401(k) · DOL Form 5500 · 2022

Patrick Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
377
Participants Below avg headcount
84th
Percentile by assets National rank
$91,597
Avg per participant Below avg balance/head
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Official DOL plan name: Patrick Employee 401(k) Plan · Sponsored by Patrick Engineering, Inc. · Illinois · Professional & Technical Services

$35M in assets, 377 participants

Patrick Engineering, Inc.'s Patrick Employee 401(k) Plan reported $35M in total assets and 377 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #18,371 in Professional & Technical Services (21,562 peers)

Coverage in Illinois

Patrick Employee 401(k) Plan covers 377 participants in Illinois, about 48% of the average Illinois filer (state average ~779 per filing). Assets: $35M.

#18,371
in Professional & Technical Services (21,562 peers)
-13.6%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Patrick Employee 401(k) Plan's outsized position by total assets

Patrick Employee 401(k) Plan vs every filed plan by assets

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

$34,532,138 Top 16% higher than 84% 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

Patrick Employee 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. Patrick Employee 401(k) Plan sits mid-pack in the medium band (377 participants).

Published 5500 schedule card

Filing strip 363008281 · Patrick Engineering, Inc. PY 2022 · 401(k)

Patrick Employee 401(k) Plan · $35M · 377 · 84th

  • EBSA $35M
  • EBSA 377
  • EBSA 84th
  • EBSA 401(k)
  • EBSA near New England Sports Network 401(k) Employees Retirement Plan
  • EBSA ind #18371

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Patrick Employee 401(k) Plan in the asset neighbourhood

Retirement Path Pooled Employer PlanRetirement Path Pooled Emplo…$35MHirsch Pipe & Supply Company Profit Sharing & 401(k) PlanHirsch Pipe & Supply Company…$35MPatrick Employee 401(k) Plan$35MNew England Sports Network 401(k) Employees Retirement PlanNew England Sports Network 4…$35MWomen's Care, P.C. Section 401(k) Profit Sharing PlanWomen's Care, P.C. Section 4…$35M
End-of-year total assets ($M) among Patrick Employee 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$35M
Net Income-$5M
Employer EIN363008281
Plan Effective Date1986-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Patrick Engineering, Inc.)

Sponsor-wide plan assets over time

All Patrick Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 18.271234755287956% vs 2022
2024 filing year
$32M$34M$36M$38M$40M$42M 202220232024 $34.5M $40.8M ▲ +18.3%
Year Plans Participants Total Assets
2022 1 377 $35M
2023 1 349 $38M
2024 1 320 $41M

Nearby 401(k) Plans in Illinois

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

Patrick Employee 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Patrick Employee 401(k) Plan, Total assets ($B): 0.034532138 · Participants: 377Patrick Employee 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Patrick Employee 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Patrick Employee 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is New England Sports Network 401(k) Employees Retirement Plan in MA ($35M); by covered participants it is Jim Lupient Companies Employee Savings Plan in MN (377 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (377 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 Patrick Employee 401(k) Plan assets move in 2022?
Patrick Employee 401(k) Plan pulled back noticeably - down 13.6% during 2022, from $40M to $35M. Reported net income was -$5M.
How have Patrick Engineering, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Patrick Engineering, Inc.'s sponsor-wide assets grew 18.3%, from $35M to $41M.
Where does Patrick Employee 401(k) Plan rank by assets among Form 5500 filers?
Patrick Employee 401(k) Plan ranks in the 84th 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 Patrick Employee 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is New England Sports Network 401(k) Employees Retirement Plan in MA ($35M, 186 participants).
Which 401(k) plans cover a similar participant headcount to Patrick Employee 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Jim Lupient Companies Employee Savings Plan in MN (377 participants, $16M in assets).