401(k) · DOL Form 5500 · 2022

Korte Construction Company 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
200
Participants Below avg headcount
86th
Percentile by assets National rank
$199,234
Avg per participant Above avg balance/head
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Official DOL plan name: The Ralph Korte Enterprises Profit-Sharing/Thrift Plan · Sponsored by Korte Construction Company · Illinois · Construction

$40M in assets, 200 participants

Korte Construction Company's The Ralph Korte Enterprises Profit-Sharing/Thrift Plan reported $40M in total assets and 200 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #8,377 in Construction (9,927 peers)

Coverage in Illinois

The Ralph Korte Enterprises Profit-Sharing/Thrift Plan covers 200 participants in Illinois, about 26% of the average Illinois filer (state average ~779 per filing). Assets: $40M.

#8,377
in Construction (9,927 peers)
-23.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Ralph Korte Enterprises Profit-Sharing/Thrift Plan's outsized position by total assets

The Ralph Korte Enterprises Profit-Sharing/Thrift Plan vs every filed plan by assets

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

$39,846,714 Top 14% higher than 86% 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

The Ralph Korte Enterprises Profit-Sharing/Thrift 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. The Ralph Korte Enterprises Profit-Sharing/Thrift Plan sits mid-pack in the medium band (200 participants).

Published 5500 schedule card

Filing strip 371017433 · Korte Construction Company PY 2022 · 401(k)

The Ralph Korte Enterprises Profit-Sharing/Thrift Plan · $40M · 200 · 86th

  • EBSA $40M
  • EBSA 200
  • EBSA 86th
  • EBSA 401(k)
  • EBSA near Uci Medical Affiiliates Savings Plan
  • EBSA ind #8377

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 Illinois →

The Ralph Korte Enterprises Profit-Sharing/Thrift Plan in the asset neighbourhood

Musco Family Olive Co. 401(k) and Profit Sharing PlanMusco Family Olive Co. 401(k…$40MThe Ralph Korte Enterprises Profit-Sharing/Thrift PlanThe Ralph Korte Enterprises …$40MUci Medical Affiiliates Savings PlanUci Medical Affiiliates Savi…$40MCbt 401(k) and Profit Sharing PlanCbt 401(k) and Profit Sharin…$40MEanj 401(k) Retirement Advantage PlanEanj 401(k) Retirement Advan…$40M
End-of-year total assets ($M) among The Ralph Korte Enterprises Profit-Sharing/Thrift Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$40M
Net Income-$12M
Employer EIN371017433
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Korte Construction Company)

Sponsor-wide plan assets over time

All Korte Construction Company plans reported in each filing year

Latest sponsor-wide plan assets
$53M 32.47200258470498% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.9M $52.8M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 200 $40M
2023 1 215 $48M
2024 1 215 $53M

Nearby 401(k) Plans in Illinois

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

The Ralph Korte Enterprises Profit-Sharing/Thrift Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants The Ralph Korte Enterprises Profit-Sharing/Thrift Plan, Total assets ($B): 0.039846714 · Participants: 200The Ralph Korte Enterprises Profit-Sharing/Thrift PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

The Ralph Korte Enterprises Profit-Sharing/Thrift Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Uci Medical Affiiliates Savings Plan in SC ($40M); by covered participants it is D & D Gear, Inc. 401(k) Profit Sharing Plan in CA (200 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (200 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 The Ralph Korte Enterprises Profit-Sharing/Thrift Plan assets move in 2022?
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan declined sharply - down 23.3% during 2022, from $52M to $40M. Reported net income was -$12M.
How have Korte Construction Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Korte Construction Company's sponsor-wide assets grew 32.5%, from $40M to $53M.
Where does The Ralph Korte Enterprises Profit-Sharing/Thrift Plan rank by assets among Form 5500 filers?
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan ranks in the 86th 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 The Ralph Korte Enterprises Profit-Sharing/Thrift Plan?
Among 401(k) plans in other states, the closest by assets is Uci Medical Affiiliates Savings Plan in SC ($40M, 869 participants).
Which 401(k) plans cover a similar participant headcount to The Ralph Korte Enterprises Profit-Sharing/Thrift Plan?
Among 401(k) plans in other states, the closest by covered participants is D & D Gear, Inc. 401(k) Profit Sharing Plan in CA (200 participants, $22M in assets).