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

Service Wire Company Employees' Retirement and Savings Program

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

Sponsored by Service Wire Company · West Virginia · Wholesale Trade

What the 2023 filing shows

Service Wire Company Employees' Retirement and Savings Program holds $27M for 388 participants — about $69,135 per participant, down 10.3% over the 2022 plan year.

$27M
total plan assets (2022 EOY)
388
covered participants
$69,135
avg assets per participant
-10.3%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$27M
Participants
388
Industry
Wholesale Trade

What the Filing Says About Service Wire Company Employees' Retirement and Savings Program

Service Wire Company Employees' Retirement and Savings Program is a 401(k) retirement plan sponsored by Service Wire Company, headquartered in West Virginia. As of the 2022 Form 5500 filing, the plan reports $27M in total end-of-year assets and covers 388 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 550491525, and the plan has been effective since 1976-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $30M at the beginning of 2022 to $27M at year-end — a decline of 10.3%. Net assets (after liabilities) closed the year at $27M, with reported net income of $-3,067,703 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)$30M
Total Assets (End of Year)$27M
Net Assets (End of Year)$27M
Net Income$-3,067,703
Plan Type401(k)
Employer EIN550491525
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Service Wire Company)

Year Plans Participants Total Assets
2022 1 388 $27M
2023 1 453 $33M
2024 1 492 $36M

Nearby 401(k) Plans in West Virginia

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

Frequently Asked Questions

How much money is in the Service Wire Company Employees' Retirement and Savings Program?
As of the 2022 Form 5500 filing, Service Wire Company Employees' Retirement and Savings Program holds $27M in total assets with 388 participants. It is sponsored by Service Wire Company.
What type of plan is Service Wire Company Employees' Retirement and Savings Program?
Service Wire Company Employees' Retirement and Savings Program is a 401(k) plan. It has been effective since 1976-06-01. The plan is filed with the U.S. Department of Labor under EIN 550491525.
Who sponsors the Service Wire Company Employees' Retirement and Savings Program?
Service Wire Company Employees' Retirement and Savings Program is sponsored by Service Wire Company, located in West Virginia. The sponsor's EIN is 550491525 and the plan operates in the Wholesale Trade industry.
How did Service Wire Company Employees' Retirement and Savings Program perform in 2022?
Service Wire Company Employees' Retirement and Savings Program declined by 10.3% during 2022, moving from $30M to $27M in total assets. Net income was $-3,067,703.
Where can I find official filings for Service Wire Company Employees' Retirement and Savings Program?
Official Form 5500 filings for Service Wire Company Employees' Retirement and Savings Program are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 550491525 or plan name at efast.dol.gov.
How does Service Wire Company Employees' Retirement and Savings Program compare to other plans?
You can compare Service Wire Company Employees' Retirement and Savings Program against other 401(k) plans on the plan type page, or view plans in West 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 550491525.

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.