401(k) · DOL Form 5500 · 2023

Anderson Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
20
Participants Small participant base
34th
Percentile by assets National rank
$131,895
Avg per participant Near avg balance/head
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Official DOL plan name: Anderson Electric, Inc. Incentive Savings Plan · Sponsored by Anderson Electric, Inc. · Illinois · Construction

$3M in assets, 20 participants

Anderson Electric, Inc.'s Anderson Electric, Inc. Incentive Savings Plan reported $3M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,872 in Construction (9,030 peers)

Anderson Electric, Inc. multi-year trail

Anderson Electric, Inc.'s plans moved +34.0% in assets from 2022 to 2024; this filing shows Anderson Electric, Inc. Incentive Savings Plan at $3M / 20 participants.

#2,872
in Construction (9,030 peers)
+7.8%
assets growth YoY

Anderson Electric, Inc. Incentive Savings Plan's mid-pack asset rank among Construction and all filers

Anderson Electric, Inc. Incentive Savings Plan vs every filed plan by assets

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

$2,637,893 34th percentile higher than 34% 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

Anderson Electric, Inc. Incentive Savings 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. Anderson Electric, Inc. Incentive Savings 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

  • Anderson Electric, Inc. Incentive Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $192K in the plan year 2023 filing.
  • Anderson Electric, Inc. Incentive Savings Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Anderson Electric, Inc. Incentive Savings Plan reported participants fell from 21 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 370690803 · Anderson Electric, Inc. PY 2023 · 401(k)

Anderson Electric, Inc. Incentive Savings Plan · $3M · 20 · 34th

  • PHOTO $3M
  • IND 20
  • EOY 34th
  • 5500 401(k)
  • ASSETS near Big Bang Enterprises, Inc 401(k) Plan
  • PCT ind #2872

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 →

Anderson Electric, Inc. Incentive Savings Plan in the asset neighbourhood

Anderson Electric, Inc. Incentive Savings PlanAnderson Electric, Inc. Ince…$3MBig Bang Enterprises, Inc 401(k) PlanBig Bang Enterprises, Inc 40…$3MGrau Law Group 401(k) Plan$3MMar-Vel Tool Company Inc 401(k) PlanMar-Vel Tool Company Inc 401…$3MUdc 401(k) Plan$3M
End-of-year total assets ($M) among Anderson Electric, Inc. Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Anderson Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Anderson Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 34.04770077165024% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $50M $67M ▲ +34.1%
Year Plans Participants Total Assets
2022 2 40 $50M
2023 2 40 $58M
2024 2 39 $67M

Anderson Electric, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$192K
Employer EIN370690803
Plan Effective Date1994-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Anderson Electric, Inc. Incentive Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Anderson Electric, Inc. Incentive Savings Plan, Total assets ($B): 0.002637893 · Participants: 20Anderson Electric, Inc. Incentive Savings PlanAccenture 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
Anderson Electric, Inc. Incentive Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Anderson Electric, Inc. Incentive Savings Plan side-by-side with 3 peers →

Anderson Electric, Inc. Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Big Bang Enterprises, Inc 401(k) Plan in FL ($3M); by covered participants it is Marietta Railroad Properties, Inc. 401(k) Plan in NY (20 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

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 Anderson Electric, Inc. Incentive Savings Plan assets move in 2023? ▼
Anderson Electric, Inc. Incentive Savings Plan grew at a solid clip - up 7.8% during 2023, from $2M to $3M. Reported net income was $192K.
How have Anderson Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Anderson Electric, Inc.'s sponsor-wide assets grew 34.0%, from $50M to $67M.
Which 401(k) plans are similar in size to Anderson Electric, Inc. Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Big Bang Enterprises, Inc 401(k) Plan in FL ($3M, 1,948 participants).
Which 401(k) plans cover a similar participant headcount to Anderson Electric, Inc. Incentive Savings 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).

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 370690803.

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.