Profit Sharing · DOL Form 5500 · 2022

Iconectiv, LLC Profit Sharing Plan

Data updated 2026-08-11

$198M
Total assets
420
Participants
96th
Percentile by assets
$470,677
Avg per participant
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Official DOL plan name: Iconectiv 401(k) Plan · Sponsored by Iconectiv, LLC · New Jersey · Wholesale Trade

$198M in assets, 420 participants

Iconectiv, LLC's Iconectiv 401(k) Plan reported $198M in total assets and 420 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #6,623 in Wholesale Trade (6,843 peers)

Coverage in New Jersey

Iconectiv 401(k) Plan covers 420 participants in New Jersey, about 50% of the average New Jersey filer (state average ~844 per filing). Assets: $198M.

$198M
total plan assets (2022 EOY)
420
covered participants
96th
percentile by assets (of 139,126 plans)
$470,677
avg assets per participant

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Iconectiv 401(k) Plan reports 420 participants - about 50% of that state average ($198M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$235M
Net Assets (End of Year)$198M
Net Income-$37M
Employer EIN222478398
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iconectiv, LLC)

$180M$200M$220M$240M$260M 202220232024 $198M $239M ▲ +21.0%
Total plan assets by year, all Iconectiv, LLC plans on file
Year Plans Participants Total Assets
2022 1 420 $198M
2023 1 395 $226M
2024 1 399 $239M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Iconectiv 401(k) Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Iconectiv 401(k) Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.522.5 Total assets ($B) Participants Iconectiv 401(k) PlanErnst & Young Partne…Princeton University…Operating Engineers …Heavy & General Labo…IBEW Local Union No …
Iconectiv 401(k) Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Iconectiv 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Iconectiv 401(k) Plan assets move in 2022?
Iconectiv 401(k) Plan declined sharply - down 15.7% during 2022, from $235M to $198M. Reported net income was -$37M.
How have Iconectiv, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Iconectiv, LLC's sponsor-wide assets grew 21.0%, from $198M to $239M.
Where does Iconectiv 401(k) Plan rank by assets among Form 5500 filers?
Iconectiv 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Iconectiv 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Cc Industries and Affiliates Profit Sharing Plan for Salaried Employees in IL ($200M, 293 participants).

Filing takeaways

Ways to act on Iconectiv 401(k) Plan's numbers.