401(k) · DOL Form 5500 · 2022

Elm Electrical, Inc. 401(k) Plan

Data updated 2026-08-11

$29M
Total assets
172
Participants
82nd
Percentile by assets
$167,193
Avg per participant
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Official DOL plan name: Elm Electrical, Inc. 401(k) Plan · Sponsored by Elm Electrical, Inc. · Massachusetts · Construction

$29M in assets, 172 participants

Elm Electrical, Inc.'s Elm Electrical, Inc. 401(k) Plan reported $29M in total assets and 172 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 139,126 plans)
  • #8,068 in Construction (9,927 peers)

Coverage in Massachusetts

Elm Electrical, Inc. 401(k) Plan covers 172 participants in Massachusetts, about 26% of the average Massachusetts filer (state average ~659 per filing). Assets: $29M.

$29M
total plan assets (2022 EOY)
172
covered participants
82nd
percentile by assets (of 139,126 plans)
$167,193
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Elm Electrical, Inc. 401(k) Plan sits by total assets

Elm Electrical, Inc. 401(k) Plan vs every filed plan by assets

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

$28,757,174 Top 18% higher than 82% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Elm Electrical, Inc. 401(k) Plan reports 172 participants - about 26% of that state average ($29M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$29M
Net Income-$5M
Employer EIN042489159
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elm Electrical, Inc.)

$20M$30M$40M$50M$60M 202220232024 $28.8M $50.3M ▲ +74.8%
Total plan assets by year, all Elm Electrical, Inc. plans on file
Year Plans Participants Total Assets
2022 1 172 $29M
2023 1 186 $37M
2024 2 402 $50M

Nearby 401(k) Plans in Massachusetts

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

Elm Electrical, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Elm Electrical, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Elm Electrical, Inc.…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Elm Electrical, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Elm Electrical, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Elm Electrical, Inc. 401(k) Plan assets move in 2022?
Elm Electrical, Inc. 401(k) Plan pulled back noticeably - down 13.9% during 2022, from $33M to $29M. Reported net income was -$5M.
How have Elm Electrical, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Elm Electrical, Inc.'s sponsor-wide assets grew 74.8%, from $29M to $50M.
Where does Elm Electrical, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Elm Electrical, Inc. 401(k) Plan ranks in the 82nd 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 Elm Electrical, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Worldwide Express 401(k) Plan in TX ($29M, 1,550 participants).

Next read for Elm Electrical, Inc. 401(k) Plan

Filing takeaways

Ways to act on Elm Electrical, Inc. 401(k) Plan's numbers.

  • By total assets, Elm Electrical, Inc. 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Elm Electrical, Inc.'s sponsor-wide assets have grown 74.8% since 2022 across 3 plan years on file. More Construction plans