401(k) · DOL Form 5500 · 2023

1st Electric Contractors, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
96
Participants Small participant base
43rd
Percentile by assets National rank
$49,410
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: 1st Electric 401(k) Plan · Sponsored by 1st Electric Contractors, Inc. · Colorado · Construction

$5M in assets, 96 participants

1st Electric Contractors, Inc.'s 1st Electric 401(k) Plan reported $5M in total assets and 96 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #3,729 in Construction (9,030 peers)

1st Electric Contractors, Inc. multi-year trail

1st Electric Contractors, Inc.'s plans moved +35.8% in assets from 2022 to 2024; this filing shows 1st Electric 401(k) Plan at $5M / 96 participants.

#3,729
in Construction (9,030 peers)
+9.6%
assets growth YoY

1st Electric 401(k) Plan's mid-pack asset rank among Construction and all filers

1st Electric 401(k) Plan vs every filed plan by assets

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

$4,743,374 43rd percentile higher than 43% 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

1st Electric 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 1st Electric 401(k) Plan is a small filing (96 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 1st Electric 401(k) Plan reported net income rose from -$824K in the plan year 2022 filing to $414K in the plan year 2023 filing.
  • 1st Electric 401(k) Plan reported participants rose from 77 in the plan year 2022 filing to 96 in the plan year 2023 filing.
  • 1st Electric 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 205021990 · 1st Electric Contractors, Inc. PY 2023 · 401(k)

1st Electric 401(k) Plan · $5M · 96 · 43rd

  • BOOK $5M
  • VS-ST 96
  • BOY 43rd
  • SCH 401(k)
  • EBSA near Jack Lawton, LLC 401(k) Retirement Plan
  • PART ind #3729

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 Colorado →

1st Electric 401(k) Plan in the asset neighbourhood

1st Electric 401(k) Plan$5MJack Lawton, LLC 401(k) Retirement PlanJack Lawton, LLC 401(k) Reti…$5MNational Wholesale 401(k) PlanNational Wholesale 401(k) Pl…$5MIndependent Living Profit Sharing Plan - Non UnionIndependent Living Profit Sh…$5MTransformation Systems, Inc. 401(k) PlanTransformation Systems, Inc.…$5M
End-of-year total assets ($M) among 1st Electric 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

1st Electric Contractors, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All 1st Electric Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 35.75765009600157% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M$6.5M 202220232024 $4.33M $5.88M ▲ +35.8%
Year Plans Participants Total Assets
2022 1 77 $4M
2023 1 96 $5M
2024 1 125 $6M

1st Electric Contractors, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$414K
Employer EIN205021990
Plan Effective Date2003-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Colorado

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

1st Electric 401(k) Plan vs. nearby 401(k) plans in Colorado, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants 1st Electric 401(k) Plan, Total assets ($B): 0.004743374 · Participants: 961st Electric 401(k) PlanDavita Retirement Savings Plan, Total assets ($B): 3.326219779 · Participants: 57711Davita Retirement Savings PlanBall Corporation 401(k) and Employee Stock Ownership Plan, Total assets ($B): 2.806549522 · Participants: 10349Ball Corporation 401(k) and Employee Stock Ownership PlanEmpower Retirement, LLC 401(k) Savings Plan, Total assets ($B): 1.852270164 · Participants: 10036Empower Retirement, LLC 401(k) Savings PlanWoodward Retirement Savings Plan, Total assets ($B): 1.765770435 · Participants: 5847Woodward Retirement Savings PlanArcadis U.S., Inc. Retirement Savings Plan, Total assets ($B): 1.686655183 · Participants: 5491Arcadis U.S., Inc. Retirement Savings Plan
1st Electric 401(k) Plan vs. nearby 401(k) plans in Colorado, assets vs. participants
Compare 1st Electric 401(k) Plan side-by-side with 3 peers →

1st Electric 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Colorado, the nearest 401(k) by assets is Jack Lawton, LLC 401(k) Retirement Plan in LA ($5M); by covered participants it is Knowledge Link Inc. 401(k) Plan in VA (96 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (96 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 1st Electric 401(k) Plan assets move in 2023? ▼
1st Electric 401(k) Plan grew at a solid clip - up 9.6% during 2023, from $4M to $5M. Reported net income was $414K.
How have 1st Electric Contractors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), 1st Electric Contractors, Inc.'s sponsor-wide assets grew 35.8%, from $4M to $6M.
Which 401(k) plans are similar in size to 1st Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jack Lawton, LLC 401(k) Retirement Plan in LA ($5M, 11 participants).
Which 401(k) plans cover a similar participant headcount to 1st Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Knowledge Link Inc. 401(k) Plan in VA (96 participants, $11M 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 205021990.

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.