401(k) · DOL Form 5500 · 2022

Simpson Electric Company 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
111
Participants Small participant base
41st
Percentile by assets National rank
$28,372
Avg per participant Low balance/head
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Official DOL plan name: Simpson Electric Company Profit Sharing Plan · Sponsored by Simpson Electric Company · South Carolina · Construction

$3M in assets, 111 participants

Simpson Electric Company's Simpson Electric Company Profit Sharing Plan reported $3M in total assets and 111 participants in its 2022 DOL Form 5500 filing, ranking in the 41st 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.

  • #3,935 in Construction (9,927 peers)

Coverage in South Carolina

Simpson Electric Company Profit Sharing Plan covers 111 participants in South Carolina, about 30% of the average South Carolina filer (state average ~369 per filing). Assets: $3M.

#3,935
in Construction (9,927 peers)
-24.8%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Simpson Electric Company Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Simpson Electric Company Profit Sharing Plan vs every filed plan by assets

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

$3,149,279 41st percentile higher than 41% 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

Simpson Electric Company Profit Sharing 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. Simpson Electric Company Profit Sharing Plan sits mid-pack in the medium band (111 participants).

Form 5500 schedule snapshot

Filing strip 560787504 · Simpson Electric Company PY 2022 · 401(k)

Simpson Electric Company Profit Sharing Plan · $3M · 111 · 41st

  • 5500 $3M
  • 5500 111
  • 5500 41st
  • 5500 401(k)
  • 5500 near Seeqc Inc. 401(k)
  • 5500 ind #3935

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 South Carolina →

Simpson Electric Company Profit Sharing Plan in the asset neighbourhood

Simpson Electric Company Profit Sharing PlanSimpson Electric Company Pro…$3MSeeqc Inc. 401(k)$3MMark Lawrence Photographers Profit Sharing PlanMark Lawrence Photographers …$3MA. Paul Serrano, D.D.S., P.C. 401(k) and Profit Sharing PlanA. Paul Serrano, D.D.S., P.C…$3MUnipres Alabama 401(k) Plan$3M
End-of-year total assets ($M) among Simpson Electric Company Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

South Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$1M
Employer EIN560787504
Plan Effective Date1967-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Simpson Electric Company)

Sponsor-wide plan assets over time

All Simpson Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 47.516812578371116% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.15M $4.65M ▲ +47.6%
Year Plans Participants Total Assets
2022 1 111 $3M
2023 1 96 $4M
2024 1 103 $5M

Nearby 401(k) Plans in South Carolina

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

Simpson Electric Company Profit Sharing Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Simpson Electric Company Profit Sharing Plan, Total assets ($B): 0.003149279 · Participants: 111Simpson Electric Company Profit Sharing PlanMichelin 401(k) Savings Plan, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & Savings PlanThe Milliken Retirement Plan, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirement PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Simpson Electric Company Profit Sharing Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Simpson Electric Company Profit Sharing Plan side-by-side with 3 peers →

Simpson Electric Company Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Seeqc Inc. 401(k) in NY ($3M); by covered participants it is Green Box Loans Inc, 401(k) Plan in CA (111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Simpson Electric Company Profit Sharing Plan assets move in 2022? ▼
Simpson Electric Company Profit Sharing Plan declined sharply - down 24.8% during 2022, from $4M to $3M. Reported net income was -$1M.
How have Simpson Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simpson Electric Company's sponsor-wide assets grew 47.5%, from $3M to $5M.
Which 401(k) plans are similar in size to Simpson Electric Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Seeqc Inc. 401(k) in NY ($3M, 16 participants).
Which 401(k) plans cover a similar participant headcount to Simpson Electric Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Green Box Loans Inc, 401(k) Plan in CA (111 participants, $192K 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 560787504.

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.