Industry · Form 5500 business code 335200
Major Household Appliance Mfg: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 35 retirement plans in major household appliance mfg with 100 or more participants filed Form 5500: 31 defined contribution and 4 defined benefit. They reported 100,332 participant records and $10.6B in net assets, counting every plan on the form.
The median defined contribution plan held $74,538 per participant, well above the national median of $53,031, and its employer put in $2,339 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $100 per participant against $123 nationally.
Employers contributed $239M and participants $315M during the year, and the plans paid out $1.26B in benefits.
In 2009 the same group numbered 62 plans with $6.12B; by 2024 it was 35 plans (down 44%) and $10.6B (up 73%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $74,538 | $53,031 | $57,572 | $86,234 |
| Employer contributions per active participant | $2,339 | $2,174 | $5,085 | $10,244 |
| Schedule C compensation per participant | $100 | $123 | $245 | $344 |
| Schedule C compensation, share of net assets | 0.17% | 0.26% | 0.54% | 0.42% |
| Administrative expenses per participant | $96.82 | $116 | $305 | $527 |
Medians across plans with 100 or more participants (31 DC and 4 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $49,171 | $74,538 | $111,293 | 31 |
| Employer contributions per active participant | $1,707 | $2,339 | $3,275 | 31 |
| Schedule C compensation per participant | $56.05 | $100 | $196 | 30 |
| Administrative expenses per participant | $52.61 | $96.82 | $189 | 30 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 35 | 100,332 | $10.6B | $239M | $315M | $74,538 | $100 |
| 2023 | 39 | 111,326 | $10.3B | $278M | $312M | $65,298 | $84.91 |
| 2022 | 47 | 106,788 | $9.11B | $243M | $313M | $49,136 | $93.30 |
| 2021 | 50 | 136,079 | $11.8B | $246M | $305M | $58,722 | $86.33 |
| 2020 | 48 | 135,023 | $11.3B | $221M | $274M | $62,327 | $81.25 |
| 2019 | 49 | 136,812 | $10.3B | $228M | $260M | $55,485 | $88.11 |
| 2018 | 46 | 101,338 | $6.25B | $202M | $238M | $45,989 | $93.23 |
| 2017 | 49 | 100,671 | $6.83B | $625M | $232M | $48,382 | $67.44 |
| 2016 | 58 | 152,124 | $8.89B | $254M | $191M | $41,696 | $56.13 |
| 2015 | 56 | 145,966 | $8.47B | $142M | $154M | $38,667 | $28.86 |
| 2014 | 58 | 150,603 | $9.06B | $274M | $142M | $40,469 | $32.04 |
| 2013 | 53 | 155,970 | $7.97B | $291M | $133M | $36,600 | $48.81 |
| 2012 | 53 | 165,389 | $7.41B | $222M | $123M | $37,171 | $33.67 |
| 2011 | 55 | 170,334 | $6.77B | $324M | $124M | $31,981 | $31.27 |
| 2010 | 55 | 174,884 | $6.67B | $343M | $121M | $31,049 | $11.19 |
| 2009 | 62 | 183,638 | $6.12B | $220M | $123M | $24,517 | $16.96 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 35 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 35 largest by participants of 35 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Whirlpool 401(k) Retirement Plan | Whirlpool Corporation | MI | DC | 24,954 | $3.45B | $138,355 | $4,618 | $103 |
| Whirlpool Tammy Employees Pension Plan | Whirlpool Corporation | MI | DB | 24,197 | $1.75B | $72,162 | — | — |
| My Savings Plan | Haier US Appliance Solutions, Inc. | KY | DC | 6,810 | $840M | $123,378 | $7,047 | $89.52 |
| My Savings Plan (Union) | Haier US Appliance Solutions, Inc. | KY | DC | 5,366 | $246M | $45,753 | $3,087 | $86.59 |
| Electrolux Home Products, Inc. Thrift Plan | Electrolux Home Products, Inc. | NC | DC | 5,222 | $127M | $24,317 | $1,258 | $52.60 |
| Alliance Laundry Systems Capital Appreciation Plan | Alliance Laundry Systems, LLC | WI | DC | 3,527 | $204M | $57,836 | $3,298 | $50.24 |
| Electrolux Home Products, Inc. Retirement Savings Plan | Electrolux Home Products, Inc. | NC | DC | 3,248 | $481M | $148,240 | $0 | $49.84 |
| BSH Home Appliances Corporation 401(k) Savings and Retirement Plan | BSH Home Appliances Corporation | CA | DC | 2,865 | $313M | $109,138 | $3,090 | $163 |
| Roper Employee Voluntary Retirement Plan | Roper Corporation | GA | DC | 2,729 | $108M | $39,536 | $1,742 | $16.56 |
| Frontdoor, Inc. 401(k) Plan | Frontdoor, Inc. | TN | DC | 2,609 | $147M | $56,516 | $2,100 | $52.64 |
| Sub-Zero Group Production Employees' 401(k) Plan | Sub-Zero Group, Inc. | WI | DC | 2,354 | $107M | $45,551 | $2,153 | $24.66 |
| The Scott Fetzer Pension Plan | The Scott Fetzer Company | OH | DB | 1,850 | $83.9M | $45,343 | — | $245 |
| Sub-Zero Group Employees' Profit Sharing and 401(k) Savings Plan | Sub-Zero Group, Inc. | WI | DC | 1,800 | $382M | $212,231 | $5,259 | $66.61 |
| Bradford White Corporation 401(k) Plan for Union Employees | Bradford White Corporation | PA | DC | 1,637 | $34.6M | $21,113 | $868 | $76.52 |
| Norma Group USA Retirement Savings Plan | Norma Michigan, Inc. | MI | DC | 1,310 | $81.2M | $61,974 | $2,221 | $97.85 |
| Bradford White Corporation UAW Retirement Income Plan | Bradford White Corporation | PA | DB | 1,136 | $79.3M | $69,800 | $5,085 | $245 |
| Hamilton Beach Brands, Inc. Employees' Retirement Savings Plan (401(K)) | Hamilton Beach Brands, Inc. | VA | DC | 1,085 | $202M | $186,085 | $8,912 | $95.45 |
| Lasko Products 401(k) Retirement Savings Plan | Lasko Products, LLC | PA | DC | 1,048 | $78.1M | $74,538 | $1,820 | $134 |
| Vita-Mix Companies 401(k) Plan | Vita-Mix Holdings Company | OH | DC | 854 | $76.7M | $89,830 | $2,456 | $227 |
| Bradford White Corporation 401(k) Profit Sharing Plan | Bradford White Corporation | PA | DC | 774 | $43.7M | $56,494 | $1,327 | $118 |
| Traeger 401(k) Plan | Traeger Pellet Grills, LLC | UT | DC | 707 | $37.2M | $52,588 | $3,252 | $199 |
| Andis Company 401(k) | Andis Company | WI | DC | 586 | $44.5M | $75,886 | $1,672 | $353 |
| Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement | Bradford White Corporation | PA | DC | 584 | $1.43B | $2,444,524 | $71,091 | — |
| Pellerin Milnor Corporation and Affiliated Employers 401(k) Retirement Savings Plan | Pellerin Milnor Corporation | LA | DC | 525 | $42.9M | $81,742 | $1,822 | $112 |
| Tacony Corporation Retirement Plan | Tacony Corporation | MO | DC | 436 | $46.3M | $106,107 | $7,337 | $446 |
| GE Appliances Pension Plan | Haier US Appliance Solutions, Inc. | KY | DB | 313 | $9.9M | $31,739 | — | $275 |
| Z Line Kitchen and Bath LLC 401(k) Profit Sharing Plan and Trust | Z Line Kitchen and Bath LLC | NV | DC | 304 | $7.4M | $24,188 | $4,873 | $103 |
| Rexair LLC Retirement Savings & Investment Plan | Rexair LLC | MI | DC | 266 | $39.0M | $146,493 | $1,885 | $185 |
| Wisconsin Built 401(k) Savings Plan | Wisconsin Built, Inc. | WI | DC | 207 | $14.5M | $70,280 | $1,218 | $467 |
| Noritz America Retirement Savings Plan | Noritz America Corporation | CA | DC | 171 | $16.1M | $94,338 | $2,891 | $211 |
| Vornado Air, LLC 401(k) Profit Sharing Plan | Vornado Air, LLC | KS | DC | 165 | $17.2M | $104,497 | $3,164 | $30.08 |
| Lasko Products Union 401(k) Retirement Plan | Lasko Products, LLC | PA | DC | 150 | $2.4M | $16,302 | $406 | $28.25 |
| Ventahood, Ltd. Retirement 401(k) Plan & Trust | Ventahood, Ltd. | TX | DC | 134 | $10.0M | $74,366 | $2,360 | $3.54 |
| Glen Dimplex Americas Company Retirement Savings Plan | Glen Dimplex Americas Company | WA | DC | 126 | $5.1M | $40,298 | $1,585 | $213 |
| Eurokera North America, Inc. 401(k) Plan | Eurokera North America, Inc. | SC | DC | 113 | $12.8M | $113,447 | $2,339 | $436 |
By plan size
By state
Questions and answers
How many retirement plans are there in major household appliance mfg?
35 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 44 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in major household appliance mfg?
The median defined contribution plan reported $74,538 in net assets per participant (middle half of plans: $49,171 to $111,293); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in major household appliance mfg?
The median defined contribution plan received $2,339 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in major household appliance mfg?
Among defined contribution plans that report any Schedule C compensation, the median was $100 per participant and 0.17% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.