401(k) · DOL Form 5500 · 2024

Astec Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$350M
Total assets
3,459
Participants
96th
Percentile by assets
$101,205
Avg per participant
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Official DOL plan name: Astec Industries, Inc. 401(k) Retirement Plan · Sponsored by Astec Industries, Inc. · Tennessee · Manufacturing

$350M in assets, 3,459 participants

Astec Industries, Inc.'s Astec Industries, Inc. 401(k) Retirement Plan reported $350M in total assets and 3,459 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #16,727 in Manufacturing (17,777 peers)

Coverage in Tennessee

Astec Industries, Inc. 401(k) Retirement Plan covers 3,459 participants in Tennessee, 3.1x the typical Tennessee plan (state average ~1,126 per filing). Assets: $350M.

$350M
total plan assets (2024 EOY)
3,459
covered participants
96th
percentile by assets (of 123,622 plans)
$101,205
avg assets per participant

Where Astec Industries, Inc. 401(k) Retirement Plan sits by total assets

Astec Industries, Inc. 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$350,069,041 Top 4% higher than 96% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Astec Industries, Inc. 401(k) Retirement Plan reported net income fell from $39M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • Astec Industries, Inc. 401(k) Retirement Plan end-of-year assets rose from $318M in the plan year 2023 filing to $350M in the plan year 2024 filing.
  • Astec Industries, Inc. 401(k) Retirement Plan reported participants rose from 3,445 in the plan year 2023 filing to 3,459 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Astec Industries, Inc. 401(k) Retirement Plan reports 3,459 participants - 3.1x that state average ($350M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$318M
Net Assets (End of Year)$350M
Net Income$32M
Employer EIN620873631
Plan Effective Date1987-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Astec Industries, Inc.)

$250M$300M$350M$400M 202220232024 $278M $350M ▲ +25.7%
Total plan assets by year, all Astec Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,093 $278M
2023 1 3,445 $318M
2024 1 3,459 $350M

Nearby 401(k) Plans in Tennessee

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

Astec Industries, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Astec Industries, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Astec Industries, In…Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
Astec Industries, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Astec Industries, Inc. 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Astec Industries, Inc. 401(k) Retirement Plan assets move in 2024?
Astec Industries, Inc. 401(k) Retirement Plan grew at a solid clip - up 10.1% during 2024, from $318M to $350M. Reported net income was $32M.
How have Astec Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Astec Industries, Inc.'s sponsor-wide assets grew 25.7%, from $278M to $350M.
Where does Astec Industries, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Astec Industries, Inc. 401(k) Retirement Plan ranks in the 96th percentile by end-of-year assets among 123,622 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 Astec Industries, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Minuteclinic 401(k) Plan in RI ($350M, 4,823 participants).

Next read for Astec Industries, Inc. 401(k) Retirement…

Filing takeaways

Ways to act on Astec Industries, Inc. 401(k) Retirement Plan's numbers.

  • By total assets, Astec Industries, Inc. 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
  • Astec Industries, Inc.'s sponsor-wide assets have grown 25.7% since 2022 across 3 plan years on file. More Manufacturing plans