401(k) · DOL Form 5500 · 2024

Thermon, Inc. 401(k) Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
713
Participants Below avg headcount
88th
Percentile by assets National rank
$99,383
Avg per participant Below avg balance/head
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Official DOL plan name: Thermon Inc. 401(k) Plan · Sponsored by Thermon, Inc. · Texas · Manufacturing

$71M in assets, 713 participants

Thermon, Inc.'s Thermon Inc. 401(k) Plan reported $71M in total assets and 713 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #14,590 in Manufacturing (17,777 peers)

Where Thermon Inc. 401(k) Plan sits by assets

Thermon Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $71M for 713 participants (~$99,383/participant), up 23.1% in 2024.

#14,590
in Manufacturing (17,777 peers)
+23.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Thermon Inc. 401(k) Plan's outsized position by total assets

Thermon Inc. 401(k) Plan vs every filed plan by assets

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

$70,859,949 Top 12% higher than 88% 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

Thermon Inc. 401(k) 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. Thermon Inc. 401(k) Plan sits mid-pack in the medium band (713 participants).

EBSA filing schedule strip

Filing strip 741365355 · Thermon, Inc. PY 2024 · 401(k)

Thermon Inc. 401(k) Plan · $71M · 713 · 88th

  • PHOTO $71M
  • PHOTO 713
  • PHOTO 88th
  • PHOTO 401(k)
  • PHOTO near Hawaii State Federal Credit Union 401(k) Plan
  • PHOTO ind #14590

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 Texas →

Thermon Inc. 401(k) Plan in the asset neighbourhood

Taconic Capital Advisors L.P. 401(k) Profit Sharing PlanTaconic Capital Advisors L.P…$71MWolf & Company, P.C. 401(k) PlanWolf & Company, P.C. 401(k) …$71MHawaii State Federal Credit Union 401(k) PlanHawaii State Federal Credit …$71MThermon Inc. 401(k) Plan$71MNew Era Cap, LLC Savings & Retirement Plan for Management and Administrative EmployeesNew Era Cap, LLC Savings & R…$71M
End-of-year total assets ($M) among Thermon Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$71M
Net Income$8M
Employer EIN741365355
Plan Effective Date1985-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

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

Thermon Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Thermon Inc. 401(k) Plan, Total assets ($B): 0.070859949 · Participants: 713Thermon Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Thermon Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Thermon Inc. 401(k) Plan side-by-side with 3 peers →

Thermon Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Hawaii State Federal Credit Union 401(k) Plan in HI ($71M); by covered participants it is Hutchens Industries, Inc. 401(k) Plan in MO (713 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (713 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 Thermon Inc. 401(k) Plan assets move in 2024? ▼
Thermon Inc. 401(k) Plan grew sharply - up 23.1% during 2024, from $58M to $71M. Reported net income was $8M.
Where does Thermon Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Thermon Inc. 401(k) Plan ranks in the 88th 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 Thermon Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hawaii State Federal Credit Union 401(k) Plan in HI ($71M, 375 participants).
Which 401(k) plans cover a similar participant headcount to Thermon Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hutchens Industries, Inc. 401(k) Plan in MO (713 participants, $19M 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 741365355.

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.