Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Suffolk Construction Company, Inc. 401(k) Retirement Plan

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

Sponsored by Suffolk Construction Company, Inc. · Massachusetts · Construction

What the 2023 filing shows

Suffolk Construction Company, Inc. 401(k) Retirement Plan holds $236M for 1,687 participants — about $139,646 per participant, down 15.9% over the 2022 plan year.

$236M
total plan assets (2022 EOY)
1,687
covered participants
$139,646
avg assets per participant
-15.9%
assets change YoY

The plan reported a net loss of $44M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$236M
Participants
1,687
Industry
Construction

What the Filing Says About Suffolk Construction Company, Inc. 401(k) Retirement Plan

Suffolk Construction Company, Inc. 401(k) Retirement Plan is a Profit Sharing retirement plan sponsored by Suffolk Construction Company, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $236M in total end-of-year assets and covers 1,687 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 042776356, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $280M at the beginning of 2022 to $236M at year-end — a decline of 15.9%. Net assets (after liabilities) closed the year at $236M, with reported net income of $-44,389,995 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)$280M
Total Assets (End of Year)$236M
Net Assets (End of Year)$236M
Net Income$-44,389,995
Plan TypeProfit Sharing
Employer EIN042776356
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Suffolk Construction Company, Inc.)

Year Plans Participants Total Assets
2022 1 1,687 $236M
2023 1 1,826 $280M
2024 1 1,935 $336M

Nearby Profit Sharing Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Suffolk Construction Company, Inc. 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, Suffolk Construction Company, Inc. 401(k) Retirement Plan holds $236M in total assets with 1,687 participants. It is sponsored by Suffolk Construction Company, Inc..
What type of plan is Suffolk Construction Company, Inc. 401(k) Retirement Plan?
Suffolk Construction Company, Inc. 401(k) Retirement Plan is a Profit Sharing plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 042776356.
Who sponsors the Suffolk Construction Company, Inc. 401(k) Retirement Plan?
Suffolk Construction Company, Inc. 401(k) Retirement Plan is sponsored by Suffolk Construction Company, Inc., located in Massachusetts. The sponsor's EIN is 042776356 and the plan operates in the Construction industry.
How did Suffolk Construction Company, Inc. 401(k) Retirement Plan perform in 2022?
Suffolk Construction Company, Inc. 401(k) Retirement Plan declined by 15.9% during 2022, moving from $280M to $236M in total assets. Net income was $-44,389,995.
Where can I find official filings for Suffolk Construction Company, Inc. 401(k) Retirement Plan?
Official Form 5500 filings for Suffolk Construction Company, Inc. 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042776356 or plan name at efast.dol.gov.
How does Suffolk Construction Company, Inc. 401(k) Retirement Plan compare to other plans?
You can compare Suffolk Construction Company, Inc. 401(k) Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts 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 042776356.

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.