Profit Sharing · DOL Form 5500 · 2023

Hamamatsu Corporation Profit Sharing Plan

Data updated 2026-08-11

$62M
Total assets
246
Participants
88th
Percentile by assets
$250,690
Avg per participant
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Official DOL plan name: Hamamatsu Corporation Profit Sharing Plan · Sponsored by Hamamatsu Corporation · New Jersey · Manufacturing

$62M in assets, 246 participants

Hamamatsu Corporation's Hamamatsu Corporation Profit Sharing Plan reported $62M in total assets and 246 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 127,072 plans)
  • #15,295 in Manufacturing (18,722 peers)

Coverage in New Jersey

Hamamatsu Corporation Profit Sharing Plan covers 246 participants in New Jersey, about 29% of the average New Jersey filer (state average ~844 per filing). Assets: $62M.

$62M
total plan assets (2023 EOY)
246
covered participants
88th
percentile by assets (of 127,072 plans)
$250,690
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hamamatsu Corporation Profit Sharing Plan reported net income rose from $5M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Hamamatsu Corporation Profit Sharing Plan end-of-year assets rose from $50M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Hamamatsu Corporation Profit Sharing Plan reported participants rose from 229 in the plan year 2022 filing to 246 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Hamamatsu Corporation Profit Sharing Plan reports 246 participants - about 29% of that state average ($62M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$62M
Net Income$12M
Employer EIN132638233
Plan Effective Date1974-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hamamatsu Corporation)

$100M$120M$140M$160M$180M 202220232024 $116M $160M ▲ +37.9%
Total plan assets by year, all Hamamatsu Corporation plans on file
Year Plans Participants Total Assets
2022 3 704 $116M
2023 3 763 $145M
2024 3 781 $160M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hamamatsu Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Hamamatsu Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Hamamatsu Corporatio…Ernst & Young Partne…Operating Engineers …Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…
Hamamatsu Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hamamatsu Corporation Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Hamamatsu Corporation Profit Sharing Plan assets move in 2023?
Hamamatsu Corporation Profit Sharing Plan grew sharply - up 23.2% during 2023, from $50M to $62M. Reported net income was $12M.
How have Hamamatsu Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hamamatsu Corporation's sponsor-wide assets grew 37.9%, from $116M to $160M.
Where does Hamamatsu Corporation Profit Sharing Plan rank by assets among Form 5500 filers?
Hamamatsu Corporation Profit Sharing Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Hamamatsu Corporation Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is IBEW Local 143 Annuity Plan in PA ($61M, 347 participants).

Next read for Hamamatsu Corporation Profit Sharing Pla…

Filing takeaways

Ways to act on Hamamatsu Corporation Profit Sharing Plan's numbers.

  • By total assets, Hamamatsu Corporation Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Hamamatsu Corporation's sponsor-wide assets have grown 37.9% since 2022 across 3 plan years on file. More Manufacturing plans