401(k) · DOL Form 5500 · 2022

Benfield Electric Company, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
206
Participants Below avg headcount
73rd
Percentile by assets National rank
$72,704
Avg per participant Below avg balance/head
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Official DOL plan name: Benfield Electric Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Benfield Electric Company, Inc. · Maryland · Construction

$15M in assets, 206 participants

Benfield Electric Company, Inc.'s Benfield Electric Company, Inc. 401(k) Profit Sharing Plan reported $15M in total assets and 206 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #7,177 in Construction (9,927 peers)

Coverage in Maryland

Benfield Electric Company, Inc. 401(k) Profit Sharing Plan covers 206 participants in Maryland, about 22% of the average Maryland filer (state average ~929 per filing). Assets: $15M.

#7,177
in Construction (9,927 peers)
-15.2%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Benfield Electric Company, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Benfield Electric Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$14,977,090 Top 27% higher than 73% 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

Benfield Electric Company, 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. Benfield Electric Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (206 participants).

Form 5500 schedule snapshot

Filing strip 520956051 · Benfield Electric Company, Inc. PY 2022 · 401(k)

Benfield Electric Company, Inc. 401(k) Profit Sharing Plan · $15M · 206 · 73rd

  • 5500 $15M
  • ASSETS 206
  • PCT 73rd
  • EIN 401(k)
  • RANK near Wsm Industries Profit Sharing 401(k) Plan
  • PHOTO ind #7177

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 Maryland →

Benfield Electric Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Benfield Electric Company, Inc. 401(k) Profit Sharing PlanBenfield Electric Company, I…$15MWsm Industries Profit Sharing 401(k) PlanWsm Industries Profit Sharin…$15MPrice Brothers, Inc Retirement PlanPrice Brothers, Inc Retireme…$15MHayes Beer Distributing Company Profit Sharing Plan and TrustHayes Beer Distributing Comp…$15MAero Controls, Inc. 401(k) Profit Sharing PlanAero Controls, Inc. 401(k) P…$15M
End-of-year total assets ($M) among Benfield Electric Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$15M
Net Income-$3M
Employer EIN520956051
Plan Effective Date1990-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Benfield Electric Company, Inc.)

Sponsor-wide plan assets over time

All Benfield Electric Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 20.418973245136403% vs 2022
2024 filing year
$14M$15M$16M$17M$18M$19M 202220232024 $15M $18M ▲ +20.4%
Year Plans Participants Total Assets
2022 1 206 $15M
2023 1 196 $17M
2024 1 204 $18M

Nearby 401(k) Plans in Maryland

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

Benfield Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Benfield Electric Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.01497709 · Participants: 206Benfield Electric Company, Inc. 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Benfield Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

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

Outside Maryland, the nearest 401(k) by assets is Wsm Industries Profit Sharing 401(k) Plan in KS ($15M); by covered participants it is Westrec Properties, Inc. & Affiliated Companies 401(k) Plan in CA (206 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 Benfield Electric Company, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Benfield Electric Company, Inc. 401(k) Profit Sharing Plan declined sharply - down 15.2% during 2022, from $18M to $15M. Reported net income was -$3M.
How have Benfield Electric Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Benfield Electric Company, Inc.'s sponsor-wide assets grew 20.4%, from $15M to $18M.
Which 401(k) plans are similar in size to Benfield Electric Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Wsm Industries Profit Sharing 401(k) Plan in KS ($15M, 206 participants).
Which 401(k) plans cover a similar participant headcount to Benfield Electric Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Westrec Properties, Inc. & Affiliated Companies 401(k) Plan in CA (206 participants, N/A in assets).