Profit Sharing · DOL Form 5500 · 2022

Bud's Electric, Inc. Profit Sharing Plan

Data updated 2026-08-25

$159K
Total assets Small plan by assets
2
Participants Small participant base
9th
Percentile by assets National rank
$79,426
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bud's Electric, Inc. Profit Sharing Plan · Sponsored by Bud's Electric, Inc. · Ohio · Construction

$159K in assets, 2 participants

Bud's Electric, Inc.'s Bud's Electric, Inc. Profit Sharing Plan reported $159K in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 9th 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.

  • #742 in Construction (9,927 peers)

Bud's Electric, Inc. multi-year trail

Bud's Electric, Inc.'s plans moved +35.1% in assets from 2022 to 2024; this filing shows Bud's Electric, Inc. Profit Sharing Plan at $159K / 2 participants.

#742
in Construction (9,927 peers)
-12.0%
assets change YoY

The plan reported a net loss of $22K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bud's Electric, Inc. Profit Sharing Plan among the smaller filed plans by assets

Bud's Electric, Inc. Profit Sharing Plan vs every filed plan by assets

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

$158,852 9th percentile higher than 9% 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

Bud's Electric, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bud's Electric, Inc. Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

Form 5500 schedule snapshot

Filing strip 341692863 · Bud's Electric, Inc. PY 2022 · Profit Sharing

Bud's Electric, Inc. Profit Sharing Plan · $159K · 2 · 9th

  • PART $159K
  • PART 2
  • PART 9th
  • PART Profit Sharing
  • PART near Parris Fit Inc. Retirement Plan
  • PART ind #742

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 Ohio →

Bud's Electric, Inc. Profit Sharing Plan in the asset neighbourhood

Bud's Electric, Inc. Profit Sharing PlanBud's Electric, Inc. Profit …$159KParris Fit Inc. Retirement PlanParris Fit Inc. Retirement P…$159KRed Sage Enterprises, Inc. Retirement PlanRed Sage Enterprises, Inc. R…$159KS & Q Moore Enterprises, Inc. Profit Sharing PlanS & Q Moore Enterprises, Inc…$159KToo Many Choices, Inc. Retirement PlanToo Many Choices, Inc. Retir…$159K
End-of-year total assets ($M) among Bud's Electric, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Bud's Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bud's Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$215K 35.14592199028026% vs 2022
2024 filing year
$0.14M$0.16M$0.18M$0.2M$0.22M 202220232024 $0.16M $0.21M ▲ +31.2%
Year Plans Participants Total Assets
2022 1 2 $159K
2023 1 2 $205K
2024 1 2 $215K

Bud's Electric, Inc. filing trail (2022)

Total Assets (Beginning of Year)$181K
Net Assets (End of Year)$159K
Net Income-$22K
Employer EIN341692863
Plan Effective Date1998-04-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Ohio

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

Bud's Electric, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.5 Total assets ($B) Participants Bud's Electric, Inc. Profit Sharing Plan, Total assets ($B): 0.000158852 · Participants: 2Bud's Electric, Inc. Profit Sharing PlanCleveland Clinic Investment Pension Plan, Total assets ($B): 1.188747256 · Participants: 46417Cleveland Clinic Investment Pension PlanThe Employer Retirement Savings Plan- Premier Health Partners, Total assets ($B): 0.201665954 · Participants: 11973The Employer Retirement Savings Plan- Premier Health PartnersWhite Castle Profit Sharing Plan, Total assets ($B): 0.172160423 · Participants: 4241White Castle Profit Sharing PlanHolzer Health System 401a Profit Sharing Plan, Total assets ($B): 0.165638748 · Participants: 1876Holzer Health System 401a Profit Sharing PlanSouthern Ohio Medical Center Retirement Savings Program, Total assets ($B): 0.13554467 · Participants: 3162Southern Ohio Medical Center Retirement Savings Program
Bud's Electric, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
Compare Bud's Electric, Inc. Profit Sharing Plan side-by-side with 3 peers →

Bud's Electric, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Ohio, the nearest Profit Sharing by assets is Parris Fit Inc. Retirement Plan in NC ($159K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

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 Bud's Electric, Inc. Profit Sharing Plan assets move in 2022? ▼
Bud's Electric, Inc. Profit Sharing Plan pulled back noticeably - down 12.0% during 2022, from $181K to $159K. Reported net income was -$22K.
How have Bud's Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bud's Electric, Inc.'s sponsor-wide assets grew 35.1%, from $159K to $215K.
Where does Bud's Electric, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Bud's Electric, Inc. Profit Sharing Plan ranks in the 9th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Bud's Electric, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Parris Fit Inc. Retirement Plan in NC ($159K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Bud's Electric, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $4M 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 341692863.

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.