401(k) · DOL Form 5500 · 2022

Sterling Corporation 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
163
Participants Small participant base
73rd
Percentile by assets National rank
$93,200
Avg per participant Below avg balance/head
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Official DOL plan name: Sterling Employee Savings Plan · Sponsored by Sterling Corporation · Massachusetts · Transportation & Warehousing

$15M in assets, 163 participants

Sterling Corporation's Sterling Employee Savings Plan reported $15M in total assets and 163 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #2,870 in Transportation & Warehousing (3,876 peers)

Coverage in Massachusetts

Sterling Employee Savings Plan covers 163 participants in Massachusetts, about 25% of the average Massachusetts filer (state average ~659 per filing). Assets: $15M.

#2,870
in Transportation & Warehousing (3,876 peers)
+34.6%
assets growth YoY

The plan reported a net loss of $723K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sterling Employee Savings Plan's outsized position by total assets

Sterling Employee Savings Plan vs every filed plan by assets

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

$15,191,666 Top 27% higher than 73% 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

Sterling Employee 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. Sterling Employee Savings Plan sits mid-pack in the medium band (163 participants).

Form 5500 schedule snapshot

Filing strip 042890273 · Sterling Corporation PY 2022 · 401(k)

Sterling Employee Savings Plan · $15M · 163 · 73rd

  • 5500 $15M
  • 5500 163
  • 5500 73rd
  • 5500 401(k)
  • 5500 near Kewaunee Fabrications LLC 401(k) Plan
  • 5500 ind #2870

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 Transportation & Warehousing retirement plans → · Plans in Massachusetts →

Sterling Employee Savings Plan in the asset neighbourhood

Sterling Employee Savings PlanSterling Employee Savings Pl…$15MKewaunee Fabrications LLC 401(k) PlanKewaunee Fabrications LLC 40…$15MWongdoody, Inc. 401(k) Retirement Savings PlanWongdoody, Inc. 401(k) Retir…$15MLarson Texts, Inc. Employees' Savings and Retirement PlanLarson Texts, Inc. Employees…$15MThe Body Shop 401(k) Savings & Retirement PlanThe Body Shop 401(k) Savings…$15M
End-of-year total assets ($M) among Sterling Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$15M
Net Income-$723K
Employer EIN042890273
Plan Effective Date1981-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sterling Corporation)

Sponsor-wide plan assets over time

All Sterling Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$19M 22.725045429513788% vs 2022
2024 filing year
$14M$16M$18M$20M 202220232024 $15.2M $18.6M ▲ +22.7%
Year Plans Participants Total Assets
2022 1 163 $15M
2023 1 132 $17M
2024 1 147 $19M

Nearby 401(k) Plans in Massachusetts

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

Sterling Employee Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Sterling Employee Savings Plan, Total assets ($B): 0.015191666 · Participants: 163Sterling Employee Savings 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
Sterling Employee Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Sterling Employee Savings Plan side-by-side with 3 peers →

Sterling Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Kewaunee Fabrications LLC 401(k) Plan in WI ($15M); by covered participants it is Orchid Underwriters Agency 401(k) Plan in FL (163 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (163 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 Sterling Employee Savings Plan assets move in 2022? ▼
Sterling Employee Savings Plan surged - up 34.6% during 2022, from $11M to $15M. Reported net income was -$723K.
How have Sterling Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sterling Corporation's sponsor-wide assets grew 22.7%, from $15M to $19M.
Which 401(k) plans are similar in size to Sterling Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kewaunee Fabrications LLC 401(k) Plan in WI ($15M, 214 participants).
Which 401(k) plans cover a similar participant headcount to Sterling Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Orchid Underwriters Agency 401(k) Plan in FL (163 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 042890273.

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.