401(k) · DOL Form 5500 · 2023

Beam Technologies Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
398
Participants Below avg headcount
68th
Percentile by assets National rank
$39,268
Avg per participant Low balance/head
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Official DOL plan name: Beam Technologies 401(k) Plan · Sponsored by Beam Technologies Inc. · Ohio · Finance & Insurance

$16M in assets, 398 participants

Beam Technologies Inc.'s Beam Technologies 401(k) Plan reported $16M in total assets and 398 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,732 in Finance & Insurance (8,869 peers)

Beam Technologies Inc. multi-year trail

Beam Technologies Inc.'s plans moved +43.2% in assets from 2022 to 2024; this filing shows Beam Technologies 401(k) Plan at $16M / 398 participants.

#4,732
in Finance & Insurance (8,869 peers)
+32.8%
assets growth YoY

Beam Technologies 401(k) Plan's outsized position by total assets

Beam Technologies 401(k) Plan vs every filed plan by assets

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

$15,628,477 Top 32% higher than 68% 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

Beam Technologies 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. Beam Technologies 401(k) Plan sits mid-pack in the medium band (398 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beam Technologies 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Beam Technologies 401(k) Plan end-of-year assets rose from $12M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Beam Technologies 401(k) Plan reported participants rose from 316 in the plan year 2022 filing to 398 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 371764683 · Beam Technologies Inc. PY 2023 · 401(k)

Beam Technologies 401(k) Plan · $16M · 398 · 68th

  • PCT $16M
  • EIN 398
  • RANK 68th
  • PHOTO 401(k)
  • IND near Industrial Steel Construction, Inc. Employees' 401(k) Retirement Plan
  • EOY ind #4732

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 Finance & Insurance retirement plans → · Plans in Ohio →

Beam Technologies 401(k) Plan in the asset neighbourhood

Beam Technologies 401(k) Plan$16MIndustrial Steel Construction, Inc. Employees' 401(k) Retirement PlanIndustrial Steel Constructio…$16MInnovative Employee Solutions, Inc. 401(k) PlanInnovative Employee Solution…$16MThe Robinette Company 401(k) PlanThe Robinette Company 401(k)…$16MYuasa Battery, Inc. 401(k) Profit Sharing PlanYuasa Battery, Inc. 401(k) P…$16M
End-of-year total assets ($M) among Beam Technologies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Beam Technologies Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Beam Technologies Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 43.228355419639826% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.8M $16.9M ▲ +43.2%
Year Plans Participants Total Assets
2022 1 316 $12M
2023 1 398 $16M
2024 1 328 $17M

Beam Technologies Inc. filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$16M
Net Income$4M
Employer EIN371764683
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Beam Technologies 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Beam Technologies 401(k) Plan, Total assets ($B): 0.015628477 · Participants: 398Beam Technologies 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
Beam Technologies 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Beam Technologies 401(k) Plan side-by-side with 3 peers →

Beam Technologies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Industrial Steel Construction, Inc. Employees' 401(k) Retirement Plan in IN ($16M); by covered participants it is Verbal Beginnings LLC 401(k) Plan in MD (398 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (398 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 Beam Technologies 401(k) Plan assets move in 2023? ▼
Beam Technologies 401(k) Plan surged - up 32.8% during 2023, from $12M to $16M. Reported net income was $4M.
How have Beam Technologies Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beam Technologies Inc.'s sponsor-wide assets grew 43.2%, from $12M to $17M.
Which 401(k) plans are similar in size to Beam Technologies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Industrial Steel Construction, Inc. Employees' 401(k) Retirement Plan in IN ($16M, 210 participants).
Which 401(k) plans cover a similar participant headcount to Beam Technologies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Verbal Beginnings LLC 401(k) Plan in MD (398 participants, $3M 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 371764683.

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.