401(k) · DOL Form 5500 · 2023

Gentex Corporation 401(k) Plan

Data updated 2026-08-25

$423M
Total assets Above avg plan size
5,033
Participants Above avg headcount
97th
Percentile by assets National rank
$84,106
Avg per participant Below avg balance/head
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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.

  • #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.

#17,835
in Manufacturing (18,722 peers)
+24.4%
assets growth YoY
4.2×
vs typical plan assets (national mean)

Gentex Corporation Retirement Savings Plan's outsized position by total assets

Gentex Corporation Retirement Savings Plan vs every filed plan by assets

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

$423,307,620 Top 3% higher than 97% 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

Gentex Corporation Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gentex Corporation Retirement Savings Plan lands in the large band (5,033 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 382030505 · Gentex Corporation PY 2023 · 401(k)

Gentex Corporation Retirement Savings Plan · $423M · 5,033 · 97th

  • 5500 $423M
  • ASSETS 5,033
  • PCT 97th
  • EIN 401(k)
  • RANK near Rivian, LLC 401(k) Plan
  • PHOTO ind #17835

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 Michigan →

Gentex Corporation Retirement Savings Plan in the asset neighbourhood

Gentex Corporation Retirement Savings PlanGentex Corporation Retiremen…$423MRivian, LLC 401(k) Plan$423MHere North America, LLC Retirement Savings and Investment PlanHere North America, LLC Reti…$423MRite-Hite Retirement Savings PlanRite-Hite Retirement Savings…$423MAlkermes, Inc. 401(k) Retirement Savings PlanAlkermes, Inc. 401(k) Retire…$423M
End-of-year total assets ($M) among Gentex Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$340M
Net Assets (End of Year)$423M
Net Income$83M
Employer EIN382030505
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gentex Corporation)

Sponsor-wide plan assets over time

All Gentex Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$510M 49.72387680179536% vs 2022
2024 filing year
$300M$400M$500M$600M 202220232024 $340M $510M ▲ +49.7%
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 Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Gentex Corporation Retirement Savings Plan, Total assets ($B): 0.42330762 · Participants: 5033Gentex Corporation Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Gentex Corporation Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Rivian, LLC 401(k) Plan in CA ($423M); by covered participants it is Nationstar Mortgage 401(k) Retirement Plan in TX (5,032 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($423M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,033 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 Gentex Corporation Retirement Savings Plan assets move in 2023? ▼
Gentex Corporation Retirement Savings Plan grew sharply - up 24.4% during 2023, from $340M to $423M. Reported net income was $83M.
How have Gentex Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gentex Corporation's sponsor-wide assets grew 49.7%, from $340M to $510M.
Where does Gentex Corporation Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Gentex Corporation Retirement Savings Plan ranks in the 97th 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 Gentex Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rivian, LLC 401(k) Plan in CA ($423M, 13,961 participants).
Which 401(k) plans cover a similar participant headcount to Gentex Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nationstar Mortgage 401(k) Retirement Plan in TX (5,032 participants, $529M in assets).