401(k) · DOL Form 5500 · 2022

Asea, LLC 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
220
Participants Below avg headcount
59th
Percentile by assets National rank
$34,407
Avg per participant Low balance/head
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Official DOL plan name: Asea 401(k) Plan · Sponsored by Asea, LLC · Utah · Manufacturing

$8M in assets, 220 participants

Asea, LLC's Asea 401(k) Plan reported $8M in total assets and 220 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #9,263 in Manufacturing (20,602 peers)

Coverage in Utah

Asea 401(k) Plan covers 220 participants in Utah, about 37% of the average Utah filer (state average ~592 per filing). Assets: $8M.

#9,263
in Manufacturing (20,602 peers)
-7.3%
assets change YoY

The plan reported a net loss of $599K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Asea 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Asea 401(k) Plan vs every filed plan by assets

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

$7,569,637 Top 41% higher than 59% 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

Asea 401(k) 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. Asea 401(k) Plan sits mid-pack in the medium band (220 participants).

Form 5500 schedule snapshot

Filing strip 260871950 · Asea, LLC PY 2022 · 401(k)

Asea 401(k) Plan · $8M · 220 · 59th

  • PCT $8M
  • PCT 220
  • PCT 59th
  • PCT 401(k)
  • PCT near Cullman Internal Medicine 401(k) Plan
  • PCT ind #9263

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 Utah →

Asea 401(k) Plan in the asset neighbourhood

Asea 401(k) Plan$8MCullman Internal Medicine 401(k) PlanCullman Internal Medicine 40…$8MInsource Technologies, Inc. 401(k) Retirement PlanInsource Technologies, Inc. …$8MTri-National 401(k) Plan$8MParagon Technical, Inc. 401(k) PlanParagon Technical, Inc. 401(…$8M
End-of-year total assets ($M) among Asea 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income-$599K
Employer EIN260871950
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Asea, LLC)

Sponsor-wide plan assets over time

All Asea, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 50.610035857730026% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.57M $11.4M ▲ +50.6%
Year Plans Participants Total Assets
2022 1 220 $8M
2023 1 203 $9M
2024 1 212 $11M

Nearby 401(k) Plans in Utah

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

Asea 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Asea 401(k) Plan, Total assets ($B): 0.007569637 · Participants: 220Asea 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
Asea 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

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

Outside Utah, the nearest 401(k) by assets is Cullman Internal Medicine 401(k) Plan in AL ($8M); by covered participants it is Barley Snyder Savings Plan in PA (220 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (220 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 Asea 401(k) Plan assets move in 2022?
Asea 401(k) Plan pulled back noticeably - down 7.3% during 2022, from $8M to $8M. Reported net income was -$599K.
How have Asea, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Asea, LLC's sponsor-wide assets grew 50.6%, from $8M to $11M.
Which 401(k) plans are similar in size to Asea 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cullman Internal Medicine 401(k) Plan in AL ($8M, 84 participants).
Which 401(k) plans cover a similar participant headcount to Asea 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Barley Snyder Savings Plan in PA (220 participants, $45M in assets).