401(k) · DOL Form 5500 · 2022
Florence Electric, LLC 401(k) Plan
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 177
- Participants Small participant base
- 68th
- Percentile by assets National rank
- $66,589
- Avg per participant Below avg balance/head
Official DOL plan name: Kaydon Employee Earnings Plan · Sponsored by Florence Electric, LLC · Massachusetts · Construction
$12M in assets, 177 participants
Florence Electric, LLC's Kaydon Employee Earnings Plan reported $12M in total assets and 177 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.
- #6,738 in Construction (9,927 peers)
Coverage in Massachusetts
Kaydon Employee Earnings Plan covers 177 participants in Massachusetts, about 27% of the average Massachusetts filer (state average ~659 per filing). Assets: $12M.
- #6,738
- in Construction (9,927 peers)
- -17.1%
- 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.
Kaydon Employee Earnings Plan's outsized position by total assets
Kaydon Employee Earnings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$11,786,323 Top 32% higher than 68% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Kaydon Employee Earnings 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. Kaydon Employee Earnings Plan sits mid-pack in the medium band (177 participants).
EBSA filing schedule strip
Filing strip 201831202 · Florence Electric, LLC PY 2022 · 401(k)
Kaydon Employee Earnings Plan · $12M · 177 · 68th
- RANK $12M
- RANK 177
- RANK 68th
- RANK 401(k)
- RANK near Cass Arrieta 401(k) Plan
- RANK ind #6738
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 Massachusetts →
Kaydon Employee Earnings Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $12M |
| Net Income | -$2M |
| Employer EIN | 201831202 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Florence Electric, LLC)
Sponsor-wide plan assets over time
All Florence Electric, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 34.95909623382967% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 177 | $12M |
| 2023 | 1 | 172 | $15M |
| 2024 | 1 | 190 | $16M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $23.0B · 52,036
- Liberty Mutual 401(k) Plan $8.8B · 32,843
- Massachusetts Institute of Technology Supplemental 401(k) Plan $5.8B · 13,690
- Philips North America 401(k) Plan $5.2B · 19,750
- Boston Scientific Corporation 401(k) Retirement Savings Plan $4.9B · 18,359
Kaydon Employee Earnings Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Cass Arrieta 401(k) Plan in CA ($12M); by covered participants it is Benchmark Landscape, Inc. 401(k) Profit Sharing Plan in CA (177 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
- Cass Arrieta 401(k) Plan (CA) $12M · 162
- Cuisine Solutions, Inc. 401(k) Plan (VA) $12M · 525
- Exterro, Inc. 401(k) Plan (OR) $12M · 200
- Renaissance Life & Health Insurance Company of America 401(k) Plan (IN) $12M · 327
Similar participant headcount
Nearest other-state filings by covered participants (177 participants); asset peers above are excluded.
- Benchmark Landscape, Inc. 401(k) Profit Sharing Plan (CA) 177 · 0 off
- Plumas Bank 401(k) Profit Sharing Plan (CA) 177 · 0 off
- Deseret-Blue Mountain 401(k) Plan (UT) 177 · 0 off
- Mike Erdman Motors 401(k) Savings Plan (FL) 177 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.