401(k) · DOL Form 5500 · 2024

Heico Corporation 401(k) Plan

Data updated 2026-07-24

$1.0B
Total assets
6,503
Participants
98th
Percentile by assets
$156,237
Avg per participant
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Official DOL plan name: Heico Savings and Investment Plan · Sponsored by Heico Corporation · Florida · Manufacturing

$1.0B in assets, 6,503 participants

Heico Corporation's Heico Savings and Investment Plan reported $1.0B in total assets and 6,503 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)

Coverage in Florida

Heico Savings and Investment Plan covers 6,503 participants in Florida, 10x the typical Florida plan (state average ~631 per filing). Assets: $1.0B.

$1.0B
total plan assets (2024 EOY)
6,503
covered participants
98th
percentile by assets (of 116,472 plans)
$156,237
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heico Savings and Investment Plan reported participants rose from 5,127 in the plan year 2023 filing to 6,503 in the plan year 2024 filing.
  • Heico Savings and Investment Plan end-of-year assets rose from $843M in the plan year 2023 filing to $1.0B in the plan year 2024 filing.
  • Heico Savings and Investment Plan reported net income rose from $142M in the plan year 2023 filing to $165M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Heico Savings and Investment Plan reports 6,503 participants - 10x that state average ($1.0B EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$843M
Net Assets (End of Year)$1.0B
Net Income$165M
Employer EIN650341002
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heico Corporation)

$0.6B$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.7B $1.02B ▲ +45.7%
Total plan assets by year, all Heico Corporation plans on file
Year Plans Participants Total Assets
2022 1 4,151 $701M
2023 1 5,127 $843M
2024 1 6,503 $1.0B

Nearby 401(k) Plans in Florida

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

Heico Savings and Investment Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Heico Savings and Investment Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Heico Savings and In…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
Heico Savings and Investment Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Heico Savings and Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Heico Savings and Investment Plan assets move in 2024?
Heico Savings and Investment Plan grew sharply - up 20.6% during 2024, from $843M to $1.0B. Reported net income was $165M.
How have Heico Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Heico Corporation's sponsor-wide assets grew 44.9%, from $701M to $1.0B.
Where does Heico Savings and Investment Plan rank by assets among Form 5500 filers?
Heico Savings and Investment Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Heico Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Maersk Savings Plan in NJ ($1.0B, 10,357 participants).

Next read for Heico Savings and Investment Plan

Filing takeaways

Ways to act on Heico Savings and Investment Plan's numbers.

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 650341002.

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