401(k) · DOL Form 5500 · 2023

Mars Electric Company 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
202
Participants Below avg headcount
72nd
Percentile by assets National rank
$94,290
Avg per participant Below avg balance/head
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Official DOL plan name: Mars Electric Company 401(k) Savings Plan · Sponsored by Mars Electric Company · Ohio · Retail Trade

$19M in assets, 202 participants

Mars Electric Company's Mars Electric Company 401(k) Savings Plan reported $19M in total assets and 202 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #6,901 in Retail Trade (8,414 peers)

Coverage in Ohio

Mars Electric Company 401(k) Savings Plan covers 202 participants in Ohio, about 26% of the average Ohio filer (state average ~765 per filing). Assets: $19M.

#6,901
in Retail Trade (8,414 peers)
+17.8%
assets growth YoY

Mars Electric Company 401(k) Savings Plan's outsized position by total assets

Mars Electric Company 401(k) Savings Plan vs every filed plan by assets

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

$19,046,544 Top 28% higher than 72% 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

Mars Electric Company 401(k) Savings 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. Mars Electric Company 401(k) Savings Plan sits mid-pack in the medium band (202 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mars Electric Company 401(k) Savings Plan reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mars Electric Company 401(k) Savings Plan end-of-year assets rose from $16M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Mars Electric Company 401(k) Savings Plan reported participants rose from 182 in the plan year 2022 filing to 202 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 340837654 · Mars Electric Company PY 2023 · 401(k)

Mars Electric Company 401(k) Savings Plan · $19M · 202 · 72nd

  • 5500 $19M
  • 5500 202
  • 5500 72nd
  • 5500 401(k)
  • 5500 near Ozinga Ready Mix Concrete, Inc. 401(k) Savings Plan
  • 5500 ind #6901

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 Retail Trade retirement plans → · Plans in Ohio →

Mars Electric Company 401(k) Savings Plan in the asset neighbourhood

Mars Electric Company 401(k) Savings PlanMars Electric Company 401(k)…$19MOzinga Ready Mix Concrete, Inc. 401(k) Savings PlanOzinga Ready Mix Concrete, I…$19MKval, Inc. 401(k) and Profit Sharing PlanKval, Inc. 401(k) and Profit…$19MWilson Electric 401(k) Plan$19MConexon 401(k) Plan$19M
End-of-year total assets ($M) among Mars Electric Company 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN340837654
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mars Electric Company)

Sponsor-wide plan assets over time

All Mars Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$20M 25.07966080104569% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $16.2M $20.2M ▲ +25.1%
Year Plans Participants Total Assets
2022 1 182 $16M
2023 1 202 $19M
2024 1 218 $20M

Nearby 401(k) Plans in Ohio

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

Mars Electric Company 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Mars Electric Company 401(k) Savings Plan, Total assets ($B): 0.019046544 · Participants: 202Mars Electric Company 401(k) Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Mars Electric Company 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Mars Electric Company 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest 401(k) by assets is Ozinga Ready Mix Concrete, Inc. 401(k) Savings Plan in IL ($19M); by covered participants it is Advantage Engineers, LLC 401(k) Plan in MD (202 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (202 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 Mars Electric Company 401(k) Savings Plan assets move in 2023? ▼
Mars Electric Company 401(k) Savings Plan grew sharply - up 17.8% during 2023, from $16M to $19M. Reported net income was $3M.
How have Mars Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mars Electric Company's sponsor-wide assets grew 25.1%, from $16M to $20M.
Which 401(k) plans are similar in size to Mars Electric Company 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ozinga Ready Mix Concrete, Inc. 401(k) Savings Plan in IL ($19M, 664 participants).
Which 401(k) plans cover a similar participant headcount to Mars Electric Company 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Advantage Engineers, LLC 401(k) Plan in MD (202 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 340837654.

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.