401(k) · DOL Form 5500 · 2023

Professional Electrical Contractors of Ct, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
260
Participants Below avg headcount
75th
Percentile by assets National rank
$88,564
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Professional Electrical Contractors of Ct, Inc. 401(k) Plan · Sponsored by Professional Electrical Contractors of Ct, Inc. · Massachusetts · Construction

$23M in assets, 260 participants

Professional Electrical Contractors of Ct, Inc.'s Professional Electrical Contractors of Ct, Inc. 401(k) Plan reported $23M in total assets and 260 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,658 in Construction (9,030 peers)

Coverage in Massachusetts

Professional Electrical Contractors of Ct, Inc. 401(k) Plan covers 260 participants in Massachusetts, about 39% of the average Massachusetts filer (state average ~659 per filing). Assets: $23M.

#6,658
in Construction (9,030 peers)
+21.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Professional Electrical Contractors of Ct, Inc. 401(k) Plan's outsized position by total assets

Professional Electrical Contractors of Ct, Inc. 401(k) Plan vs every filed plan by assets

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

$23,026,642 Top 25% higher than 75% 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

Professional Electrical Contractors of Ct, 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. Professional Electrical Contractors of Ct, Inc. 401(k) Plan sits mid-pack in the medium band (260 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Professional Electrical Contractors of Ct, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Professional Electrical Contractors of Ct, Inc. 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Professional Electrical Contractors of Ct, Inc. 401(k) Plan reported participants fell from 286 in the plan year 2022 filing to 260 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 061321754 · Professional Electrical Contractors of Ct, Inc. PY 2023 · 401(k)

Professional Electrical Contractors of Ct, Inc. 401(k) Plan · $23M · 260 · 75th

  • EOY $23M
  • 5500 260
  • ASSETS 75th
  • PCT 401(k)
  • EIN near Verisys Corporation 401(k) Plan
  • RANK ind #6658

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 Massachusetts →

Professional Electrical Contractors of Ct, Inc. 401(k) Plan in the asset neighbourhood

Professional Electrical Contractors of Ct, Inc. 401(k) PlanProfessional Electrical Cont…$23MVerisys Corporation 401(k) PlanVerisys Corporation 401(k) P…$23MBevilacqua Research Corporation 401(k) Plan and TrustBevilacqua Research Corporat…$23MThe Lyons National Bank 401(k) Profit Sharing PlanThe Lyons National Bank 401(…$23MPriority Automotive Group 401(k) & Profit Sharing PlanPriority Automotive Group 40…$23M
End-of-year total assets ($M) among Professional Electrical Contractors of Ct, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN061321754
Plan Effective Date1997-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Professional Electrical Contractors of Ct, Inc.)

Sponsor-wide plan assets over time

All Professional Electrical Contractors of Ct, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 56.384771327114706% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $18.9M $29.6M ▲ +56.4%
Year Plans Participants Total Assets
2022 1 286 $19M
2023 1 260 $23M
2024 1 283 $30M

Nearby 401(k) Plans in Massachusetts

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

Professional Electrical Contractors of Ct, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Professional Electrical Contractors of Ct, Inc. 401(k) Plan, Total assets ($B): 0.023026642 · Participants: 260Professional Electrical Contractors of Ct, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Professional Electrical Contractors of Ct, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Professional Electrical Contractors of Ct, Inc. 401(k) Plan side-by-side with 3 peers →

Professional Electrical Contractors of Ct, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Verisys Corporation 401(k) Plan in KY ($23M); by covered participants it is Roofing Wholesale Co., Inc. 401(k) Plan in AZ (260 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (260 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 Professional Electrical Contractors of Ct, Inc. 401(k) Plan assets move in 2023? ▼
Professional Electrical Contractors of Ct, Inc. 401(k) Plan grew sharply - up 21.8% during 2023, from $19M to $23M. Reported net income was $4M.
How have Professional Electrical Contractors of Ct, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Professional Electrical Contractors of Ct, Inc.'s sponsor-wide assets grew 56.4%, from $19M to $30M.
Where does Professional Electrical Contractors of Ct, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Professional Electrical Contractors of Ct, Inc. 401(k) Plan ranks in the 75th 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 Professional Electrical Contractors of Ct, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Verisys Corporation 401(k) Plan in KY ($23M, 669 participants).
Which 401(k) plans cover a similar participant headcount to Professional Electrical Contractors of Ct, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Roofing Wholesale Co., Inc. 401(k) Plan in AZ (260 participants, $7M 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 061321754.

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.