401(k) · DOL Form 5500 · 2023

Achates Power, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
34
Participants Small participant base
60th
Percentile by assets National rank
$311,965
Avg per participant High balance/head
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Official DOL plan name: Achates Power, Inc. 401(k) Plan · Sponsored by Achates Power, Inc. · California · Professional & Technical Services

$11M in assets, 34 participants

Achates Power, Inc.'s Achates Power, Inc. 401(k) Plan reported $11M in total assets and 34 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #11,914 in Professional & Technical Services (20,321 peers)

Achates Power, Inc. multi-year trail

Achates Power, Inc.'s plans moved +25.1% in assets from 2022 to 2024; this filing shows Achates Power, Inc. 401(k) Plan at $11M / 34 participants.

#11,914
in Professional & Technical Services (20,321 peers)
+28.3%
assets growth YoY

Achates Power, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

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

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

$10,606,794 Top 40% higher than 60% 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

Achates Power, 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. Achates Power, Inc. 401(k) Plan is a small filing (34 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Achates Power, Inc. 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Achates Power, Inc. 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Achates Power, Inc. 401(k) Plan reported participants fell from 41 in the plan year 2022 filing to 34 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 260660133 · Achates Power, Inc. PY 2023 · 401(k)

Achates Power, Inc. 401(k) Plan · $11M · 34 · 60th

  • NET $11M
  • NET 34
  • NET 60th
  • NET 401(k)
  • NET near Magnitude 7 Metals 401(k) Plan
  • NET ind #11914

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 Professional & Technical Services retirement plans → · Plans in California →

Achates Power, Inc. 401(k) Plan in the asset neighbourhood

Achates Power, Inc. 401(k) PlanAchates Power, Inc. 401(k) P…$11MMagnitude 7 Metals 401(k) PlanMagnitude 7 Metals 401(k) Pl…$11MMorgan Foods Retiree Medical 401(k) Savings PlanMorgan Foods Retiree Medical…$11MWeston Buick Gmc, Inc. 401(k) PlanWeston Buick Gmc, Inc. 401(k…$11MTrocaire College 401(k) Retirement Savings PlanTrocaire College 401(k) Reti…$11M
End-of-year total assets ($M) among Achates Power, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Achates Power, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Achates Power, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 25.08219385826303% vs 2022
2024 filing year
$8M$9M$10M$11M 202220232024 $8.27M $10.3M ▲ +25.0%
Year Plans Participants Total Assets
2022 1 41 $8M
2023 1 34 $11M
2024 1 33 $10M

Achates Power, Inc. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN260660133
Plan Effective Date2004-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Achates Power, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Achates Power, Inc. 401(k) Plan, Total assets ($B): 0.010606794 · Participants: 34Achates Power, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Achates Power, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Achates Power, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Magnitude 7 Metals 401(k) Plan in MO ($11M); by covered participants it is Trumbull Campbell Associates, Inc. 401(k) Plan in MA (34 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (34 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 Achates Power, Inc. 401(k) Plan assets move in 2023? ▼
Achates Power, Inc. 401(k) Plan grew sharply - up 28.3% during 2023, from $8M to $11M. Reported net income was $2M.
How have Achates Power, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Achates Power, Inc.'s sponsor-wide assets grew 25.1%, from $8M to $10M.
Which 401(k) plans are similar in size to Achates Power, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Magnitude 7 Metals 401(k) Plan in MO ($11M, 549 participants).
Which 401(k) plans cover a similar participant headcount to Achates Power, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Trumbull Campbell Associates, Inc. 401(k) Plan in MA (34 participants, N/A 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 260660133.

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.