401(k) · DOL Form 5500 · 2022

The Loeb Electric Company 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
282
Participants Below avg headcount
75th
Percentile by assets National rank
$60,963
Avg per participant Low balance/head
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Official DOL plan name: Loeb Electric Company 401(k) Profit Sharing Plan & Trust · Sponsored by The Loeb Electric Company · Ohio · Wholesale Trade

$17M in assets, 282 participants

The Loeb Electric Company's Loeb Electric Company 401(k) Profit Sharing Plan & Trust reported $17M in total assets and 282 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #4,895 in Wholesale Trade (6,843 peers)

Coverage in Ohio

Loeb Electric Company 401(k) Profit Sharing Plan & Trust covers 282 participants in Ohio, about 37% of the average Ohio filer (state average ~765 per filing). Assets: $17M.

#4,895
in Wholesale Trade (6,843 peers)
-27.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Loeb Electric Company 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Loeb Electric Company 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$17,191,596 Top 25% higher than 75% 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

Loeb Electric Company 401(k) Profit Sharing Plan & Trust 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. Loeb Electric Company 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (282 participants).

Form 5500 schedule snapshot

Filing strip 314236750 · The Loeb Electric Company PY 2022 · 401(k)

Loeb Electric Company 401(k) Profit Sharing Plan & Trust · $17M · 282 · 75th

  • BOOK $17M
  • BOOK 282
  • BOOK 75th
  • BOOK 401(k)
  • BOOK near Beams, LLC 401(k) Plan
  • BOOK ind #4895

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 Wholesale Trade retirement plans → · Plans in Ohio →

Loeb Electric Company 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Loeb Electric Company 401(k) Profit Sharing Plan & TrustLoeb Electric Company 401(k)…$17MBeams, LLC 401(k) Plan$17MCaterpillar Rail Division Retirement Savings Plan for Collectively Bargained EmployeesCaterpillar Rail Division Re…$17MKiel Center 401(k) Plan$17MMaster Lock Company Savings Plan for Hourly Paid Union Employees PlanMaster Lock Company Savings …$17M
End-of-year total assets ($M) among Loeb Electric Company 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$17M
Net Income-$6M
Employer EIN314236750
Plan Effective Date1957-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (The Loeb Electric Company)

Sponsor-wide plan assets over time

All The Loeb Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$23M 33.340685762973955% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.2M $22.9M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 282 $17M
2023 1 267 $20M
2024 1 307 $23M

Nearby 401(k) Plans in Ohio

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

Loeb Electric Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Loeb Electric Company 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.017191596 · Participants: 282Loeb Electric Company 401(k) Profit Sharing Plan & TrustThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Loeb Electric Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

Loeb Electric Company 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Beams, LLC 401(k) Plan in IA ($17M); by covered participants it is Magic Memories Employee Retirement Plan in CO (282 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (282 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 Loeb Electric Company 401(k) Profit Sharing Plan & Trust assets move in 2022?
Loeb Electric Company 401(k) Profit Sharing Plan & Trust declined sharply - down 27.2% during 2022, from $24M to $17M. Reported net income was -$6M.
How have The Loeb Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Loeb Electric Company's sponsor-wide assets grew 33.3%, from $17M to $23M.
Where does Loeb Electric Company 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Loeb Electric Company 401(k) Profit Sharing Plan & Trust ranks in the 75th 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 Loeb Electric Company 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Beams, LLC 401(k) Plan in IA ($17M, 370 participants).
Which 401(k) plans cover a similar participant headcount to Loeb Electric Company 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Magic Memories Employee Retirement Plan in CO (282 participants, $2M in assets).