401(k) · DOL Form 5500 · 2022

Terry's Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
285
Participants Below avg headcount
61st
Percentile by assets National rank
$29,610
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Terry's Electric 401(k) Savings Plan · Sponsored by Terry's Electric, Inc. · Florida · Construction

$8M in assets, 285 participants

Terry's Electric, Inc.'s Terry's Electric 401(k) Savings Plan reported $8M in total assets and 285 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #6,059 in Construction (9,927 peers)

Coverage in Florida

Terry's Electric 401(k) Savings Plan covers 285 participants in Florida, about 45% of the average Florida filer (state average ~628 per filing). Assets: $8M.

#6,059
in Construction (9,927 peers)
-22.0%
assets change YoY

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.

Terry's Electric 401(k) Savings Plan's mid-pack asset rank among Construction and all filers

Terry's Electric 401(k) Savings Plan vs every filed plan by assets

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

$8,438,983 Top 39% higher than 61% 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

Terry's Electric 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. Terry's Electric 401(k) Savings Plan sits mid-pack in the medium band (285 participants).

Published 5500 schedule card

Filing strip 592126995 · Terry's Electric, Inc. PY 2022 · 401(k)

Terry's Electric 401(k) Savings Plan · $8M · 285 · 61st

  • 5500 $8M
  • ASSETS 285
  • PCT 61st
  • EIN 401(k)
  • RANK near Tpi Corporation Defined Contribution 401(k) Plan
  • PHOTO ind #6059

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 Florida →

Terry's Electric 401(k) Savings Plan in the asset neighbourhood

Terry's Electric 401(k) Savings PlanTerry's Electric 401(k) Savi…$8MTpi Corporation Defined Contribution 401(k) PlanTpi Corporation Defined Cont…$8MProgenyhealth, LLC 401(k) PlanProgenyhealth, LLC 401(k) Pl…$8MMark H. Hyman, M.D., Inc. Retirement Savings PlanMark H. Hyman, M.D., Inc. Re…$8MBright Future Electric 401(k) PlanBright Future Electric 401(k…$8M
End-of-year total assets ($M) among Terry's Electric 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN592126995
Plan Effective Date2006-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Terry's Electric, Inc.)

Sponsor-wide plan assets over time

All Terry's Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 41.00675401289468% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $8.44M $11.9M ▲ +41.0%
Year Plans Participants Total Assets
2022 1 285 $8M
2023 1 273 $10M
2024 1 317 $12M

Nearby 401(k) Plans in Florida

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

Terry's Electric 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Terry's Electric 401(k) Savings Plan, Total assets ($B): 0.008438983 · Participants: 285Terry's Electric 401(k) Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Terry's Electric 401(k) Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Terry's Electric 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is Tpi Corporation Defined Contribution 401(k) Plan in TN ($8M); by covered participants it is The Bridgespan Group 401(k) Plan in MA (285 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (285 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 Terry's Electric 401(k) Savings Plan assets move in 2022? ▼
Terry's Electric 401(k) Savings Plan declined sharply - down 22.0% during 2022, from $11M to $8M. Reported net income was -$2M.
How have Terry's Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Terry's Electric, Inc.'s sponsor-wide assets grew 41.0%, from $8M to $12M.
Which 401(k) plans are similar in size to Terry's Electric 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tpi Corporation Defined Contribution 401(k) Plan in TN ($8M, 102 participants).
Which 401(k) plans cover a similar participant headcount to Terry's Electric 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Bridgespan Group 401(k) Plan in MA (285 participants, $57M 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 592126995.

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.