401(k) · DOL Form 5500 · 2022

Mars Electric Company 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
182
Participants Below avg headcount
74th
Percentile by assets National rank
$88,812
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mars Electric Company 401(k) Savings Plan · Sponsored by Mars Electric Company · Ohio · Retail Trade

$16M in assets, 182 participants

Mars Electric Company's Mars Electric Company 401(k) Savings Plan reported $16M in total assets and 182 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • #7,986 in Retail Trade (9,519 peers)

Coverage in Ohio

Mars Electric Company 401(k) Savings Plan covers 182 participants in Ohio, about 24% of the average Ohio filer (state average ~765 per filing). Assets: $16M.

#7,986
in Retail Trade (9,519 peers)
-23.0%
assets change YoY

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mars Electric Company 401(k) Savings Plan's outsized position by total assets

Mars Electric Company 401(k) Savings Plan vs every filed plan by assets

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

$16,163,847 Top 26% higher than 74% 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

Mars Electric Company 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mars Electric Company 401(k) Savings Plan sits mid-pack in the medium band (182 participants).

DOL schedule card

Filing strip 340837654 · Mars Electric Company PY 2022 · 401(k)

Mars Electric Company 401(k) Savings Plan · $16M · 182 · 74th

  • BOOK $16M
  • VS-ST 182
  • BOY 74th
  • SCH 401(k)
  • EBSA near Sullivan & Mclaughlin Companies, Inc. 401(k) Profit Sharing Plan
  • PART ind #7986

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 Retail Trade retirement plans → · Plans in Ohio →

Mars Electric Company 401(k) Savings Plan in the asset neighbourhood

Mars Electric Company 401(k) Savings PlanMars Electric Company 401(k)…$16MSullivan & Mclaughlin Companies, Inc. 401(k) Profit Sharing PlanSullivan & Mclaughlin Compan…$16MAgape Plastics 401(k) Plan$16MFuturetech Holding Company 401(k) PlanFuturetech Holding Company 4…$16MMid-State Management, Inc. 401(k) PlanMid-State Management, Inc. 4…$16M
End-of-year total assets ($M) among Mars Electric Company 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$16M
Net Income-$5M
Employer EIN340837654
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mars Electric Company)

Sponsor-wide plan assets over time

All Mars Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$20M 25.07966080104569% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $16.2M $20.2M ▲ +25.1%
Year Plans Participants Total Assets
2022 1 182 $16M
2023 1 202 $19M
2024 1 218 $20M

Nearby 401(k) Plans in Ohio

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

Mars Electric Company 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Mars Electric Company 401(k) Savings Plan, Total assets ($B): 0.016163847 · Participants: 182Mars Electric Company 401(k) Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Mars Electric Company 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Mars Electric Company 401(k) Savings Plan side-by-side with 3 peers →

Mars Electric Company 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Sullivan & Mclaughlin Companies, Inc. 401(k) Profit Sharing Plan in MA ($16M); by covered participants it is Hillman Bus 401(k) in NJ (182 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (182 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 Mars Electric Company 401(k) Savings Plan assets move in 2022? ▼
Mars Electric Company 401(k) Savings Plan declined sharply - down 23.0% during 2022, from $21M to $16M. Reported net income was -$5M.
How have Mars Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mars Electric Company's sponsor-wide assets grew 25.1%, from $16M to $20M.
Which 401(k) plans are similar in size to Mars Electric Company 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sullivan & Mclaughlin Companies, Inc. 401(k) Profit Sharing Plan in MA ($16M, 111 participants).
Which 401(k) plans cover a similar participant headcount to Mars Electric Company 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hillman Bus 401(k) in NJ (182 participants, $709K 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 340837654.

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.