401(k) · DOL Form 5500 · 2024

Patrick Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$157M
Total assets Near avg plan size
8,541
Participants Very large workforce
93rd
Percentile by assets National rank
$18,384
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Patrick Industries, Inc. 401(k) Employee Savings Plan · Sponsored by Patrick Industries, Inc. · Indiana · Manufacturing

$157M in assets, 8,541 participants

Patrick Industries, Inc.'s Patrick Industries, Inc. 401(k) Employee Savings Plan reported $157M in total assets and 8,541 participants in its 2024 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.

  • #15,948 in Manufacturing (17,777 peers)

Coverage in Indiana

Patrick Industries, Inc. 401(k) Employee Savings Plan covers 8,541 participants in Indiana, 16x the typical Indiana plan (state average ~541 per filing). Assets: $157M.

#15,948
in Manufacturing (17,777 peers)
+23.6%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Patrick Industries, Inc. 401(k) Employee Savings Plan's outsized position by total assets

Patrick Industries, Inc. 401(k) Employee Savings Plan vs every filed plan by assets

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

$157,016,647 Top 7% higher than 93% 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

Patrick Industries, Inc. 401(k) Employee Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Patrick Industries, Inc. 401(k) Employee Savings Plan lands in the large band (8,541 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Patrick Industries, Inc. 401(k) Employee Savings Plan end-of-year assets rose from $127M in the plan year 2023 filing to $157M in the plan year 2024 filing.
  • Patrick Industries, Inc. 401(k) Employee Savings Plan reported participants fell from 9,544 in the plan year 2023 filing to 8,541 in the plan year 2024 filing.
  • Patrick Industries, Inc. 401(k) Employee Savings Plan reported net income fell from $32M in the plan year 2023 filing to $30M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351057796 · Patrick Industries, Inc. PY 2024 · 401(k)

Patrick Industries, Inc. 401(k) Employee Savings Plan · $157M · 8,541 · 93rd

  • PCT $157M
  • PCT 8,541
  • PCT 93rd
  • PCT 401(k)
  • PCT near Employee Savings Incentive Thrift Plan of Forbes Media LLC
  • PCT ind #15948

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 Manufacturing retirement plans → · Plans in Indiana →

Patrick Industries, Inc. 401(k) Employee Savings Plan in the asset neighbourhood

Weaver and Tidwell, L.L.P. Profit Sharing Plan and TrustWeaver and Tidwell, L.L.P. P…$157MEmployee Savings Incentive Thrift Plan of Forbes Media LLCEmployee Savings Incentive T…$157MPatrick Industries, Inc. 401(k) Employee Savings PlanPatrick Industries, Inc. 401…$157MParts Town Unlimited, LLC 401(k) PlanParts Town Unlimited, LLC 40…$157MElement Vehicle Management Services Group, LLC 401(k) PlanElement Vehicle Management S…$157M
End-of-year total assets ($M) among Patrick Industries, Inc. 401(k) Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$157M
Net Income$30M
Employer EIN351057796
Plan Effective Date1987-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Patrick Industries, Inc.)

Sponsor-wide plan assets over time

All Patrick Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$157M 79.28530341682587% vs 2022
2024 filing year
$50M$100M$150M$200M 202220232024 $87.6M $157M ▲ +79.3%
Year Plans Participants Total Assets
2022 1 8,854 $88M
2023 1 9,544 $127M
2024 1 8,541 $157M

Nearby 401(k) Plans in Indiana

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

Patrick Industries, Inc. 401(k) Employee Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -5051015 Total assets ($B) Participants Patrick Industries, Inc. 401(k) Employee Savings Plan, Total assets ($B): 0.157016647 · Participants: 8541Patrick Industries, Inc. 401(k) Employee Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Patrick Industries, Inc. 401(k) Employee Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Scale composition for Patrick Industries, Inc. 401(k) Employee Savings Plan

Patrick Industries, Inc. 401(k) Employee Savings Plan reports $157M in end-of-year assets across 8,541 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $18,384 per participant (13% of the national average assets-per-participant) . Net income for plan year 2024 was $30M.

This plan identity (EIN 351057796, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $88M to $157M (+79.3%) while covered participants moved from 8,854 to 8,541 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,854 $88M Open filing
2023 9,544 $127M Open filing
2024 · index core 8,541 $157M This page

Patrick Industries, Inc. 401(k) Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Employee Savings Incentive Thrift Plan of Forbes Media LLC in NJ ($157M); by covered participants it is Battelle Employees' Savings Plan in OH (8,543 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,541 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 Patrick Industries, Inc. 401(k) Employee Savings Plan assets move in 2024? ▼
Patrick Industries, Inc. 401(k) Employee Savings Plan grew sharply - up 23.6% during 2024, from $127M to $157M. Reported net income was $30M.
How have Patrick Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Patrick Industries, Inc.'s sponsor-wide assets grew 79.3%, from $88M to $157M.
Where does Patrick Industries, Inc. 401(k) Employee Savings Plan rank by assets among Form 5500 filers? ▼
Patrick Industries, Inc. 401(k) Employee Savings Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Patrick Industries, Inc. 401(k) Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Employee Savings Incentive Thrift Plan of Forbes Media LLC in NJ ($157M, 609 participants).
Which 401(k) plans cover a similar participant headcount to Patrick Industries, Inc. 401(k) Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Battelle Employees' Savings Plan in OH (8,543 participants, $3.4B in assets).