401(k) · DOL Form 5500 · 2022

Powercon Corporation 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
386
Participants Below avg headcount
84th
Percentile by assets National rank
$86,760
Avg per participant Below avg balance/head
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Official DOL plan name: Powercon Corporation 401(k) Retirement Plan · Sponsored by Powercon Corporation · Maryland · Manufacturing

$33M in assets, 386 participants

Powercon Corporation's Powercon Corporation 401(k) Retirement Plan reported $33M in total assets and 386 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #15,906 in Manufacturing (20,602 peers)

Coverage in Maryland

Powercon Corporation 401(k) Retirement Plan covers 386 participants in Maryland, about 42% of the average Maryland filer (state average ~929 per filing). Assets: $33M.

#15,906
in Manufacturing (20,602 peers)
-22.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Powercon Corporation 401(k) Retirement Plan's outsized position by total assets

Powercon Corporation 401(k) Retirement Plan vs every filed plan by assets

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

$33,489,537 Top 16% higher than 84% 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

Powercon Corporation 401(k) Retirement 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. Powercon Corporation 401(k) Retirement Plan sits mid-pack in the medium band (386 participants).

DOL schedule card

Filing strip 520709642 · Powercon Corporation PY 2022 · 401(k)

Powercon Corporation 401(k) Retirement Plan · $33M · 386 · 84th

  • EBSA $33M
  • PART 386
  • TYPE 84th
  • NET 401(k)
  • BOOK near Planned Parenthood/Orange and San Bernardino Counties, Inc. Retirement Plan
  • VS-ST ind #15906

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 Maryland →

Powercon Corporation 401(k) Retirement Plan in the asset neighbourhood

Powercon Corporation 401(k) Retirement PlanPowercon Corporation 401(k) …$33MPlanned Parenthood/Orange and San Bernardino Counties, Inc. Retirement PlanPlanned Parenthood/Orange an…$33MSyntegon Technology Retirement Savings PlanSyntegon Technology Retireme…$33MIndiana Hemophilia & Thrombosis Center Inc. 401(k) Profit Sharing PlanIndiana Hemophilia & Thrombo…$33MFye 401(k) Savings Plan$33M
End-of-year total assets ($M) among Powercon Corporation 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$33M
Net Income-$10M
Employer EIN520709642
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Powercon Corporation)

Sponsor-wide plan assets over time

All Powercon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$45M 34.15616943285899% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.5M $44.9M ▲ +34.2%
Year Plans Participants Total Assets
2022 1 386 $33M
2023 1 367 $39M
2024 1 381 $45M

Nearby 401(k) Plans in Maryland

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

Powercon Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Powercon Corporation 401(k) Retirement Plan, Total assets ($B): 0.033489537 · Participants: 386Powercon Corporation 401(k) Retirement PlanLockheed 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
Powercon Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

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

Outside Maryland, the nearest 401(k) by assets is Planned Parenthood/Orange and San Bernardino Counties, Inc. Retirement Plan in CA ($33M); by covered participants it is Mbi, Inc 401(k) Plan in CT (386 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (386 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 Powercon Corporation 401(k) Retirement Plan assets move in 2022?
Powercon Corporation 401(k) Retirement Plan declined sharply - down 22.1% during 2022, from $43M to $33M. Reported net income was -$10M.
How have Powercon Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Powercon Corporation's sponsor-wide assets grew 34.2%, from $33M to $45M.
Where does Powercon Corporation 401(k) Retirement Plan rank by assets among Form 5500 filers?
Powercon Corporation 401(k) Retirement Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Powercon Corporation 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Planned Parenthood/Orange and San Bernardino Counties, Inc. Retirement Plan in CA ($33M, 451 participants).
Which 401(k) plans cover a similar participant headcount to Powercon Corporation 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Mbi, Inc 401(k) Plan in CT (386 participants, $51M in assets).