (2023 EOY)
7,595
covered participants
99th
percentile by assets (of 127,072 plans)
$154,243
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hubbell Incorporated Employee Savings & Investment Plan reported net income rose from -$239M in the plan year 2022 filing to $173M in the plan year 2023 filing.
  • Hubbell Incorporated Employee Savings & Investment Plan end-of-year assets rose from $998M in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Hubbell Incorporated Employee Savings & Investment Plan reported participants rose from 7,315 in the plan year 2022 filing to 7,595 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. Hubbell Incorporated Employee Savings & Investment Plan reports 7,595 participants - 11x that state average ($1.2B EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$998M
Net Assets (End of Year)$1.2B
Net Income$173M
Employer EIN060397030
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hubbell Incorporated)

$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.49B $1.75B ▲ +17.4%
Total plan assets by year, all Hubbell Incorporated plans on file
Year Plans Participants Total Assets
2022 4 11,361 $1.5B
2023 4 10,580 $1.7B
2024 4 11,525 $1.7B

Nearby 401(k) Plans in Connecticut

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

Hubbell Incorporated Employee Savings & Investment Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Hubbell Incorporated Employee Savings & Investment Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -200204060 Total assets ($B) Participants Hubbell Incorporated…Rtx Savings PlanCiti Retirement Savi…The Hartford Investm…Xerox Corporation Sa…Eversource 401(k) Plan
Hubbell Incorporated Employee Savings & Investment Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Scale composition for Hubbell Incorporated Employee Savings & Investment Plan

Hubbell Incorporated Employee Savings & Investment Plan reports $1.2B in end-of-year assets across 7,595 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $154,243 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $173M.

This plan identity (EIN 060397030, plan #060) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $998M to $1.2B (+24.3%) while covered participants moved from 7,315 to 8,548 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,315 $998M Open filing
2023 7,595 $1.2B This page
2024 · index core 8,548 $1.2B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hubbell Incorporated Employee Savings & Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Hubbell Incorporated Employee Savings & Investment Plan assets move in 2023?
Hubbell Incorporated Employee Savings & Investment Plan grew sharply - up 17.4% during 2023, from $998M to $1.2B. Reported net income was $173M.
How have Hubbell Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Hubbell Incorporated's sponsor-wide assets grew 17.4%, from $1.5B to $1.7B.
Where does Hubbell Incorporated Employee Savings & Investment Plan rank by assets among Form 5500 filers?
Hubbell Incorporated Employee Savings & Investment Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Hubbell Incorporated Employee Savings & Investment Plan?
Among 401(k) plans in other states, the closest by assets is Viasat, Inc. 401(k) Profit Sharing Plan in CA ($1.2B, 5,130 participants).

Next read for Hubbell Incorporated Employee Savings & …

Filing takeaways

Ways to act on Hubbell Incorporated Employee Savings & Investment Plan's numbers.

  • By total assets, Hubbell Incorporated Employee Savings & Investment Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • Hubbell Incorporated's sponsor-wide assets have grown 17.4% since 2022 across 3 plan years on file. More Manufacturing plans