401(k) · DOL Form 5500 · 2024

Hermetic Switch, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
142
Participants Small participant base
34th
Percentile by assets National rank
$21,135
Avg per participant Low balance/head
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Official DOL plan name: Hermetic Switch Savings Incentive Plan · Sponsored by Hermetic Switch, Inc. · Oklahoma · Manufacturing

$3M in assets, 142 participants

Hermetic Switch, Inc.'s Hermetic Switch Savings Incentive Plan reported $3M in total assets and 142 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,145 in Manufacturing (17,777 peers)

Coverage in Oklahoma

Hermetic Switch Savings Incentive Plan covers 142 participants in Oklahoma, about 19% of the average Oklahoma filer (state average ~760 per filing). Assets: $3M.

#3,145
in Manufacturing (17,777 peers)
+2.3%
assets growth YoY

Hermetic Switch Savings Incentive Plan's mid-pack asset rank among Manufacturing and all filers

Hermetic Switch Savings Incentive Plan vs every filed plan by assets

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

$3,001,123 34th percentile higher than 34% 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

Hermetic Switch Savings Incentive 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. Hermetic Switch Savings Incentive Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hermetic Switch Savings Incentive Plan reported net income fell from $584K in the plan year 2023 filing to $66K in the plan year 2024 filing.
  • Hermetic Switch Savings Incentive Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Hermetic Switch Savings Incentive Plan reported participants fell from 144 in the plan year 2023 filing to 142 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 730773942 · Hermetic Switch, Inc. PY 2024 · 401(k)

Hermetic Switch Savings Incentive Plan · $3M · 142 · 34th

  • 5500 $3M
  • ASSETS 142
  • PCT 34th
  • EIN 401(k)
  • RANK near Olli Salumeria Americana LLC 401(k) Plan
  • PHOTO ind #3145

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 Oklahoma →

Hermetic Switch Savings Incentive Plan in the asset neighbourhood

Hermetic Switch Savings Incentive PlanHermetic Switch Savings Ince…$3MOlli Salumeria Americana LLC 401(k) PlanOlli Salumeria Americana LLC…$3MGerald C. Condon, Jr. & Associates 401(k) Retirement Savings PlanGerald C. Condon, Jr. & Asso…$3MProfessional Personnel 401(k) PlanProfessional Personnel 401(k…$3MRedwood Community Services, Inc. 401(k) PlanRedwood Community Services, …$3M
End-of-year total assets ($M) among Hermetic Switch Savings Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Oklahoma filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$66K
Employer EIN730773942
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hermetic Switch, Inc.)

Sponsor-wide plan assets over time

All Hermetic Switch, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 16.233450146238976% vs 2022
2024 filing year
$18M$19M$20M$21M$22M 202220232024 $18.4M $21.4M ▲ +16.3%
Year Plans Participants Total Assets
2022 2 256 $18M
2023 2 285 $20M
2024 2 305 $21M

Nearby 401(k) Plans in Oklahoma

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

Hermetic Switch Savings Incentive Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246 Total assets ($B) Participants Hermetic Switch Savings Incentive Plan, Total assets ($B): 0.003001123 · Participants: 142Hermetic Switch Savings Incentive PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.827423826 · Participants: 13369Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.978642425 · Participants: 5204The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.415489 · Participants: 4756Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.190240873 · Participants: 4907Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 1.073833495 · Participants: 1958Devon Energy Corporation Incentive Savings Plan
Hermetic Switch Savings Incentive Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants
Compare Hermetic Switch Savings Incentive Plan side-by-side with 3 peers →

Hermetic Switch Savings Incentive Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Olli Salumeria Americana LLC 401(k) Plan in CA ($3M); by covered participants it is Slickdeals, LLC 401(k) Profit Sharing Plan in NV (142 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (142 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 Hermetic Switch Savings Incentive Plan assets move in 2024? ▼
Hermetic Switch Savings Incentive Plan edged up modestly - up 2.3% during 2024, from $3M to $3M. Reported net income was $66K.
How have Hermetic Switch, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hermetic Switch, Inc.'s sponsor-wide assets grew 16.2%, from $18M to $21M.
Which 401(k) plans are similar in size to Hermetic Switch Savings Incentive Plan? ▼
Among 401(k) plans in other states, the closest by assets is Olli Salumeria Americana LLC 401(k) Plan in CA ($3M, 158 participants).
Which 401(k) plans cover a similar participant headcount to Hermetic Switch Savings Incentive Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Slickdeals, LLC 401(k) Profit Sharing Plan in NV (142 participants, $19M in assets).

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 730773942.

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.