401(k) · DOL Form 5500 · 2022

Area Energy & Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
356
Participants Below avg headcount
82nd
Percentile by assets National rank
$81,264
Avg per participant Below avg balance/head
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Official DOL plan name: Area Energy & Electric, Inc. Profit Sharing Plan · Sponsored by Area Energy & Electric, Inc. · Ohio · Construction

$29M in assets, 356 participants

Area Energy & Electric, Inc.'s Area Energy & Electric, Inc. Profit Sharing Plan reported $29M in total assets and 356 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #8,081 in Construction (9,927 peers)

Coverage in Ohio

Area Energy & Electric, Inc. Profit Sharing Plan covers 356 participants in Ohio, about 47% of the average Ohio filer (state average ~765 per filing). Assets: $29M.

#8,081
in Construction (9,927 peers)
-1.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $556K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Area Energy & Electric, Inc. Profit Sharing Plan's outsized position by total assets

Area Energy & Electric, Inc. Profit Sharing Plan vs every filed plan by assets

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

$28,929,912 Top 18% higher than 82% 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

Area Energy & Electric, Inc. 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. Area Energy & Electric, Inc. Profit Sharing Plan sits mid-pack in the medium band (356 participants).

DOL schedule card

Filing strip 341403836 · Area Energy & Electric, Inc. PY 2022 · 401(k)

Area Energy & Electric, Inc. Profit Sharing Plan · $29M · 356 · 82nd

  • TYPE $29M
  • NET 356
  • BOOK 82nd
  • VS-ST 401(k)
  • BOY near Mccarthy - Bush Companies 401(k) Plan
  • SCH ind #8081

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 Ohio →

Area Energy & Electric, Inc. Profit Sharing Plan in the asset neighbourhood

Area Energy & Electric, Inc. Profit Sharing PlanArea Energy & Electric, Inc.…$29MMccarthy - Bush Companies 401(k) PlanMccarthy - Bush Companies 40…$29MUniversity of Virginia Community Credit Union, Inc. 401(k) Plan and TrustUniversity of Virginia Commu…$29MCoastal Community Bank 401(k) PlanCoastal Community Bank 401(k…$29MVerite Group, Inc. 401(k) Profit Sharing Plan and TrustVerite Group, Inc. 401(k) Pr…$29M
End-of-year total assets ($M) among Area Energy & Electric, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$29M
Net Income-$556K
Employer EIN341403836
Plan Effective Date1984-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Area Energy & Electric, Inc.)

Sponsor-wide plan assets over time

All Area Energy & Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 33.277664308138924% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.9M $38.6M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 356 $29M
2023 1 353 $34M
2024 1 365 $39M

Nearby 401(k) Plans in Ohio

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

Area Energy & Electric, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Area Energy & Electric, Inc. Profit Sharing Plan, Total assets ($B): 0.028929912 · Participants: 356Area Energy & Electric, Inc. Profit Sharing PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Area Energy & Electric, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Area Energy & Electric, Inc. Profit Sharing Plan side-by-side with 3 peers →

Area Energy & Electric, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Mccarthy - Bush Companies 401(k) Plan in IA ($29M); by covered participants it is Kulicke and Soffa Industries, Inc. Incentive Savings Plan in PA (356 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (356 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 Area Energy & Electric, Inc. Profit Sharing Plan assets move in 2022? ▼
Area Energy & Electric, Inc. Profit Sharing Plan edged down modestly - down 1.9% during 2022, from $29M to $29M. Reported net income was -$556K.
How have Area Energy & Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Area Energy & Electric, Inc.'s sponsor-wide assets grew 33.3%, from $29M to $39M.
Where does Area Energy & Electric, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Area Energy & Electric, Inc. Profit Sharing Plan ranks in the 82nd 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 Area Energy & Electric, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mccarthy - Bush Companies 401(k) Plan in IA ($29M, 157 participants).
Which 401(k) plans cover a similar participant headcount to Area Energy & Electric, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kulicke and Soffa Industries, Inc. Incentive Savings Plan in PA (356 participants, $136M 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 341403836.

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.