401(k) Β· DOL Form 5500 Β· 2022

Main Electric Supply Co. Savings and Investment Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$25M
Total assets
420
Participants
68th
Percentile by assets

Sponsored by Main Electric Supply Company LLC Β· California Β· Wholesale Trade

What the 2022 filing shows

Main Electric Supply Co. Savings and Investment Plan holds $25M for 420 participants - about $58,948 per participant, above the median plan by assets, down 7.4% over the 2022 plan year.

$25M
total plan assets (2022 EOY)
420
covered participants
68th
percentile by assets (of 84,055 plans)
$58,948
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$25M
Participants
420
State
Industry
Wholesale Trade

What the Filing Says About Main Electric Supply Co. Savings and Investment Plan

Main Electric Supply Co. Savings and Investment Plan is a 401(k) retirement plan sponsored by Main Electric Supply Company LLC, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 420 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 274449278, and the plan has been effective since 1970-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $27M at the beginning of 2022 to $25M at year-end - a decline of 7.4%. Net assets (after liabilities) closed the year at $25M, with reported net income of $-1,988,891 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$27M
Total Assets (End of Year)$25M
Net Assets (End of Year)$25M
Net Income$-1,988,891
Plan Type401(k)
Employer EIN274449278
Plan Effective Date1970-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Main Electric Supply Company LLC)

Year Plans Participants Total Assets
2022 1 420 $25M
2023 1 491 $34M
2024 1 574 $44M

Nearby 401(k) Plans in California

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

Frequently Asked Questions

How much money is in the Main Electric Supply Co. Savings and Investment Plan?
As of the 2022 Form 5500 filing, Main Electric Supply Co. Savings and Investment Plan holds $25M in total assets with 420 participants. It is sponsored by Main Electric Supply Company LLC.
What type of plan is Main Electric Supply Co. Savings and Investment Plan?
Main Electric Supply Co. Savings and Investment Plan is a 401(k) plan. It has been effective since 1970-07-01. The plan is filed with the U.S. Department of Labor under EIN 274449278.
Who sponsors the Main Electric Supply Co. Savings and Investment Plan?
Main Electric Supply Co. Savings and Investment Plan is sponsored by Main Electric Supply Company LLC, located in California. The sponsor's EIN is 274449278 and the plan operates in the Wholesale Trade industry.
How did Main Electric Supply Co. Savings and Investment Plan perform in 2022?
Main Electric Supply Co. Savings and Investment Plan declined by 7.4% during 2022, moving from $27M to $25M in total assets. Net income was $-1,988,891.
Where can I find official filings for Main Electric Supply Co. Savings and Investment Plan?
Official Form 5500 filings for Main Electric Supply Co. Savings and Investment Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 274449278 or plan name at efast.dol.gov.
How does Main Electric Supply Co. Savings and Investment Plan compare to other plans?
You can compare Main Electric Supply Co. Savings and Investment Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 274449278.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.