401(k) · DOL Form 5500 · 2023

Array Tech, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
513
Participants Below avg headcount
74th
Percentile by assets National rank
$42,832
Avg per participant Low balance/head
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Official DOL plan name: Array Tech, Inc. 401(k) Plan · Sponsored by Array Tech, Inc. · New Mexico · Manufacturing

$22M in assets, 513 participants

Array Tech, Inc.'s Array Tech, Inc. 401(k) Plan reported $22M in total assets and 513 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #12,108 in Manufacturing (18,722 peers)

Array Tech, Inc. multi-year trail

Array Tech, Inc.'s plans moved +73.9% in assets from 2022 to 2024; this filing shows Array Tech, Inc. 401(k) Plan at $22M / 513 participants.

#12,108
in Manufacturing (18,722 peers)
+51.7%
assets growth YoY

Array Tech, Inc. 401(k) Plan's outsized position by total assets

Array Tech, Inc. 401(k) Plan vs every filed plan by assets

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

$21,972,921 Top 26% higher than 74% 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

Array Tech, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Array Tech, Inc. 401(k) Plan sits mid-pack in the medium band (513 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Array Tech, Inc. 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Array Tech, Inc. 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Array Tech, Inc. 401(k) Plan reported participants rose from 435 in the plan year 2022 filing to 513 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 850402479 · Array Tech, Inc. PY 2023 · 401(k)

Array Tech, Inc. 401(k) Plan · $22M · 513 · 74th

  • RANK $22M
  • PHOTO 513
  • IND 74th
  • EOY 401(k)
  • 5500 near Discovery Natural Resources LLC Retirement Plan
  • ASSETS ind #12108

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 New Mexico →

Array Tech, Inc. 401(k) Plan in the asset neighbourhood

Array Tech, Inc. 401(k) Plan$22MDiscovery Natural Resources LLC Retirement PlanDiscovery Natural Resources …$22MPsc Biotech Corporation Retirement PlanPsc Biotech Corporation Reti…$22MCommunity First Healthcare of Illinois, Inc. 401(k) PlanCommunity First Healthcare o…$22MFort Myer Construction Corporation 401(k) PlanFort Myer Construction Corpo…$22M
End-of-year total assets ($M) among Array Tech, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Array Tech, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Array Tech, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 73.94906700184232% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $14.5M $25.2M ▲ +73.9%
Year Plans Participants Total Assets
2022 1 435 $14M
2023 1 513 $22M
2024 1 512 $25M

Array Tech, Inc. filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$22M
Net Income$7M
Employer EIN850402479
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Mexico

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

Array Tech, Inc. 401(k) Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -202468 Total assets ($B) Participants Array Tech, Inc. 401(k) Plan, Total assets ($B): 0.021972921 · Participants: 513Array Tech, Inc. 401(k) PlanNtess Savings and Income Plan, Total assets ($B): 6.138288212 · Participants: 14721Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.017061751 · Participants: 10005Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.83962508 · Participants: 2249Triad 401(k) Savings PlanPnm Resources, Inc. Retirement Savings Plan, Total assets ($B): 0.76542965 · Participants: 1531Pnm Resources, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.573005592 · Participants: 1962Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
Array Tech, Inc. 401(k) Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare Array Tech, Inc. 401(k) Plan side-by-side with 3 peers →

Array Tech, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Mexico, the nearest 401(k) by assets is Discovery Natural Resources LLC Retirement Plan in CO ($22M); by covered participants it is Southwood Realty 401(k) Plan in NC (513 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (513 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 Array Tech, Inc. 401(k) Plan assets move in 2023? ▼
Array Tech, Inc. 401(k) Plan surged - up 51.7% during 2023, from $14M to $22M. Reported net income was $7M.
How have Array Tech, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Array Tech, Inc.'s sponsor-wide assets grew 73.9%, from $14M to $25M.
Which 401(k) plans are similar in size to Array Tech, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Discovery Natural Resources LLC Retirement Plan in CO ($22M, 121 participants).
Which 401(k) plans cover a similar participant headcount to Array Tech, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southwood Realty 401(k) Plan in NC (513 participants, $5M 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 850402479.

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.