401(k) · DOL Form 5500 · 2023

Block Electric Co., Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
21
Participants Small participant base
72nd
Percentile by assets National rank
$930,594
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Block Electric Co., Inc. Employees' Profit Sharing Trust · Sponsored by Block Electric Co., Inc. · Illinois · Construction

$20M in assets, 21 participants

Block Electric Co., Inc.'s Block Electric Co., Inc. Employees' Profit Sharing Trust reported $20M in total assets and 21 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #6,406 in Construction (9,030 peers)

Block Electric Co., Inc. multi-year trail

Block Electric Co., Inc.'s plans moved +14.9% in assets from 2022 to 2024; this filing shows Block Electric Co., Inc. Employees' Profit Sharing Trust at $20M / 21 participants.

#6,406
in Construction (9,030 peers)
+3.3%
assets growth YoY

Block Electric Co., Inc. Employees' Profit Sharing Trust's outsized position by total assets

Block Electric Co., Inc. Employees' Profit Sharing Trust vs every filed plan by assets

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

$19,542,466 Top 28% higher than 72% 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

Block Electric Co., Inc. Employees' Profit Sharing Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Block Electric Co., Inc. Employees' Profit Sharing Trust is a small filing (21 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Block Electric Co., Inc. Employees' Profit Sharing Trust reported net income rose from -$4M in the plan year 2022 filing to $622K in the plan year 2023 filing.
  • Block Electric Co., Inc. Employees' Profit Sharing Trust reported participants fell from 23 in the plan year 2022 filing to 21 in the plan year 2023 filing.
  • Block Electric Co., Inc. Employees' Profit Sharing Trust end-of-year assets rose from $19M in the plan year 2022 filing to $20M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 362097040 · Block Electric Co., Inc. PY 2023 · 401(k)

Block Electric Co., Inc. Employees' Profit Sharing Trust · $20M · 21 · 72nd

  • PCT $20M
  • PCT 21
  • PCT 72nd
  • PCT 401(k)
  • PCT near Mechdyne Corporation 401(k) Plan
  • PCT ind #6406

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 Illinois →

Block Electric Co., Inc. Employees' Profit Sharing Trust in the asset neighbourhood

Block Electric Co., Inc. Employees' Profit Sharing TrustBlock Electric Co., Inc. Emp…$20MMechdyne Corporation 401(k) PlanMechdyne Corporation 401(k) …$20MNational Multifamily Housing Council Profit Sharing 401(k) PlanNational Multifamily Housing…$20MUfcw Local 888 and Employers 401(k) PlanUfcw Local 888 and Employers…$20MWestern Dairy Transport, LLC Employee's 401(k) PlanWestern Dairy Transport, LLC…$20M
End-of-year total assets ($M) among Block Electric Co., Inc. Employees' Profit Sharing Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Block Electric Co., Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Block Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 14.92465417409121% vs 2022
2024 filing year
$18M$19M$20M$21M$22M$23M 202220232024 $18.9M $21.7M ▲ +14.9%
Year Plans Participants Total Assets
2022 1 23 $19M
2023 1 21 $20M
2024 1 20 $22M

Block Electric Co., Inc. filing trail (2023)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$20M
Net Income$622K
Employer EIN362097040
Plan Effective Date1970-12-28
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Block Electric Co., Inc. Employees' Profit Sharing Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Block Electric Co., Inc. Employees' Profit Sharing Trust, Total assets ($B): 0.019542466 · Participants: 21Block Electric Co., Inc. Employees' Profit Sharing TrustAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Block Electric Co., Inc. Employees' Profit Sharing Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Block Electric Co., Inc. Employees' Profit Sharing Trust side-by-side with 3 peers →

Block Electric Co., Inc. Employees' Profit Sharing Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Mechdyne Corporation 401(k) Plan in IA ($20M); by covered participants it is Pulmonary & Sleep Medicine Associates 401(k) Profit Sharing Plan in GA (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 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 Block Electric Co., Inc. Employees' Profit Sharing Trust assets move in 2023? ▼
Block Electric Co., Inc. Employees' Profit Sharing Trust edged up modestly - up 3.3% during 2023, from $19M to $20M. Reported net income was $622K.
How have Block Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Block Electric Co., Inc.'s sponsor-wide assets grew 14.9%, from $19M to $22M.
Which 401(k) plans are similar in size to Block Electric Co., Inc. Employees' Profit Sharing Trust? ▼
Among 401(k) plans in other states, the closest by assets is Mechdyne Corporation 401(k) Plan in IA ($20M, 259 participants).
Which 401(k) plans cover a similar participant headcount to Block Electric Co., Inc. Employees' Profit Sharing Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Pulmonary & Sleep Medicine Associates 401(k) Profit Sharing Plan in GA (21 participants, $10M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 362097040.

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.