401(k) · DOL Form 5500 · 2023

Tecnico Corporation 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
603
Participants Below avg headcount
80th
Percentile by assets National rank
$53,118
Avg per participant Low balance/head
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Official DOL plan name: Tecnico Corporation 401(k) Plan · Sponsored by Tecnico Corporation · Virginia · Manufacturing

$32M in assets, 603 participants

Tecnico Corporation's Tecnico Corporation 401(k) Plan reported $32M in total assets and 603 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,518 in Manufacturing (18,722 peers)

Where Tecnico Corporation 401(k) Plan sits by assets

Tecnico Corporation 401(k) Plan sits in the top quartile of all filed plans by assets, $32M for 603 participants (~$53,118/participant), up 9.3% in 2023.

#13,518
in Manufacturing (18,722 peers)
+9.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Tecnico Corporation 401(k) Plan's outsized position by total assets

Tecnico Corporation 401(k) Plan vs every filed plan by assets

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

$32,030,410 Top 20% higher than 80% 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

Tecnico Corporation 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. Tecnico Corporation 401(k) Plan sits mid-pack in the medium band (603 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tecnico Corporation 401(k) Plan reported net income rose from -$8M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Tecnico Corporation 401(k) Plan reported participants fell from 683 in the plan year 2022 filing to 603 in the plan year 2023 filing.
  • Tecnico Corporation 401(k) Plan end-of-year assets rose from $29M in the plan year 2022 filing to $32M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 541571418 · Tecnico Corporation PY 2023 · 401(k)

Tecnico Corporation 401(k) Plan · $32M · 603 · 80th

  • BOY $32M
  • SCH 603
  • EBSA 80th
  • PART 401(k)
  • TYPE near Raleigh Medical Group, P.a. 401(k) Profit Sharing Plan
  • NET ind #13518

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 Virginia →

Tecnico Corporation 401(k) Plan in the asset neighbourhood

Tecnico Corporation 401(k) PlanTecnico Corporation 401(k) P…$32MRaleigh Medical Group, P.a. 401(k) Profit Sharing PlanRaleigh Medical Group, P.a. …$32MFoulger-Pratt Companies 401(k) PlanFoulger-Pratt Companies 401(…$32MGunderson Marine 401(k) Retirement Savings PlanGunderson Marine 401(k) Reti…$32MRuss Darrow Group, Inc. 401(k) Savings PlanRuss Darrow Group, Inc. 401(…$32M
End-of-year total assets ($M) among Tecnico Corporation 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)$29M
Net Assets (End of Year)$32M
Net Income$2M
Employer EIN541571418
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tecnico Corporation)

Sponsor-wide plan assets over time

All Tecnico Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$124M 9.841189397157033% vs 2022
2024 filing year
$110M$120M$130M$140M 202220232024 $113M $124M ▲ +9.8%
Year Plans Participants Total Assets
2022 2 1,291 $113M
2023 2 1,136 $129M
2024 2 1,091 $124M

Nearby 401(k) Plans in Virginia

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

Tecnico Corporation 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Tecnico Corporation 401(k) Plan, Total assets ($B): 0.03203041 · Participants: 603Tecnico Corporation 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Tecnico Corporation 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Tecnico Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Raleigh Medical Group, P.a. 401(k) Profit Sharing Plan in NC ($32M); by covered participants it is Metrolina Greenhouses, Inc. Profit Sharing Plan in NC (603 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (603 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 Tecnico Corporation 401(k) Plan assets move in 2023?
Tecnico Corporation 401(k) Plan grew at a solid clip - up 9.3% during 2023, from $29M to $32M. Reported net income was $2M.
How have Tecnico Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Tecnico Corporation's sponsor-wide assets grew 9.8%, from $113M to $124M.
Where does Tecnico Corporation 401(k) Plan rank by assets among Form 5500 filers?
Tecnico Corporation 401(k) Plan ranks in the 80th 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 Tecnico Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Raleigh Medical Group, P.a. 401(k) Profit Sharing Plan in NC ($32M, 266 participants).
Which 401(k) plans cover a similar participant headcount to Tecnico Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Metrolina Greenhouses, Inc. Profit Sharing Plan in NC (603 participants, $63M in assets).