401(k) · DOL Form 5500 · 2023

S&c Electric Company 401(k) Plan

Data updated 2026-08-11

$2.8B
Total assets
2,564
Participants
100th
Percentile by assets
$1.1M
Avg per participant
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Official DOL plan name: S&c 401(k) Retirement Savings & ESOP · Sponsored by S&c Electric Company · Illinois · Manufacturing

$2.8B in assets, 2,564 participants

S&c Electric Company's S&c 401(k) Retirement Savings & ESOP reported $2.8B in total assets and 2,564 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 127,072 plans)
  • #18,548 in Manufacturing (18,722 peers)

Coverage in Illinois

S&c 401(k) Retirement Savings & ESOP covers 2,564 participants in Illinois, 3.3x the typical Illinois plan (state average ~779 per filing). Assets: $2.8B.

$2.8B
total plan assets (2023 EOY)
2,564
covered participants
100th
percentile by assets (of 127,072 plans)
$1.1M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • S&c 401(k) Retirement Savings & ESOP reported net income rose from $126M in the plan year 2022 filing to $513M in the plan year 2023 filing.
  • S&c 401(k) Retirement Savings & ESOP end-of-year assets rose from $2.3B in the plan year 2022 filing to $2.8B in the plan year 2023 filing.
  • S&c 401(k) Retirement Savings & ESOP reported participants rose from 2,496 in the plan year 2022 filing to 2,564 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. S&c 401(k) Retirement Savings & ESOP reports 2,564 participants - 3.3x that state average ($2.8B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$2.7B
Net Income$513M
Employer EIN361747665
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (S&c Electric Company)

$2.2B$2.4B$2.6B$2.8B$3B 202220232024 $2.34B $2.76B ▲ +17.9%
Total plan assets by year, all S&c Electric Company plans on file
Year Plans Participants Total Assets
2022 1 2,496 $2.3B
2023 1 2,564 $2.8B
2024 1 2,923 $2.8B

Nearby 401(k) Plans in Illinois

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

S&c 401(k) Retirement Savings & ESOP vs. nearby 401(k) plans in Illinois, assets vs. participants

S&c 401(k) Retirement Savings & ESOP vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 05101520 Total assets ($B) Participants S&c 401(k) Retiremen…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
S&c 401(k) Retirement Savings & ESOP vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to S&c 401(k) Retirement Savings & ESOP by total assets, not by location.

Frequently Asked Questions

How did S&c 401(k) Retirement Savings & ESOP assets move in 2023?
S&c 401(k) Retirement Savings & ESOP grew sharply - up 21.7% during 2023, from $2.3B to $2.8B. Reported net income was $513M.
How have S&c Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), S&c Electric Company's sponsor-wide assets grew 18.0%, from $2.3B to $2.8B.
Where does S&c 401(k) Retirement Savings & ESOP rank by assets among Form 5500 filers?
S&c 401(k) Retirement Savings & ESOP ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to S&c 401(k) Retirement Savings & ESOP?
Among 401(k) plans in other states, the closest by assets is Best Buy Retirement Savings Plan in MN ($2.9B, 88,147 participants).

Next read for S&c 401(k) Retirement Savings & ESOP

Filing takeaways

Ways to act on S&c 401(k) Retirement Savings & ESOP's numbers.