401(k) · DOL Form 5500 · 2023

Coherent Corp. 401(k) Plan

Data updated 2026-08-11

$1.2B
Total assets
3,749
Participants
99th
Percentile by assets
$307,654
Avg per participant
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Official DOL plan name: Coherent Corp. 401(k) Profit Sharing Plan · Sponsored by Coherent Corp. · Pennsylvania · Manufacturing

$1.2B in assets, 3,749 participants

Coherent Corp.'s Coherent Corp. 401(k) Profit Sharing Plan reported $1.2B in total assets and 3,749 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)
  • #18,321 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Coherent Corp. 401(k) Profit Sharing Plan covers 3,749 participants in Pennsylvania, 4.6x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.2B.

$1.2B
total plan assets (2023 EOY)
3,749
covered participants
99th
percentile by assets (of 127,072 plans)
$307,654
avg assets per participant

Where Coherent Corp. 401(k) Profit Sharing Plan sits by total assets

Coherent Corp. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$1,153,394,114 Top 1% higher than 99% 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

  • Coherent Corp. 401(k) Profit Sharing Plan reported net income rose from -$96M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Coherent Corp. 401(k) Profit Sharing Plan end-of-year assets rose from $601M in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Coherent Corp. 401(k) Profit Sharing Plan reported participants rose from 3,552 in the plan year 2022 filing to 3,749 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Pennsylvania
Industry
Manufacturing

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Coherent Corp. 401(k) Profit Sharing Plan reports 3,749 participants - 4.6x that state average ($1.2B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$601M
Net Assets (End of Year)$1.2B
Net Income$71M
Employer EIN251214948
Plan Effective Date1974-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Coherent Corp.)

$0.4B$0.6B$0.8B$1B$1.2B$1.4B 202220232024 $0.6B $1.21B ▲ +101.7%
Total plan assets by year, all Coherent Corp. plans on file
Year Plans Participants Total Assets
2022 1 3,552 $601M
2023 1 3,749 $1.2B
2024 1 3,054 $1.2B

Nearby 401(k) Plans in Pennsylvania

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

Coherent Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 05101520 Total assets ($B) Participants Coherent Corp. 401(k…, Total assets ($B): 1.153394114 · Participants: 3749Coherent Corp. 401(k…Comcast Corporation …, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation …Cigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirem…, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirem…The PNC Financial Se…, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Se…The Bank of New York…, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York…
Coherent Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Coherent Corp. 401(k) Profit Sharing Pla… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Coherent Corp. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Coherent Corp. 401(k) Profit Sharing Plan assets move in 2023? ▼
Coherent Corp. 401(k) Profit Sharing Plan surged - up 91.8% during 2023, from $601M to $1.2B. Reported net income was $71M.
How have Coherent Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Coherent Corp.'s sponsor-wide assets grew 101.9%, from $601M to $1.2B.
Where does Coherent Corp. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Coherent Corp. 401(k) Profit Sharing 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 Coherent Corp. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cnmc Affiliates' 401(k) Retirement Plan in DC ($1.2B, 8,417 participants).

Next read for Coherent Corp. 401(k) Profit Sharing Pla…

Filing takeaways

Ways to act on Coherent Corp. 401(k) Profit Sharing Plan's numbers.

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 251214948.

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.