401(k) · DOL Form 5500 · 2023

Material Holdings LLC 401(k) Plan

Data updated 2026-08-25

$121M
Total assets Near avg plan size
1,248
Participants Near avg headcount
92nd
Percentile by assets National rank
$96,971
Avg per participant Below avg balance/head
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Official DOL plan name: Material 401(k) Profit Sharing Plan · Sponsored by Material Holdings LLC · California · Professional & Technical Services

$121M in assets, 1,248 participants

Material Holdings LLC's Material 401(k) Profit Sharing Plan reported $121M in total assets and 1,248 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #19,028 in Professional & Technical Services (20,321 peers)

Where Material 401(k) Profit Sharing Plan sits by assets

Material 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $121M for 1,248 participants (~$96,971/participant), up 22.6% in 2023.

#19,028
in Professional & Technical Services (20,321 peers)
+22.6%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Material 401(k) Profit Sharing Plan's outsized position by total assets

Material 401(k) Profit Sharing Plan vs every filed plan by assets

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

$121,019,850 Top 8% higher than 92% 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

Material 401(k) Profit Sharing 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. Material 401(k) Profit Sharing Plan lands in the large band (1,248 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Material 401(k) Profit Sharing Plan reported net income rose from -$9M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Material 401(k) Profit Sharing Plan end-of-year assets rose from $99M in the plan year 2022 filing to $121M in the plan year 2023 filing.
  • Material 401(k) Profit Sharing Plan reported participants rose from 1,190 in the plan year 2022 filing to 1,248 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 952848286 · Material Holdings LLC PY 2023 · 401(k)

Material 401(k) Profit Sharing Plan · $121M · 1,248 · 92nd

  • ASSETS $121M
  • ASSETS 1,248
  • ASSETS 92nd
  • ASSETS 401(k)
  • ASSETS near Apogee Medical Group Inc 401(k) Plan
  • ASSETS ind #19028

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 Professional & Technical Services retirement plans → · Plans in California →

Material 401(k) Profit Sharing Plan in the asset neighbourhood

IBEW Local Union No. 520 Annuity PlanIBEW Local Union No. 520 Ann…$121MPinebridge 401(k) Retirement Savings PlanPinebridge 401(k) Retirement…$121MMaterial 401(k) Profit Sharing PlanMaterial 401(k) Profit Shari…$121MApogee Medical Group Inc 401(k) PlanApogee Medical Group Inc 401…$121MThrift Plan of Rhi Magnesita$121M
End-of-year total assets ($M) among Material 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$99M
Net Assets (End of Year)$121M
Net Income$22M
Employer EIN952848286
Plan Effective Date1979-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Material Holdings LLC)

Sponsor-wide plan assets over time

All Material Holdings LLC plans reported in each filing year

Latest sponsor-wide plan assets
$135M 36.98007684093479% vs 2022
2024 filing year
$80M$100M$120M$140M 202220232024 $98.7M $135M ▲ +37.0%
Year Plans Participants Total Assets
2022 1 1,190 $99M
2023 1 1,248 $121M
2024 1 936 $135M

Nearby 401(k) Plans in California

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

Material 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Material 401(k) Profit Sharing Plan, Total assets ($B): 0.12101985 · Participants: 1248Material 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Material 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Material 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Apogee Medical Group Inc 401(k) Plan in AZ ($121M); by covered participants it is Goya Foods, Inc. Retirement & 401(k) Savings Plan in NJ (1,248 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($121M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,248 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 Material 401(k) Profit Sharing Plan assets move in 2023? ▼
Material 401(k) Profit Sharing Plan grew sharply - up 22.6% during 2023, from $99M to $121M. Reported net income was $22M.
How have Material Holdings LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Material Holdings LLC's sponsor-wide assets grew 37.0%, from $99M to $135M.
Where does Material 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Material 401(k) Profit Sharing Plan ranks in the 92nd 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 Material 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Apogee Medical Group Inc 401(k) Plan in AZ ($121M, 991 participants).
Which 401(k) plans cover a similar participant headcount to Material 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Goya Foods, Inc. Retirement & 401(k) Savings Plan in NJ (1,248 participants, $73M 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 952848286.

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.