Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN

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

IPG PHOTONICS CORPORATION

This Profit Sharing plan holds $289M in total assets and serves 2,285 participants as of 2024. It is sponsored by IPG PHOTONICS CORPORATION in Massachusetts. The plan reported positive net income of $34M for the year.

Total Assets (2023)
$289M
Participants
2,285
Industry
Manufacturing

What the Filing Says About IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN

IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by IPG PHOTONICS CORPORATION, headquartered in Massachusetts. As of the 2024 Form 5500 filing, the plan reports $289M in total end-of-year assets and covers 2,285 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 043444218, and the plan has been effective since 1999-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $255M at the beginning of 2024 to $289M at year-end — a gain of 13.2%. Net assets (after liabilities) closed the year at $289M, with reported net income of $34M 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)$255M
Total Assets (End of Year)$289M
Net Assets (End of Year)$289M
Net Income$34M
Plan TypeProfit Sharing
Employer EIN043444218
Plan Effective Date1999-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IPG PHOTONICS CORPORATION)

Year Plans Participants Total Assets
2022 1 2,191 $212M
2023 1 2,177 $255M
2024 1 2,285 $289M

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Frequently Asked Questions

How much money is in the IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN?
As of the 2024 Form 5500 filing, IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN holds $289M in total assets with 2,285 participants. It is sponsored by IPG PHOTONICS CORPORATION.
What type of plan is IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN?
IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1999-03-01. The plan is filed with the U.S. Department of Labor under EIN 043444218.
Who sponsors the IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN?
IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN is sponsored by IPG PHOTONICS CORPORATION, located in Massachusetts. The sponsor's EIN is 043444218 and the plan operates in the Manufacturing industry.
How did IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN perform in 2024?
IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN grew by 13.2% during 2024, moving from $255M to $289M in total assets. Net income was $34M.
Where can I find official filings for IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN?
Official Form 5500 filings for IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 043444218 or plan name at efast.dol.gov.
How does IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN compare to other plans?
You can compare IPG PHOTONICS CORPORATION 401(K) RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in Massachusetts 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 043444218.

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 official public datasets. See our methodology for details.