401(k) ยท DOL Form 5500 ยท 2023

Mario Sinacola & Sons Excavating, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$37M
Total assets
886
Participants
69th
Percentile by assets

Sponsored by Mario Sinacola & Sons Excavating, Inc. ยท Texas ยท Construction

What the 2023 filing shows

Mario Sinacola & Sons Excavating, Inc. 401(k) Plan holds $37M for 886 participants - about $41,873 per participant, above the median plan by assets, up 19.0% over the 2023 plan year.

$37M
total plan assets (2023 EOY)
886
covered participants
69th
percentile by assets (of 72,800 plans)
$41,873
avg assets per participant
Total Assets (2023)
$37M
Participants
886
State
Industry
Construction

What the Filing Says About Mario Sinacola & Sons Excavating, Inc. 401(k) Plan

Mario Sinacola & Sons Excavating, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Mario Sinacola & Sons Excavating, Inc., headquartered in Texas. As of the 2023 Form 5500 filing, the plan reports $37M in total end-of-year assets and covers 886 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 381812253, and the plan has been effective since 2000-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $31M at the beginning of 2023 to $37M at year-end - a gain of 19.0%. Net assets (after liabilities) closed the year at $37M, with reported net income of $6M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$31M
Total Assets (End of Year)$37M
Net Assets (End of Year)$37M
Net Income$6M
Plan Type401(k)
Employer EIN381812253
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mario Sinacola & Sons Excavating, Inc.)

Year Plans Participants Total Assets
2022 2 1,285 $127M
2023 2 1,526 $206M
2024 1 888 $44M

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Frequently Asked Questions

How much money is in the Mario Sinacola & Sons Excavating, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Mario Sinacola & Sons Excavating, Inc. 401(k) Plan holds $37M in total assets with 886 participants. It is sponsored by Mario Sinacola & Sons Excavating, Inc..
What type of plan is Mario Sinacola & Sons Excavating, Inc. 401(k) Plan?
Mario Sinacola & Sons Excavating, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2000-01-01. The plan is filed with the U.S. Department of Labor under EIN 381812253.
Who sponsors the Mario Sinacola & Sons Excavating, Inc. 401(k) Plan?
Mario Sinacola & Sons Excavating, Inc. 401(k) Plan is sponsored by Mario Sinacola & Sons Excavating, Inc., located in Texas. The sponsor's EIN is 381812253 and the plan operates in the Construction industry.
How did Mario Sinacola & Sons Excavating, Inc. 401(k) Plan perform in 2023?
Mario Sinacola & Sons Excavating, Inc. 401(k) Plan grew by 19.0% during 2023, moving from $31M to $37M in total assets. Net income was $6M.
Where can I find official filings for Mario Sinacola & Sons Excavating, Inc. 401(k) Plan?
Official Form 5500 filings for Mario Sinacola & Sons Excavating, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381812253 or plan name at efast.dol.gov.
How does Mario Sinacola & Sons Excavating, Inc. 401(k) Plan compare to other plans?
You can compare Mario Sinacola & Sons Excavating, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 381812253.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.