401(k) · DOL Form 5500 · 2022

State Utility Contractors, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
152
Participants Small participant base
70th
Percentile by assets National rank
$85,413
Avg per participant Below avg balance/head
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Official DOL plan name: State Utility Contractors, Inc. 401(k) Profit Sharing Plan · Sponsored by State Utility Contractors, Inc. · North Carolina · Construction

$13M in assets, 152 participants

State Utility Contractors, Inc.'s State Utility Contractors, Inc. 401(k) Profit Sharing Plan reported $13M in total assets and 152 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #6,915 in Construction (9,927 peers)

Coverage in North Carolina

State Utility Contractors, Inc. 401(k) Profit Sharing Plan covers 152 participants in North Carolina, about 19% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

#6,915
in Construction (9,927 peers)
-12.4%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State Utility Contractors, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

State Utility Contractors, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$12,982,841 Top 30% higher than 70% 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

State Utility Contractors, Inc. 401(k) 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. State Utility Contractors, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (152 participants).

DOL schedule card

Filing strip 561444827 · State Utility Contractors, Inc. PY 2022 · 401(k)

State Utility Contractors, Inc. 401(k) Profit Sharing Plan · $13M · 152 · 70th

  • EBSA $13M
  • PART 152
  • TYPE 70th
  • NET 401(k)
  • BOOK near Ohnstad Twichell, P.C. Safe Harbor 401(k) Profit Sharing Plan
  • VS-ST ind #6915

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 North Carolina →

State Utility Contractors, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

State Utility Contractors, Inc. 401(k) Profit Sharing PlanState Utility Contractors, I…$13MOhnstad Twichell, P.C. Safe Harbor 401(k) Profit Sharing PlanOhnstad Twichell, P.C. Safe …$13MLeantaas 401(k) Savings Plan$13MVision Care Center a Medical G 401(k) Profit Sharing Plan & TrustVision Care Center a Medical…$13MWeber Distribution, LLC 401(k) PlanWeber Distribution, LLC 401(…$13M
End-of-year total assets ($M) among State Utility Contractors, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN561444827
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Utility Contractors, Inc.)

Sponsor-wide plan assets over time

All State Utility Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$137M 44.22846554807539% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $95.3M $137M ▲ +44.2%
Year Plans Participants Total Assets
2022 2 299 $95M
2023 2 294 $101M
2024 2 325 $137M

Nearby 401(k) Plans in North Carolina

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

State Utility Contractors, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants State Utility Contractors, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.012982841 · Participants: 152State Utility Contractors, Inc. 401(k) Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
State Utility Contractors, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

State Utility Contractors, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ohnstad Twichell, P.C. Safe Harbor 401(k) Profit Sharing Plan in ND ($13M); by covered participants it is Advanced Technologies and Laboratories (Atl) International, Inc. 401(k) Plan in MD (152 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (152 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 State Utility Contractors, Inc. 401(k) Profit Sharing Plan assets move in 2022?
State Utility Contractors, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 12.4% during 2022, from $15M to $13M. Reported net income was -$2M.
How have State Utility Contractors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), State Utility Contractors, Inc.'s sponsor-wide assets grew 44.2%, from $95M to $137M.
Which 401(k) plans are similar in size to State Utility Contractors, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Ohnstad Twichell, P.C. Safe Harbor 401(k) Profit Sharing Plan in ND ($13M, 64 participants).
Which 401(k) plans cover a similar participant headcount to State Utility Contractors, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Advanced Technologies and Laboratories (Atl) International, Inc. 401(k) Plan in MD (152 participants, N/A in assets).