401(k) · DOL Form 5500 · 2023

Austin Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$320M
Total assets
6,724
Participants
96th
Percentile by assets
$47,555
Avg per participant
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Official DOL plan name: Austin Advantage 401(k) Plan · Sponsored by Austin Industries, Inc. · Texas · Construction

$320M in assets, 6,724 participants

Austin Industries, Inc.'s Austin Advantage 401(k) Plan reported $320M in total assets and 6,724 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,641 in Construction (9,030 peers)

Coverage in Texas

Austin Advantage 401(k) Plan covers 6,724 participants in Texas, 9.8x the typical Texas plan (state average ~688 per filing). Assets: $320M.

$320M
total plan assets (2023 EOY)
6,724
covered participants
96th
percentile by assets (of 127,072 plans)
$47,555
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Austin Advantage 401(k) Plan reported net income rose from -$60M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Austin Advantage 401(k) Plan end-of-year assets rose from $279M in the plan year 2022 filing to $320M in the plan year 2023 filing.
  • Austin Advantage 401(k) Plan reported participants fell from 6,893 in the plan year 2022 filing to 6,724 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Austin Advantage 401(k) Plan reports 6,724 participants - 9.8x that state average ($320M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$279M
Net Assets (End of Year)$320M
Net Income$41M
Employer EIN751440225
Plan Effective Date1953-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Austin Industries, Inc.)

$600M$700M$800M$900M 202220232024 $700M $878M ▲ +25.4%
Total plan assets by year, all Austin Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 2 12,218 $700M
2023 2 11,234 $818M
2024 2 14,492 $878M

Nearby 401(k) Plans in Texas

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

Austin Advantage 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Austin Advantage 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Austin Advantage 401…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Austin Advantage 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Austin Advantage 401(k) Plan

Austin Advantage 401(k) Plan reports $320M in end-of-year assets across 6,724 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $47,555 per participant (34% of the national average assets-per-participant) . Net income for plan year 2023 was $41M.

This plan identity (EIN 751440225, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $279M to $351M (+26.0%) while covered participants moved from 6,893 to 6,789 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,893 $279M Open filing
2023 6,724 $320M This page
2024 · index core 6,789 $351M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Austin Advantage 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Austin Advantage 401(k) Plan assets move in 2023?
Austin Advantage 401(k) Plan grew at a solid clip - up 14.8% during 2023, from $279M to $320M. Reported net income was $41M.
How have Austin Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Austin Industries, Inc.'s sponsor-wide assets grew 25.4%, from $700M to $878M.
Where does Austin Advantage 401(k) Plan rank by assets among Form 5500 filers?
Austin Advantage 401(k) Plan ranks in the 96th 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 Austin Advantage 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Coorstek LLC Savings and Investment Plan in CO ($320M, 3,798 participants).

Next read for Austin Advantage 401(k) Plan

Filing takeaways

Ways to act on Austin Advantage 401(k) Plan's numbers.