401(k) · DOL Form 5500 · 2022

Beacon Electric Company 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
120
Participants Small participant base
61st
Percentile by assets National rank
$69,875
Avg per participant Below avg balance/head
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Official DOL plan name: Beacon Electric Company Profit Sharing Plan · Sponsored by Beacon Electric Company · Ohio · Construction

$8M in assets, 120 participants

Beacon Electric Company's Beacon Electric Company Profit Sharing Plan reported $8M in total assets and 120 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #6,049 in Construction (9,927 peers)

Coverage in Ohio

Beacon Electric Company Profit Sharing Plan covers 120 participants in Ohio, about 16% of the average Ohio filer (state average ~765 per filing). Assets: $8M.

#6,049
in Construction (9,927 peers)
-19.4%
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.

Beacon Electric Company Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Beacon Electric Company Profit Sharing Plan vs every filed plan by assets

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

$8,384,960 Top 39% higher than 61% 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

Beacon Electric Company 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. Beacon Electric Company Profit Sharing Plan sits mid-pack in the medium band (120 participants).

Form 5500 schedule snapshot

Filing strip 311058353 · Beacon Electric Company PY 2022 · 401(k)

Beacon Electric Company Profit Sharing Plan · $8M · 120 · 61st

  • EOY $8M
  • 5500 120
  • ASSETS 61st
  • PCT 401(k)
  • EIN near Ab Specialty Silicones Safe Harbor 401(k) Profit S
  • RANK ind #6049

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 →

Beacon Electric Company Profit Sharing Plan in the asset neighbourhood

Ottinger Hebert, LLC Profit Sharing 401(k) PlanOttinger Hebert, LLC Profit …$8MXanedu Publishing Retirement PlanXanedu Publishing Retirement…$8MBeacon Electric Company Profit Sharing PlanBeacon Electric Company Prof…$8MAb Specialty Silicones Safe Harbor 401(k) Profit SAb Specialty Silicones Safe …$8MGila Health Resources, LLC 401(k) PlanGila Health Resources, LLC 4…$8M
End-of-year total assets ($M) among Beacon Electric Company Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN311058353
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beacon Electric Company)

Sponsor-wide plan assets over time

All Beacon Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$22M 146.11197416115925% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $9.11M $22.4M ▲ +146.2%
Year Plans Participants Total Assets
2022 2 241 $9M
2023 2 220 $14M
2024 2 230 $22M

Nearby 401(k) Plans in Ohio

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

Beacon Electric Company Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Beacon Electric Company Profit Sharing Plan, Total assets ($B): 0.00838496 · Participants: 120Beacon Electric Company Profit Sharing PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Beacon Electric Company Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Beacon Electric Company Profit Sharing Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Ab Specialty Silicones Safe Harbor 401(k) Profit S in IL ($8M); by covered participants it is Newco Distributors, Inc. Retirement Plan in CA (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 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 Beacon Electric Company Profit Sharing Plan assets move in 2022? ▼
Beacon Electric Company Profit Sharing Plan declined sharply - down 19.4% during 2022, from $10M to $8M. Reported net income was -$2M.
How have Beacon Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beacon Electric Company's sponsor-wide assets grew 146.1%, from $9M to $22M.
Which 401(k) plans are similar in size to Beacon Electric Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ab Specialty Silicones Safe Harbor 401(k) Profit S in IL ($8M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Beacon Electric Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Newco Distributors, Inc. Retirement Plan in CA (120 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 311058353.

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.