401(k) · DOL Form 5500 · 2023

Tecan U.S., Inc. 401(k) Plan

Data updated 2026-08-25

$117M
Total assets Near avg plan size
830
Participants Near avg headcount
92nd
Percentile by assets National rank
$141,539
Avg per participant Near avg balance/head
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Official DOL plan name: Tecan U.S. Inc. 401(k) Plan · Sponsored by Tecan U.S., Inc. · North Carolina · Wholesale Trade

$117M in assets, 830 participants

Tecan U.S., Inc.'s Tecan U.S. Inc. 401(k) Plan reported $117M in total assets and 830 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.

  • #5,916 in Wholesale Trade (6,309 peers)

Where Tecan U.S. Inc. 401(k) Plan sits by assets

Tecan U.S. Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $117M for 830 participants (~$141,539/participant), up 71.4% in 2023.

#5,916
in Wholesale Trade (6,309 peers)
+71.4%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Tecan U.S. Inc. 401(k) Plan's outsized position by total assets

Tecan U.S. Inc. 401(k) Plan vs every filed plan by assets

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

$117,477,618 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

Tecan U.S. Inc. 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. Tecan U.S. Inc. 401(k) Plan sits mid-pack in the medium band (830 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tecan U.S. Inc. 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Tecan U.S. Inc. 401(k) Plan end-of-year assets rose from $69M in the plan year 2022 filing to $117M in the plan year 2023 filing.
  • Tecan U.S. Inc. 401(k) Plan reported participants rose from 775 in the plan year 2022 filing to 830 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 561337248 · Tecan U.S., Inc. PY 2023 · 401(k)

Tecan U.S. Inc. 401(k) Plan · $117M · 830 · 92nd

  • 5500 $117M
  • 5500 830
  • 5500 92nd
  • 5500 401(k)
  • 5500 near Searles Valley Minerals 401(k) Plan
  • 5500 ind #5916

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 North Carolina →

Tecan U.S. Inc. 401(k) Plan in the asset neighbourhood

Los Angeles Truck Centers, LLC 401(k) PlanLos Angeles Truck Centers, L…$117MSkogen's Foodliner and Associates Retirement Savings PlanSkogen's Foodliner and Assoc…$117MTecan U.S. Inc. 401(k) Plan$117MSearles Valley Minerals 401(k) PlanSearles Valley Minerals 401(…$117MShearer's Foods, LLC Retirement Savings PlanShearer's Foods, LLC Retirem…$117M
End-of-year total assets ($M) among Tecan U.S. Inc. 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)$69M
Net Assets (End of Year)$117M
Net Income$25M
Employer EIN561337248
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tecan U.S., Inc.)

Sponsor-wide plan assets over time

All Tecan U.S., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$140M 103.54753706198458% vs 2022
2024 filing year
$50M$100M$150M 202220232024 $68.6M $140M ▲ +103.5%
Year Plans Participants Total Assets
2022 1 775 $69M
2023 1 830 $117M
2024 1 1,076 $140M

Nearby 401(k) Plans in North Carolina

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

Tecan U.S. Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Tecan U.S. Inc. 401(k) Plan, Total assets ($B): 0.117477618 · Participants: 830Tecan U.S. Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Tecan U.S. Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Tecan U.S. Inc. 401(k) Plan side-by-side with 3 peers →

Tecan U.S. Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Searles Valley Minerals 401(k) Plan in KS ($117M); by covered participants it is Dickinson Wright PLLC Retirement and 401(k) Savings in MI (830 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($117M here).

Similar participant headcount

Nearest other-state filings by covered participants (830 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 Tecan U.S. Inc. 401(k) Plan assets move in 2023? ▼
Tecan U.S. Inc. 401(k) Plan surged - up 71.4% during 2023, from $69M to $117M. Reported net income was $25M.
How have Tecan U.S., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tecan U.S., Inc.'s sponsor-wide assets grew 103.5%, from $69M to $140M.
Where does Tecan U.S. Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Tecan U.S. Inc. 401(k) 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 Tecan U.S. Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Searles Valley Minerals 401(k) Plan in KS ($117M, 569 participants).
Which 401(k) plans cover a similar participant headcount to Tecan U.S. Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dickinson Wright PLLC Retirement and 401(k) Savings in MI (830 participants, $274M 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 561337248.

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.