401(k) · DOL Form 5500 · 2022

L. E. Ballance Electrical Service, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
74
Participants Small participant base
68th
Percentile by assets National rank
$157,820
Avg per participant Above avg balance/head
PlainRetire home → About this data

Official DOL plan name: L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan · Sponsored by L. E. Ballance Electrical Service, Inc. · Virginia · Construction

$12M in assets, 74 participants

L. E. Ballance Electrical Service, Inc.'s L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan reported $12M in total assets and 74 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #6,717 in Construction (9,927 peers)

2022 asset change

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan grew sharply 15.7% in 2022 ($10M → $12M) for 74 participants.

#6,717
in Construction (9,927 peers)
+15.7%
assets growth YoY

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,678,670 Top 32% higher than 68% 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

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan is a small filing (74 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 540943108 · L. E. Ballance Electrical Service, Inc. PY 2022 · 401(k)

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan · $12M · 74 · 68th

  • SCH $12M
  • EBSA 74
  • PART 68th
  • TYPE 401(k)
  • NET near Arnold & Itkin 401(k) Retirement Plan
  • BOOK ind #6717

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 →

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing PlanL. E. Ballance Electrical Se…$12MArnold & Itkin 401(k) Retirement PlanArnold & Itkin 401(k) Retire…$12MScience History Institute 403(b) PlanScience History Institute 40…$12MGotham Operations, LLC 401(k) Profit Sharing PlanGotham Operations, LLC 401(k…$12MLakeside Nephrology, Ltd. Employees' Profit Sharing and Savings Plan & TrustLakeside Nephrology, Ltd. Em…$12M
End-of-year total assets ($M) among L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN540943108
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.01167867 · Participants: 74L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing 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
L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Arnold & Itkin 401(k) Retirement Plan in TX ($12M); by covered participants it is Perkins Motor Plex LLC Safe Harbor 401(k) Plan in KY (74 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (74 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 L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan assets move in 2022?
L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan grew sharply - up 15.7% during 2022, from $10M to $12M. Reported net income was $2M.
Which 401(k) plans are similar in size to L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Arnold & Itkin 401(k) Retirement Plan in TX ($12M, 114 participants).
Which 401(k) plans cover a similar participant headcount to L. E. Ballance Electrical Service, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Perkins Motor Plex LLC Safe Harbor 401(k) Plan in KY (74 participants, $3M in assets).