401(k)
2022 plan-year 401(k) DOL Form 5500

Moores Electrical & Mechanical Construction, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Moores Electrical & Mechanical Construction, Inc. · Virginia · Construction

What the 2023 filing shows

Moores Electrical & Mechanical Construction, Inc. 401(k) Plan holds $22M for 479 participants — about $46,637 per participant, down 48.0% over the 2022 plan year.

$22M
total plan assets (2022 EOY)
479
covered participants
$46,637
avg assets per participant
-48.0%
assets change YoY

The plan reported a net loss of $6M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$22M
Participants
479
State
Industry
Construction

What the Filing Says About Moores Electrical & Mechanical Construction, Inc. 401(k) Plan

Moores Electrical & Mechanical Construction, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Moores Electrical & Mechanical Construction, Inc., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 479 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 541598347, and the plan has been effective since 1994-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $43M at the beginning of 2022 to $22M at year-end — a decline of 48.0%. Net assets (after liabilities) closed the year at $22M, with reported net income of $-5,509,317 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$43M
Total Assets (End of Year)$22M
Net Assets (End of Year)$22M
Net Income$-5,509,317
Plan Type401(k)
Employer EIN541598347
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Moores Electrical & Mechanical Construction, Inc.)

Year Plans Participants Total Assets
2022 2 960 $37M
2023 2 1,051 $42M
2024 2 1,098 $49M

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Frequently Asked Questions

How much money is in the Moores Electrical & Mechanical Construction, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Moores Electrical & Mechanical Construction, Inc. 401(k) Plan holds $22M in total assets with 479 participants. It is sponsored by Moores Electrical & Mechanical Construction, Inc..
What type of plan is Moores Electrical & Mechanical Construction, Inc. 401(k) Plan?
Moores Electrical & Mechanical Construction, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1994-01-01. The plan is filed with the U.S. Department of Labor under EIN 541598347.
Who sponsors the Moores Electrical & Mechanical Construction, Inc. 401(k) Plan?
Moores Electrical & Mechanical Construction, Inc. 401(k) Plan is sponsored by Moores Electrical & Mechanical Construction, Inc., located in Virginia. The sponsor's EIN is 541598347 and the plan operates in the Construction industry.
How did Moores Electrical & Mechanical Construction, Inc. 401(k) Plan perform in 2022?
Moores Electrical & Mechanical Construction, Inc. 401(k) Plan declined by 48.0% during 2022, moving from $43M to $22M in total assets. Net income was $-5,509,317.
Where can I find official filings for Moores Electrical & Mechanical Construction, Inc. 401(k) Plan?
Official Form 5500 filings for Moores Electrical & Mechanical Construction, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541598347 or plan name at efast.dol.gov.
How does Moores Electrical & Mechanical Construction, Inc. 401(k) Plan compare to other plans?
You can compare Moores Electrical & Mechanical Construction, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 541598347.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.