401(k) · DOL Form 5500 · 2022

Buist Electric Company, Inc. 401(k) Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
385
Participants Below avg headcount
89th
Percentile by assets National rank
$138,710
Avg per participant Near avg balance/head
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Official DOL plan name: Buist Electric 401(k) Plan · Sponsored by Buist Electric Company, Inc. · Michigan · Construction

$53M in assets, 385 participants

Buist Electric Company, Inc.'s Buist Electric 401(k) Plan reported $53M in total assets and 385 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #8,629 in Construction (9,927 peers)

Where Buist Electric 401(k) Plan sits by assets

Buist Electric 401(k) Plan sits in the top quartile of all filed plans by assets, $53M for 385 participants (~$138,710/participant), down 14.1% in 2022.

#8,629
in Construction (9,927 peers)
-14.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Buist Electric 401(k) Plan's outsized position by total assets

Buist Electric 401(k) Plan vs every filed plan by assets

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

$53,403,406 Top 11% higher than 89% 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

Buist Electric 401(k) 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. Buist Electric 401(k) Plan sits mid-pack in the medium band (385 participants).

EBSA filing schedule strip

Filing strip 382177580 · Buist Electric Company, Inc. PY 2022 · 401(k)

Buist Electric 401(k) Plan · $53M · 385 · 89th

  • 5500 $53M
  • ASSETS 385
  • PCT 89th
  • EIN 401(k)
  • RANK near Horizon Bancorp Employees' Thrift Plan
  • PHOTO ind #8629

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 Michigan →

Buist Electric 401(k) Plan in the asset neighbourhood

Horizon Bancorp Employees' Thrift PlanHorizon Bancorp Employees' T…$53MMetrolina Greenhouses, Inc. Profit Sharing PlanMetrolina Greenhouses, Inc. …$53MKonica Minolta Healthcare Americas, Inc. 401(k) Savings PlanKonica Minolta Healthcare Am…$53MBuist Electric 401(k) Plan$53MNational Restaurant Association Savings & Investment PlanNational Restaurant Associat…$53M
End-of-year total assets ($M) among Buist Electric 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$52M
Net Income-$10M
Employer EIN382177580
Plan Effective Date1977-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Buist Electric Company, Inc.)

Sponsor-wide plan assets over time

All Buist Electric Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$139M 37.193490278553675% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $101M $139M ▲ +37.2%
Year Plans Participants Total Assets
2022 2 762 $101M
2023 2 803 $115M
2024 2 876 $139M

Nearby 401(k) Plans in Michigan

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

Buist Electric 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Buist Electric 401(k) Plan, Total assets ($B): 0.053403406 · Participants: 385Buist Electric 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Buist Electric 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Buist Electric 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Horizon Bancorp Employees' Thrift Plan in IN ($53M); by covered participants it is Fis 401(k) Plan in OK (385 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (385 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 Buist Electric 401(k) Plan assets move in 2022? ▼
Buist Electric 401(k) Plan pulled back noticeably - down 14.1% during 2022, from $62M to $53M. Reported net income was -$10M.
How have Buist Electric Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Buist Electric Company, Inc.'s sponsor-wide assets grew 37.2%, from $101M to $139M.
Where does Buist Electric 401(k) Plan rank by assets among Form 5500 filers? ▼
Buist Electric 401(k) Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Buist Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Horizon Bancorp Employees' Thrift Plan in IN ($53M, 851 participants).
Which 401(k) plans cover a similar participant headcount to Buist Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fis 401(k) Plan in OK (385 participants, $7M 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 382177580.

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.