401(k) · DOL Form 5500 · 2023
The Hershey Company 401(k) Plan
Data updated 2026-08-25
- $2.0B
- Total assets Very large vs avg
- 10,921
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $182,955
- Avg per participant Above avg balance/head
Official DOL plan name: The Hershey Company 401(k) Plan · Sponsored by The Hershey Company · Pennsylvania · Manufacturing
$2.0B in assets, 10,921 participants
The Hershey Company's The Hershey Company 401(k) Plan reported $2.0B in total assets and 10,921 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #18,480 in Manufacturing (18,722 peers)
Coverage in Pennsylvania
The Hershey Company 401(k) Plan covers 10,921 participants in Pennsylvania, 13x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.0B.
- #18,480
- in Manufacturing (18,722 peers)
- +13.4%
- assets growth YoY
- 20×
- vs typical plan assets (national mean)
The Hershey Company 401(k) Plan's outsized position by total assets
The Hershey Company 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,998,046,769 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Hershey Company 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Hershey Company 401(k) Plan is a mega filing (10,921 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Hershey Company 401(k) Plan reported net income rose from -$370M in the plan year 2022 filing to $237M in the plan year 2023 filing.
- The Hershey Company 401(k) Plan end-of-year assets rose from $1.8B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
- The Hershey Company 401(k) Plan reported participants rose from 10,065 in the plan year 2022 filing to 10,921 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 230691590 · The Hershey Company PY 2023 · 401(k)
The Hershey Company 401(k) Plan · $2.0B · 10,921 · 99th
- BOOK $2.0B
- VS-ST 10,921
- BOY 99th
- SCH 401(k)
- EBSA near Bain and Company, Inc. 401(k) Savings Plan
- PART ind #18480
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 Pennsylvania →
The Hershey Company 401(k) Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $1.8B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | $237M |
| Employer EIN | 230691590 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Hershey Company)
Sponsor-wide plan assets over time
All The Hershey Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.9B 11.883862972141115% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 12,923 | $2.6B |
| 2023 | 5 | 14,683 | $2.8B |
| 2024 | 4 | 14,048 | $2.9B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Scale composition for The Hershey Company 401(k) Plan
The Hershey Company 401(k) Plan reports $2.0B in end-of-year assets across 10,921 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $182,955 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $237M.
This plan identity (EIN 230691590, plan #010) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.1B (+21.1%) while covered participants moved from 10,065 to 11,492 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,065 | $1.8B | Open filing |
| 2023 | 10,921 | $2.0B | This page |
| 2024 · index core | 11,492 | $2.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Hershey Company 401(k) Plan (401(k), $2.1B, 11,492 participants)
- The Hershey Company Retirement Plan (Defined Benefit (Pension), $730M, 2,280 participants)
The Hershey Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Bain and Company, Inc. 401(k) Savings Plan in MA ($2.0B); by covered participants it is Ampex Brands Retirement Savings Plan in TX (10,904 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.0B here).
- Bain and Company, Inc. 401(k) Savings Plan (MA) $2.0B · 6,210
- Commscope, Inc. Retirement Savings Plan (NC) $2.0B · 6,109
- Workday, Inc. 401(k) Plan (CA) $2.0B · 11,805
- Paypal 401(k) Savings Plan (CA) $2.0B · 12,121
Similar participant headcount
Nearest other-state filings by covered participants (10,921 participants); asset peers above are excluded.
- Ampex Brands Retirement Savings Plan (TX) 10,904 · 17 off
- Dxc Technology Matched Asset Plan (VA) 10,947 · 26 off
- Alight Solutions LLC 401(k) Plan (Fka Hewitt Associates LLC 401(k) Plan) (IL) 10,889 · 32 off
- Servicenow, Inc. 401(k) Plan (CA) 10,956 · 35 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.