401(k) · DOL Form 5500 · 2023

Tech Mahindra (Americas) Inc. 401(k) Plan

Data updated 2026-08-11

$123M
Total assets
7,288
Participants
93rd
Percentile by assets
$16,921
Avg per participant
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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.

  • 93rd percentile by assets (of 127,072 plans)
  • #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.

$123M
total plan assets (2023 EOY)
7,288
covered participants
93rd
percentile by assets (of 127,072 plans)
$16,921
avg assets per participant

Where Tech Mahindra Americas 401(k) Plan sits 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

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 2023

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.

See the national 2022→2023 release diff →

State
Texas
Industry
Professional & Technical Services

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Tech Mahindra Americas 401(k) Plan reports 7,288 participants - 11x that state average ($123M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$81M
Net Assets (End of Year)$123M
Net Income$21M
Employer EIN223282696
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tech Mahindra (Americas) Inc.)

$60M$80M$100M$120M$140M$160M 202220232024 $81.2M $137M ▲ +68.5%
Total plan assets by year, all Tech Mahindra (Americas) Inc. plans on file
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.

Tech Mahindra Americas 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Tech Mahindra Americ…, Total assets ($B): 0.123320176 · Participants: 7288Tech Mahindra Americ…AT&T Retirement Savi…, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings P…Caterpillar 401(k) S…, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) S…American Airlines, I…, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, I…Dell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Tech Mahindra Americas 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Tech Mahindra Americas 401(k) Plan side-by-side with 3 peers →

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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Tech Mahindra Americas 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Tech Mahindra Americas 401(k) Plan assets move in 2023? ▼
Tech Mahindra Americas 401(k) Plan surged - up 51.9% during 2023, from $81M to $123M. Reported net income was $21M.
How have Tech Mahindra (Americas) Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tech Mahindra (Americas) Inc.'s sponsor-wide assets grew 68.5%, from $81M to $137M.
Where does Tech Mahindra Americas 401(k) Plan rank by assets among Form 5500 filers? ▼
Tech Mahindra Americas 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Tech Mahindra Americas 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Thorlabs, Inc 401(k) Retirement Plan in NJ ($123M, 1,381 participants).

Next read for Tech Mahindra Americas 401(k) Plan

Filing takeaways

Ways to act on Tech Mahindra Americas 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 223282696.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.