401(k) · DOL Form 5500 · 2022

Electro Switch Corp. 401(k) Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
342
Participants Below avg headcount
90th
Percentile by assets National rank
$189,283
Avg per participant Above avg balance/head
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Official DOL plan name: The Electro Switch Corp. 401(k) Profit Sharing Plan · Sponsored by Electro Switch Corp. · Massachusetts · Manufacturing

$65M in assets, 342 participants

Electro Switch Corp.'s The Electro Switch Corp. 401(k) Profit Sharing Plan reported $65M in total assets and 342 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #17,542 in Manufacturing (20,602 peers)

Where The Electro Switch Corp. 401(k) Profit Sharing Plan sits by assets

The Electro Switch Corp. 401(k) Profit Sharing Plan sits in the top 10% of all filed plans by assets, $65M for 342 participants (~$189,283/participant), down 10.1% in 2022.

#17,542
in Manufacturing (20,602 peers)
-10.1%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Electro Switch Corp. 401(k) Profit Sharing Plan's outsized position by total assets

The Electro Switch Corp. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$64,734,668 Top 10% higher than 90% 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

The Electro Switch Corp. 401(k) Profit Sharing 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. The Electro Switch Corp. 401(k) Profit Sharing Plan sits mid-pack in the medium band (342 participants).

Plan-year Form 5500 strip

Filing strip 042037902 · Electro Switch Corp. PY 2022 · 401(k)

The Electro Switch Corp. 401(k) Profit Sharing Plan · $65M · 342 · 90th

  • NET $65M
  • BOOK 342
  • VS-ST 90th
  • BOY 401(k)
  • SCH near Fairbanks Morse Retirement Savings Plan
  • EBSA ind #17542

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 Manufacturing retirement plans → · Plans in Massachusetts →

The Electro Switch Corp. 401(k) Profit Sharing Plan in the asset neighbourhood

Burr Oak Tool Inc Employees' Profit Sharing PlanBurr Oak Tool Inc Employees'…$65MQuality Bicycle Products, Inc. 401(k) PlanQuality Bicycle Products, In…$65MThe Electro Switch Corp. 401(k) Profit Sharing PlanThe Electro Switch Corp. 401…$65MFairbanks Morse Retirement Savings PlanFairbanks Morse Retirement S…$65MHi-Lex Employees Retirement Savings PlanHi-Lex Employees Retirement …$65M
End-of-year total assets ($M) among The Electro Switch Corp. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$65M
Net Income-$7M
Employer EIN042037902
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Electro Switch Corp.)

Sponsor-wide plan assets over time

All Electro Switch Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$63M 2.2635630107811786% vs 2022
2024 filing year
$60M$65M$70M$75M 202220232024 $64.7M $63.3M ▼ -2.3%
Year Plans Participants Total Assets
2022 1 342 $65M
2023 1 350 $71M
2024 1 361 $63M

Nearby 401(k) Plans in Massachusetts

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

The Electro Switch Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants The Electro Switch Corp. 401(k) Profit Sharing Plan, Total assets ($B): 0.064734668 · Participants: 342The Electro Switch Corp. 401(k) Profit Sharing 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
The Electro Switch Corp. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare The Electro Switch Corp. 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Electro Switch Corp. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Fairbanks Morse Retirement Savings Plan in WI ($65M); by covered participants it is Culinaire 401(k) Plan in TX (342 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (342 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 The Electro Switch Corp. 401(k) Profit Sharing Plan assets move in 2022? ▼
The Electro Switch Corp. 401(k) Profit Sharing Plan pulled back noticeably - down 10.1% during 2022, from $72M to $65M. Reported net income was -$7M.
How have Electro Switch Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Electro Switch Corp.'s sponsor-wide assets declined 2.3%, from $65M to $63M.
Where does The Electro Switch Corp. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
The Electro Switch Corp. 401(k) Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Electro Switch Corp. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fairbanks Morse Retirement Savings Plan in WI ($65M, 817 participants).
Which 401(k) plans cover a similar participant headcount to The Electro Switch Corp. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Culinaire 401(k) Plan in TX (342 participants, $8M 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 042037902.

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.