401(k) · DOL Form 5500 · 2023

Genpak LLC 401(k) Plan

Data updated 2026-08-11

$83M
Total assets
1,137
Participants
90th
Percentile by assets
$72,903
Avg per participant
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Official DOL plan name: Genpak 401(k) Plan · Sponsored by Genpak LLC · North Carolina · Manufacturing

$83M in assets, 1,137 participants

Genpak LLC's Genpak 401(k) Plan reported $83M in total assets and 1,137 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #15,918 in Manufacturing (18,722 peers)

Where Genpak 401(k) Plan sits by assets

Genpak 401(k) Plan sits in the top 10% of all filed plans by assets, $83M for 1,137 participants (~$72,903/participant), up 8.1% in 2023.

$83M
total plan assets (2023 EOY)
1,137
covered participants
90th
percentile by assets (of 127,072 plans)
$72,903
avg assets per participant

Where Genpak 401(k) Plan sits by total assets

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

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

$82,891,183 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Genpak 401(k) Plan reported net income rose from -$23M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Genpak 401(k) Plan reported participants fell from 1,405 in the plan year 2022 filing to 1,137 in the plan year 2023 filing.
  • Genpak 401(k) Plan end-of-year assets rose from $77M in the plan year 2022 filing to $83M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Genpak 401(k) Plan vs the 2023 asset distribution

By assets, Genpak 401(k) Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$83M
Net Income$6M
Employer EIN141803622
Plan Effective Date1980-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Genpak LLC)

$75M$80M$85M$90M$95M 202220232024 $80M $89.4M ▲ +11.7%
Total plan assets by year, all Genpak LLC plans on file
Year Plans Participants Total Assets
2022 2 1,534 $80M
2023 2 1,282 $86M
2024 2 1,221 $89M

Nearby 401(k) Plans in North Carolina

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

Genpak 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Genpak 401(k) Plan, Total assets ($B): 0.082891183 · Participants: 1137Genpak 401(k) PlanThe Bank of America …, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America …Honeywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retireme…, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retireme…Truist Financial Cor…, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Cor…Nucor Corporation Pr…, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Pr…
Genpak 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Genpak 401(k) Plan assets move in 2023?
Genpak 401(k) Plan grew at a solid clip - up 8.1% during 2023, from $77M to $83M. Reported net income was $6M.
How have Genpak LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Genpak LLC's sponsor-wide assets grew 11.7%, from $80M to $89M.
Where does Genpak 401(k) Plan rank by assets among Form 5500 filers?
Genpak 401(k) Plan ranks in the 90th 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 Genpak 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Talcott 401(k) Plan in CT ($83M, 490 participants).

Scale reading

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