401(k) · DOL Form 5500 · 2022

New River Electrical Corporation 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
118
Participants Small participant base
71st
Percentile by assets National rank
$117,192
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: New River Electrical Corporation Retirement Savings Plan · Sponsored by New River Electrical Corporation · Virginia · Construction

$14M in assets, 118 participants

New River Electrical Corporation's New River Electrical Corporation Retirement Savings Plan reported $14M in total assets and 118 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #7,028 in Construction (9,927 peers)

Coverage in Virginia

New River Electrical Corporation Retirement Savings Plan covers 118 participants in Virginia, about 15% of the average Virginia filer (state average ~782 per filing). Assets: $14M.

#7,028
in Construction (9,927 peers)
-5.1%
assets change YoY

The plan reported a net loss of $752K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

New River Electrical Corporation Retirement Savings Plan's outsized position by total assets

New River Electrical Corporation Retirement Savings Plan vs every filed plan by assets

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

$13,828,617 Top 29% higher than 71% 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

New River Electrical Corporation Retirement Savings 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. New River Electrical Corporation Retirement Savings Plan sits mid-pack in the medium band (118 participants).

DOL schedule card

Filing strip 540562496 · New River Electrical Corporation PY 2022 · 401(k)

New River Electrical Corporation Retirement Savings Plan · $14M · 118 · 71st

  • 5500 $14M
  • 5500 118
  • 5500 71st
  • 5500 401(k)
  • 5500 near American Reading Company 401(k) Retirement Plan
  • 5500 ind #7028

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 Virginia →

New River Electrical Corporation Retirement Savings Plan in the asset neighbourhood

New River Electrical Corporation Retirement Savings PlanNew River Electrical Corpora…$14MAmerican Reading Company 401(k) Retirement PlanAmerican Reading Company 401…$14MSunwest Bank 401(k) Profit Sharing PlanSunwest Bank 401(k) Profit S…$14MParadise Tomato Kitchens, Inc. 401(k) Profit Sharing PlanParadise Tomato Kitchens, In…$14MBuffalo Hearing & Speech Center, Inc. 401(k) PlanBuffalo Hearing & Speech Cen…$14M
End-of-year total assets ($M) among New River Electrical Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$14M
Net Income-$752K
Employer EIN540562496
Plan Effective Date1993-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New River Electrical Corporation)

Sponsor-wide plan assets over time

All New River Electrical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$398M 32.11984823874877% vs 2022
2024 filing year
$250M$300M$350M$400M$450M 202220232024 $301M $398M ▲ +32.1%
Year Plans Participants Total Assets
2022 2 542 $301M
2023 2 569 $338M
2024 2 586 $398M

Nearby 401(k) Plans in Virginia

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

New River Electrical Corporation Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants New River Electrical Corporation Retirement Savings Plan, Total assets ($B): 0.013828617 · Participants: 118New River Electrical Corporation Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
New River Electrical Corporation Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare New River Electrical Corporation Retirement Savings Plan side-by-side with 3 peers →

New River Electrical Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is American Reading Company 401(k) Retirement Plan in PA ($14M); by covered participants it is Lumbee Tribe Enterprises, LLC 401(k) Plan in NC (118 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (118 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 New River Electrical Corporation Retirement Savings Plan assets move in 2022? ▼
New River Electrical Corporation Retirement Savings Plan pulled back noticeably - down 5.1% during 2022, from $15M to $14M. Reported net income was -$752K.
How have New River Electrical Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New River Electrical Corporation's sponsor-wide assets grew 32.1%, from $301M to $398M.
Which 401(k) plans are similar in size to New River Electrical Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Reading Company 401(k) Retirement Plan in PA ($14M, 296 participants).
Which 401(k) plans cover a similar participant headcount to New River Electrical Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lumbee Tribe Enterprises, LLC 401(k) Plan in NC (118 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 540562496.

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.