401(k) · DOL Form 5500 · 2023

Flsmidth Inc. 401(k) Plan

Data updated 2026-08-11

$341M
Total assets
1,602
Participants
96th
Percentile by assets
$212,944
Avg per participant
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Official DOL plan name: Flsmidth 401(k) Plan Trust · Sponsored by Flsmidth Inc. · Pennsylvania · Professional & Technical Services

$341M in assets, 1,602 participants

Flsmidth Inc.'s Flsmidth 401(k) Plan Trust reported $341M in total assets and 1,602 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)
  • #19,808 in Professional & Technical Services (20,321 peers)

Where Flsmidth 401(k) Plan Trust sits by assets

Flsmidth 401(k) Plan Trust sits in the top 5% of all filed plans by assets, $341M for 1,602 participants (~$212,944/participant), up 14.8% in 2023.

$341M
total plan assets (2023 EOY)
1,602
covered participants
96th
percentile by assets (of 127,072 plans)
$212,944
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Flsmidth 401(k) Plan Trust reported net income rose from -$66M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Flsmidth 401(k) Plan Trust end-of-year assets rose from $297M in the plan year 2022 filing to $341M in the plan year 2023 filing.
  • Flsmidth 401(k) Plan Trust reported participants rose from 1,512 in the plan year 2022 filing to 1,602 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Flsmidth 401(k) Plan Trust vs the 2023 asset distribution

By assets, Flsmidth 401(k) Plan Trust outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$297M
Net Assets (End of Year)$341M
Net Income$44M
Employer EIN230606560
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flsmidth Inc.)

$350M$360M$370M$380M$390M$400M 202220232024 $359M $369M ▲ +2.9%
Total plan assets by year, all Flsmidth Inc. plans on file
Year Plans Participants Total Assets
2022 3 1,629 $359M
2023 3 1,693 $387M
2024 2 1,600 $369M

Nearby 401(k) Plans in Pennsylvania

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

Flsmidth 401(k) Plan Trust vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Flsmidth 401(k) Plan Trust vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Flsmidth 401(k) Plan…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Flsmidth 401(k) Plan Trust vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Flsmidth 401(k) Plan Trust assets move in 2023?
Flsmidth 401(k) Plan Trust grew at a solid clip - up 14.8% during 2023, from $297M to $341M. Reported net income was $44M.
How have Flsmidth Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Flsmidth Inc.'s sponsor-wide assets grew 2.9%, from $359M to $369M.
Where does Flsmidth 401(k) Plan Trust rank by assets among Form 5500 filers?
Flsmidth 401(k) Plan Trust 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 Flsmidth 401(k) Plan Trust?
Among 401(k) plans in other states, the closest by assets is Burr & Forman LLP Profit Sharing Plan in AL ($341M, 626 participants).

Scale reading

Ways to act on Flsmidth 401(k) Plan Trust's numbers.