401(k) · DOL Form 5500 · 2024

Hutchinson Fms, Inc. 401(k) Plan

Data updated 2026-08-11

$214M
Total assets
2,173
Participants
95th
Percentile by assets
$98,271
Avg per participant
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Official DOL plan name: Hutchinson Corporation 401(k) Plan & Trust · Sponsored by Hutchinson Fms, Inc. · Michigan · Manufacturing

$214M in assets, 2,173 participants

Hutchinson Fms, Inc.'s Hutchinson Corporation 401(k) Plan & Trust reported $214M in total assets and 2,173 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)
  • #16,280 in Manufacturing (17,777 peers)

Coverage in Michigan

Hutchinson Corporation 401(k) Plan & Trust covers 2,173 participants in Michigan, 3.4x the typical Michigan plan (state average ~638 per filing). Assets: $214M.

$214M
total plan assets (2024 EOY)
2,173
covered participants
95th
percentile by assets (of 123,622 plans)
$98,271
avg assets per participant

Where Hutchinson Corporation 401(k) Plan & Trust sits by total assets

Hutchinson Corporation 401(k) Plan & Trust vs every filed plan by assets

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

$213,543,484 Top 5% higher than 95% 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

  • Hutchinson Corporation 401(k) Plan & Trust end-of-year assets rose from $189M in the plan year 2023 filing to $214M in the plan year 2024 filing.
  • Hutchinson Corporation 401(k) Plan & Trust reported net income fell from $26M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Hutchinson Corporation 401(k) Plan & Trust reported participants rose from 2,091 in the plan year 2023 filing to 2,173 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Hutchinson Corporation 401(k) Plan & Trust reports 2,173 participants - 3.4x that state average ($214M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$189M
Net Assets (End of Year)$214M
Net Income$24M
Employer EIN383269787
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hutchinson Fms, Inc.)

$140M$160M$180M$200M$220M 202220232024 $163M $214M ▲ +31.1%
Total plan assets by year, all Hutchinson Fms, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,850 $163M
2023 1 2,091 $189M
2024 1 2,173 $214M

Nearby 401(k) Plans in Michigan

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

Hutchinson Corporation 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Hutchinson Corporation 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Hutchinson Corporati…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Hutchinson Corporation 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hutchinson Corporation 401(k) Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Hutchinson Corporation 401(k) Plan & Trust assets move in 2024?
Hutchinson Corporation 401(k) Plan & Trust grew at a solid clip - up 12.9% during 2024, from $189M to $214M. Reported net income was $24M.
How have Hutchinson Fms, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hutchinson Fms, Inc.'s sponsor-wide assets grew 31.1%, from $163M to $214M.
Where does Hutchinson Corporation 401(k) Plan & Trust rank by assets among Form 5500 filers?
Hutchinson Corporation 401(k) Plan & Trust 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 Hutchinson Corporation 401(k) Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Sheet Metal Workers Union Local 38 Profit Sharing Fund in NY ($214M, 1,243 participants).

Next read for Hutchinson Corporation 401(k) Plan & Tru…

Filing takeaways

Ways to act on Hutchinson Corporation 401(k) Plan & Trust's numbers.

  • By total assets, Hutchinson Corporation 401(k) Plan & Trust 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 Michigan. Compare plans
  • Hutchinson Fms, Inc.'s sponsor-wide assets have grown 31.1% since 2022 across 3 plan years on file. More Manufacturing plans