401(k) · DOL Form 5500 · 2024

Beam Technologies Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
328
Participants Below avg headcount
67th
Percentile by assets National rank
$51,405
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Beam Technologies 401(k) Plan · Sponsored by Beam Technologies Inc. · Ohio · Finance & Insurance

$17M in assets, 328 participants

Beam Technologies Inc.'s Beam Technologies 401(k) Plan reported $17M in total assets and 328 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #4,391 in Finance & Insurance (8,549 peers)

Coverage in Ohio

Beam Technologies 401(k) Plan covers 328 participants in Ohio, about 43% of the average Ohio filer (state average ~765 per filing). Assets: $17M.

#4,391
in Finance & Insurance (8,549 peers)
+7.9%
assets growth YoY

Beam Technologies 401(k) Plan's outsized position by total assets

Beam Technologies 401(k) Plan vs every filed plan by assets

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

$16,860,842 Top 33% higher than 67% of 123,620 filed plans

This plan $0 $2,050,000,000 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

Beam Technologies 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Beam Technologies 401(k) Plan sits mid-pack in the medium band (328 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Beam Technologies 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Beam Technologies 401(k) Plan reported participants fell from 398 in the plan year 2023 filing to 328 in the plan year 2024 filing.
  • Beam Technologies 401(k) Plan end-of-year assets rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 371764683 · Beam Technologies Inc. PY 2024 · 401(k)

Beam Technologies 401(k) Plan · $17M · 328 · 67th

  • NET $17M
  • BOOK 328
  • VS-ST 67th
  • BOY 401(k)
  • SCH near King Automotive Group 401(k) Plan
  • EBSA ind #4391

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 Finance & Insurance retirement plans → · Plans in Ohio →

Beam Technologies 401(k) Plan in the asset neighbourhood

Beam Technologies 401(k) Plan$17MKing Automotive Group 401(k) PlanKing Automotive Group 401(k)…$17MCommunity Wholesale Tire 401(k) PlanCommunity Wholesale Tire 401…$17MHuahai US Inc 401(k) P/S Plan$17MBusiness Office Systems, Inc. Salary Reduction & TrustBusiness Office Systems, Inc…$17M
End-of-year total assets ($M) among Beam Technologies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$17M
Net Income$1M
Employer EIN371764683
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beam Technologies Inc.)

Sponsor-wide plan assets over time

All Beam Technologies Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 43.228355419639826% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.8M $16.9M ▲ +43.2%
Year Plans Participants Total Assets
2022 1 316 $12M
2023 1 398 $16M
2024 1 328 $17M

Nearby 401(k) Plans in Ohio

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

Beam Technologies 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Beam Technologies 401(k) Plan, Total assets ($B): 0.016860842 · Participants: 328Beam Technologies 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Beam Technologies 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Beam Technologies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is King Automotive Group 401(k) Plan in MD ($17M); by covered participants it is Viking Cloud 401(k) Plan in IL (328 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (328 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Beam Technologies 401(k) Plan assets move in 2024?
Beam Technologies 401(k) Plan grew at a solid clip - up 7.9% during 2024, from $16M to $17M. Reported net income was $1M.
How have Beam Technologies Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Beam Technologies Inc.'s sponsor-wide assets grew 43.2%, from $12M to $17M.
Which 401(k) plans are similar in size to Beam Technologies 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is King Automotive Group 401(k) Plan in MD ($17M, 198 participants).
Which 401(k) plans cover a similar participant headcount to Beam Technologies 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Viking Cloud 401(k) Plan in IL (328 participants, $20M in assets).