401(k) · DOL Form 5500 · 2023

Brother International Corporation 401(k) Plan

Data updated 2026-08-11

$247M
Total assets
818
Participants
96th
Percentile by assets
$301,369
Avg per participant
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Official DOL plan name: Brother USA Retirement Plan · Sponsored by Brother International Corporation · New Jersey · Wholesale Trade

$247M in assets, 818 participants

Brother International Corporation's Brother USA Retirement Plan reported $247M in total assets and 818 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)
  • #6,100 in Wholesale Trade (6,309 peers)

Where Brother USA Retirement Plan sits by assets

Brother USA Retirement Plan sits in the top 5% of all filed plans by assets, $247M for 818 participants (~$301,369/participant), up 8.0% in 2023.

$247M
total plan assets (2023 EOY)
818
covered participants
96th
percentile by assets (of 127,072 plans)
$301,369
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brother USA Retirement Plan reported net income rose from -$45M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Brother USA Retirement Plan end-of-year assets rose from $228M in the plan year 2022 filing to $247M in the plan year 2023 filing.
  • Brother USA Retirement Plan reported participants rose from 804 in the plan year 2022 filing to 818 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Brother USA Retirement Plan vs the 2023 asset distribution

By assets, Brother USA Retirement Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$228M
Net Assets (End of Year)$247M
Net Income$18M
Employer EIN223142007
Plan Effective Date1965-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brother International Corporation)

$220M$240M$260M$280M 202220232024 $228M $266M ▲ +16.4%
Total plan assets by year, all Brother International Corporation plans on file
Year Plans Participants Total Assets
2022 1 804 $228M
2023 1 818 $247M
2024 1 872 $266M

Nearby 401(k) Plans in New Jersey

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

Brother USA Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Brother USA Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Brother USA Retireme…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Brother USA Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Brother USA Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Brother USA Retirement Plan assets move in 2023?
Brother USA Retirement Plan grew at a solid clip - up 8.0% during 2023, from $228M to $247M. Reported net income was $18M.
How have Brother International Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Brother International Corporation's sponsor-wide assets grew 16.4%, from $228M to $266M.
Where does Brother USA Retirement Plan rank by assets among Form 5500 filers?
Brother USA Retirement Plan 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 Brother USA Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Axcelis Technologies, Inc. Long-Term Investment Plan in MA ($247M, 958 participants).

Scale reading

Ways to act on Brother USA Retirement Plan's numbers.