401(k) · DOL Form 5500 · 2023

Shaw Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
138
Participants Small participant base
69th
Percentile by assets National rank
$121,566
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shaw Electric, Inc. Retirement Savings Plan · Sponsored by Shaw Electric, Inc. · Iowa · Construction

$17M in assets, 138 participants

Shaw Electric, Inc.'s Shaw Electric, Inc. Retirement Savings Plan reported $17M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,140 in Construction (9,030 peers)

Coverage in Iowa

Shaw Electric, Inc. Retirement Savings Plan covers 138 participants in Iowa, about 23% of the average Iowa filer (state average ~609 per filing). Assets: $17M.

#6,140
in Construction (9,030 peers)
+23.1%
assets growth YoY

Shaw Electric, Inc. Retirement Savings Plan's outsized position by total assets

Shaw Electric, Inc. Retirement Savings Plan vs every filed plan by assets

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

$16,776,115 Top 31% higher than 69% 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

Shaw Electric, Inc. Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shaw Electric, Inc. Retirement Savings Plan sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shaw Electric, Inc. Retirement Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Shaw Electric, Inc. Retirement Savings Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Shaw Electric, Inc. Retirement Savings Plan reported participants rose from 134 in the plan year 2022 filing to 138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 420843255 · Shaw Electric, Inc. PY 2023 · 401(k)

Shaw Electric, Inc. Retirement Savings Plan · $17M · 138 · 69th

  • BOOK $17M
  • BOOK 138
  • BOOK 69th
  • BOOK 401(k)
  • BOOK near Drax Biomass Inc. 401(k) Plan
  • BOOK ind #6140

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 Iowa →

Shaw Electric, Inc. Retirement Savings Plan in the asset neighbourhood

Shaw Electric, Inc. Retirement Savings PlanShaw Electric, Inc. Retireme…$17MDrax Biomass Inc. 401(k) Plan$17MNichols Farms 401(k) Profit Sharing PlanNichols Farms 401(k) Profit …$17MLow Income Investment Fund 401(k) PlanLow Income Investment Fund 4…$17MRising Phoenix Holdings Corporation 401(k) Retirement Savings PlanRising Phoenix Holdings Corp…$17M
End-of-year total assets ($M) among Shaw Electric, Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN420843255
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shaw Electric, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$19M 37.60881248850346% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.6M $18.8M ▲ +37.7%
Year Plans Participants Total Assets
2022 1 134 $14M
2023 1 138 $17M
2024 1 143 $19M

Nearby 401(k) Plans in Iowa

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

Shaw Electric, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Shaw Electric, Inc. Retirement Savings Plan, Total assets ($B): 0.016776115 · Participants: 138Shaw Electric, Inc. Retirement Savings PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Shaw Electric, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Shaw Electric, Inc. Retirement Savings Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Drax Biomass Inc. 401(k) Plan in LA ($17M); by covered participants it is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (138 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 Shaw Electric, Inc. Retirement Savings Plan assets move in 2023? ▼
Shaw Electric, Inc. Retirement Savings Plan grew sharply - up 23.1% during 2023, from $14M to $17M. Reported net income was $3M.
How have Shaw Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shaw Electric, Inc.'s sponsor-wide assets grew 37.6%, from $14M to $19M.
Which 401(k) plans are similar in size to Shaw Electric, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Drax Biomass Inc. 401(k) Plan in LA ($17M, 283 participants).
Which 401(k) plans cover a similar participant headcount to Shaw Electric, Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants, $28M 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 420843255.

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.