401(k) · DOL Form 5500 · 2023

Festo Corporation 401(k) Plan

Data updated 2026-08-25

$146M
Total assets Near avg plan size
872
Participants Near avg headcount
93rd
Percentile by assets National rank
$167,754
Avg per participant Above avg balance/head
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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.

  • #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.

#5,982
in Wholesale Trade (6,309 peers)
+23.0%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Festo Corporation 401(k) Plan's outsized position 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

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

Festo Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Festo Corporation 401(k) Plan sits mid-pack in the medium band (872 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

DOL schedule card

Filing strip 112270659 · Festo Corporation PY 2023 · 401(k)

Festo Corporation 401(k) Plan · $146M · 872 · 93rd

  • 5500 $146M
  • ASSETS 872
  • PCT 93rd
  • EIN 401(k)
  • RANK near Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan
  • PHOTO ind #5982

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 Wholesale Trade retirement plans → · Plans in New York →

Festo Corporation 401(k) Plan in the asset neighbourhood

E.E. Newcomer Enterprises, Inc. 401(k) Retirement Plan & TrustE.E. Newcomer Enterprises, I…$146MUa Local 125 Retirement Savings PlanUa Local 125 Retirement Savi…$146MLiskow and Lewis Retirement Plan and TrustLiskow and Lewis Retirement …$146MTidewater Physicians Multispecialty Group, P.C. 401(k) PlanTidewater Physicians Multisp…$146MFesto Corporation 401(k) Plan$146M
End-of-year total assets ($M) among Festo Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$119M
Net Assets (End of Year)$146M
Net Income$27M
Employer EIN112270659
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Festo Corporation)

Sponsor-wide plan assets over time

All Festo Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$171M 43.803778725469314% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $119M $171M ▲ +43.8%
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 Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Festo Corporation 401(k) Plan, Total assets ($B): 0.146281778 · Participants: 872Festo Corporation 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Festo Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Festo Corporation 401(k) Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan in VA ($146M); by covered participants it is Quincy Medical Group Retirement Trust in IL (872 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (872 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 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).
Which 401(k) plans cover a similar participant headcount to Festo Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Quincy Medical Group Retirement Trust in IL (872 participants, N/A 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 112270659.

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.