401(k) · DOL Form 5500 · 2022

Spartan Electric Co., Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
92
Participants Small participant base
54th
Percentile by assets National rank
$65,196
Avg per participant Low balance/head
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Official DOL plan name: Spartan Electric Profit Sharing Plan & Trust · Sponsored by Spartan Electric Co., Inc. · Maryland · Construction

$6M in assets, 92 participants

Spartan Electric Co., Inc.'s Spartan Electric Profit Sharing Plan & Trust reported $6M in total assets and 92 participants in its 2022 DOL Form 5500 filing, ranking in the 54th 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.

  • #5,346 in Construction (9,927 peers)

Spartan Electric Co., Inc. multi-year trail

Spartan Electric Co., Inc.'s plans moved +41.7% in assets from 2022 to 2024; this filing shows Spartan Electric Profit Sharing Plan & Trust at $6M / 92 participants.

#5,346
in Construction (9,927 peers)
-12.9%
assets change YoY

The plan reported a net loss of $885K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spartan Electric Profit Sharing Plan & Trust's mid-pack asset rank among Construction and all filers

Spartan Electric Profit Sharing Plan & Trust vs every filed plan by assets

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

$5,998,058 Top 46% higher than 54% 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

Spartan Electric Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spartan Electric Profit Sharing Plan & Trust is a small filing (92 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 521056251 · Spartan Electric Co., Inc. PY 2022 · 401(k)

Spartan Electric Profit Sharing Plan & Trust · $6M · 92 · 54th

  • EBSA $6M
  • EBSA 92
  • EBSA 54th
  • EBSA 401(k)
  • EBSA near Aurgroup Financial Credit Union 401(k) Plan
  • EBSA ind #5346

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 Maryland →

Spartan Electric Profit Sharing Plan & Trust in the asset neighbourhood

Spartan Electric Profit Sharing Plan & TrustSpartan Electric Profit Shar…$6MAurgroup Financial Credit Union 401(k) PlanAurgroup Financial Credit Un…$6MHayward Quartz Technology Inc 401(k) Profit Sharing Plan & TrustHayward Quartz Technology In…$6MGrand Traditions 401(k) Plan$6MTalley, LLP Retirement Savings PlanTalley, LLP Retirement Savin…$6M
End-of-year total assets ($M) among Spartan Electric Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Spartan Electric Co., Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Spartan Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 41.68485866592154% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $6M $8.5M ▲ +41.7%
Year Plans Participants Total Assets
2022 1 92 $6M
2023 1 92 $7M
2024 1 113 $8M

Spartan Electric Co., Inc. filing trail (2022)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$885K
Employer EIN521056251
Plan Effective Date1987-12-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

Spartan Electric Profit Sharing Plan & Trust vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Spartan Electric Profit Sharing Plan & Trust, Total assets ($B): 0.005998058 · Participants: 92Spartan Electric Profit Sharing Plan & TrustLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Spartan Electric Profit Sharing Plan & Trust vs. nearby 401(k) plans in Maryland, assets vs. participants

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

Outside Maryland, the nearest 401(k) by assets is Aurgroup Financial Credit Union 401(k) Plan in OH ($6M); by covered participants it is Republic Companies 401(k) Retirement Plan in IA (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 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 Spartan Electric Profit Sharing Plan & Trust assets move in 2022?
Spartan Electric Profit Sharing Plan & Trust pulled back noticeably - down 12.9% during 2022, from $7M to $6M. Reported net income was -$885K.
How have Spartan Electric Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Spartan Electric Co., Inc.'s sponsor-wide assets grew 41.7%, from $6M to $8M.
Which 401(k) plans are similar in size to Spartan Electric Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Aurgroup Financial Credit Union 401(k) Plan in OH ($6M, 57 participants).
Which 401(k) plans cover a similar participant headcount to Spartan Electric Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Republic Companies 401(k) Retirement Plan in IA (92 participants, $11M in assets).