401(k) · DOL Form 5500 · 2022

Spec Process Engineering & Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
33
Participants Small participant base
58th
Percentile by assets National rank
$217,122
Avg per participant Above avg balance/head
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Official DOL plan name: Spec 401(k) Plan · Sponsored by Spec Process Engineering & Construction, Inc. · Massachusetts · Professional & Technical Services

$7M in assets, 33 participants

Spec Process Engineering & Construction, Inc.'s Spec 401(k) Plan reported $7M in total assets and 33 participants in its 2022 DOL Form 5500 filing, ranking in the 58th 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.

  • #12,099 in Professional & Technical Services (21,562 peers)

2022 asset change

Spec 401(k) Plan declined sharply 20.9% in 2022 ($9M → $7M) for 33 participants.

#12,099
in Professional & Technical Services (21,562 peers)
-20.9%
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.

Spec 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Spec 401(k) Plan vs every filed plan by assets

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

$7,165,018 Top 42% higher than 58% 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

Spec 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spec 401(k) Plan is a small filing (33 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 043258366 · Spec Process Engineering & Construction, Inc. PY 2022 · 401(k)

Spec 401(k) Plan · $7M · 33 · 58th

  • PART $7M
  • TYPE 33
  • NET 58th
  • BOOK 401(k)
  • VS-ST near Walker Manufacturing Company 401(k) Plan
  • BOY ind #12099

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 Massachusetts →

Spec 401(k) Plan in the asset neighbourhood

Spec 401(k) Plan$7MConcrete Industries, Inc. and Related Companies Retirement PlanConcrete Industries, Inc. an…$7MMonoprice, Inc. 401(k) Retirement PlanMonoprice, Inc. 401(k) Retir…$7MWalker Manufacturing Company 401(k) PlanWalker Manufacturing Company…$7MAffiliated Monitoring, Inc. 401(k) PlanAffiliated Monitoring, Inc. …$7M
End-of-year total assets ($M) among Spec 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Spec Process Engineering & Construction, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Spec Process Engineering & Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 7.150535392723525% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $10.2M $10.9M ▲ +7.2%
Year Plans Participants Total Assets
2022 2 56 $10M
2023 2 74 $12M
2024 2 77 $11M

2022 asset-move particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$7M
Net Income-$2M
Employer EIN043258366
Plan Effective Date1998-12-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Spec 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Spec 401(k) Plan, Total assets ($B): 0.007165018 · Participants: 33Spec 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Spec 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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

Outside Massachusetts, the nearest 401(k) by assets is Walker Manufacturing Company 401(k) Plan in CO ($7M); by covered participants it is Scout Media Holdings, Inc. Retirement Savings Plan in NY (33 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (33 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 Spec 401(k) Plan assets move in 2022?
Spec 401(k) Plan declined sharply - down 20.9% during 2022, from $9M to $7M. Reported net income was -$2M.
How have Spec Process Engineering & Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Spec Process Engineering & Construction, Inc.'s sponsor-wide assets grew 7.2%, from $10M to $11M.
Which 401(k) plans are similar in size to Spec 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Walker Manufacturing Company 401(k) Plan in CO ($7M, 211 participants).
Which 401(k) plans cover a similar participant headcount to Spec 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Scout Media Holdings, Inc. Retirement Savings Plan in NY (33 participants, $57K in assets).