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

Ascent Industries Co. 401(k) Plan

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

Sponsored by Ascent Industries Co. · Illinois · Professional & Technical Services

What the 2023 filing shows

Ascent Industries Co. 401(k) Plan holds $30M for 490 participants — about $60,546 per participant, up 1.5% over the 2024 plan year.

$30M
total plan assets (2024 EOY)
490
covered participants
$60,546
avg assets per participant
+1.5%
assets growth YoY
Total Assets (2023)
$30M
Participants
490
State
Industry
Professional & Technical Services

What the Filing Says About Ascent Industries Co. 401(k) Plan

Ascent Industries Co. 401(k) Plan is a 401(k) retirement plan sponsored by Ascent Industries Co., headquartered in Illinois. As of the 2024 Form 5500 filing, the plan reports $30M in total end-of-year assets and covers 490 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 570426694, and the plan has been effective since 2016-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $29M at the beginning of 2024 to $30M at year-end — a gain of 1.5%. Net assets (after liabilities) closed the year at $30M, with reported net income of $443K 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)$29M
Total Assets (End of Year)$30M
Net Assets (End of Year)$30M
Net Income$443K
Plan Type401(k)
Employer EIN570426694
Plan Effective Date2016-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ascent Industries Co.)

Year Plans Participants Total Assets
2022 1 401 N/A
2023 1 316 $29M
2024 1 490 $30M

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Frequently Asked Questions

How much money is in the Ascent Industries Co. 401(k) Plan?
As of the 2024 Form 5500 filing, Ascent Industries Co. 401(k) Plan holds $30M in total assets with 490 participants. It is sponsored by Ascent Industries Co..
What type of plan is Ascent Industries Co. 401(k) Plan?
Ascent Industries Co. 401(k) Plan is a 401(k) plan. It has been effective since 2016-12-01. The plan is filed with the U.S. Department of Labor under EIN 570426694.
Who sponsors the Ascent Industries Co. 401(k) Plan?
Ascent Industries Co. 401(k) Plan is sponsored by Ascent Industries Co., located in Illinois. The sponsor's EIN is 570426694 and the plan operates in the Professional & Technical Services industry.
How did Ascent Industries Co. 401(k) Plan perform in 2024?
Ascent Industries Co. 401(k) Plan grew by 1.5% during 2024, moving from $29M to $30M in total assets. Net income was $443K.
Where can I find official filings for Ascent Industries Co. 401(k) Plan?
Official Form 5500 filings for Ascent Industries Co. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570426694 or plan name at efast.dol.gov.
How does Ascent Industries Co. 401(k) Plan compare to other plans?
You can compare Ascent Industries Co. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Illinois 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 570426694.

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.