401(k) · DOL Form 5500 · 2023

TECOMET 401(k) Plan

Data updated 2026-08-25

$133M
Total assets Near avg plan size
2,949
Participants Above avg headcount
93rd
Percentile by assets National rank
$45,222
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tecomet 401(k) Plan · Sponsored by TECOMET · Massachusetts · Manufacturing

$133M in assets, 2,949 participants

TECOMET's Tecomet 401(k) Plan reported $133M in total assets and 2,949 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,709 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Tecomet 401(k) Plan covers 2,949 participants in Massachusetts, 4.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $133M.

#16,709
in Manufacturing (18,722 peers)
+7.8%
assets growth YoY
1.3×
vs typical plan assets (national mean)

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

Tecomet 401(k) Plan vs every filed plan by assets

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

$133,359,790 Top 7% higher than 93% 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

Tecomet 401(k) 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. Tecomet 401(k) Plan lands in the large band (2,949 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tecomet 401(k) Plan reported net income rose from -$28M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Tecomet 401(k) Plan end-of-year assets rose from $124M in the plan year 2022 filing to $133M in the plan year 2023 filing.
  • Tecomet 401(k) Plan reported participants rose from 2,903 in the plan year 2022 filing to 2,949 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 043004131 · TECOMET PY 2023 · 401(k)

Tecomet 401(k) Plan · $133M · 2,949 · 93rd

  • TYPE $133M
  • TYPE 2,949
  • TYPE 93rd
  • TYPE 401(k)
  • TYPE near Big 5 Sporting Goods Savings and Profit Sharing Plan
  • TYPE ind #16709

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 Massachusetts →

Tecomet 401(k) Plan in the asset neighbourhood

Mcglinchey Stafford, PLLC Retirement Savings PlanMcglinchey Stafford, PLLC Re…$133MTecomet 401(k) Plan$133MBig 5 Sporting Goods Savings and Profit Sharing PlanBig 5 Sporting Goods Savings…$133MCountrymark Savings Plan$133MMetallus Inc. Voluntary Investment Pension PlanMetallus Inc. Voluntary Inve…$133M
End-of-year total assets ($M) among Tecomet 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$124M
Net Assets (End of Year)$133M
Net Income$10M
Employer EIN043004131
Plan Effective Date2008-09-29
Filing StatusFILING RECEIVED

Sponsor Plan History (TECOMET)

Sponsor-wide plan assets over time

All TECOMET plans reported in each filing year

Latest sponsor-wide plan assets
$133M 7.791344596813746% vs 2022
2023 filing year
$120M$125M$130M$135M 20222023 $124M $133M ▲ +7.8%
Year Plans Participants Total Assets
2022 1 2,903 $124M
2023 1 2,949 $133M

Nearby 401(k) Plans in Massachusetts

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

Tecomet 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Tecomet 401(k) Plan, Total assets ($B): 0.13335979 · Participants: 2949Tecomet 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Tecomet 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Tecomet 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Big 5 Sporting Goods Savings and Profit Sharing Plan in CA ($133M); by covered participants it is Pmhg 401(k) Plan in MD (2,949 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($133M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,949 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 Tecomet 401(k) Plan assets move in 2023? ▼
Tecomet 401(k) Plan grew at a solid clip - up 7.8% during 2023, from $124M to $133M. Reported net income was $10M.
How have TECOMET plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), TECOMET's sponsor-wide assets grew 7.8%, from $124M to $133M.
Where does Tecomet 401(k) Plan rank by assets among Form 5500 filers? ▼
Tecomet 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Tecomet 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Big 5 Sporting Goods Savings and Profit Sharing Plan in CA ($133M, 3,102 participants).
Which 401(k) plans cover a similar participant headcount to Tecomet 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pmhg 401(k) Plan in MD (2,949 participants, $23M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043004131.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.