401(k) · DOL Form 5500 · 2023

Garber Electrical Contractors 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
210
Participants Below avg headcount
45th
Percentile by assets National rank
$24,610
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Garber Electrical Retirement Plan · Sponsored by Garber Electrical Contractors · Ohio · Construction

$5M in assets, 210 participants

Garber Electrical Contractors's Garber Electrical Retirement Plan reported $5M in total assets and 210 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #3,906 in Construction (9,030 peers)

Coverage in Ohio

Garber Electrical Retirement Plan covers 210 participants in Ohio, about 27% of the average Ohio filer (state average ~765 per filing). Assets: $5M.

#3,906
in Construction (9,030 peers)
+46.2%
assets growth YoY

Garber Electrical Retirement Plan's mid-pack asset rank among Construction and all filers

Garber Electrical Retirement Plan vs every filed plan by assets

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

$5,168,020 45th percentile higher than 45% 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

Garber Electrical Retirement 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. Garber Electrical Retirement Plan sits mid-pack in the medium band (210 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Garber Electrical Retirement Plan reported net income rose from -$672K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Garber Electrical Retirement Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Garber Electrical Retirement Plan reported participants rose from 193 in the plan year 2022 filing to 210 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 270256207 · Garber Electrical Contractors PY 2023 · 401(k)

Garber Electrical Retirement Plan · $5M · 210 · 45th

  • BOY $5M
  • BOY 210
  • BOY 45th
  • BOY 401(k)
  • BOY near Penn Elcom, Inc 401(k) Profit Sharing Plan
  • BOY ind #3906

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 Ohio →

Garber Electrical Retirement Plan in the asset neighbourhood

Garber Electrical Retirement PlanGarber Electrical Retirement…$5MPenn Elcom, Inc 401(k) Profit Sharing PlanPenn Elcom, Inc 401(k) Profi…$5MWalker Edison Furniture Company LLC 401(k) Profit Sharing Plan and TrustWalker Edison Furniture Comp…$5MJ. W. Cheatham, LLC 401(k) Profit Sharing PlanJ. W. Cheatham, LLC 401(k) P…$5MSaasoptics 401(k) Plan$5M
End-of-year total assets ($M) among Garber Electrical Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN270256207
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garber Electrical Contractors)

Sponsor-wide plan assets over time

All Garber Electrical Contractors plans reported in each filing year

Latest sponsor-wide plan assets
$7M 88.95618904832287% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.54M $6.68M ▲ +88.7%
Year Plans Participants Total Assets
2022 1 193 $4M
2023 1 210 $5M
2024 1 225 $7M

Nearby 401(k) Plans in Ohio

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

Garber Electrical Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Garber Electrical Retirement Plan, Total assets ($B): 0.00516802 · Participants: 210Garber Electrical Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Garber Electrical Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Garber Electrical Retirement Plan side-by-side with 3 peers →

Garber Electrical Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Penn Elcom, Inc 401(k) Profit Sharing Plan in CA ($5M); by covered participants it is B.E.a.T., LLC 401(k) Plan in TX (210 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (210 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 Garber Electrical Retirement Plan assets move in 2023? ▼
Garber Electrical Retirement Plan surged - up 46.2% during 2023, from $4M to $5M. Reported net income was $2M.
How have Garber Electrical Contractors plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Garber Electrical Contractors's sponsor-wide assets grew 89.0%, from $4M to $7M.
Which 401(k) plans are similar in size to Garber Electrical Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Penn Elcom, Inc 401(k) Profit Sharing Plan in CA ($5M, 50 participants).
Which 401(k) plans cover a similar participant headcount to Garber Electrical Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is B.E.a.T., LLC 401(k) Plan in TX (210 participants, $8M 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 270256207.

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.