401(k)
2024 plan-year 401(k) DOL Form 5500

Process Equipment Group 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Hillenbrand, Inc. · Indiana · Management of Enterprises

What the 2023 filing shows

Process Equipment Group 401(k) Savings Plan holds $545M for 2,023 participants — about $269,446 per participant, up 6.5% over the 2024 plan year.

$545M
total plan assets (2024 EOY)
2,023
covered participants
$269,446
avg assets per participant
+6.5%
assets growth YoY
Total Assets (2023)
$545M
Participants
2,023
State
Industry
Management of Enterprises

What the Filing Says About Process Equipment Group 401(k) Savings Plan

Process Equipment Group 401(k) Savings Plan is a 401(k) retirement plan sponsored by Hillenbrand, Inc., headquartered in Indiana. As of the 2024 Form 5500 filing, the plan reports $545M in total end-of-year assets and covers 2,023 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 261342272, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $512M at the beginning of 2024 to $545M at year-end — a gain of 6.5%. Net assets (after liabilities) closed the year at $545M, with reported net income of $29M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$512M
Total Assets (End of Year)$545M
Net Assets (End of Year)$545M
Net Income$29M
Plan Type401(k)
Employer EIN261342272
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hillenbrand, Inc.)

Year Plans Participants Total Assets
2022 3 4,180 $685M
2023 2 3,526 $700M
2024 2 2,032 $575M

Nearby 401(k) Plans in Indiana

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

Frequently Asked Questions

How much money is in the Process Equipment Group 401(k) Savings Plan?
As of the 2024 Form 5500 filing, Process Equipment Group 401(k) Savings Plan holds $545M in total assets with 2,023 participants. It is sponsored by Hillenbrand, Inc..
What type of plan is Process Equipment Group 401(k) Savings Plan?
Process Equipment Group 401(k) Savings Plan is a 401(k) plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 261342272.
Who sponsors the Process Equipment Group 401(k) Savings Plan?
Process Equipment Group 401(k) Savings Plan is sponsored by Hillenbrand, Inc., located in Indiana. The sponsor's EIN is 261342272 and the plan operates in the Management of Enterprises industry.
How did Process Equipment Group 401(k) Savings Plan perform in 2024?
Process Equipment Group 401(k) Savings Plan grew by 6.5% during 2024, moving from $512M to $545M in total assets. Net income was $29M.
Where can I find official filings for Process Equipment Group 401(k) Savings Plan?
Official Form 5500 filings for Process Equipment Group 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 261342272 or plan name at efast.dol.gov.
How does Process Equipment Group 401(k) Savings Plan compare to other plans?
You can compare Process Equipment Group 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 261342272.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.