401(k) · DOL Form 5500 · 2022

Solect Energy Development LLC 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
55
Participants Small participant base
37th
Percentile by assets National rank
$45,023
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Solect Energy Development LLC 401(k) Plan · Sponsored by Solect Energy Development LLC · Massachusetts · Professional & Technical Services

$2M in assets, 55 participants

Solect Energy Development LLC's Solect Energy Development LLC 401(k) Plan reported $2M in total assets and 55 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.

  • #7,329 in Professional & Technical Services (21,562 peers)

2022 asset change

Solect Energy Development LLC 401(k) Plan pulled back noticeably 9.7% in 2022 ($3M → $2M) for 55 participants.

#7,329
in Professional & Technical Services (21,562 peers)
-9.7%
assets change YoY

The plan reported a net loss of $266K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Solect Energy Development LLC 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Solect Energy Development LLC 401(k) Plan vs every filed plan by assets

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

$2,476,243 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

Solect Energy Development LLC 401(k) 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. Solect Energy Development LLC 401(k) Plan is a small filing (55 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 272771883 · Solect Energy Development LLC PY 2022 · 401(k)

Solect Energy Development LLC 401(k) Plan · $2M · 55 · 37th

  • IND $2M
  • IND 55
  • IND 37th
  • IND 401(k)
  • IND near Gravity Holdings Retirement Plan
  • IND ind #7329

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 Massachusetts →

Solect Energy Development LLC 401(k) Plan in the asset neighbourhood

Solect Energy Development LLC 401(k) PlanSolect Energy Development LL…$2MGravity Holdings Retirement PlanGravity Holdings Retirement …$2MNissen Chemitec America Employees' 401(k) PlanNissen Chemitec America Empl…$2MFour G's 401(k) Profit Sharing TrustFour G's 401(k) Profit Shari…$2MSano Drilling Inc 401(k) Profit Sharing PlanSano Drilling Inc 401(k) Pro…$2M
End-of-year total assets ($M) among Solect Energy Development LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$266K
Employer EIN272771883
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Solect Energy Development LLC 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Solect Energy Development LLC 401(k) Plan, Total assets ($B): 0.002476243 · Participants: 55Solect Energy Development LLC 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Solect Energy Development LLC 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Solect Energy Development LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Gravity Holdings Retirement Plan in LA ($2M); by covered participants it is Revinate Retirement Trust in CA (55 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (55 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 Solect Energy Development LLC 401(k) Plan assets move in 2022? ▼
Solect Energy Development LLC 401(k) Plan pulled back noticeably - down 9.7% during 2022, from $3M to $2M. Reported net income was -$266K.
Which 401(k) plans are similar in size to Solect Energy Development LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gravity Holdings Retirement Plan in LA ($2M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Solect Energy Development LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Revinate Retirement Trust in CA (55 participants, N/A in assets).