401(k) · DOL Form 5500 · 2023

Horner Electric Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
325
Participants Below avg headcount
77th
Percentile by assets National rank
$80,157
Avg per participant Below avg balance/head
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Official DOL plan name: Horner Electric Inc. Employees Retirement Plan · Sponsored by Horner Electric Inc. · Indiana · Wholesale Trade

$26M in assets, 325 participants

Horner Electric Inc.'s Horner Electric Inc. Employees Retirement Plan reported $26M in total assets and 325 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #4,776 in Wholesale Trade (6,309 peers)

Where Horner Electric Inc. Employees Retirement Plan sits by assets

Horner Electric Inc. Employees Retirement Plan sits in the top quartile of all filed plans by assets, $26M for 325 participants (~$80,157/participant), up 1.6% in 2023.

#4,776
in Wholesale Trade (6,309 peers)
+1.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Horner Electric Inc. Employees Retirement Plan's outsized position by total assets

Horner Electric Inc. Employees Retirement Plan vs every filed plan by assets

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

$26,050,875 Top 23% higher than 77% 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

Horner Electric Inc. Employees 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. Horner Electric Inc. Employees Retirement Plan sits mid-pack in the medium band (325 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Horner Electric Inc. Employees Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $415K in the plan year 2023 filing.
  • Horner Electric Inc. Employees Retirement Plan reported participants rose from 319 in the plan year 2022 filing to 325 in the plan year 2023 filing.
  • Horner Electric Inc. Employees Retirement Plan end-of-year assets rose from $26M in the plan year 2022 filing to $26M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 201662228 · Horner Electric Inc. PY 2023 · 401(k)

Horner Electric Inc. Employees Retirement Plan · $26M · 325 · 77th

  • TYPE $26M
  • NET 325
  • BOOK 77th
  • VS-ST 401(k)
  • BOY near Olympia Federal Savings & Loan Association 401(k) Plan and Trust
  • SCH ind #4776

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 Wholesale Trade retirement plans → · Plans in Indiana →

Horner Electric Inc. Employees Retirement Plan in the asset neighbourhood

Horner Electric Inc. Employees Retirement PlanHorner Electric Inc. Employe…$26MOlympia Federal Savings & Loan Association 401(k) Plan and TrustOlympia Federal Savings & Lo…$26MDana Innovations, Inc. 401(k) PlanDana Innovations, Inc. 401(k…$26MSaginaw Control & Engineering, Inc. Salary Savings PlanSaginaw Control & Engineerin…$26MResearch Products Corporation Production Staff 401(k) Savings PlanResearch Products Corporatio…$26M
End-of-year total assets ($M) among Horner Electric Inc. Employees Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$26M
Net Income$415K
Employer EIN201662228
Plan Effective Date1968-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Horner Electric Inc.)

Sponsor-wide plan assets over time

All Horner Electric Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 11.60642048140543% vs 2022
2024 filing year
$25M$26M$27M$28M$29M 202220232024 $25.6M $28.6M ▲ +11.6%
Year Plans Participants Total Assets
2022 1 319 $26M
2023 1 325 $26M
2024 1 313 $29M

Nearby 401(k) Plans in Indiana

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

Horner Electric Inc. Employees Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Horner Electric Inc. Employees Retirement Plan, Total assets ($B): 0.026050875 · Participants: 325Horner Electric Inc. Employees Retirement PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Horner Electric Inc. Employees Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Horner Electric Inc. Employees Retirement Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest 401(k) by assets is Olympia Federal Savings & Loan Association 401(k) Plan and Trust in WA ($26M); by covered participants it is Raining Rose, Inc. 401(k) Plan in IA (325 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (325 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 Horner Electric Inc. Employees Retirement Plan assets move in 2023? ▼
Horner Electric Inc. Employees Retirement Plan edged up modestly - up 1.6% during 2023, from $26M to $26M. Reported net income was $415K.
How have Horner Electric Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Horner Electric Inc.'s sponsor-wide assets grew 11.6%, from $26M to $29M.
Where does Horner Electric Inc. Employees Retirement Plan rank by assets among Form 5500 filers? ▼
Horner Electric Inc. Employees Retirement Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Horner Electric Inc. Employees Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Olympia Federal Savings & Loan Association 401(k) Plan and Trust in WA ($26M, 118 participants).
Which 401(k) plans cover a similar participant headcount to Horner Electric Inc. Employees Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Raining Rose, Inc. 401(k) Plan in IA (325 participants, $13M 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 201662228.

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.