401(k) · DOL Form 5500 · 2022

Anderson Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
21
Participants Small participant base
37th
Percentile by assets National rank
$116,485
Avg per participant Below avg balance/head
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Official DOL plan name: Anderson Electric, Inc. Incentive Savings Plan · Sponsored by Anderson Electric, Inc. · Illinois · Construction

$2M in assets, 21 participants

Anderson Electric, Inc.'s Anderson Electric, Inc. Incentive Savings Plan reported $2M in total assets and 21 participants in its 2022 DOL Form 5500 filing, ranking in the 37th 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.

  • #3,449 in Construction (9,927 peers)

Anderson Electric, Inc. multi-year trail

Anderson Electric, Inc.'s plans moved +34.0% in assets from 2022 to 2024; this filing shows Anderson Electric, Inc. Incentive Savings Plan at $2M / 21 participants.

#3,449
in Construction (9,927 peers)
-31.9%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Anderson Electric, Inc. Incentive Savings Plan's mid-pack asset rank among Construction and all filers

Anderson Electric, Inc. Incentive Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,446,186 37th percentile higher than 37% of 139,123 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 2022

Anderson Electric, Inc. Incentive Savings Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Anderson Electric, Inc. Incentive Savings Plan is a small filing (21 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 370690803 · Anderson Electric, Inc. PY 2022 · 401(k)

Anderson Electric, Inc. Incentive Savings Plan · $2M · 21 · 37th

  • ASSETS $2M
  • PCT 21
  • EIN 37th
  • RANK 401(k)
  • PHOTO near Cxp Retirement Plan
  • IND ind #3449

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 Construction retirement plans → · Plans in Illinois →

Anderson Electric, Inc. Incentive Savings Plan in the asset neighbourhood

Anderson Electric, Inc. Incentive Savings PlanAnderson Electric, Inc. Ince…$2MCxp Retirement Plan$2MEnterprise Commercial Paving 401(k) PlanEnterprise Commercial Paving…$2MRountree & Brady Insurance Agency, LLC Employees' Incentive PlanRountree & Brady Insurance A…$2MAce Hardware, Inc 401(k) Plan$2M
End-of-year total assets ($M) among Anderson Electric, Inc. Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Anderson Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Anderson Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 34.04770077165024% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $50M $67M ▲ +34.1%
Year Plans Participants Total Assets
2022 2 40 $50M
2023 2 40 $58M
2024 2 39 $67M

Anderson Electric, Inc. filing trail (2022)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$2M
Net Income-$1M
Employer EIN370690803
Plan Effective Date1994-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Anderson Electric, Inc. Incentive Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Anderson Electric, Inc. Incentive Savings Plan, Total assets ($B): 0.002446186 · Participants: 21Anderson Electric, Inc. Incentive Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Anderson Electric, Inc. Incentive Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Anderson Electric, Inc. Incentive Savings Plan side-by-side with 3 peers →

Anderson Electric, Inc. Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Cxp Retirement Plan in PA ($2M); by covered participants it is Aj's Recycling Services, Inc. 401(k) Plan in MI (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Anderson Electric, Inc. Incentive Savings Plan assets move in 2022? ▼
Anderson Electric, Inc. Incentive Savings Plan contracted severely - down 31.9% during 2022, from $4M to $2M. Reported net income was -$1M.
How have Anderson Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Anderson Electric, Inc.'s sponsor-wide assets grew 34.0%, from $50M to $67M.
Which 401(k) plans are similar in size to Anderson Electric, Inc. Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cxp Retirement Plan in PA ($2M, 153 participants).
Which 401(k) plans cover a similar participant headcount to Anderson Electric, Inc. Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Aj's Recycling Services, Inc. 401(k) Plan in MI (21 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 370690803.

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.