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

Schneider Electric USA, Inc. Coordinated Bargaining Ersp

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

Sponsored by Schneider Electric USA, Inc. · Illinois · Manufacturing

What the 2023 filing shows

Schneider Electric USA, Inc. Coordinated Bargaining Ersp holds $58M for 1,273 participants — about $45,934 per participant, down 21.5% over the 2022 plan year.

$58M
total plan assets (2022 EOY)
1,273
covered participants
$45,934
avg assets per participant
-21.5%
assets change YoY

The plan reported a net loss of $16M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$58M
Participants
1,273
State
Industry
Manufacturing

What the Filing Says About Schneider Electric USA, Inc. Coordinated Bargaining Ersp

Schneider Electric USA, Inc. Coordinated Bargaining Ersp is a 401(k) retirement plan sponsored by Schneider Electric USA, Inc., headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $58M in total end-of-year assets and covers 1,273 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 362440683, and the plan has been effective since 2000-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $75M at the beginning of 2022 to $58M at year-end — a decline of 21.5%. Net assets (after liabilities) closed the year at $58M, with reported net income of $-15,944,874 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)$75M
Total Assets (End of Year)$58M
Net Assets (End of Year)$58M
Net Income$-15,944,874
Plan Type401(k)
Employer EIN362440683
Plan Effective Date2000-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schneider Electric USA, Inc.)

Year Plans Participants Total Assets
2022 1 1,273 $58M
2023 1 1,347 $66M
2024 1 1,240 $72M

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Frequently Asked Questions

How much money is in the Schneider Electric USA, Inc. Coordinated Bargaining Ersp?
As of the 2022 Form 5500 filing, Schneider Electric USA, Inc. Coordinated Bargaining Ersp holds $58M in total assets with 1,273 participants. It is sponsored by Schneider Electric USA, Inc..
What type of plan is Schneider Electric USA, Inc. Coordinated Bargaining Ersp?
Schneider Electric USA, Inc. Coordinated Bargaining Ersp is a 401(k) plan. It has been effective since 2000-04-01. The plan is filed with the U.S. Department of Labor under EIN 362440683.
Who sponsors the Schneider Electric USA, Inc. Coordinated Bargaining Ersp?
Schneider Electric USA, Inc. Coordinated Bargaining Ersp is sponsored by Schneider Electric USA, Inc., located in Illinois. The sponsor's EIN is 362440683 and the plan operates in the Manufacturing industry.
How did Schneider Electric USA, Inc. Coordinated Bargaining Ersp perform in 2022?
Schneider Electric USA, Inc. Coordinated Bargaining Ersp declined by 21.5% during 2022, moving from $75M to $58M in total assets. Net income was $-15,944,874.
Where can I find official filings for Schneider Electric USA, Inc. Coordinated Bargaining Ersp?
Official Form 5500 filings for Schneider Electric USA, Inc. Coordinated Bargaining Ersp are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362440683 or plan name at efast.dol.gov.
How does Schneider Electric USA, Inc. Coordinated Bargaining Ersp compare to other plans?
You can compare Schneider Electric USA, Inc. Coordinated Bargaining Ersp against other 401(k) plans on the plan type page, or view plans in Illinois 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 362440683.

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.