401(k) · DOL Form 5500 · 2022

United Electric Controls Company 401(k) Plan

Data updated 2026-08-11

$44M
Total assets
218
Participants
87th
Percentile by assets
$202,636
Avg per participant
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Official DOL plan name: United Electric Controls 401(k) Plan · Sponsored by United Electric Controls Company · Massachusetts · Manufacturing

$44M in assets, 218 participants

United Electric Controls Company's United Electric Controls 401(k) Plan reported $44M in total assets and 218 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 139,126 plans)
  • #16,660 in Manufacturing (20,602 peers)

Coverage in Massachusetts

United Electric Controls 401(k) Plan covers 218 participants in Massachusetts, about 33% of the average Massachusetts filer (state average ~659 per filing). Assets: $44M.

$44M
total plan assets (2022 EOY)
218
covered participants
87th
percentile by assets (of 139,126 plans)
$202,636
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where United Electric Controls 401(k) Plan sits by total assets

United Electric Controls 401(k) Plan vs every filed plan by assets

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

$44,174,603 Top 13% higher than 87% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Massachusetts
Industry
Manufacturing

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. United Electric Controls 401(k) Plan reports 218 participants - about 33% of that state average ($44M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$44M
Net Income-$9M
Employer EIN041923170
Plan Effective Date1952-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Electric Controls Company)

$40M$45M$50M$55M$60M 202220232024 $44.2M $55.6M ▲ +25.8%
Total plan assets by year, all United Electric Controls Company plans on file
Year Plans Participants Total Assets
2022 1 218 $44M
2023 1 239 $49M
2024 1 234 $56M

Nearby 401(k) Plans in Massachusetts

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

United Electric Controls 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants United Electric Cont…, Total assets ($B): 0.044174603 · Participants: 218United Electric Cont…Fidelity Retirement …, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Instit…Philips North Americ…, Total assets ($B): 5.180251859 · Participants: 19750Philips North Americ…Boston Scientific Co…, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Co…
United Electric Controls 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare United Electric Controls 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to United Electric Controls 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did United Electric Controls 401(k) Plan assets move in 2022? ▼
United Electric Controls 401(k) Plan declined sharply - down 16.3% during 2022, from $53M to $44M. Reported net income was -$9M.
How have United Electric Controls Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Electric Controls Company's sponsor-wide assets grew 25.8%, from $44M to $56M.
Where does United Electric Controls 401(k) Plan rank by assets among Form 5500 filers? ▼
United Electric Controls 401(k) Plan ranks in the 87th 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 United Electric Controls 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is IBEW Local Union No. 60 401(k) Plan in TX ($44M, 2,615 participants).

Next read for United Electric Controls 401(k) Plan

Filing takeaways

Ways to act on United Electric Controls 401(k) Plan's numbers.

  • By total assets, United Electric Controls 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • United Electric Controls Company's sponsor-wide assets have grown 25.8% since 2022 across 3 plan years on file. More Manufacturing plans

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 041923170.

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.