401(k) · DOL Form 5500 · 2024

Independent Can Company 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
385
Participants Below avg headcount
81st
Percentile by assets National rank
$104,280
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Independent Can Company Retirement Plan · Sponsored by Independent Can Company · Maryland · Manufacturing

$40M in assets, 385 participants

Independent Can Company's Independent Can Company Retirement Plan reported $40M in total assets and 385 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,165 in Manufacturing (17,777 peers)

Coverage in Maryland

Independent Can Company Retirement Plan covers 385 participants in Maryland, about 41% of the average Maryland filer (state average ~929 per filing). Assets: $40M.

#13,165
in Manufacturing (17,777 peers)
-0.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $260K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Independent Can Company Retirement Plan's outsized position by total assets

Independent Can Company Retirement Plan vs every filed plan by assets

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

$40,147,858 Top 19% higher than 81% 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

Independent Can Company Retirement 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. Independent Can Company Retirement Plan sits mid-pack in the medium band (385 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Independent Can Company Retirement Plan reported net income fell from $4M in the plan year 2023 filing to -$260K in the plan year 2024 filing.
  • Independent Can Company Retirement Plan reported participants fell from 434 in the plan year 2023 filing to 385 in the plan year 2024 filing.
  • Independent Can Company Retirement Plan end-of-year assets fell from $40M in the plan year 2023 filing to $40M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 520902777 · Independent Can Company PY 2024 · 401(k)

Independent Can Company Retirement Plan · $40M · 385 · 81st

  • EIN $40M
  • RANK 385
  • PHOTO 81st
  • IND 401(k)
  • EOY near Detroit Brewers and Distributors 401(k) Plan and Trust Agreement
  • 5500 ind #13165

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 Maryland →

Independent Can Company Retirement Plan in the asset neighbourhood

Independent Can Company Retirement PlanIndependent Can Company Reti…$40MDetroit Brewers and Distributors 401(k) Plan and Trust AgreementDetroit Brewers and Distribu…$40MAutodie LLC 401(k) Plan$40MLynch 401(k) Retirement Plan$40MSenior Resource Group 401(k) Retirement PlanSenior Resource Group 401(k)…$40M
End-of-year total assets ($M) among Independent Can Company Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$40M
Net Income-$260K
Employer EIN520902777
Plan Effective Date1970-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Can Company)

Sponsor-wide plan assets over time

All Independent Can Company plans reported in each filing year

Latest sponsor-wide plan assets
$40M 9.936699370312517% vs 2022
2024 filing year
$36M$38M$40M$42M 202220232024 $36.5M $40.2M ▲ +9.9%
Year Plans Participants Total Assets
2022 1 406 $37M
2023 1 434 $40M
2024 1 385 $40M

Nearby 401(k) Plans in Maryland

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

Independent Can Company Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Independent Can Company Retirement Plan, Total assets ($B): 0.040147858 · Participants: 385Independent Can Company Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Independent Can Company Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Independent Can Company Retirement Plan side-by-side with 3 peers →

Independent Can Company Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Detroit Brewers and Distributors 401(k) Plan and Trust Agreement in MI ($40M); by covered participants it is Harmac Medical Products, Inc. Retirement Savings Plan in NY (385 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (385 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 Independent Can Company Retirement Plan assets move in 2024? ▼
Independent Can Company Retirement Plan held essentially flat - down 0.6% during 2024, from $40M to $40M. Reported net income was -$260K.
How have Independent Can Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independent Can Company's sponsor-wide assets grew 9.9%, from $37M to $40M.
Where does Independent Can Company Retirement Plan rank by assets among Form 5500 filers? ▼
Independent Can Company Retirement Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Independent Can Company Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Detroit Brewers and Distributors 401(k) Plan and Trust Agreement in MI ($40M, 452 participants).
Which 401(k) plans cover a similar participant headcount to Independent Can Company Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Harmac Medical Products, Inc. Retirement Savings Plan in NY (385 participants, $24M 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 520902777.

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.