401(k) · DOL Form 5500 · 2022

Design Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
153
Participants Small participant base
53rd
Percentile by assets National rank
$37,433
Avg per participant Low balance/head
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Official DOL plan name: Design Electric, Inc. Employees' Retirement Plan · Sponsored by Design Electric, Inc. · Virginia · Construction

$6M in assets, 153 participants

Design Electric, Inc.'s Design Electric, Inc. Employees' Retirement Plan reported $6M in total assets and 153 participants in its 2022 DOL Form 5500 filing, ranking in the 53rd 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.

  • #5,242 in Construction (9,927 peers)

Coverage in Virginia

Design Electric, Inc. Employees' Retirement Plan covers 153 participants in Virginia, about 20% of the average Virginia filer (state average ~782 per filing). Assets: $6M.

#5,242
in Construction (9,927 peers)
-22.6%
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.

Design Electric, Inc. Employees' Retirement Plan's mid-pack asset rank among Construction and all filers

Design Electric, Inc. Employees' Retirement Plan vs every filed plan by assets

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

$5,727,256 Top 47% higher than 53% 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

Design Electric, Inc. Employees' Retirement 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. Design Electric, Inc. Employees' Retirement Plan sits mid-pack in the medium band (153 participants).

Form 5500 schedule snapshot

Filing strip 541232883 · Design Electric, Inc. PY 2022 · 401(k)

Design Electric, Inc. Employees' Retirement Plan · $6M · 153 · 53rd

  • IND $6M
  • EOY 153
  • 5500 53rd
  • ASSETS 401(k)
  • PCT near Sutton Frost Cary Retirement Plan
  • EIN ind #5242

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 Virginia →

Design Electric, Inc. Employees' Retirement Plan in the asset neighbourhood

Design Electric, Inc. Employees' Retirement PlanDesign Electric, Inc. Employ…$6MSutton Frost Cary Retirement PlanSutton Frost Cary Retirement…$6MDakotabilities 401(k) Retirement PlanDakotabilities 401(k) Retire…$6MPih Health Downey Medical Group, Inc. 401(k) PlanPih Health Downey Medical Gr…$6MIps - Mc 401(k) Retirement Savings PlanIps - Mc 401(k) Retirement S…$6M
End-of-year total assets ($M) among Design Electric, Inc. Employees' Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$2M
Employer EIN541232883
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Design Electric, Inc.)

Sponsor-wide plan assets over time

All Design Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 27.474148336929915% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $18.4M $23.5M ▲ +27.5%
Year Plans Participants Total Assets
2022 2 309 $18M
2023 2 261 $21M
2024 2 257 $23M

Nearby 401(k) Plans in Virginia

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

Design Electric, Inc. Employees' Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Design Electric, Inc. Employees' Retirement Plan, Total assets ($B): 0.005727256 · Participants: 153Design Electric, Inc. Employees' Retirement PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Design Electric, Inc. Employees' Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Design Electric, Inc. Employees' Retirement Plan side-by-side with 3 peers →

Design Electric, Inc. Employees' Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Sutton Frost Cary Retirement Plan in TX ($6M); by covered participants it is Btc Mobility, LLC 401(k) Retirement Plan in MA (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Design Electric, Inc. Employees' Retirement Plan assets move in 2022? ▼
Design Electric, Inc. Employees' Retirement Plan declined sharply - down 22.6% during 2022, from $7M to $6M. Reported net income was -$2M.
How have Design Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Design Electric, Inc.'s sponsor-wide assets grew 27.5%, from $18M to $23M.
Which 401(k) plans are similar in size to Design Electric, Inc. Employees' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sutton Frost Cary Retirement Plan in TX ($6M, 47 participants).
Which 401(k) plans cover a similar participant headcount to Design Electric, Inc. Employees' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Btc Mobility, LLC 401(k) Retirement Plan in MA (153 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 541232883.

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.