401(k) · DOL Form 5500 · 2023

Honeywell International Inc 401(k) Plan

Data updated 2026-08-25

$15.4B
Total assets Mega-plan scale
40,004
Participants Very large workforce
100th
Percentile by assets National rank
$384,665
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Honeywell 401(k) Plan · Sponsored by Honeywell International Inc · North Carolina · Manufacturing

$15.4B in assets, 40,004 participants

Honeywell International Inc's Honeywell 401(k) Plan reported $15.4B in total assets and 40,004 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #18,697 in Manufacturing (18,722 peers)

Coverage in North Carolina

Honeywell 401(k) Plan covers 40,004 participants in North Carolina, 49x the typical North Carolina plan (state average ~819 per filing). Assets: $15.4B.

#18,697
in Manufacturing (18,722 peers)
+5.6%
assets growth YoY
154×
vs typical plan assets (national mean)

Honeywell 401(k) Plan's outsized position by total assets

Honeywell 401(k) Plan vs every filed plan by assets

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

$15,388,124,058 Highest reported value at or above every one 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

Honeywell 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Honeywell 401(k) Plan is a mega filing (40,004 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Honeywell 401(k) Plan reported net income rose from -$2.7B in the plan year 2022 filing to $822M in the plan year 2023 filing.
  • Honeywell 401(k) Plan end-of-year assets rose from $14.6B in the plan year 2022 filing to $15.4B in the plan year 2023 filing.
  • Honeywell 401(k) Plan reported participants rose from 39,007 in the plan year 2022 filing to 40,004 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 222640650 · Honeywell International Inc PY 2023 · 401(k)

Honeywell 401(k) Plan · $15.4B · 40,004 · 100th

  • PCT $15.4B
  • PCT 40,004
  • PCT 100th
  • PCT 401(k)
  • PCT near L3harris Retirement Savings Plan
  • PCT ind #18697

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 Manufacturing retirement plans → · Plans in North Carolina →

Honeywell 401(k) Plan in the asset neighbourhood

Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesFord Motor Co. Savings and S…$15.6BErnst & Young Retirement Savings PlanErnst & Young Retirement Sav…$15.5BHoneywell 401(k) Plan$15.4BL3harris Retirement Savings PlanL3harris Retirement Savings …$15.4B401(k) Pension Plan$15.0B
End-of-year total assets ($B) among Honeywell 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$14.6B
Net Assets (End of Year)$15.4B
Net Income$822M
Employer EIN222640650
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Honeywell International Inc)

Sponsor-wide plan assets over time

All Honeywell International Inc plans reported in each filing year

Latest sponsor-wide plan assets
$34.3B 4.109339185988252% vs 2022
2024 filing year
$32.5B$33B$33.5B$34B$34.5B 202220232024 $33B $34.3B ▲ +4.1%
Year Plans Participants Total Assets
2022 6 54,187 $32.9B
2023 6 53,725 $33.4B
2024 6 51,823 $34.3B

Nearby 401(k) Plans in North Carolina

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

Honeywell 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 0100000200000300000400000 0204060 Total assets ($B) Participants Honeywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($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 PlanLowes 401(k) Plan, Total assets ($B): 8.108634836 · Participants: 295676Lowes 401(k) Plan
Honeywell 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scale composition for Honeywell 401(k) Plan

Honeywell 401(k) Plan reports $15.4B in end-of-year assets across 40,004 participants (0.12% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.043% of 93,925,755 covered participants) - about $384,665 per participant (2.8x the national average assets-per-participant) . Net income for plan year 2023 was $822M.

This plan identity (EIN 222640650, plan #302) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $14.6B to $16.3B (+12.0%) while covered participants moved from 39,007 to 39,468 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 39,007 $14.6B Open filing
2023 40,004 $15.4B This page
2024 · index core 39,468 $16.3B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

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

Outside North Carolina, the nearest 401(k) by assets is L3harris Retirement Savings Plan in FL ($15.4B); by covered participants it is Kaiser Permanente Tax Sheltered Annuity Plan II in CA (40,192 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (40,004 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 Honeywell 401(k) Plan assets move in 2023?
Honeywell 401(k) Plan grew at a solid clip - up 5.6% during 2023, from $14.6B to $15.4B. Reported net income was $822M.
How have Honeywell International Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Honeywell International Inc's sponsor-wide assets grew 4.1%, from $32.9B to $34.3B.
Where does Honeywell 401(k) Plan rank by assets among Form 5500 filers?
Honeywell 401(k) Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Honeywell 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is L3harris Retirement Savings Plan in FL ($15.4B, 40,665 participants).
Which 401(k) plans cover a similar participant headcount to Honeywell 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Kaiser Permanente Tax Sheltered Annuity Plan II in CA (40,192 participants, N/A in assets).