401(k) · DOL Form 5500 · 2023
TECOMET 401(k) Plan
Data updated 2026-08-11
- $133M
- Total assets
- 2,949
- Participants
- 93rd
- Percentile by assets
- $45,222
- Avg per participant
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.
- 93rd percentile by assets (of 127,072 plans)
- #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.
- $133M
- total plan assets (2023 EOY)
- 2,949
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $45,222
- avg assets per participant
Where Tecomet 401(k) Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
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.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Tecomet 401(k) Plan reports 2,949 participants - 4.5x that state average ($133M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $124M |
|---|---|
| Net Assets (End of Year) | $133M |
| Net Income | $10M |
| Employer EIN | 043004131 |
| Plan Effective Date | 2008-09-29 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (TECOMET)
| 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.
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Tecomet 401(k) Plan by total assets, not by location.
- Big 5 Sporting Goods Savings and Profit Sharing Plan (CA) $133M · 3,102
- Countrymark Savings Plan (IN) $133M · 475
- Mcglinchey Stafford, PLLC Retirement Savings Plan (LA) $133M · 266
- Metallus Inc. Voluntary Investment Pension Plan (OH) $133M · 1,118
Frequently Asked Questions
How did Tecomet 401(k) Plan assets move in 2023? ▼
How have TECOMET plan assets changed over time? ▼
Where does Tecomet 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Tecomet 401(k) Plan? ▼
Next read for Tecomet 401(k) Plan
Filing takeaways
Ways to act on Tecomet 401(k) Plan's numbers.
- By total assets, Tecomet 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- TECOMET's sponsor-wide assets have grown 7.8% since 2022 across 2 plan years on file. More Manufacturing plans