401(k) · DOL Form 5500 · 2023
Tech Mahindra (Americas) Inc. 401(k) Plan
Data updated 2026-08-25
- $123M
- Total assets Near avg plan size
- 7,288
- Participants Very large workforce
- 93rd
- Percentile by assets National rank
- $16,921
- Avg per participant Low balance/head
Official DOL plan name: Tech Mahindra Americas 401(k) Plan · Sponsored by Tech Mahindra (Americas) Inc. · Texas · Professional & Technical Services
$123M in assets, 7,288 participants
Tech Mahindra (Americas) Inc.'s Tech Mahindra Americas 401(k) Plan reported $123M in total assets and 7,288 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- #19,054 in Professional & Technical Services (20,321 peers)
Coverage in Texas
Tech Mahindra Americas 401(k) Plan covers 7,288 participants in Texas, 11x the typical Texas plan (state average ~688 per filing). Assets: $123M.
- #19,054
- in Professional & Technical Services (20,321 peers)
- +51.9%
- assets growth YoY
- 1.2×
- vs typical plan assets (national mean)
Tech Mahindra Americas 401(k) Plan's outsized position by total assets
Tech Mahindra Americas 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$123,320,176 Top 7% higher than 93% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Tech Mahindra Americas 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tech Mahindra Americas 401(k) Plan lands in the large band (7,288 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Tech Mahindra Americas 401(k) Plan reported net income rose from -$11M in the plan year 2022 filing to $21M in the plan year 2023 filing.
- Tech Mahindra Americas 401(k) Plan end-of-year assets rose from $81M in the plan year 2022 filing to $123M in the plan year 2023 filing.
- Tech Mahindra Americas 401(k) Plan reported participants rose from 6,230 in the plan year 2022 filing to 7,288 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 223282696 · Tech Mahindra (Americas) Inc. PY 2023 · 401(k)
Tech Mahindra Americas 401(k) Plan · $123M · 7,288 · 93rd
- PART $123M
- PART 7,288
- PART 93rd
- PART 401(k)
- PART near Thorlabs, Inc 401(k) Retirement Plan
- PART ind #19054
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 Professional & Technical Services retirement plans → · Plans in Texas →
Tech Mahindra Americas 401(k) Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $81M |
|---|---|
| Net Assets (End of Year) | $123M |
| Net Income | $21M |
| Employer EIN | 223282696 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tech Mahindra (Americas) Inc.)
Sponsor-wide plan assets over time
All Tech Mahindra (Americas) Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $137M 68.50321748994953% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,230 | $81M |
| 2023 | 1 | 7,288 | $123M |
| 2024 | 1 | 7,720 | $137M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
Scale composition for Tech Mahindra Americas 401(k) Plan
Tech Mahindra Americas 401(k) Plan reports $123M in end-of-year assets across 7,288 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $16,921 per participant (12% of the national average assets-per-participant) . Net income for plan year 2023 was $21M.
This plan identity (EIN 223282696, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $81M to $137M (+68.5%) while covered participants moved from 6,230 to 7,720 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,230 | $81M | Open filing |
| 2023 | 7,288 | $123M | This page |
| 2024 · index core | 7,720 | $137M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Tech Mahindra Americas 401(k) Plan (401(k), $137M, 7,720 participants)
Tech Mahindra Americas 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Thorlabs, Inc 401(k) Retirement Plan in NJ ($123M); by covered participants it is Mission Bbq 401(k) Plan in MD (7,292 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($123M here).
Similar participant headcount
Nearest other-state filings by covered participants (7,288 participants); asset peers above are excluded.
- Mission Bbq 401(k) Plan (MD) 7,292 · 4 off
- Fundamental Retirement Savings Plan (MD) 7,282 · 6 off
- Vacasa 401(k) Plan (OR) 7,281 · 7 off
- San Manuel Band of Mission Indians 401(k) Plan (CA) 7,298 · 10 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.