401(k) · DOL Form 5500 · 2024

The Hershey Company 401(k) Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
11,492
Participants Very large workforce
99th
Percentile by assets National rank
$185,631
Avg per participant Above avg balance/head
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Official DOL plan name: The Hershey Company 401(k) Plan · Sponsored by The Hershey Company · Pennsylvania · Manufacturing

$2.1B in assets, 11,492 participants

The Hershey Company's The Hershey Company 401(k) Plan reported $2.1B in total assets and 11,492 participants in its 2024 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.

  • #17,542 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

The Hershey Company 401(k) Plan covers 11,492 participants in Pennsylvania, 14x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.1B.

#17,542
in Manufacturing (17,777 peers)
+6.8%
assets growth YoY
21×
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 2024 · DOL Form 5500

$2,133,276,680 Top 1% higher than 99% 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 Hershey Company 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2024 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 (11,492 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Hershey Company 401(k) Plan reported net income fell from $237M in the plan year 2023 filing to $135M in the plan year 2024 filing.
  • The Hershey Company 401(k) Plan end-of-year assets rose from $2.0B in the plan year 2023 filing to $2.1B in the plan year 2024 filing.
  • The Hershey Company 401(k) Plan reported participants rose from 10,921 in the plan year 2023 filing to 11,492 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 230691590 · The Hershey Company PY 2024 · 401(k)

The Hershey Company 401(k) Plan · $2.1B · 11,492 · 99th

  • SCH $2.1B
  • EBSA 11,492
  • PART 99th
  • TYPE 401(k)
  • NET near Hmh 401(k) Savings Plan
  • BOOK ind #17542

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

Molson Coors Employees' Retirement and Savings PlanMolson Coors Employees' Reti…$2.1BThe Hershey Company 401(k) PlanThe Hershey Company 401(k) P…$2.1BHmh 401(k) Savings Plan$2.1BSan Diego Gas & Electric Company Savings PlanSan Diego Gas & Electric Com…$2.1BAllianz Asset Accumulation PlanAllianz Asset Accumulation P…$2.1B
End-of-year total assets ($B) among The Hershey Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$2.1B
Net Income$135M
Employer EIN230691590
Plan Effective Date1985-01-01
Filing StatusFILING 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
$2.5B$2.6B$2.7B$2.8B$2.9B$3B 202220232024 $2.57B $2.87B ▲ +11.7%
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.

The Hershey Company 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants The Hershey Company 401(k) Plan, Total assets ($B): 2.13327668 · Participants: 11492The Hershey Company 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
The Hershey Company 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for The Hershey Company 401(k) Plan

The Hershey Company 401(k) Plan reports $2.1B in end-of-year assets across 11,492 participants (0.017% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $185,631 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2024 was $135M.

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 Open filing
2024 · index core 11,492 $2.1B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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 Hmh 401(k) Savings Plan in NJ ($2.1B); by covered participants it is Corecivic 401(k) Plan in TN (11,493 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,492 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 Hershey Company 401(k) Plan assets move in 2024? ▼
The Hershey Company 401(k) Plan grew at a solid clip - up 6.8% during 2024, from $2.0B to $2.1B. Reported net income was $135M.
How have The Hershey Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Hershey Company's sponsor-wide assets grew 11.9%, from $2.6B to $2.9B.
Where does The Hershey Company 401(k) Plan rank by assets among Form 5500 filers? ▼
The Hershey Company 401(k) Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to The Hershey Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hmh 401(k) Savings Plan in NJ ($2.1B, 35,701 participants).
Which 401(k) plans cover a similar participant headcount to The Hershey Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Corecivic 401(k) Plan in TN (11,493 participants, $454M in assets).