401(k) · DOL Form 5500 · 2023

Basler Electric Company 401(k) Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
292
Participants Below avg headcount
88th
Percentile by assets National rank
$212,943
Avg per participant Above avg balance/head
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Official DOL plan name: Basler Electric 401(k) Plan · Sponsored by Basler Electric Company · Illinois · Manufacturing

$62M in assets, 292 participants

Basler Electric Company's Basler Electric 401(k) Plan reported $62M in total assets and 292 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,315 in Manufacturing (18,722 peers)

Coverage in Illinois

Basler Electric 401(k) Plan covers 292 participants in Illinois, about 37% of the average Illinois filer (state average ~779 per filing). Assets: $62M.

#15,315
in Manufacturing (18,722 peers)
+18.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Basler Electric 401(k) Plan's outsized position by total assets

Basler Electric 401(k) Plan vs every filed plan by assets

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

$62,179,348 Top 12% higher than 88% 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

Basler Electric 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. Basler Electric 401(k) Plan sits mid-pack in the medium band (292 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Basler Electric 401(k) Plan reported net income rose from -$19M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Basler Electric 401(k) Plan end-of-year assets rose from $53M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Basler Electric 401(k) Plan reported participants fell from 304 in the plan year 2022 filing to 292 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 370628928 · Basler Electric Company PY 2023 · 401(k)

Basler Electric 401(k) Plan · $62M · 292 · 88th

  • PHOTO $62M
  • IND 292
  • EOY 88th
  • 5500 401(k)
  • ASSETS near Metron, Inc. 401(k) Profit Sharing Plan
  • PCT ind #15315

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 Manufacturing retirement plans → · Plans in Illinois →

Basler Electric 401(k) Plan in the asset neighbourhood

Metron, Inc. 401(k) Profit Sharing PlanMetron, Inc. 401(k) Profit S…$62MNorthern Star (Pogo) LLC 401(k) PlanNorthern Star (Pogo) LLC 401…$62MCorden Pharma Colorado, Inc. 401(k) PlanCorden Pharma Colorado, Inc.…$62MBasler Electric 401(k) Plan$62MSouthcoast Medical Group, LLC Profit Sharing 401(k) PlanSouthcoast Medical Group, LL…$62M
End-of-year total assets ($M) among Basler Electric 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$62M
Net Income$10M
Employer EIN370628928
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Basler Electric Company)

Sponsor-wide plan assets over time

All Basler Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$66M 14.82137706991636% vs 2022
2024 filing year
$55M$60M$65M$70M 202220232024 $57.4M $65.9M ▲ +14.8%
Year Plans Participants Total Assets
2022 2 397 $57M
2023 2 385 $67M
2024 2 399 $66M

Nearby 401(k) Plans in Illinois

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

Basler Electric 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Basler Electric 401(k) Plan, Total assets ($B): 0.062179348 · Participants: 292Basler Electric 401(k) 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
Basler Electric 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Basler Electric 401(k) Plan side-by-side with 3 peers →

Basler Electric 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Metron, Inc. 401(k) Profit Sharing Plan in VA ($62M); by covered participants it is Hawthorn Bancshares, Inc. Profit Sharing 401(k) Plan in MO (292 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (292 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 Basler Electric 401(k) Plan assets move in 2023? ▼
Basler Electric 401(k) Plan grew sharply - up 18.4% during 2023, from $53M to $62M. Reported net income was $10M.
How have Basler Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Basler Electric Company's sponsor-wide assets grew 14.8%, from $57M to $66M.
Where does Basler Electric 401(k) Plan rank by assets among Form 5500 filers? ▼
Basler Electric 401(k) Plan ranks in the 88th 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 Basler Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Metron, Inc. 401(k) Profit Sharing Plan in VA ($62M, 192 participants).
Which 401(k) plans cover a similar participant headcount to Basler Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hawthorn Bancshares, Inc. Profit Sharing 401(k) Plan in MO (292 participants, $45M 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 370628928.

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.