401(k) · DOL Form 5500 · 2024

Prysmian Cables and Systems (US) Inc. 401(k) Plan

Data updated 2026-08-11

$703M
Total assets
5,275
Participants
98th
Percentile by assets
$133,322
Avg per participant
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Official DOL plan name: Prysmian Group 401(k) Plan · Sponsored by Prysmian Cables and Systems (US) Inc. · Kentucky · Manufacturing

$703M in assets, 5,275 participants

Prysmian Cables and Systems (US) Inc.'s Prysmian Group 401(k) Plan reported $703M in total assets and 5,275 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 123,622 plans)
  • #17,179 in Manufacturing (17,777 peers)

Coverage in Kentucky

Prysmian Group 401(k) Plan covers 5,275 participants in Kentucky, 8.2x the typical Kentucky plan (state average ~647 per filing). Assets: $703M.

$703M
total plan assets (2024 EOY)
5,275
covered participants
98th
percentile by assets (of 123,622 plans)
$133,322
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Prysmian Group 401(k) Plan reported net income fell from $74M in the plan year 2023 filing to $65M in the plan year 2024 filing.
  • Prysmian Group 401(k) Plan end-of-year assets rose from $638M in the plan year 2023 filing to $703M in the plan year 2024 filing.
  • Prysmian Group 401(k) Plan reported participants rose from 5,115 in the plan year 2023 filing to 5,275 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Prysmian Group 401(k) Plan reports 5,275 participants - 8.2x that state average ($703M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$638M
Net Assets (End of Year)$703M
Net Income$65M
Employer EIN571061511
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Prysmian Cables and Systems (US) Inc.)

$550M$600M$650M$700M$750M 202220232024 $580M $703M ▲ +21.3%
Total plan assets by year, all Prysmian Cables and Systems (US) Inc. plans on file
Year Plans Participants Total Assets
2022 2 5,107 $580M
2023 2 5,235 $638M
2024 1 5,275 $703M

Nearby 401(k) Plans in Kentucky

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

Prysmian Group 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Prysmian Group 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 0246810 Total assets ($B) Participants Prysmian Group 401(k…Commonspirit Health …Humana Retirement Sa…UPS/Ipa 401(k) Savin…Scionhealth 401(k) P…Lexmark Savings Plan
Prysmian Group 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Scale composition for Prysmian Group 401(k) Plan

Prysmian Group 401(k) Plan reports $703M in end-of-year assets across 5,275 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $133,322 per participant (96% of the national average assets-per-participant) . Net income for plan year 2024 was $65M.

This plan identity (EIN 571061511, plan #007) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $564M to $703M (+24.6%) while covered participants moved from 4,968 to 5,275 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,968 $564M Open filing
2023 5,115 $638M Open filing
2024 · index core 5,275 $703M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Prysmian Group 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Prysmian Group 401(k) Plan assets move in 2024?
Prysmian Group 401(k) Plan grew at a solid clip - up 10.2% during 2024, from $638M to $703M. Reported net income was $65M.
How have Prysmian Cables and Systems (US) Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Prysmian Cables and Systems (US) Inc.'s sponsor-wide assets grew 21.3%, from $580M to $703M.
Where does Prysmian Group 401(k) Plan rank by assets among Form 5500 filers?
Prysmian Group 401(k) Plan ranks in the 98th 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 Prysmian Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Dolby Laboratories, Inc. Retirement Plan in CA ($703M, 1,081 participants).

Next read for Prysmian Group 401(k) Plan

Filing takeaways

Ways to act on Prysmian Group 401(k) Plan's numbers.

  • By total assets, Prysmian Group 401(k) 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 Kentucky. Compare plans
  • Prysmian Cables and Systems (US) Inc.'s sponsor-wide assets have grown 21.3% since 2022 across 3 plan years on file. More Manufacturing plans