401(k) · DOL Form 5500 · 2023

Flextronics International USA, Inc. 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets
7,390
Participants
99th
Percentile by assets
$143,985
Avg per participant
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Official DOL plan name: Flex 401(k) Plan · Sponsored by Flextronics International USA, Inc. · Texas · Manufacturing

$1.1B in assets, 7,390 participants

Flextronics International USA, Inc.'s Flex 401(k) Plan reported $1.1B in total assets and 7,390 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #18,289 in Manufacturing (18,722 peers)

Coverage in Texas

Flex 401(k) Plan covers 7,390 participants in Texas, 11x the typical Texas plan (state average ~688 per filing). Assets: $1.1B.

$1.1B
total plan assets (2023 EOY)
7,390
covered participants
99th
percentile by assets (of 127,072 plans)
$143,985
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Flex 401(k) Plan reported net income rose from -$207M in the plan year 2022 filing to $131M in the plan year 2023 filing.
  • Flex 401(k) Plan end-of-year assets rose from $957M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
  • Flex 401(k) Plan reported participants rose from 7,156 in the plan year 2022 filing to 7,390 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Flex 401(k) Plan reports 7,390 participants - 11x that state average ($1.1B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$957M
Net Assets (End of Year)$1.1B
Net Income$131M
Employer EIN943061570
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flextronics International USA, Inc.)

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.96B $1.18B ▲ +22.9%
Total plan assets by year, all Flextronics International USA, Inc. plans on file
Year Plans Participants Total Assets
2022 1 7,156 $957M
2023 1 7,390 $1.1B
2024 1 7,310 $1.2B

Nearby 401(k) Plans in Texas

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

Flex 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Flex 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Flex 401(k) PlanAT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Flex 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Flex 401(k) Plan

Flex 401(k) Plan reports $1.1B in end-of-year assets across 7,390 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $143,985 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2023 was $131M.

This plan identity (EIN 943061570, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $957M to $1.2B (+23.0%) while covered participants moved from 7,156 to 7,310 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,156 $957M Open filing
2023 7,390 $1.1B This page
2024 · index core 7,310 $1.2B 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 Flex 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Flex 401(k) Plan assets move in 2023?
Flex 401(k) Plan grew at a solid clip - up 11.2% during 2023, from $957M to $1.1B. Reported net income was $131M.
How have Flextronics International USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Flextronics International USA, Inc.'s sponsor-wide assets grew 23.0%, from $957M to $1.2B.
Where does Flex 401(k) Plan rank by assets among Form 5500 filers?
Flex 401(k) Plan ranks in the 99th 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 Flex 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hoag Sheltered Savings Plan in CA ($1.1B, 7,963 participants).

Filing takeaways

Ways to act on Flex 401(k) Plan's numbers.