401(k) · DOL Form 5500 · 2023

Altimate Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
105
Participants Small participant base
55th
Percentile by assets National rank
$80,427
Avg per participant Below avg balance/head
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Official DOL plan name: Altimate Electric, Inc. 401(k) Plan · Sponsored by Altimate Electric, Inc. · Maryland · Agriculture, Forestry & Fishing

$8M in assets, 105 participants

Altimate Electric, Inc.'s Altimate Electric, Inc. 401(k) Plan reported $8M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #764 in Agriculture, Forestry & Fishing (1,288 peers)

Coverage in Maryland

Altimate Electric, Inc. 401(k) Plan covers 105 participants in Maryland, about 11% of the average Maryland filer (state average ~929 per filing). Assets: $8M.

#764
in Agriculture, Forestry & Fishing (1,288 peers)
+13.5%
assets growth YoY

Altimate Electric, Inc. 401(k) Plan's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers

Altimate Electric, Inc. 401(k) Plan vs every filed plan by assets

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

$8,444,791 Top 45% higher than 55% 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

Altimate Electric, Inc. 401(k) 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. Altimate Electric, Inc. 401(k) Plan sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Altimate Electric, Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Altimate Electric, Inc. 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Altimate Electric, Inc. 401(k) Plan reported participants rose from 99 in the plan year 2022 filing to 105 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 522054949 · Altimate Electric, Inc. PY 2023 · 401(k)

Altimate Electric, Inc. 401(k) Plan · $8M · 105 · 55th

  • SCH $8M
  • SCH 105
  • SCH 55th
  • SCH 401(k)
  • SCH near Midas Hospitality, LLC 401(k) Plan
  • SCH ind #764

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Maryland →

Altimate Electric, Inc. 401(k) Plan in the asset neighbourhood

Vantage Travel Service, Inc. 401(k) PlanVantage Travel Service, Inc.…$8MThe Virginia Tire & Auto 401(k) PlanThe Virginia Tire & Auto 401…$8MGenerate Biomedicines, Inc 401(k) PlanGenerate Biomedicines, Inc 4…$8MAltimate Electric, Inc. 401(k) PlanAltimate Electric, Inc. 401(…$8MMidas Hospitality, LLC 401(k) PlanMidas Hospitality, LLC 401(k…$8M
End-of-year total assets ($M) among Altimate Electric, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN522054949
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Altimate Electric, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$10M 27.874162755582706% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.44M $9.51M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 99 $7M
2023 1 105 $8M
2024 1 120 $10M

Nearby 401(k) Plans in Maryland

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

Altimate Electric, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Altimate Electric, Inc. 401(k) Plan, Total assets ($B): 0.008444791 · Participants: 105Altimate Electric, Inc. 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Altimate Electric, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Altimate Electric, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Maryland, the nearest 401(k) by assets is Midas Hospitality, LLC 401(k) Plan in MO ($8M); by covered participants it is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 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 (105 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 Altimate Electric, Inc. 401(k) Plan assets move in 2023? ▼
Altimate Electric, Inc. 401(k) Plan grew at a solid clip - up 13.5% during 2023, from $7M to $8M. Reported net income was $1M.
How have Altimate Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Altimate Electric, Inc.'s sponsor-wide assets grew 27.9%, from $7M to $10M.
Which 401(k) plans are similar in size to Altimate Electric, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Midas Hospitality, LLC 401(k) Plan in MO ($8M, 838 participants).
Which 401(k) plans cover a similar participant headcount to Altimate Electric, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants, $6M 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 522054949.

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.