401(k) · DOL Form 5500 · 2024
Tech Mahindra (Americas) Inc. 401(k) Plan
Data updated 2026-08-25
- $137M
- Total assets Near avg plan size
- 7,720
- Participants Very large workforce
- 92nd
- Percentile by assets National rank
- $17,721
- Avg per participant Low balance/head
Official DOL plan name: Tech Mahindra Americas 401(k) Plan · Sponsored by Tech Mahindra (Americas) Inc. · Texas · Professional & Technical Services
$137M in assets, 7,720 participants
Tech Mahindra (Americas) Inc.'s Tech Mahindra Americas 401(k) Plan reported $137M in total assets and 7,720 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- #18,877 in Professional & Technical Services (20,173 peers)
Coverage in Texas
Tech Mahindra Americas 401(k) Plan covers 7,720 participants in Texas, 11x the typical Texas plan (state average ~688 per filing). Assets: $137M.
- #18,877
- in Professional & Technical Services (20,173 peers)
- +10.9%
- assets growth YoY
- 1.4×
- vs typical plan assets (national mean)
Tech Mahindra Americas 401(k) Plan's outsized position by total assets
Tech Mahindra Americas 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$136,806,972 Top 8% higher than 92% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Tech Mahindra Americas 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tech Mahindra Americas 401(k) Plan lands in the large band (7,720 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Tech Mahindra Americas 401(k) Plan reported net income fell from $21M in the plan year 2023 filing to $13M in the plan year 2024 filing.
- Tech Mahindra Americas 401(k) Plan end-of-year assets rose from $123M in the plan year 2023 filing to $137M in the plan year 2024 filing.
- Tech Mahindra Americas 401(k) Plan reported participants rose from 7,288 in the plan year 2023 filing to 7,720 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 223282696 · Tech Mahindra (Americas) Inc. PY 2024 · 401(k)
Tech Mahindra Americas 401(k) Plan · $137M · 7,720 · 92nd
- NET $137M
- NET 7,720
- NET 92nd
- NET 401(k)
- NET near Lowenstein Sandler 1992 401(k) Plan
- NET ind #18877
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 Professional & Technical Services retirement plans → · Plans in Texas →
Tech Mahindra Americas 401(k) Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $123M |
|---|---|
| Net Assets (End of Year) | $136M |
| Net Income | $13M |
| Employer EIN | 223282696 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tech Mahindra (Americas) Inc.)
Sponsor-wide plan assets over time
All Tech Mahindra (Americas) Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $137M 68.50321748994953% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,230 | $81M |
| 2023 | 1 | 7,288 | $123M |
| 2024 | 1 | 7,720 | $137M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Scale composition for Tech Mahindra Americas 401(k) Plan
Tech Mahindra Americas 401(k) Plan reports $137M in end-of-year assets across 7,720 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $17,721 per participant (13% of the national average assets-per-participant) . Net income for plan year 2024 was $13M.
This plan identity (EIN 223282696, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $81M to $137M (+68.5%) while covered participants moved from 6,230 to 7,720 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,230 | $81M | Open filing |
| 2023 | 7,288 | $123M | Open filing |
| 2024 · index core | 7,720 | $137M | This page |
Tech Mahindra Americas 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Lowenstein Sandler 1992 401(k) Plan in NJ ($137M); by covered participants it is Cardinal Cash-in II Plan in MN (7,724 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($137M here).
Similar participant headcount
Nearest other-state filings by covered participants (7,720 participants); asset peers above are excluded.
- Cardinal Cash-in II Plan (MN) 7,724 · 4 off
- Gate Gourmet, Inc. Bargained Employees' 401(k) Plan (VA) 7,728 · 8 off
- Savings Plus Plan, Lam Research 401(k) (CA) 7,708 · 12 off
- Cherokee Nation Businesses LLC 401(k) Plan (OK) 7,735 · 15 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.