401(k)
2024 plan-year 401(k) DOL Form 5500

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

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Patrick Industries, Inc. · Indiana · Manufacturing

What the 2023 filing shows

Patrick Industries, Inc. 401(k) Employee Savings Plan holds $157M for 8,541 participants — about $18,384 per participant, up 23.6% over the 2024 plan year.

$157M
total plan assets (2024 EOY)
8,541
covered participants
$18,384
avg assets per participant
+23.6%
assets growth YoY
Total Assets (2023)
$157M
Participants
8,541
State
Industry
Manufacturing

What the Filing Says About Patrick Industries, Inc. 401(k) Employee Savings Plan

Patrick Industries, Inc. 401(k) Employee Savings Plan is a 401(k) retirement plan sponsored by Patrick Industries, Inc., headquartered in Indiana. As of the 2024 Form 5500 filing, the plan reports $157M in total end-of-year assets and covers 8,541 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 351057796, and the plan has been effective since 1987-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $127M at the beginning of 2024 to $157M at year-end — a gain of 23.6%. Net assets (after liabilities) closed the year at $157M, with reported net income of $30M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$127M
Total Assets (End of Year)$157M
Net Assets (End of Year)$157M
Net Income$30M
Plan Type401(k)
Employer EIN351057796
Plan Effective Date1987-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Patrick Industries, Inc.)

Year Plans Participants Total Assets
2022 1 8,854 $88M
2023 1 9,544 $127M
2024 1 8,541 $157M

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Frequently Asked Questions

How much money is in the Patrick Industries, Inc. 401(k) Employee Savings Plan?
As of the 2024 Form 5500 filing, Patrick Industries, Inc. 401(k) Employee Savings Plan holds $157M in total assets with 8,541 participants. It is sponsored by Patrick Industries, Inc..
What type of plan is Patrick Industries, Inc. 401(k) Employee Savings Plan?
Patrick Industries, Inc. 401(k) Employee Savings Plan is a 401(k) plan. It has been effective since 1987-08-01. The plan is filed with the U.S. Department of Labor under EIN 351057796.
Who sponsors the Patrick Industries, Inc. 401(k) Employee Savings Plan?
Patrick Industries, Inc. 401(k) Employee Savings Plan is sponsored by Patrick Industries, Inc., located in Indiana. The sponsor's EIN is 351057796 and the plan operates in the Manufacturing industry.
How did Patrick Industries, Inc. 401(k) Employee Savings Plan perform in 2024?
Patrick Industries, Inc. 401(k) Employee Savings Plan grew by 23.6% during 2024, moving from $127M to $157M in total assets. Net income was $30M.
Where can I find official filings for Patrick Industries, Inc. 401(k) Employee Savings Plan?
Official Form 5500 filings for Patrick Industries, Inc. 401(k) Employee Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351057796 or plan name at efast.dol.gov.
How does Patrick Industries, Inc. 401(k) Employee Savings Plan compare to other plans?
You can compare Patrick Industries, Inc. 401(k) Employee Savings Plan against other 401(k) plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 351057796.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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