401(k) · DOL Form 5500 · 2024

Panduit Corp. 401(k) Plan

Data updated 2026-07-24

$692M
Total assets
1,472
Participants
98th
Percentile by assets
$470,269
Avg per participant
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Official DOL plan name: Panduit 401(k) and Profit Sharing Plan · Sponsored by Panduit Corp. · Illinois · Manufacturing

$692M in assets, 1,472 participants

Panduit Corp.'s Panduit 401(k) and Profit Sharing Plan reported $692M in total assets and 1,472 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)

Where Panduit 401(k) and Profit Sharing Plan sits by assets

Panduit 401(k) and Profit Sharing Plan sits in the top 5% of all filed plans by assets, $692M for 1,472 participants (~$470,269/participant), up 8.4% in 2024.

$692M
total plan assets (2024 EOY)
1,472
covered participants
98th
percentile by assets (of 116,472 plans)
$470,269
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Panduit 401(k) and Profit Sharing Plan reported net income fell from $63M in the plan year 2023 filing to $54M in the plan year 2024 filing.
  • Panduit 401(k) and Profit Sharing Plan end-of-year assets rose from $639M in the plan year 2023 filing to $692M in the plan year 2024 filing.
  • Panduit 401(k) and Profit Sharing Plan reported participants fell from 1,515 in the plan year 2023 filing to 1,472 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Panduit 401(k) and Profit Sharing Plan vs the 2024 asset distribution

By assets, Panduit 401(k) and Profit Sharing Plan outranks 98% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 6.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$639M
Net Assets (End of Year)$692M
Net Income$54M
Employer EIN362601300
Plan Effective Date1966-10-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Panduit Corp.)

$550M$600M$650M$700M$750M 202220232024 $576M $692M ▲ +20.3%
Total plan assets by year, all Panduit Corp. plans on file
Year Plans Participants Total Assets
2022 1 1,530 $576M
2023 1 1,515 $639M
2024 1 1,472 $692M

Nearby 401(k) Plans in Illinois

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

Panduit 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Panduit 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Panduit 401(k) and P…Accenture United Sta…State Farm 401(k) Sa…United Airlines Pilo…Abbott Laboratories …Walgreens Retirement…
Panduit 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Panduit 401(k) and Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Panduit 401(k) and Profit Sharing Plan assets move in 2024?
Panduit 401(k) and Profit Sharing Plan grew at a solid clip - up 8.4% during 2024, from $639M to $692M. Reported net income was $54M.
How have Panduit Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Panduit Corp.'s sponsor-wide assets grew 20.3%, from $576M to $692M.
Where does Panduit 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers?
Panduit 401(k) and Profit Sharing Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Panduit 401(k) and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Piper Sandler Companies Retirement Plan in MN ($692M, 1,761 participants).

Next read for Panduit 401(k) and Profit Sharing Plan

Scale reading

Ways to act on Panduit 401(k) and Profit Sharing Plan's numbers.

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 362601300.

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