401(k)
2022 plan-year 401(k) DOL Form 5500

Venture Construction Company Profit Sharing Plan and Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Venture Construction Company · Georgia · Construction

What the 2023 filing shows

Venture Construction Company Profit Sharing Plan and Trust holds $45M for 221 participants — about $202,439 per participant, down 21.7% over the 2022 plan year.

$45M
total plan assets (2022 EOY)
221
covered participants
$202,439
avg assets per participant
-21.7%
assets change YoY

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.

Total Assets (2023)
$45M
Participants
221
State
Industry
Construction

What the Filing Says About Venture Construction Company Profit Sharing Plan and Trust

Venture Construction Company Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Venture Construction Company, headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $45M in total end-of-year assets and covers 221 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 581077028, and the plan has been effective since 1979-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $57M at the beginning of 2022 to $45M at year-end — a decline of 21.7%. Net assets (after liabilities) closed the year at $45M, with reported net income of $-12,434,987 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$57M
Total Assets (End of Year)$45M
Net Assets (End of Year)$45M
Net Income$-12,434,987
Plan Type401(k)
Employer EIN581077028
Plan Effective Date1979-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Venture Construction Company)

Year Plans Participants Total Assets
2022 2 448 $101M
2023 2 459 $108M
2024 2 447 $131M

Nearby 401(k) Plans in Georgia

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

Frequently Asked Questions

How much money is in the Venture Construction Company Profit Sharing Plan and Trust?
As of the 2022 Form 5500 filing, Venture Construction Company Profit Sharing Plan and Trust holds $45M in total assets with 221 participants. It is sponsored by Venture Construction Company.
What type of plan is Venture Construction Company Profit Sharing Plan and Trust?
Venture Construction Company Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 1979-02-01. The plan is filed with the U.S. Department of Labor under EIN 581077028.
Who sponsors the Venture Construction Company Profit Sharing Plan and Trust?
Venture Construction Company Profit Sharing Plan and Trust is sponsored by Venture Construction Company, located in Georgia. The sponsor's EIN is 581077028 and the plan operates in the Construction industry.
How did Venture Construction Company Profit Sharing Plan and Trust perform in 2022?
Venture Construction Company Profit Sharing Plan and Trust declined by 21.7% during 2022, moving from $57M to $45M in total assets. Net income was $-12,434,987.
Where can I find official filings for Venture Construction Company Profit Sharing Plan and Trust?
Official Form 5500 filings for Venture Construction Company Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 581077028 or plan name at efast.dol.gov.
How does Venture Construction Company Profit Sharing Plan and Trust compare to other plans?
You can compare Venture Construction Company Profit Sharing Plan and Trust against other 401(k) plans on the plan type page, or view plans in Georgia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 581077028.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.