401(k) · DOL Form 5500 · 2024

Hutchinson Technology Incorporated 401(k) Plan

Data updated 2026-08-25

$207M
Total assets Near avg plan size
179
Participants Small participant base
94th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
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Official DOL plan name: Hutchinson Technology Incorporated 401(k) Plan · Sponsored by Hutchinson Technology Incorporated · Minnesota · Manufacturing

$207M in assets, 179 participants

Hutchinson Technology Incorporated's Hutchinson Technology Incorporated 401(k) Plan reported $207M in total assets and 179 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,258 in Manufacturing (17,777 peers)

Coverage in Minnesota

Hutchinson Technology Incorporated 401(k) Plan covers 179 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $207M.

#16,258
in Manufacturing (17,777 peers)
-5.3%
assets change YoY
2.1×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hutchinson Technology Incorporated 401(k) Plan's outsized position by total assets

Hutchinson Technology Incorporated 401(k) Plan vs every filed plan by assets

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

$207,066,907 Top 6% higher than 94% 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

Hutchinson Technology Incorporated 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. Hutchinson Technology Incorporated 401(k) Plan sits mid-pack in the medium band (179 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hutchinson Technology Incorporated 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to -$12M in the plan year 2024 filing.
  • Hutchinson Technology Incorporated 401(k) Plan reported participants fell from 502 in the plan year 2023 filing to 179 in the plan year 2024 filing.
  • Hutchinson Technology Incorporated 401(k) Plan end-of-year assets fell from $219M in the plan year 2023 filing to $207M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 410901840 · Hutchinson Technology Incorporated PY 2024 · 401(k)

Hutchinson Technology Incorporated 401(k) Plan · $207M · 179 · 94th

  • EOY $207M
  • 5500 179
  • ASSETS 94th
  • PCT 401(k)
  • EIN near Ltimindtree Ltd 401(k) Plan
  • RANK ind #16258

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 Minnesota →

Hutchinson Technology Incorporated 401(k) Plan in the asset neighbourhood

Coffman Engineers, Inc. Salary Deferral Profit Sharing Plan and TrustCoffman Engineers, Inc. Sala…$207MLtimindtree Ltd 401(k) Plan$207MHutchinson Technology Incorporated 401(k) PlanHutchinson Technology Incorp…$207MGreystone 401(k) Savings Plan$207MJackson Walker LLP Qualified Retirement Plan IIJackson Walker LLP Qualified…$207M
End-of-year total assets ($M) among Hutchinson Technology Incorporated 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$219M
Net Assets (End of Year)$207M
Net Income-$12M
Employer EIN410901840
Plan Effective Date1987-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hutchinson Technology Incorporated)

Sponsor-wide plan assets over time

All Hutchinson Technology Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$207M 4.824043378637986% vs 2022
2024 filing year
$205M$210M$215M$220M 202220232024 $218M $207M ▼ -4.8%
Year Plans Participants Total Assets
2022 1 495 $218M
2023 1 502 $219M
2024 1 179 $207M

Nearby 401(k) Plans in Minnesota

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

Hutchinson Technology Incorporated 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Hutchinson Technology Incorporated 401(k) Plan, Total assets ($B): 0.207066907 · Participants: 179Hutchinson Technology Incorporated 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Hutchinson Technology Incorporated 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Hutchinson Technology Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ltimindtree Ltd 401(k) Plan in NJ ($207M); by covered participants it is Davies Life & Health, Inc. in MA (179 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($207M here).

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Hutchinson Technology Incorporated 401(k) Plan assets move in 2024?
Hutchinson Technology Incorporated 401(k) Plan pulled back noticeably - down 5.3% during 2024, from $219M to $207M. Reported net income was -$12M.
How have Hutchinson Technology Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Hutchinson Technology Incorporated's sponsor-wide assets declined 4.8%, from $218M to $207M.
Where does Hutchinson Technology Incorporated 401(k) Plan rank by assets among Form 5500 filers?
Hutchinson Technology Incorporated 401(k) Plan ranks in the 94th 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 Hutchinson Technology Incorporated 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ltimindtree Ltd 401(k) Plan in NJ ($207M, 3,998 participants).
Which 401(k) plans cover a similar participant headcount to Hutchinson Technology Incorporated 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Davies Life & Health, Inc. in MA (179 participants, N/A in assets).