401(k) · DOL Form 5500 · 2024

Hexcel Corporation 401(k) Plan

Data updated 2026-08-11

$527M
Total assets
2,694
Participants
97th
Percentile by assets
$195,637
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Hexcel Corporation 401(k) Retirement Savings Plan · Sponsored by Hexcel Corporation · Connecticut · Manufacturing

$527M in assets, 2,694 participants

Hexcel Corporation's Hexcel Corporation 401(k) Retirement Savings Plan reported $527M in total assets and 2,694 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #17,020 in Manufacturing (17,777 peers)

Coverage in Connecticut

Hexcel Corporation 401(k) Retirement Savings Plan covers 2,694 participants in Connecticut, 3.8x the typical Connecticut plan (state average ~718 per filing). Assets: $527M.

$527M
total plan assets (2024 EOY)
2,694
covered participants
97th
percentile by assets (of 123,622 plans)
$195,637
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hexcel Corporation 401(k) Retirement Savings Plan reported net income fell from $72M in the plan year 2023 filing to $46M in the plan year 2024 filing.
  • Hexcel Corporation 401(k) Retirement Savings Plan end-of-year assets rose from $481M in the plan year 2023 filing to $527M in the plan year 2024 filing.
  • Hexcel Corporation 401(k) Retirement Savings Plan reported participants rose from 2,590 in the plan year 2023 filing to 2,694 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. Hexcel Corporation 401(k) Retirement Savings Plan reports 2,694 participants - 3.8x that state average ($527M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$481M
Net Assets (End of Year)$527M
Net Income$46M
Employer EIN941109521
Plan Effective Date1954-09-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Hexcel Corporation)

$400M$450M$500M$550M$600M 202220232024 $420M $541M ▲ +28.9%
Total plan assets by year, all Hexcel Corporation plans on file
Year Plans Participants Total Assets
2022 2 2,598 $420M
2023 2 2,817 $493M
2024 2 2,942 $541M

Nearby 401(k) Plans in Connecticut

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

Hexcel Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Hexcel Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Hexcel Corporation 4…Rtx Savings PlanCiti Retirement Savi…The Hartford Investm…Eversource 401(k) PlanXerox Corporation Sa…
Hexcel Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hexcel Corporation 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hexcel Corporation 401(k) Retirement Savings Plan assets move in 2024?
Hexcel Corporation 401(k) Retirement Savings Plan grew at a solid clip - up 9.6% during 2024, from $481M to $527M. Reported net income was $46M.
How have Hexcel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hexcel Corporation's sponsor-wide assets grew 28.9%, from $420M to $541M.
Where does Hexcel Corporation 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Hexcel Corporation 401(k) Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 123,622 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 Hexcel Corporation 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Edgewood Partners Insurance Center Savings Investment Plan in NY ($527M, 3,010 participants).

Next read for Hexcel Corporation 401(k) Retirement Sav…

Filing takeaways

Ways to act on Hexcel Corporation 401(k) Retirement Savings Plan's numbers.

  • By total assets, Hexcel Corporation 401(k) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • Hexcel Corporation's sponsor-wide assets have grown 28.9% since 2022 across 3 plan years on file. More Manufacturing plans