401(k) · DOL Form 5500 · 2024

Hy-Tek Material Handling, LLC 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
422
Participants Below avg headcount
84th
Percentile by assets National rank
$113,981
Avg per participant Below avg balance/head
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Official DOL plan name: Hy-Tek Material Handling, LLC 401(k) Plan · Sponsored by Hy-Tek Material Handling, LLC · Ohio · Wholesale Trade

$48M in assets, 422 participants

Hy-Tek Material Handling, LLC's Hy-Tek Material Handling, LLC 401(k) Plan reported $48M in total assets and 422 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #5,145 in Wholesale Trade (6,080 peers)

Where Hy-Tek Material Handling, LLC 401(k) Plan sits by assets

Hy-Tek Material Handling, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $48M for 422 participants (~$113,981/participant), down 3.5% in 2024.

#5,145
in Wholesale Trade (6,080 peers)
-3.5%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hy-Tek Material Handling, LLC 401(k) Plan's outsized position by total assets

Hy-Tek Material Handling, LLC 401(k) Plan vs every filed plan by assets

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

$48,099,876 Top 16% higher than 84% of 123,620 filed plans

This plan $0 $2,050,000,000 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

Hy-Tek Material Handling, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hy-Tek Material Handling, LLC 401(k) Plan sits mid-pack in the medium band (422 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hy-Tek Material Handling, LLC 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Hy-Tek Material Handling, LLC 401(k) Plan reported participants fell from 589 in the plan year 2023 filing to 422 in the plan year 2024 filing.
  • Hy-Tek Material Handling, LLC 401(k) Plan end-of-year assets fell from $50M in the plan year 2023 filing to $48M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 311277283 · Hy-Tek Material Handling, LLC PY 2024 · 401(k)

Hy-Tek Material Handling, LLC 401(k) Plan · $48M · 422 · 84th

  • VS-ST $48M
  • BOY 422
  • SCH 84th
  • EBSA 401(k)
  • PART near Student Transportation of America, Inc. 401(k) Savings Plan
  • TYPE ind #5145

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Ohio →

Hy-Tek Material Handling, LLC 401(k) Plan in the asset neighbourhood

Emirates Retirement Savings PlanEmirates Retirement Savings …$48MPainters District Council #58 401(k) PlanPainters District Council #5…$48MHy-Tek Material Handling, LLC 401(k) PlanHy-Tek Material Handling, LL…$48MStudent Transportation of America, Inc. 401(k) Savings PlanStudent Transportation of Am…$48MOnesource Business Solutions, LLC Retirement Savings PlanOnesource Business Solutions…$48M
End-of-year total assets ($M) among Hy-Tek Material Handling, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$48M
Net Income-$2M
Employer EIN311277283
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hy-Tek Material Handling, LLC)

Sponsor-wide plan assets over time

All Hy-Tek Material Handling, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$48M 9.840571366092306% vs 2022
2024 filing year
$42M$44M$46M$48M$50M$52M 202220232024 $43.8M $48.1M ▲ +9.8%
Year Plans Participants Total Assets
2022 2 529 $44M
2023 1 589 $50M
2024 1 422 $48M

Nearby 401(k) Plans in Ohio

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

Hy-Tek Material Handling, LLC 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Hy-Tek Material Handling, LLC 401(k) Plan, Total assets ($B): 0.048099876 · Participants: 422Hy-Tek Material Handling, LLC 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Hy-Tek Material Handling, LLC 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Hy-Tek Material Handling, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Student Transportation of America, Inc. 401(k) Savings Plan in NJ ($48M); by covered participants it is Manchester Tank & Equipment Co. 401(k) Plan in AL (422 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (422 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hy-Tek Material Handling, LLC 401(k) Plan assets move in 2024?
Hy-Tek Material Handling, LLC 401(k) Plan edged down modestly - down 3.5% during 2024, from $50M to $48M. Reported net income was -$2M.
How have Hy-Tek Material Handling, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hy-Tek Material Handling, LLC's sponsor-wide assets grew 9.8%, from $44M to $48M.
Where does Hy-Tek Material Handling, LLC 401(k) Plan rank by assets among Form 5500 filers?
Hy-Tek Material Handling, LLC 401(k) Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hy-Tek Material Handling, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Student Transportation of America, Inc. 401(k) Savings Plan in NJ ($48M, 13,836 participants).
Which 401(k) plans cover a similar participant headcount to Hy-Tek Material Handling, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Manchester Tank & Equipment Co. 401(k) Plan in AL (422 participants, $27M in assets).