401(k) · DOL Form 5500 · 2023

Festo Corporation 401(k) Plan

Data updated 2026-08-11

$146M
Total assets: 872
Participants: 93rd
Percentile by assets: $167,754
Avg per participant

Official DOL plan name: Festo Corporation 401(k) Plan · Sponsored by Festo Corporation · New York · Wholesale Trade

$146M in assets, 872 participants

Festo Corporation's Festo Corporation 401(k) Plan reported $146M in total assets and 872 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)
#5,982 in Wholesale Trade (6,309 peers)

Where Festo Corporation 401(k) Plan sits by assets

Festo Corporation 401(k) Plan sits in the top 10% of all filed plans by assets, $146M for 872 participants (~$167,754/participant), up 23.0% in 2023.

$146M
total plan assets (2023 EOY): 872
covered participants: 93rd
percentile by assets (of 127,072 plans): $167,754
avg assets per participant

Where Festo Corporation 401(k) Plan sits by total assets

Festo Corporation 401(k) Plan vs every filed plan by assets

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

$146,281,778 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

Festo Corporation 401(k) Plan reported net income rose from -$21M in the plan year 2022 filing to $27M in the plan year 2023 filing.
Festo Corporation 401(k) Plan end-of-year assets rose from $119M in the plan year 2022 filing to $146M in the plan year 2023 filing.
Festo Corporation 401(k) Plan reported participants fell from 905 in the plan year 2022 filing to 872 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Wholesale Trade

Festo Corporation 401(k) Plan vs the 2023 asset distribution

By assets, Festo Corporation 401(k) Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$119M
Net Assets (End of Year)	$146M
Net Income	$27M
Employer EIN	112270659
Plan Effective Date	1984-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Festo Corporation)

Total plan assets by year, all Festo Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	905	$119M
2023	1	872	$146M
2024	1	919	$171M

Nearby 401(k) Plans in New York

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

Festo Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare Festo Corporation 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan (VA) $146M · 1,051
Ua Local 125 Retirement Savings Plan (IA) $146M · 1,000
Liskow and Lewis Retirement Plan and Trust (LA) $146M · 195
E.E. Newcomer Enterprises, Inc. 401(k) Retirement Plan & Trust (KS) $146M · 2,862

Frequently Asked Questions

How did Festo Corporation 401(k) Plan assets move in 2023? ▼

Festo Corporation 401(k) Plan grew sharply - up 23.0% during 2023, from $119M to $146M. Reported net income was $27M.

How have Festo Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Festo Corporation's sponsor-wide assets grew 43.8%, from $119M to $171M.

Where does Festo Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼

Festo Corporation 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 Festo Corporation 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan in VA ($146M, 1,051 participants).

Next read for Festo Corporation 401(k) Plan

Scale reading

Ways to act on Festo Corporation 401(k) Plan's numbers.

By total assets, Festo Corporation 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 New York. Compare plans
Festo Corporation's sponsor-wide assets have grown 43.8% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 112270659.