401(k) · DOL Form 5500 · 2022

Simco Electronics 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
331
Participants Below avg headcount
79th
Percentile by assets National rank
$66,247
Avg per participant Below avg balance/head
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Official DOL plan name: Simco Profit Sharing 401(k) Plan · Sponsored by Simco Electronics · California · Other Services

$22M in assets, 331 participants

Simco Electronics's Simco Profit Sharing 401(k) Plan reported $22M in total assets and 331 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #7,456 in Other Services (8,398 peers)

Where Simco Profit Sharing 401(k) Plan sits by assets

Simco Profit Sharing 401(k) Plan sits in the top quartile of all filed plans by assets, $22M for 331 participants (~$66,247/participant), down 12.2% in 2022.

#7,456
in Other Services (8,398 peers)
-12.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

Simco Profit Sharing 401(k) Plan's outsized position by total assets

Simco Profit Sharing 401(k) Plan vs every filed plan by assets

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

$21,927,630 Top 21% higher than 79% 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

Simco Profit Sharing 401(k) 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. Simco Profit Sharing 401(k) Plan sits mid-pack in the medium band (331 participants).

Form 5500 schedule snapshot

Filing strip 941617912 · Simco Electronics PY 2022 · 401(k)

Simco Profit Sharing 401(k) Plan · $22M · 331 · 79th

  • PART $22M
  • TYPE 331
  • NET 79th
  • BOOK 401(k)
  • VS-ST near Florida Heart Associates Retirement Plan
  • BOY ind #7456

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 Other Services retirement plans → · Plans in California →

Simco Profit Sharing 401(k) Plan in the asset neighbourhood

Simco Profit Sharing 401(k) PlanSimco Profit Sharing 401(k) …$22MFlorida Heart Associates Retirement PlanFlorida Heart Associates Ret…$22MOakridge Homes II, Ltd. Retirement Savings PlanOakridge Homes II, Ltd. Reti…$22MElme Communities 401(k) Plan$22MAngstrom Graphics 401(k) and Profit Sharing PlanAngstrom Graphics 401(k) and…$22M
End-of-year total assets ($M) among Simco Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$22M
Net Income-$3M
Employer EIN941617912
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Simco Electronics)

Sponsor-wide plan assets over time

All Simco Electronics plans reported in each filing year

Latest sponsor-wide plan assets
$27M 22.20793127209826% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.9M $26.8M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 331 $22M
2023 1 348 $26M
2024 1 345 $27M

Nearby 401(k) Plans in California

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

Simco Profit Sharing 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Simco Profit Sharing 401(k) Plan, Total assets ($B): 0.02192763 · Participants: 331Simco Profit Sharing 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Simco Profit Sharing 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Simco Profit Sharing 401(k) Plan side-by-side with 3 peers →

Simco Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Florida Heart Associates Retirement Plan in FL ($22M); by covered participants it is Ineight Inc. 401(k) Plan in AZ (331 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (331 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 Simco Profit Sharing 401(k) Plan assets move in 2022? ▼
Simco Profit Sharing 401(k) Plan pulled back noticeably - down 12.2% during 2022, from $25M to $22M. Reported net income was -$3M.
How have Simco Electronics plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simco Electronics's sponsor-wide assets grew 22.2%, from $22M to $27M.
Where does Simco Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Simco Profit Sharing 401(k) Plan ranks in the 79th 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 Simco Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Florida Heart Associates Retirement Plan in FL ($22M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Simco Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ineight Inc. 401(k) Plan in AZ (331 participants, $28M 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 941617912.

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.