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
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.
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 EIN | 751440225 |
| Plan Effective Date | 1953-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Austin Industries, Inc.)
| 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
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
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:
- Austin Industries Employee Stock Ownership Plan (ESOP, $527M, 7,703 participants)
- Austin Advantage 401(k) Plan (401(k), $351M, 6,789 participants)
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.
- Coorstek LLC Savings and Investment Plan (CO) $320M · 3,798
- Retirement Savings Plan of Newmont (CO) $320M · 1,166
- Freudenberg Companies 401(k) Savings Plan (IL) $320M · 2,100
- Barnes Group Inc. Retirement Savings Plan (CT) $320M · 1,745
Frequently Asked Questions
How did Austin Advantage 401(k) Plan assets move in 2023? ▼
How have Austin Industries, Inc. plan assets changed over time? ▼
Where does Austin Advantage 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Austin Advantage 401(k) Plan? ▼
Next read for Austin Advantage 401(k) Plan
Filing takeaways
Ways to act on Austin Advantage 401(k) Plan's numbers.
- By total assets, Austin Advantage 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Austin Industries, Inc.'s sponsor-wide assets have grown 25.4% since 2022 across 3 plan years on file. More Construction plans