WORTHINGTON ENTERPRISES, INC. 401(k) match: 2% max
Worthington Enterprises, Inc. 401(k) Plan · WOR · CIK 108516
Maximum employer match, as a share of pay
2%
WORTHINGTON ENTERPRISES, INC. matches 50% of the first 4% of pay.
WORTHINGTON ENTERPRISES' Form 11-K filings for plan year 2025 describe two separate 401(k) plans. The terms on this page are read from the Worthington Enterprises, Inc. 401(k) Plan. Both state the same maximum match.
From the Form 11-K filed June 9, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: which plan you are in · what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · what the plan reports to the DOL · how it compares · what to do next
Which WORTHINGTON ENTERPRISES 401(k) plan are you in?
WORTHINGTON ENTERPRISES' Form 11-K filings for this plan year describe two plans and all of them state the same maximum employer match. The group each plan covers still differs, and so can the vesting and enrollment terms further down this page, which are read from the Worthington Enterprises, Inc. 401(k) Plan.
Worthington Enterprises, Inc. 401(k) Plan (the plan this page answers for)
The filing states no limit on who this plan covers · Form 11-K ↗
2% of pay, at most
Worthington Enterprises, Inc. 401(k) Plan for Collectively Bargained Employees
Employees covered by a collective-bargaining agreement · Form 11-K ↗
2% of pay, at most
One row per plan, taken from the two Form 11-K reports this site has read for the plan year ended December 31, 2025. Each maximum comes from that plan’s own filing and describes only that plan.
What WORTHINGTON ENTERPRISES puts in, and what the plan costs
What WORTHINGTON ENTERPRISES put into the plan, per active participant
$4,539
WORTHINGTON ENTERPRISES, INC. put $4,539 into this plan for each of its 2,551 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
WORTHINGTON ENTERPRISES put in more per active participant than 64% of plans with 5,000+ participants in industrial and materials manufacturing. The middle plan in that group of 178 reported $3,585. Industrial and materials manufacturing comes from business code 332900, which WORTHINGTON ENTERPRISES entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much WORTHINGTON ENTERPRISES pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 311189815, plan 333 · DOL EFAST2 ↗
The $4,539 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. WORTHINGTON ENTERPRISES, INC. also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $990 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What WORTHINGTON ENTERPRISES puts in
$990
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company matches 50 cents per dollar of contributions of the first 4% of Plan participants’ compensation.”
What you contribute to collect all of it
Contribute at least 4% of your pay to collect the full match.
That is $1,980 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“All participants are 100% vested in all contributions and related earnings credited to their accounts.”
A worker hired today collects no match for 6 months. This is a filed term, and it does not move the score above.
Eligibility, word for word
“All non-union, full-time employees of the Company age 18 and older are eligible to participate in the Plan. These employees are eligible to participate in the employer contribution component of the Plan after six months of employment.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
Not reported
The Form 5500 filing does not report the plan-paid administrative expenses this figure needs.
What is WORTHINGTON ENTERPRISES' 401(k) match formula?
WORTHINGTON ENTERPRISES' 401(k) employer match tops out at 2% of pay. The match is deposited each payroll. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 50% of the first 4% of pay |
|---|---|
| Maximum employer match | 2% of compensation |
| Deposited | Each payroll |
| Other employer contribution | The Company also makes an employer contribution of 3% of compensation on behalf of eligible participants irrespective of the amounts deferred by such participants. These contributions are made each pay period. As a safe harbor plan, the Company guarantees a minimum contribution of at least 3% of participants’ eligible compensation. |
At a $45,000 salary, contributing 4% ($1,800) earns the full employer match of $900 for the year.
What the filing says, word for word
“The Company matches 50 cents per dollar of contributions of the first 4% of Plan participants’ compensation.”
Source: Form 11-K filed June 9, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is WORTHINGTON ENTERPRISES' 401(k) vesting schedule?
WORTHINGTON ENTERPRISES vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | All participants are 100% vested in all contributions and related earnings credited to their accounts. |
Vesting, word for word
“All participants are 100% vested in all contributions and related earnings credited to their accounts.”
Source: Form 11-K filed June 9, 2026, SEC EDGAR · SEC ↗
Who can join WORTHINGTON ENTERPRISES' 401(k), and is enrollment automatic?
WORTHINGTON ENTERPRISES enrolls new hires automatically at 4% of pay, rising 1% a year to 10% of pay.
| Plan entry | All non-union, full-time employees of the Company age 18 and older are eligible to participate in the Plan. |
|---|---|
| Match eligibility | These employees are eligible to participate in the employer contribution component of the Plan after six months of employment. |
| Excluded groups | The Plan covers all non-union employees of Worthington Enterprises, Inc. and its subsidiaries; the other plan within the Master Trust, the Worthington Enterprises, Inc. 401(k) Plan for Collectively Bargained Employees, covers union employees. |
| Automatic enrollment | Yes: default deferral 4% of pay; auto-escalation +1%/yr to 10%; default investment: the applicable Fidelity Freedom Fund, as determined by the age of the participant |
Eligibility, word for word
“All non-union, full-time employees of the Company age 18 and older are eligible to participate in the Plan. These employees are eligible to participate in the employer contribution component of the Plan after six months of employment.”
Automatic enrollment, word for word
“Newly eligible and previously opted out participants in the Plan who have otherwise not made an enrollment designation are subject to an automatic annual enrollment arrangement whereby 4% of their compensation is automatically contributed to the Plan. Participants may modify the automatic enrollment designation of 4% of compensation. Annually, all participants contributing less than 10% of their compensation will automatically have their pre-tax deferral increased by 1%, up to a maximum of 10%, unless they opt out of the automatic increase.”
Source: Form 11-K filed June 9, 2026, SEC EDGAR · SEC ↗
What does the WORTHINGTON ENTERPRISES plan report on Form 5500?
The WORTHINGTON ENTERPRISES plan reported $434.8M in assets and 7,854 participants for plan year 2024.
| Total plan assets | $434,841,230 |
|---|---|
| Participants | 7,854 |
| Recordkeeper | Fidelity Management Trust Company |
How that cost compares
It is one of 6,008 plans in industrial and materials manufacturing in the Form 5500 data we publish.
Read from the Form 5500 filing of Worthington Industries, Inc. Deferred Profit Sharing Plan, which has no page of its own here.
How does WORTHINGTON ENTERPRISES' 401(k) match compare?
WORTHINGTON ENTERPRISES, INC.'s maximum 401(k) match of 2% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in industrial and materials manufacturing, two land near WORTHINGTON ENTERPRISES' maximum match and one vests on the same schedule.
Maximum match 0.25% of pay. Also in industrial and materials manufacturing.
Maximum match 3% of pay. Also in industrial and materials manufacturing.
Maximum match 3% of pay. Also in industrial and materials manufacturing.
Maximum match 2% of pay, level with WORTHINGTON ENTERPRISES.
Maximum match 2.1% of pay, 0.1 points above WORTHINGTON ENTERPRISES.
Maximum match 4% of pay. Vests immediately too, like WORTHINGTON ENTERPRISES.
Compare WORTHINGTON ENTERPRISES, INC. with any company, side by side
What do WORTHINGTON ENTERPRISES' other 401(k) plans say?
Worthington Enterprises, Inc. 401(k) Plan for Collectively Bargained Employees
Employees covered by a collective-bargaining agreement
Worthington Enterprises, Inc. matches 50% of employee contributions up to 4% of eligible pay (plan year ended December 31, 2025).
- Employer match vesting
- Cliff: 100% vested after 3 years of service
- Automatic enrollment
- Not mentioned in the filing (not proof of absence)
What the filing says, word for word
“Effective January 1, 2025, the Plan was amended and restated to adjust the matching contribution formula for participants to provide a 50% match on employee contributions, up to 4% of compensation. This replaced the prior formula, which provided a 25% match on contributions up to 8% of compensation.”
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 9, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is WORTHINGTON ENTERPRISES, INC.'s 401(k) match?
Worthington Enterprises, Inc. matches 50% of employee contributions up to 4% of eligible pay (plan year ended December 31, 2025).
When does the WORTHINGTON ENTERPRISES, INC. 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does WORTHINGTON ENTERPRISES, INC.'s 401(k) plan have automatic enrollment?
Yes: default deferral 4% of pay; auto-escalation +1%/yr to 10%; default investment: the applicable Fidelity Freedom Fund, as determined by the age of the participant.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that WORTHINGTON ENTERPRISES, INC. filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | WORTHINGTON ENTERPRISES, INC. |
| SEC CIK | 108516 |
| Accession number | 0001193125-26-263578 |
| Plan | Worthington Enterprises, Inc. 401(k) Plan |
| Period of report | December 31, 2025 |
| Filed | June 9, 2026 |
401(k) Monitor is not affiliated with WORTHINGTON ENTERPRISES, INC., with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “WORTHINGTON ENTERPRISES, INC. 401(k) plan facts”, from SEC Form 11-K accession 0001193125-26-263578, plan year ended December 31, 2025.
