401(k) · DOL Form 5500 · 2023

The Sherwin-Williams Company 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
1,042
Participants Near avg headcount
87th
Percentile by assets National rank
$54,116
Avg per participant Low balance/head
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Official DOL plan name: The Sherwin-Williams Company Hourly 401(k) Plan · Sponsored by The Sherwin-Williams Company · Ohio · Manufacturing

$56M in assets, 1,042 participants

The Sherwin-Williams Company's The Sherwin-Williams Company Hourly 401(k) Plan reported $56M in total assets and 1,042 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,107 in Manufacturing (18,722 peers)

Where The Sherwin-Williams Company Hourly 401(k) Plan sits by assets

The Sherwin-Williams Company Hourly 401(k) Plan sits in the top quartile of all filed plans by assets, $56M for 1,042 participants (~$54,116/participant), up 13.1% in 2023.

#15,107
in Manufacturing (18,722 peers)
+13.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

The Sherwin-Williams Company Hourly 401(k) Plan's outsized position by total assets

The Sherwin-Williams Company Hourly 401(k) Plan vs every filed plan by assets

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

$56,389,145 Top 13% higher than 87% 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

The Sherwin-Williams Company Hourly 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Sherwin-Williams Company Hourly 401(k) Plan lands in the large band (1,042 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Sherwin-Williams Company Hourly 401(k) Plan reported net income rose from -$11M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • The Sherwin-Williams Company Hourly 401(k) Plan end-of-year assets rose from $50M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • The Sherwin-Williams Company Hourly 401(k) Plan reported participants fell from 1,052 in the plan year 2022 filing to 1,042 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 340526850 · The Sherwin-Williams Company PY 2023 · 401(k)

The Sherwin-Williams Company Hourly 401(k) Plan · $56M · 1,042 · 87th

  • PHOTO $56M
  • IND 1,042
  • EOY 87th
  • 5500 401(k)
  • ASSETS near Tymco, Inc. Employees Profit Sharing Plan and Trust
  • PCT ind #15107

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 Ohio →

The Sherwin-Williams Company Hourly 401(k) Plan in the asset neighbourhood

Midwest Anesthesia Associates, P.a. 401(k) Profit Sharing PlanMidwest Anesthesia Associate…$56MCarter Bloodcare Employee's Savings PlanCarter Bloodcare Employee's …$56MDecore-Ative Specialties, Inc. 401(k) Profit Sharing PlanDecore-Ative Specialties, In…$56MThe Sherwin-Williams Company Hourly 401(k) PlanThe Sherwin-Williams Company…$56MTymco, Inc. Employees Profit Sharing Plan and TrustTymco, Inc. Employees Profit…$56M
End-of-year total assets ($M) among The Sherwin-Williams Company Hourly 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)$50M
Net Assets (End of Year)$56M
Net Income$7M
Employer EIN340526850
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Sherwin-Williams Company)

Sponsor-wide plan assets over time

All The Sherwin-Williams Company plans reported in each filing year

Latest sponsor-wide plan assets
$12.5B 26.94181286577038% vs 2022
2024 filing year
$9B$10B$11B$12B$13B 202220232024 $9.84B $12.5B ▲ +26.9%
Year Plans Participants Total Assets
2022 4 91,747 $9.8B
2023 4 96,676 $11.9B
2024 4 96,883 $12.5B

Nearby 401(k) Plans in Ohio

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

The Sherwin-Williams Company Hourly 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants The Sherwin-Williams Company Hourly 401(k) Plan, Total assets ($B): 0.056389145 · Participants: 1042The Sherwin-Williams Company Hourly 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
The Sherwin-Williams Company Hourly 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare The Sherwin-Williams Company Hourly 401(k) Plan side-by-side with 3 peers →

The Sherwin-Williams Company Hourly 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Tymco, Inc. Employees Profit Sharing Plan and Trust in TX ($56M); by covered participants it is Fincantieri Marine Group Bargaining Retirement Savings Plan in WI (1,042 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,042 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 The Sherwin-Williams Company Hourly 401(k) Plan assets move in 2023? ▼
The Sherwin-Williams Company Hourly 401(k) Plan grew at a solid clip - up 13.1% during 2023, from $50M to $56M. Reported net income was $7M.
How have The Sherwin-Williams Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Sherwin-Williams Company's sponsor-wide assets grew 26.9%, from $9.8B to $12.5B.
Where does The Sherwin-Williams Company Hourly 401(k) Plan rank by assets among Form 5500 filers? ▼
The Sherwin-Williams Company Hourly 401(k) Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Sherwin-Williams Company Hourly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tymco, Inc. Employees Profit Sharing Plan and Trust in TX ($56M, 148 participants).
Which 401(k) plans cover a similar participant headcount to The Sherwin-Williams Company Hourly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fincantieri Marine Group Bargaining Retirement Savings Plan in WI (1,042 participants, $25M 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 340526850.

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.