401(k) · DOL Form 5500 · 2023
Gentex Corporation 401(k) Plan
Data updated 2026-08-11
- $423M
- Total assets
- 5,033
- Participants
- 97th
- Percentile by assets
- $84,106
- Avg per participant
Official DOL plan name: Gentex Corporation Retirement Savings Plan · Sponsored by Gentex Corporation · Michigan · Manufacturing
$423M in assets, 5,033 participants
Gentex Corporation's Gentex Corporation Retirement Savings Plan reported $423M in total assets and 5,033 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 127,072 plans)
- #17,835 in Manufacturing (18,722 peers)
Coverage in Michigan
Gentex Corporation Retirement Savings Plan covers 5,033 participants in Michigan, 7.9x the typical Michigan plan (state average ~638 per filing). Assets: $423M.
- $423M
- total plan assets (2023 EOY)
- 5,033
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $84,106
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Gentex Corporation Retirement Savings Plan reported net income rose from -$70M in the plan year 2022 filing to $83M in the plan year 2023 filing.
- Gentex Corporation Retirement Savings Plan end-of-year assets rose from $340M in the plan year 2022 filing to $423M in the plan year 2023 filing.
- Gentex Corporation Retirement Savings Plan reported participants rose from 4,732 in the plan year 2022 filing to 5,033 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Gentex Corporation Retirement Savings Plan reports 5,033 participants - 7.9x that state average ($423M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $340M |
|---|---|
| Net Assets (End of Year) | $423M |
| Net Income | $83M |
| Employer EIN | 382030505 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gentex Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,732 | $340M |
| 2023 | 1 | 5,033 | $423M |
| 2024 | 1 | 5,880 | $510M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Gentex Corporation Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Scale composition for Gentex Corporation Retirement Savings Plan
Gentex Corporation Retirement Savings Plan reports $423M in end-of-year assets across 5,033 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $84,106 per participant (61% of the national average assets-per-participant) . Net income for plan year 2023 was $83M.
This plan identity (EIN 382030505, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $340M to $510M (+49.7%) while covered participants moved from 4,732 to 5,880 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,732 | $340M | Open filing |
| 2023 | 5,033 | $423M | This page |
| 2024 · index core | 5,880 | $510M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Gentex Corporation Retirement Savings Plan (401(k), $510M, 5,880 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Gentex Corporation Retirement Savings Plan by total assets, not by location.
- Rivian, LLC 401(k) Plan (CA) $423M · 13,961
- Here North America, LLC Retirement Savings and Investment Plan (IL) $423M · 903
- Rite-Hite Retirement Savings Plan (WI) $423M · 2,054
- Alkermes, Inc. 401(k) Retirement Savings Plan (MA) $423M · 1,808
Frequently Asked Questions
How did Gentex Corporation Retirement Savings Plan assets move in 2023? ▼
How have Gentex Corporation plan assets changed over time? ▼
Where does Gentex Corporation Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Gentex Corporation Retirement Savings Plan? ▼
Next read for Gentex Corporation Retirement Savings Pl…
Filing takeaways
Ways to act on Gentex Corporation Retirement Savings Plan's numbers.
- By total assets, Gentex Corporation Retirement Savings 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 Michigan. Compare plans
- Gentex Corporation's sponsor-wide assets have grown 49.7% since 2022 across 3 plan years on file. More Manufacturing plans