401(k) · DOL Form 5500 · 2022

Nardone Electrical Corporation 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
102
Participants Small participant base
51st
Percentile by assets National rank
$49,608
Avg per participant Low balance/head
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Official DOL plan name: Nardone Electrical Corporation 401(k) Plan · Sponsored by Nardone Electrical Corporation · Massachusetts · Construction

$5M in assets, 102 participants

Nardone Electrical Corporation's Nardone Electrical Corporation 401(k) Plan reported $5M in total assets and 102 participants in its 2022 DOL Form 5500 filing, ranking in the 51st 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.

  • #4,951 in Construction (9,927 peers)

Coverage in Massachusetts

Nardone Electrical Corporation 401(k) Plan covers 102 participants in Massachusetts, about 15% of the average Massachusetts filer (state average ~659 per filing). Assets: $5M.

#4,951
in Construction (9,927 peers)
-13.0%
assets change YoY

The plan reported a net loss of $754K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nardone Electrical Corporation 401(k) Plan's mid-pack asset rank among Construction and all filers

Nardone Electrical Corporation 401(k) Plan vs every filed plan by assets

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

$5,060,058 Top 49% higher than 51% 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

Nardone Electrical Corporation 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. Nardone Electrical Corporation 401(k) Plan sits mid-pack in the medium band (102 participants).

Published 5500 schedule card

Filing strip 042951662 · Nardone Electrical Corporation PY 2022 · 401(k)

Nardone Electrical Corporation 401(k) Plan · $5M · 102 · 51st

  • EOY $5M
  • EOY 102
  • EOY 51st
  • EOY 401(k)
  • EOY near Alday,Wright & Giles, P.C. Retirement Savings Plan
  • EOY ind #4951

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 Construction retirement plans → · Plans in Massachusetts →

Nardone Electrical Corporation 401(k) Plan in the asset neighbourhood

Nardone Electrical Corporation 401(k) PlanNardone Electrical Corporati…$5MAlday,Wright & Giles, P.C. Retirement Savings PlanAlday,Wright & Giles, P.C. R…$5MZantech It Services, Inc. 401(k) PlanZantech It Services, Inc. 40…$5MFrontstream Holdings LLC 401(k) Profit Sharing Plan & TrustFrontstream Holdings LLC 401…$5MPolly's Food Service & Affiliates Employees' Retirement PlanPolly's Food Service & Affil…$5M
End-of-year total assets ($M) among Nardone Electrical Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$754K
Employer EIN042951662
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nardone Electrical Corporation)

Sponsor-wide plan assets over time

All Nardone Electrical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$7M 40.9800638648806% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $5.06M $7.13M ▲ +40.9%
Year Plans Participants Total Assets
2022 1 102 $5M
2023 1 119 $6M
2024 1 139 $7M

Nearby 401(k) Plans in Massachusetts

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

Nardone Electrical Corporation 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Nardone Electrical Corporation 401(k) Plan, Total assets ($B): 0.005060058 · Participants: 102Nardone Electrical Corporation 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
Nardone Electrical Corporation 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Nardone Electrical Corporation 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Alday,Wright & Giles, P.C. Retirement Savings Plan in GA ($5M); by covered participants it is First Choice Bank 401(k) Profit Sharing Plan in CA (102 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (102 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 Nardone Electrical Corporation 401(k) Plan assets move in 2022? ▼
Nardone Electrical Corporation 401(k) Plan pulled back noticeably - down 13.0% during 2022, from $6M to $5M. Reported net income was -$754K.
How have Nardone Electrical Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nardone Electrical Corporation's sponsor-wide assets grew 41.0%, from $5M to $7M.
Which 401(k) plans are similar in size to Nardone Electrical Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Alday,Wright & Giles, P.C. Retirement Savings Plan in GA ($5M, 11 participants).
Which 401(k) plans cover a similar participant headcount to Nardone Electrical Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First Choice Bank 401(k) Profit Sharing Plan in CA (102 participants, N/A in assets).

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 042951662.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.