401(k) · DOL Form 5500 · 2023

Young Electric Co. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
21
Participants Small participant base
47th
Percentile by assets National rank
$268,574
Avg per participant High balance/head
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Official DOL plan name: Young Electric Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Young Electric Co. · California · Construction

$6M in assets, 21 participants

Young Electric Co.'s Young Electric Company, Inc. 401(k) Profit Sharing Plan reported $6M in total assets and 21 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #4,050 in Construction (9,030 peers)

What the 2023 filing shows

Young Electric Company, Inc. 401(k) Profit Sharing Plan holds $6M for 21 participants - about $268,574 per participant, in the lower half of filed plans by assets.

#4,050
in Construction (9,030 peers)
+7.3%
assets growth YoY

Young Electric Company, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Young Electric Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$5,640,047 47th percentile higher than 47% 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

Young Electric Company, Inc. 401(k) Profit Sharing 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. Young Electric Company, Inc. 401(k) Profit Sharing Plan is a small filing (21 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Young Electric Company, Inc. 401(k) Profit Sharing Plan reported net income rose from -$658K in the plan year 2022 filing to $386K in the plan year 2023 filing.
  • Young Electric Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Young Electric Company, Inc. 401(k) Profit Sharing Plan reported participants fell from 22 in the plan year 2022 filing to 21 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 942580901 · Young Electric Co. PY 2023 · 401(k)

Young Electric Company, Inc. 401(k) Profit Sharing Plan · $6M · 21 · 47th

  • IND $6M
  • EOY 21
  • 5500 47th
  • ASSETS 401(k)
  • PCT near Solotech U.S. Corporation 401(k) Plan
  • EIN ind #4050

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 California →

Young Electric Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Young Electric Company, Inc. 401(k) Profit Sharing PlanYoung Electric Company, Inc.…$6MSolotech U.S. Corporation 401(k) PlanSolotech U.S. Corporation 40…$6MBest Press/Ussery 401(k) Savings PlanBest Press/Ussery 401(k) Sav…$6MTw Vending Inc. 401(k) Profit Sharing Plan and TrustTw Vending Inc. 401(k) Profi…$6MZivko Psp$6M
End-of-year total assets ($M) among Young Electric Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$386K
Employer EIN942580901
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Young Electric Co.)

Sponsor-wide plan assets over time

All Young Electric Co. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 7.089292970047264% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $5.25M $4.88M ▼ -7.0%
Year Plans Participants Total Assets
2022 1 22 $5M
2023 1 21 $6M
2024 1 19 $5M

Nearby 401(k) Plans in California

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

Young Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Young Electric Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.005640047 · Participants: 21Young Electric Company, Inc. 401(k) Profit Sharing 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
Young Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Young Electric Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Young Electric Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Solotech U.S. Corporation 401(k) Plan in FL ($6M); by covered participants it is Pulmonary & Sleep Medicine Associates 401(k) Profit Sharing Plan in GA (21 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (21 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 Young Electric Company, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Young Electric Company, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 7.3% during 2023, from $5M to $6M. Reported net income was $386K.
How have Young Electric Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Young Electric Co.'s sponsor-wide assets declined 7.1%, from $5M to $5M.
Which 401(k) plans are similar in size to Young Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Solotech U.S. Corporation 401(k) Plan in FL ($6M, 516 participants).
Which 401(k) plans cover a similar participant headcount to Young Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pulmonary & Sleep Medicine Associates 401(k) Profit Sharing Plan in GA (21 participants, $10M 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 942580901.

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.