401(k) · DOL Form 5500 · 2023

ELECTEK 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
166
Participants Small participant base
82nd
Percentile by assets National rank
$217,232
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sasco & Affiliates Retirement Plan · Sponsored by ELECTEK · California · Construction

$36M in assets, 166 participants

ELECTEK's Sasco & Affiliates Retirement Plan reported $36M in total assets and 166 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,229 in Construction (9,030 peers)

Coverage in California

Sasco & Affiliates Retirement Plan covers 166 participants in California, about 26% of the average California filer (state average ~630 per filing). Assets: $36M.

#7,229
in Construction (9,030 peers)
+13.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sasco & Affiliates Retirement Plan's outsized position by total assets

Sasco & Affiliates Retirement Plan vs every filed plan by assets

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

$36,060,463 Top 18% higher than 82% 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

Sasco & Affiliates 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. Sasco & Affiliates Retirement Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sasco & Affiliates Retirement Plan reported net income rose from -$9M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Sasco & Affiliates Retirement Plan end-of-year assets rose from $32M in the plan year 2022 filing to $36M in the plan year 2023 filing.
  • Sasco & Affiliates Retirement Plan reported participants rose from 163 in the plan year 2022 filing to 166 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 273733987 · ELECTEK PY 2023 · 401(k)

Sasco & Affiliates Retirement Plan · $36M · 166 · 82nd

  • TYPE $36M
  • TYPE 166
  • TYPE 82nd
  • TYPE 401(k)
  • TYPE near Care Solutions 401(k) Plan
  • TYPE ind #7229

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 California →

Sasco & Affiliates Retirement Plan in the asset neighbourhood

Sasco & Affiliates Retirement PlanSasco & Affiliates Retiremen…$36MCare Solutions 401(k) Plan$36MFranklin Sports, Inc. 401(k) PlanFranklin Sports, Inc. 401(k)…$36MQuaker Window Products Co. 401(k) Profit Sharing Plan & TrustQuaker Window Products Co. 4…$36MBrake Parts Inc LLC 401(k) PlanBrake Parts Inc LLC 401(k) P…$36M
End-of-year total assets ($M) among Sasco & Affiliates Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$36M
Net Income$4M
Employer EIN273733987
Plan Effective Date1974-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (ELECTEK)

Sponsor-wide plan assets over time

All ELECTEK plans reported in each filing year

Latest sponsor-wide plan assets
$42M 32.62683899310505% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $31.8M $42.1M ▲ +32.6%
Year Plans Participants Total Assets
2022 1 163 $32M
2023 1 166 $36M
2024 1 166 $42M

Nearby 401(k) Plans in California

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

Sasco & Affiliates Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Sasco & Affiliates Retirement Plan, Total assets ($B): 0.036060463 · Participants: 166Sasco & Affiliates Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Sasco & Affiliates Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Sasco & Affiliates Retirement Plan side-by-side with 3 peers →

Sasco & Affiliates Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Care Solutions 401(k) Plan in NJ ($36M); by covered participants it is Lightways Hospice and Serious Illness Care 401(k) Plan in IL (166 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($36M here).

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Sasco & Affiliates Retirement Plan assets move in 2023? ▼
Sasco & Affiliates Retirement Plan grew at a solid clip - up 13.5% during 2023, from $32M to $36M. Reported net income was $4M.
How have ELECTEK plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), ELECTEK's sponsor-wide assets grew 32.6%, from $32M to $42M.
Where does Sasco & Affiliates Retirement Plan rank by assets among Form 5500 filers? ▼
Sasco & Affiliates Retirement Plan ranks in the 82nd 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 Sasco & Affiliates Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Care Solutions 401(k) Plan in NJ ($36M, 12 participants).
Which 401(k) plans cover a similar participant headcount to Sasco & Affiliates Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lightways Hospice and Serious Illness Care 401(k) Plan in IL (166 participants, $9M 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 273733987.

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.