401(k) · DOL Form 5500 · 2023

Electric Motor & Contracting Co., Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
224
Participants Below avg headcount
78th
Percentile by assets National rank
$121,564
Avg per participant Near avg balance/head
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Official DOL plan name: Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan · Sponsored by Electric Motor & Contracting Co., Inc. · Virginia · Other Services

$27M in assets, 224 participants

Electric Motor & Contracting Co., Inc.'s Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan reported $27M in total assets and 224 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,970 in Other Services (7,857 peers)

Coverage in Virginia

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan covers 224 participants in Virginia, about 29% of the average Virginia filer (state average ~782 per filing). Assets: $27M.

#6,970
in Other Services (7,857 peers)
+22.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$27,230,374 Top 22% higher than 78% 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

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing 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. Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (224 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan reported participants rose from 221 in the plan year 2022 filing to 224 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 540694632 · Electric Motor & Contracting Co., Inc. PY 2023 · 401(k)

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan · $27M · 224 · 78th

  • BOOK $27M
  • BOOK 224
  • BOOK 78th
  • BOOK 401(k)
  • BOOK near Catholic Financial Life 401(k) Plan
  • BOOK ind #6970

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 Other Services retirement plans → · Plans in Virginia →

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing PlanElectric Motor & Contracting…$27MCatholic Financial Life 401(k) PlanCatholic Financial Life 401(…$27MKingston Healthcare Savings and Retirement PlanKingston Healthcare Savings …$27MRlj Lodging Trust, L.P. 401(k) PlanRlj Lodging Trust, L.P. 401(…$27MPhysicians Primary Care of Southwest Florida, P.L. 401(k) Profit Sharing Plan and TrustPhysicians Primary Care of S…$27M
End-of-year total assets ($M) among Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$27M
Net Income$5M
Employer EIN540694632
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Electric Motor & Contracting Co., Inc.)

Sponsor-wide plan assets over time

All Electric Motor & Contracting Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$31M 41.12560993226% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.2M $31.4M ▲ +41.1%
Year Plans Participants Total Assets
2022 1 221 $22M
2023 1 224 $27M
2024 1 246 $31M

Nearby 401(k) Plans in Virginia

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

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.027230374 · Participants: 224Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Catholic Financial Life 401(k) Plan in WI ($27M); by covered participants it is Egomotion Corp. 401(k) Plan in CA (224 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (224 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 Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan assets move in 2023?
Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan grew sharply - up 22.5% during 2023, from $22M to $27M. Reported net income was $5M.
How have Electric Motor & Contracting Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Electric Motor & Contracting Co., Inc.'s sponsor-wide assets grew 41.1%, from $22M to $31M.
Where does Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan ranks in the 78th 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 Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Catholic Financial Life 401(k) Plan in WI ($27M, 100 participants).
Which 401(k) plans cover a similar participant headcount to Electric Motor & Contracting Co., Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Egomotion Corp. 401(k) Plan in CA (224 participants, $4M in assets).