401(k) · DOL Form 5500 · 2023

Hy-Tek Material Handling, LLC 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
589
Participants Below avg headcount
85th
Percentile by assets National rank
$84,645
Avg per participant Below avg balance/head
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Official DOL plan name: Hy-Tek Material Handling, LLC 401(k) Plan · Sponsored by Hy-Tek Material Handling, LLC · Ohio · Wholesale Trade

$50M in assets, 589 participants

Hy-Tek Material Handling, LLC's Hy-Tek Material Handling, LLC 401(k) Plan reported $50M in total assets and 589 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #5,472 in Wholesale Trade (6,309 peers)

Where Hy-Tek Material Handling, LLC 401(k) Plan sits by assets

Hy-Tek Material Handling, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $50M for 589 participants (~$84,645/participant), up 13.9% in 2023.

#5,472
in Wholesale Trade (6,309 peers)
+13.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Hy-Tek Material Handling, LLC 401(k) Plan's outsized position by total assets

Hy-Tek Material Handling, LLC 401(k) Plan vs every filed plan by assets

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

$49,855,796 Top 15% higher than 85% 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

Hy-Tek Material Handling, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hy-Tek Material Handling, LLC 401(k) Plan sits mid-pack in the medium band (589 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hy-Tek Material Handling, LLC 401(k) Plan reported net income rose from -$962K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Hy-Tek Material Handling, LLC 401(k) Plan end-of-year assets rose from $44M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • Hy-Tek Material Handling, LLC 401(k) Plan reported participants rose from 529 in the plan year 2022 filing to 589 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 311277283 · Hy-Tek Material Handling, LLC PY 2023 · 401(k)

Hy-Tek Material Handling, LLC 401(k) Plan · $50M · 589 · 85th

  • PART $50M
  • PART 589
  • PART 85th
  • PART 401(k)
  • PART near Forddirect Retirement Savings Plan
  • PART ind #5472

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 Ohio →

Hy-Tek Material Handling, LLC 401(k) Plan in the asset neighbourhood

Forddirect Retirement Savings PlanForddirect Retirement Saving…$50MWashington Township Medical Group, Inc. 401(k) PlanWashington Township Medical …$50MMclaren Employees' 401(k) Retirement PlanMclaren Employees' 401(k) Re…$50MHy-Tek Material Handling, LLC 401(k) PlanHy-Tek Material Handling, LL…$50MKbc Bank N.V. Savings and Investment PlanKbc Bank N.V. Savings and In…$50M
End-of-year total assets ($M) among Hy-Tek Material Handling, LLC 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)$44M
Net Assets (End of Year)$50M
Net Income$5M
Employer EIN311277283
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hy-Tek Material Handling, LLC)

Sponsor-wide plan assets over time

All Hy-Tek Material Handling, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$48M 9.840571366092306% vs 2022
2024 filing year
$42M$44M$46M$48M$50M$52M 202220232024 $43.8M $48.1M ▲ +9.8%
Year Plans Participants Total Assets
2022 2 529 $44M
2023 1 589 $50M
2024 1 422 $48M

Nearby 401(k) Plans in Ohio

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

Hy-Tek Material Handling, LLC 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Hy-Tek Material Handling, LLC 401(k) Plan, Total assets ($B): 0.049855796 · Participants: 589Hy-Tek Material Handling, LLC 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Hy-Tek Material Handling, LLC 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Hy-Tek Material Handling, LLC 401(k) Plan side-by-side with 3 peers →

Hy-Tek Material Handling, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Forddirect Retirement Savings Plan in MI ($50M); by covered participants it is The Smead Manufacturing Company Employees' Investment Plan and Trust in MN (589 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (589 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 Hy-Tek Material Handling, LLC 401(k) Plan assets move in 2023? ▼
Hy-Tek Material Handling, LLC 401(k) Plan grew at a solid clip - up 13.9% during 2023, from $44M to $50M. Reported net income was $5M.
How have Hy-Tek Material Handling, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hy-Tek Material Handling, LLC's sponsor-wide assets grew 9.8%, from $44M to $48M.
Where does Hy-Tek Material Handling, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Hy-Tek Material Handling, LLC 401(k) Plan ranks in the 85th 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 Hy-Tek Material Handling, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Forddirect Retirement Savings Plan in MI ($50M, 317 participants).
Which 401(k) plans cover a similar participant headcount to Hy-Tek Material Handling, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Smead Manufacturing Company Employees' Investment Plan and Trust in MN (589 participants, $118M 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 311277283.

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.