401(k) · DOL Form 5500 · 2024
The Hershey Company 401(k) Plan
Data updated 2026-08-11
- $2.1B
- Total assets
- 11,492
- Participants
- 99th
- Percentile by assets
- $185,631
- Avg per participant
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.
- 99th percentile by assets (of 123,622 plans)
- #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.
- $2.1B
- total plan assets (2024 EOY)
- 11,492
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $185,631
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. The Hershey Company 401(k) Plan reports 11,492 participants - 14x that state average ($2.1B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $2.1B |
| Net Income | $135M |
| Employer EIN | 230691590 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Hershey Company)
| 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
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
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 Retirement Plan (Defined Benefit (Pension), $730M, 2,280 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Hershey Company 401(k) Plan by total assets, not by location.
- Hmh 401(k) Savings Plan (NJ) $2.1B · 35,701
- San Diego Gas & Electric Company Savings Plan (CA) $2.1B · 4,931
- Molson Coors Employees' Retirement and Savings Plan (WI) $2.1B · 5,499
- Allianz Asset Accumulation Plan (MN) $2.1B · 5,354
Frequently Asked Questions
How did The Hershey Company 401(k) Plan assets move in 2024? ▼
How have The Hershey Company plan assets changed over time? ▼
Where does The Hershey Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Hershey Company 401(k) Plan? ▼
Next read for The Hershey Company 401(k) Plan
Filing takeaways
Ways to act on The Hershey Company 401(k) Plan's numbers.
- By total assets, The Hershey Company 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- The Hershey Company's sponsor-wide assets have grown 11.9% since 2022 across 3 plan years on file. More Manufacturing plans