401(k) · DOL Form 5500 · 2023

Agco Corporation 401(k) Plan

Data updated 2026-08-11

$678M
Total assets
4,541
Participants
98th
Percentile by assets
$149,327
Avg per participant
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Official DOL plan name: Agco Corporation Savings Plan · Sponsored by Agco Corporation · Georgia · Manufacturing

$678M in assets, 4,541 participants

Agco Corporation's Agco Corporation Savings Plan reported $678M in total assets and 4,541 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,104 in Manufacturing (18,722 peers)

Coverage in Georgia

Agco Corporation Savings Plan covers 4,541 participants in Georgia, 4.1x the typical Georgia plan (state average ~1,096 per filing). Assets: $678M.

$678M
total plan assets (2023 EOY)
4,541
covered participants
98th
percentile by assets (of 127,072 plans)
$149,327
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Agco Corporation Savings Plan reported net income rose from -$114M in the plan year 2022 filing to $108M in the plan year 2023 filing.
  • Agco Corporation Savings Plan end-of-year assets rose from $559M in the plan year 2022 filing to $678M in the plan year 2023 filing.
  • Agco Corporation Savings Plan reported participants rose from 4,080 in the plan year 2022 filing to 4,541 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Agco Corporation Savings Plan reports 4,541 participants - 4.1x that state average ($678M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$559M
Net Assets (End of Year)$678M
Net Income$108M
Employer EIN581960019
Plan Effective Date1985-05-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Agco Corporation)

$600M$700M$800M$900M$1,000M 202220232024 $695M $884M ▲ +27.1%
Total plan assets by year, all Agco Corporation plans on file
Year Plans Participants Total Assets
2022 4 4,840 $695M
2023 4 5,358 $800M
2024 3 5,881 $884M

Nearby 401(k) Plans in Georgia

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

Agco Corporation Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Agco Corporation Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Agco Corporation Sav…The Teamster - UPS N…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401(k) Savings P…The Home Depot Futur…
Agco Corporation Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Agco Corporation Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Agco Corporation Savings Plan assets move in 2023?
Agco Corporation Savings Plan grew sharply - up 21.3% during 2023, from $559M to $678M. Reported net income was $108M.
How have Agco Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Agco Corporation's sponsor-wide assets grew 27.1%, from $695M to $884M.
Where does Agco Corporation Savings Plan rank by assets among Form 5500 filers?
Agco Corporation Savings Plan ranks in the 98th 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 Agco Corporation Savings Plan?
Among 401(k) plans in other states, the closest by assets is Gerdau Ameristeel US 401(k) Retirement Plan in FL ($678M, 3,213 participants).

Next read for Agco Corporation Savings Plan

Filing takeaways

Ways to act on Agco Corporation Savings Plan's numbers.