401(k) · DOL Form 5500 · 2023

Gencon, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets: 28
Participants Small participant base: 32nd
Percentile by assets National rank: $83,017
Avg per participant Below avg balance/head

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Official DOL plan name: Gencon, Inc. 401(k) Plan · Sponsored by Gencon, Inc. · Massachusetts · Construction

$2M in assets, 28 participants

Gencon, Inc.'s Gencon, Inc. 401(k) Plan reported $2M in total assets and 28 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.

#2,712 in Construction (9,030 peers)

Gencon, Inc. multi-year trail

Gencon, Inc.'s plans moved +74.7% in assets from 2022 to 2024; this filing shows Gencon, Inc. 401(k) Plan at $2M / 28 participants.

#2,712
in Construction (9,030 peers): +29.5%
assets growth YoY

Gencon, Inc. 401(k) Plan among the smaller filed plans by assets

Gencon, Inc. 401(k) Plan vs every filed plan by assets

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

$2,324,487 32nd percentile higher than 32% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Gencon, Inc. 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. Gencon, Inc. 401(k) Plan is a small filing (28 participants) on this national headcount ladder.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Gencon, Inc. 401(k) Plan reported net income rose from -$8K in the plan year 2022 filing to $529K in the plan year 2023 filing.
Gencon, Inc. 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Gencon, Inc. 401(k) Plan reported participants fell from 32 in the plan year 2022 filing to 28 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 462932893 · Gencon, Inc. PY 2023 · 401(k)

Gencon, Inc. 401(k) Plan · $2M · 28 · 32nd

SCH $2M
SCH 28
SCH 32nd
SCH 401(k)
SCH near The Kahkwa Club 401(k) Plan
SCH ind #2712

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 →

End-of-year total assets ($M) among Gencon, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Gencon, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $3M 74.66886780945634% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	32	$2M
2023	1	28	$2M
2024	1	25	$3M

Gencon, Inc. filing trail (2023)

Total Assets (Beginning of Year)	$2M
Net Assets (End of Year)	$2M
Net Income	$529K
Employer EIN	462932893
Plan Effective Date	2018-01-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Gencon, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan $28.6B · 62,289
Liberty Mutual 401(k) Plan $10.6B · 37,052
Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
Philips North America 401(k) Plan $5.8B · 19,120

Compare Gencon, Inc. 401(k) Plan side-by-side with 3 peers →

Gencon, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is The Kahkwa Club 401(k) Plan in PA ($2M); by covered participants it is Direct Urgent Care, Inc. 401(k) Plan in CA (28 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

The Kahkwa Club 401(k) Plan (PA) $2M · 38
Ltl Insurance Services, Inc. Profit Sharing Plan (CA) $2M · 2
Grant Medical Transportation, Inc. 401(k) Profit (FL) $2M · 103
Dahring Cusmano LLC 401(k) Profit Sharing Plan (MI) $2M · 11

Similar participant headcount

Nearest other-state filings by covered participants (28 participants); asset peers above are excluded.

Direct Urgent Care, Inc. 401(k) Plan (CA) 28 · 0 off
Applied Video Technology, Inc. Profit Sharing Plan (PA) 28 · 0 off
Title Houston Holdings, Ltd 401(k) Plan (TX) 28 · 0 off
Horizon Food Equipment 401(k) Plan (NY) 28 · 0 off

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 Gencon, Inc. 401(k) Plan assets move in 2023? ▼

Gencon, Inc. 401(k) Plan grew sharply - up 29.5% during 2023, from $2M to $2M. Reported net income was $529K.

How have Gencon, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Gencon, Inc.'s sponsor-wide assets grew 74.7%, from $2M to $3M.

Which 401(k) plans are similar in size to Gencon, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Kahkwa Club 401(k) Plan in PA ($2M, 38 participants).

Which 401(k) plans cover a similar participant headcount to Gencon, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Direct Urgent Care, Inc. 401(k) Plan in CA (28 participants, $848K 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 462932893.