401(k) · DOL Form 5500 · 2024

Hyundai Power Transformers USA 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
275
Participants Below avg headcount
52nd
Percentile by assets National rank
$30,974
Avg per participant Low balance/head
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Official DOL plan name: Hyundai Power Transformers USA 401(k) Plan · Sponsored by Hyundai Power Transformers USA · Alabama · Manufacturing

$9M in assets, 275 participants

Hyundai Power Transformers USA's Hyundai Power Transformers USA 401(k) Plan reported $9M in total assets and 275 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,607 in Manufacturing (17,777 peers)

Hyundai Power Transformers USA multi-year trail

Hyundai Power Transformers USA's plans moved +57.0% in assets from 2022 to 2024; this filing shows Hyundai Power Transformers USA 401(k) Plan at $9M / 275 participants.

#6,607
in Manufacturing (17,777 peers)
+26.9%
assets growth YoY

Hyundai Power Transformers USA 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Hyundai Power Transformers USA 401(k) Plan vs every filed plan by assets

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

$8,517,787 Top 48% higher than 52% 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

Hyundai Power Transformers USA 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. Hyundai Power Transformers USA 401(k) Plan sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hyundai Power Transformers USA 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Hyundai Power Transformers USA 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Hyundai Power Transformers USA 401(k) Plan reported participants rose from 266 in the plan year 2023 filing to 275 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 273200902 · Hyundai Power Transformers USA PY 2024 · 401(k)

Hyundai Power Transformers USA 401(k) Plan · $9M · 275 · 52nd

  • TYPE $9M
  • TYPE 275
  • TYPE 52nd
  • TYPE 401(k)
  • TYPE near Blakeman Transportation 401(k) Profit Sharing Plan
  • TYPE ind #6607

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 Alabama →

Hyundai Power Transformers USA 401(k) Plan in the asset neighbourhood

Hyundai Power Transformers USA 401(k) PlanHyundai Power Transformers U…$9MBlakeman Transportation 401(k) Profit Sharing PlanBlakeman Transportation 401(…$9MCroman Corporation 401(k) Profit-Sharing PlanCroman Corporation 401(k) Pr…$9MGac Shipping (USA), Inc. 401(k) Savings PlanGac Shipping (USA), Inc. 401…$9MTurn Community Services 401(k) PlanTurn Community Services 401(…$9M
End-of-year total assets ($M) among Hyundai Power Transformers USA 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hyundai Power Transformers USA multi-year asset trail

Sponsor-wide plan assets over time

All Hyundai Power Transformers USA plans reported in each filing year

Latest sponsor-wide plan assets
$9M 56.99132010552852% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.43M $8.52M ▲ +56.9%
Year Plans Participants Total Assets
2022 1 285 $5M
2023 1 266 $7M
2024 1 275 $9M

Hyundai Power Transformers USA filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN273200902
Plan Effective Date2011-07-04
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

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

Hyundai Power Transformers USA 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Hyundai Power Transformers USA 401(k) Plan, Total assets ($B): 0.008517787 · Participants: 275Hyundai Power Transformers USA 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Hyundai Power Transformers USA 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Hyundai Power Transformers USA 401(k) Plan side-by-side with 3 peers →

Hyundai Power Transformers USA 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Blakeman Transportation 401(k) Profit Sharing Plan in TX ($9M); by covered participants it is Territorial Savings Bank 401(k) Plan in HI (275 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (275 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 Hyundai Power Transformers USA 401(k) Plan assets move in 2024? ▼
Hyundai Power Transformers USA 401(k) Plan grew sharply - up 26.9% during 2024, from $7M to $9M. Reported net income was $2M.
How have Hyundai Power Transformers USA plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hyundai Power Transformers USA's sponsor-wide assets grew 57.0%, from $5M to $9M.
Which 401(k) plans are similar in size to Hyundai Power Transformers USA 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Blakeman Transportation 401(k) Profit Sharing Plan in TX ($9M, 52 participants).
Which 401(k) plans cover a similar participant headcount to Hyundai Power Transformers USA 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Territorial Savings Bank 401(k) Plan in HI (275 participants, $43M 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 273200902.

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.