401(k) · DOL Form 5500 · 2024

The Eastern Company 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
464
Participants Below avg headcount
85th
Percentile by assets National rank
$117,742
Avg per participant Below avg balance/head
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Official DOL plan name: The Eastern, Velvac & Big 3 401(k) Plan · Sponsored by The Eastern Company · Connecticut · Manufacturing

$55M in assets, 464 participants

The Eastern Company's The Eastern, Velvac & Big 3 401(k) Plan reported $55M in total assets and 464 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,004 in Manufacturing (17,777 peers)

Where The Eastern, Velvac & Big 3 401(k) Plan sits by assets

The Eastern, Velvac & Big 3 401(k) Plan sits in the top quartile of all filed plans by assets, $55M for 464 participants (~$117,742/participant), up 8.3% in 2024.

#14,004
in Manufacturing (17,777 peers)
+8.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

The Eastern, Velvac & Big 3 401(k) Plan's outsized position by total assets

The Eastern, Velvac & Big 3 401(k) Plan vs every filed plan by assets

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

$54,632,491 Top 15% higher than 85% 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

The Eastern, Velvac & Big 3 401(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. The Eastern, Velvac & Big 3 401(k) Plan sits mid-pack in the medium band (464 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Eastern, Velvac & Big 3 401(k) Plan reported participants rose from 188 in the plan year 2023 filing to 464 in the plan year 2024 filing.
  • The Eastern, Velvac & Big 3 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • The Eastern, Velvac & Big 3 401(k) Plan end-of-year assets rose from $50M in the plan year 2023 filing to $55M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 060330020 · The Eastern Company PY 2024 · 401(k)

The Eastern, Velvac & Big 3 401(k) Plan · $55M · 464 · 85th

  • SCH $55M
  • EBSA 464
  • PART 85th
  • TYPE 401(k)
  • NET near Seaview Orthopaedics 401(k) Plan
  • BOOK ind #14004

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 Connecticut →

The Eastern, Velvac & Big 3 401(k) Plan in the asset neighbourhood

Burton + Burton Profit Sharing & 401(k) PlanBurton + Burton Profit Shari…$55MPhynet Dermatology, LLC 401(k) PlanPhynet Dermatology, LLC 401(…$55MKin and Carta 401(k) Plan$55MThe Eastern, Velvac & Big 3 401(k) PlanThe Eastern, Velvac & Big 3 …$55MSeaview Orthopaedics 401(k) PlanSeaview Orthopaedics 401(k) …$55M
End-of-year total assets ($M) among The Eastern, Velvac & Big 3 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$55M
Net Income$4M
Employer EIN060330020
Plan Effective Date1994-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Eastern Company)

Sponsor-wide plan assets over time

All The Eastern Company plans reported in each filing year

Latest sponsor-wide plan assets
$111M 32.04575102152686% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $84.1M $111M ▲ +32.1%
Year Plans Participants Total Assets
2022 4 306 $84M
2023 4 302 $109M
2024 4 573 $111M

Nearby 401(k) Plans in Connecticut

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

The Eastern, Velvac & Big 3 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Eastern, Velvac & Big 3 401(k) Plan, Total assets ($B): 0.054632491 · Participants: 464The Eastern, Velvac & Big 3 401(k) PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
The Eastern, Velvac & Big 3 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare The Eastern, Velvac & Big 3 401(k) Plan side-by-side with 3 peers →

The Eastern, Velvac & Big 3 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Seaview Orthopaedics 401(k) Plan in NJ ($55M); by covered participants it is Tribar Manufacturing, LLC 401(k) Plan in MI (464 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($55M here).

Similar participant headcount

Nearest other-state filings by covered participants (464 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 The Eastern, Velvac & Big 3 401(k) Plan assets move in 2024? ▼
The Eastern, Velvac & Big 3 401(k) Plan grew at a solid clip - up 8.3% during 2024, from $50M to $55M. Reported net income was $4M.
How have The Eastern Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Eastern Company's sponsor-wide assets grew 32.0%, from $84M to $111M.
Where does The Eastern, Velvac & Big 3 401(k) Plan rank by assets among Form 5500 filers? ▼
The Eastern, Velvac & Big 3 401(k) Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Eastern, Velvac & Big 3 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Seaview Orthopaedics 401(k) Plan in NJ ($55M, 381 participants).
Which 401(k) plans cover a similar participant headcount to The Eastern, Velvac & Big 3 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tribar Manufacturing, LLC 401(k) Plan in MI (464 participants, $6M 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 060330020.

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.