401(k) · DOL Form 5500 · 2023

Michael J. Connolly & Sons, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
277
Participants Below avg headcount
44th
Percentile by assets National rank
$17,877
Avg per participant Low balance/head
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Official DOL plan name: Connollys 401(k) Retirement Plan · Sponsored by Michael J. Connolly & Sons, Inc. · Massachusetts · Transportation & Warehousing

$5M in assets, 277 participants

Michael J. Connolly & Sons, Inc.'s Connollys 401(k) Retirement Plan reported $5M in total assets and 277 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

  • #1,482 in Transportation & Warehousing (3,362 peers)

Coverage in Massachusetts

Connollys 401(k) Retirement Plan covers 277 participants in Massachusetts, about 42% of the average Massachusetts filer (state average ~659 per filing). Assets: $5M.

#1,482
in Transportation & Warehousing (3,362 peers)
+18.1%
assets growth YoY

Connollys 401(k) Retirement Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Connollys 401(k) Retirement Plan vs every filed plan by assets

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

$4,951,806 44th percentile higher than 44% 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

Connollys 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Connollys 401(k) Retirement Plan sits mid-pack in the medium band (277 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Connollys 401(k) Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $758K in the plan year 2023 filing.
  • Connollys 401(k) Retirement Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Connollys 401(k) Retirement Plan reported participants fell from 299 in the plan year 2022 filing to 277 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 042268908 · Michael J. Connolly & Sons, Inc. PY 2023 · 401(k)

Connollys 401(k) Retirement Plan · $5M · 277 · 44th

  • IND $5M
  • IND 277
  • IND 44th
  • IND 401(k)
  • IND near Home Office, LLC 401(k) Plan
  • IND ind #1482

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 Transportation & Warehousing retirement plans → · Plans in Massachusetts →

Connollys 401(k) Retirement Plan in the asset neighbourhood

Connollys 401(k) Retirement PlanConnollys 401(k) Retirement …$5MHome Office, LLC 401(k) Plan$5MTomatoes Extraordinaire, Inc. 401(k) PlanTomatoes Extraordinaire, Inc…$5MMader Corporation 401(k)$5MValue Vinyls Inc. 401(k) Plan$5M
End-of-year total assets ($M) among Connollys 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$758K
Employer EIN042268908
Plan Effective Date2002-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michael J. Connolly & Sons, Inc.)

Sponsor-wide plan assets over time

All Michael J. Connolly & Sons, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 16.588551570388827% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.19M $4.89M ▲ +16.7%
Year Plans Participants Total Assets
2022 1 299 $4M
2023 1 277 $5M
2024 1 282 $5M

Nearby 401(k) Plans in Massachusetts

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

Connollys 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Connollys 401(k) Retirement Plan, Total assets ($B): 0.004951806 · Participants: 277Connollys 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Connollys 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Connollys 401(k) Retirement Plan side-by-side with 3 peers →

Connollys 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Home Office, LLC 401(k) Plan in AR ($5M); by covered participants it is Onin Group 401(k) Plan in AL (277 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (277 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 Connollys 401(k) Retirement Plan assets move in 2023? ▼
Connollys 401(k) Retirement Plan grew sharply - up 18.1% during 2023, from $4M to $5M. Reported net income was $758K.
How have Michael J. Connolly & Sons, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michael J. Connolly & Sons, Inc.'s sponsor-wide assets grew 16.6%, from $4M to $5M.
Which 401(k) plans are similar in size to Connollys 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Home Office, LLC 401(k) Plan in AR ($5M, 357 participants).
Which 401(k) plans cover a similar participant headcount to Connollys 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Onin Group 401(k) Plan in AL (277 participants, $3M 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 042268908.

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.