401(k) · DOL Form 5500 · 2023

Electrical Motor Repair Co. of New Jersey 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
20
Participants Small participant base
52nd
Percentile by assets National rank
$372,504
Avg per participant High balance/head
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Official DOL plan name: Electrical Motor Repair Co. of Nj 401(k) Plan · Sponsored by Electrical Motor Repair Co. of New Jersey · New Jersey · Manufacturing

$7M in assets, 20 participants

Electrical Motor Repair Co. of New Jersey's Electrical Motor Repair Co. of Nj 401(k) Plan reported $7M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,918 in Manufacturing (18,722 peers)

Electrical Motor Repair Co. of New Jersey multi-year trail

Electrical Motor Repair Co. of New Jersey's plans moved +22.9% in assets from 2022 to 2024; this filing shows Electrical Motor Repair Co. of Nj 401(k) Plan at $7M / 20 participants.

#6,918
in Manufacturing (18,722 peers)
+11.5%
assets growth YoY

Electrical Motor Repair Co. of Nj 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Electrical Motor Repair Co. of Nj 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,450,075 Top 48% higher than 52% of 127,068 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 2023

Electrical Motor Repair Co. of Nj 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electrical Motor Repair Co. of Nj 401(k) Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electrical Motor Repair Co. of Nj 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $767K in the plan year 2023 filing.
  • Electrical Motor Repair Co. of Nj 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Electrical Motor Repair Co. of Nj 401(k) Plan reported participants rose from 18 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 221998451 · Electrical Motor Repair Co. of New Jersey PY 2023 · 401(k)

Electrical Motor Repair Co. of Nj 401(k) Plan · $7M · 20 · 52nd

  • PHOTO $7M
  • PHOTO 20
  • PHOTO 52nd
  • PHOTO 401(k)
  • PHOTO near Sullivan Automotive Group, Inc. 401(k) Profit Sharing Plan
  • PHOTO ind #6918

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 New Jersey →

Electrical Motor Repair Co. of Nj 401(k) Plan in the asset neighbourhood

Electrical Motor Repair Co. of Nj 401(k) PlanElectrical Motor Repair Co. …$7MSullivan Automotive Group, Inc. 401(k) Profit Sharing PlanSullivan Automotive Group, I…$7MGcc Technologies, LLC Retirement Plan and TrustGcc Technologies, LLC Retire…$7MUfinancial Employees 401(k) PlanUfinancial Employees 401(k) …$7MBig Horn Hospital Association 401(k) PlanBig Horn Hospital Associatio…$7M
End-of-year total assets ($M) among Electrical Motor Repair Co. of Nj 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Electrical Motor Repair Co. of New Jersey multi-year asset trail

Sponsor-wide plan assets over time

All Electrical Motor Repair Co. of New Jersey plans reported in each filing year

Latest sponsor-wide plan assets
$8M 22.948113902741305% vs 2022
2024 filing year
$6.5M$7M$7.5M$8M$8.5M 202220232024 $6.68M $8.22M ▲ +23.1%
Year Plans Participants Total Assets
2022 1 18 $7M
2023 1 20 $7M
2024 1 20 $8M

Electrical Motor Repair Co. of New Jersey filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$767K
Employer EIN221998451
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Electrical Motor Repair Co. of Nj 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Electrical Motor Repair Co. of Nj 401(k) Plan, Total assets ($B): 0.007450075 · Participants: 20Electrical Motor Repair Co. of Nj 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Electrical Motor Repair Co. of Nj 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Electrical Motor Repair Co. of Nj 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Sullivan Automotive Group, Inc. 401(k) Profit Sharing Plan in FL ($7M); by covered participants it is Marietta Railroad Properties, Inc. 401(k) Plan in NY (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Electrical Motor Repair Co. of Nj 401(k) Plan assets move in 2023?
Electrical Motor Repair Co. of Nj 401(k) Plan grew at a solid clip - up 11.5% during 2023, from $7M to $7M. Reported net income was $767K.
How have Electrical Motor Repair Co. of New Jersey plan assets changed over time?
Across 3 plan years on file (2022-2024), Electrical Motor Repair Co. of New Jersey's sponsor-wide assets grew 22.9%, from $7M to $8M.
Which 401(k) plans are similar in size to Electrical Motor Repair Co. of Nj 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sullivan Automotive Group, Inc. 401(k) Profit Sharing Plan in FL ($7M, 184 participants).
Which 401(k) plans cover a similar participant headcount to Electrical Motor Repair Co. of Nj 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Marietta Railroad Properties, Inc. 401(k) Plan in NY (20 participants, $521K in assets).