401(k) · DOL Form 5500 · 2023

Heico Holding, Inc. 401(k) Plan

Data updated 2026-08-11

$400M
Total assets
5,967
Participants
97th
Percentile by assets
$67,104
Avg per participant
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Official DOL plan name: Heico Holding, Inc. 401(k) Plan · Sponsored by Heico Holding, Inc. · Illinois · Manufacturing

$400M in assets, 5,967 participants

Heico Holding, Inc.'s Heico Holding, Inc. 401(k) Plan reported $400M in total assets and 5,967 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,792 in Manufacturing (18,722 peers)

Coverage in Illinois

Heico Holding, Inc. 401(k) Plan covers 5,967 participants in Illinois, 7.7x the typical Illinois plan (state average ~779 per filing). Assets: $400M.

$400M
total plan assets (2023 EOY)
5,967
covered participants
97th
percentile by assets (of 127,072 plans)
$67,104
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Heico Holding, Inc. 401(k) Plan reported net income rose from -$56M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Heico Holding, Inc. 401(k) Plan end-of-year assets rose from $347M in the plan year 2022 filing to $400M in the plan year 2023 filing.
  • Heico Holding, Inc. 401(k) Plan reported participants rose from 5,405 in the plan year 2022 filing to 5,967 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Heico Holding, Inc. 401(k) Plan reports 5,967 participants - 7.7x that state average ($400M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$347M
Net Assets (End of Year)$400M
Net Income$54M
Employer EIN361622665
Plan Effective Date1984-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heico Holding, Inc.)

$300M$350M$400M$450M 202220232024 $347M $437M ▲ +26.3%
Total plan assets by year, all Heico Holding, Inc. plans on file
Year Plans Participants Total Assets
2022 1 5,405 $347M
2023 1 5,967 $400M
2024 1 5,332 $437M

Nearby 401(k) Plans in Illinois

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

Heico Holding, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Heico Holding, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Heico Holding, Inc. …Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Heico Holding, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Heico Holding, Inc. 401(k) Plan

Heico Holding, Inc. 401(k) Plan reports $400M in end-of-year assets across 5,967 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $67,104 per participant (49% of the national average assets-per-participant) . Net income for plan year 2023 was $54M.

This plan identity (EIN 361622665, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $347M to $437M (+26.3%) while covered participants moved from 5,405 to 5,332 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,405 $347M Open filing
2023 5,967 $400M This page
2024 · index core 5,332 $437M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Heico Holding, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Heico Holding, Inc. 401(k) Plan assets move in 2023?
Heico Holding, Inc. 401(k) Plan grew sharply - up 15.6% during 2023, from $347M to $400M. Reported net income was $54M.
How have Heico Holding, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Heico Holding, Inc.'s sponsor-wide assets grew 26.3%, from $347M to $437M.
Where does Heico Holding, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Heico Holding, Inc. 401(k) Plan ranks in the 97th 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 Heico Holding, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Communications Workers of America Savings and Retirement Trust in DC ($401M, 9,925 participants).

Next read for Heico Holding, Inc. 401(k) Plan

Filing takeaways

Ways to act on Heico Holding, Inc. 401(k) Plan's numbers.