401(k) · DOL Form 5500 · 2023

Hyosung Holdings USA, Inc 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
1,310
Participants Near avg headcount
87th
Percentile by assets National rank
$44,960
Avg per participant Low balance/head
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Official DOL plan name: Hyosung Holdings USA, Inc Savings Plan · Sponsored by Hyosung Holdings USA, Inc · North Carolina · Manufacturing

$59M in assets, 1,310 participants

Hyosung Holdings USA, Inc's Hyosung Holdings USA, Inc Savings Plan reported $59M in total assets and 1,310 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,208 in Manufacturing (18,722 peers)

Where Hyosung Holdings USA, Inc Savings Plan sits by assets

Hyosung Holdings USA, Inc Savings Plan sits in the top quartile of all filed plans by assets, $59M for 1,310 participants (~$44,960/participant), up 19.7% in 2023.

#15,208
in Manufacturing (18,722 peers)
+19.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Hyosung Holdings USA, Inc Savings Plan's outsized position by total assets

Hyosung Holdings USA, Inc Savings Plan vs every filed plan by assets

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

$58,898,149 Top 13% higher than 87% 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

Hyosung Holdings USA, Inc Savings 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. Hyosung Holdings USA, Inc Savings Plan lands in the large band (1,310 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hyosung Holdings USA, Inc Savings Plan reported net income rose from -$7M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Hyosung Holdings USA, Inc Savings Plan end-of-year assets rose from $49M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Hyosung Holdings USA, Inc Savings Plan reported participants rose from 1,253 in the plan year 2022 filing to 1,310 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 611571366 · Hyosung Holdings USA, Inc PY 2023 · 401(k)

Hyosung Holdings USA, Inc Savings Plan · $59M · 1,310 · 87th

  • 5500 $59M
  • ASSETS 1,310
  • PCT 87th
  • EIN 401(k)
  • RANK near Healthcare Associations of California 401(k) Plan
  • PHOTO ind #15208

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 North Carolina →

Hyosung Holdings USA, Inc Savings Plan in the asset neighbourhood

Bfpe International, Inc. 401(k) PlanBfpe International, Inc. 401…$59MOberto Snacks Inc. 401(k) PlanOberto Snacks Inc. 401(k) Pl…$59MHyosung Holdings USA, Inc Savings PlanHyosung Holdings USA, Inc Sa…$59MHealthcare Associations of California 401(k) PlanHealthcare Associations of C…$59MContinental Exchange Solutions, Inc. 401(k) PlanContinental Exchange Solutio…$59M
End-of-year total assets ($M) among Hyosung Holdings USA, Inc Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$59M
Net Income$10M
Employer EIN611571366
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hyosung Holdings USA, Inc)

Sponsor-wide plan assets over time

All Hyosung Holdings USA, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$66M 33.31071246096269% vs 2022
2024 filing year
$45M$50M$55M$60M$65M$70M 202220232024 $49.2M $65.6M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 1,253 $49M
2023 1 1,310 $59M
2024 1 1,345 $66M

Nearby 401(k) Plans in North Carolina

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

Hyosung Holdings USA, Inc Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Hyosung Holdings USA, Inc Savings Plan, Total assets ($B): 0.058898149 · Participants: 1310Hyosung Holdings USA, Inc Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Hyosung Holdings USA, Inc Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Hyosung Holdings USA, Inc Savings Plan side-by-side with 3 peers →

Hyosung Holdings USA, Inc Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Healthcare Associations of California 401(k) Plan in CA ($59M); by covered participants it is The Mcclatchy Company 401(k) Plan in CA (1,310 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($59M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,310 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 Hyosung Holdings USA, Inc Savings Plan assets move in 2023? ▼
Hyosung Holdings USA, Inc Savings Plan grew sharply - up 19.7% during 2023, from $49M to $59M. Reported net income was $10M.
How have Hyosung Holdings USA, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hyosung Holdings USA, Inc's sponsor-wide assets grew 33.3%, from $49M to $66M.
Where does Hyosung Holdings USA, Inc Savings Plan rank by assets among Form 5500 filers? ▼
Hyosung Holdings USA, Inc Savings Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hyosung Holdings USA, Inc Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Healthcare Associations of California 401(k) Plan in CA ($59M, 164 participants).
Which 401(k) plans cover a similar participant headcount to Hyosung Holdings USA, Inc Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Mcclatchy Company 401(k) Plan in CA (1,310 participants, $593M 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 611571366.

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.