401(k) · DOL Form 5500 · 2024

The Cannon Corporation 401(k) Plan

Data updated 2026-08-11

$274M
Total assets: 1,151
Participants: 95th
Percentile by assets: $237,686
Avg per participant

Official DOL plan name: The Cannon Corporation 401(k) Plan · Sponsored by The Cannon Corporation · New York · Professional & Technical Services

$274M in assets, 1,151 participants

The Cannon Corporation's The Cannon Corporation 401(k) Plan reported $274M in total assets and 1,151 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 123,622 plans)
#19,473 in Professional & Technical Services (20,173 peers)

Where The Cannon Corporation 401(k) Plan sits by assets

The Cannon Corporation 401(k) Plan sits in the top 5% of all filed plans by assets, $274M for 1,151 participants (~$237,686/participant), up 20.8% in 2024.

$274M
total plan assets (2024 EOY): 1,151
covered participants: 95th
percentile by assets (of 123,622 plans): $237,686
avg assets per participant

Where The Cannon Corporation 401(k) Plan sits by total assets

The Cannon Corporation 401(k) Plan vs every filed plan by assets

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

$273,576,298 Top 5% higher than 95% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

The Cannon Corporation 401(k) Plan end-of-year assets rose from $227M in the plan year 2023 filing to $274M in the plan year 2024 filing.
The Cannon Corporation 401(k) Plan reported net income fell from $38M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Professional & Technical Services

The Cannon Corporation 401(k) Plan vs the 2024 asset distribution

By assets, The Cannon Corporation 401(k) Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$227M
Net Assets (End of Year)	$274M
Net Income	$37M
Employer EIN	160698950
Plan Effective Date	1984-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Cannon Corporation)

Total plan assets by year, all The Cannon Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	1,067	$189M
2023	1	1,151	$227M
2024	1	1,151	$274M

Nearby 401(k) Plans in New York

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

The Cannon Corporation 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401(k) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare The Cannon Corporation 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Cannon Corporation 401(k) Plan by total assets, not by location.

Tsmc Washington 401(k) Retirement Plan (WA) $274M · 969
Teknor Savings Plus Plan (RI) $273M · 1,676
Smartsheet Inc. 401(k) P/S Plan (WA) $274M · 2,594
Ravago Americas 401(k) Savings and Profit Sharing Plan (FL) $274M · 1,542

Frequently Asked Questions

How did The Cannon Corporation 401(k) Plan assets move in 2024? ▼

The Cannon Corporation 401(k) Plan grew sharply - up 20.8% during 2024, from $227M to $274M. Reported net income was $37M.

How have The Cannon Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Cannon Corporation's sponsor-wide assets grew 45.1%, from $189M to $274M.

Where does The Cannon Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼

The Cannon Corporation 401(k) Plan ranks in the 95th 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 The Cannon Corporation 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Tsmc Washington 401(k) Retirement Plan in WA ($274M, 969 participants).

Next read for The Cannon Corporation 401(k) Plan

Scale reading

Ways to act on The Cannon Corporation 401(k) Plan's numbers.

By total assets, The Cannon Corporation 401(k) 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 New York. Compare plans
The Cannon Corporation's sponsor-wide assets have grown 45.1% since 2022 across 3 plan years on file. More Professional & Technical Services plans

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 160698950.