401(k) · DOL Form 5500 · 2023

New River Electrical Corporation 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
125
Participants Small participant base
70th
Percentile by assets National rank
$137,670
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: New River Electrical Corporation Retirement Savings Plan · Sponsored by New River Electrical Corporation · Virginia · Construction

$17M in assets, 125 participants

New River Electrical Corporation's New River Electrical Corporation Retirement Savings Plan reported $17M in total assets and 125 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #6,186 in Construction (9,030 peers)

Coverage in Virginia

New River Electrical Corporation Retirement Savings Plan covers 125 participants in Virginia, about 16% of the average Virginia filer (state average ~782 per filing). Assets: $17M.

#6,186
in Construction (9,030 peers)
+24.4%
assets growth YoY

New River Electrical Corporation Retirement Savings Plan's outsized position by total assets

New River Electrical Corporation Retirement Savings Plan vs every filed plan by assets

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

$17,208,803 Top 30% higher than 70% 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

New River Electrical Corporation Retirement Savings 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. New River Electrical Corporation Retirement Savings Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New River Electrical Corporation Retirement Savings Plan reported net income rose from -$752K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • New River Electrical Corporation Retirement Savings Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • New River Electrical Corporation Retirement Savings Plan reported participants rose from 118 in the plan year 2022 filing to 125 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 540562496 · New River Electrical Corporation PY 2023 · 401(k)

New River Electrical Corporation Retirement Savings Plan · $17M · 125 · 70th

  • ASSETS $17M
  • ASSETS 125
  • ASSETS 70th
  • ASSETS 401(k)
  • ASSETS near Skidata, Inc. 401(k) Plan
  • ASSETS ind #6186

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 Virginia →

New River Electrical Corporation Retirement Savings Plan in the asset neighbourhood

New River Electrical Corporation Retirement Savings PlanNew River Electrical Corpora…$17MSkidata, Inc. 401(k) Plan$17MAtmosphere Group, Inc. Tax Deferred PlanAtmosphere Group, Inc. Tax D…$17MNason, Yeager, Gerson, Harris & Fumero, P.a. 401(k) PlanNason, Yeager, Gerson, Harri…$17MMeetings & Incentives Worldwide, Inc. 401(k) P/S PlanMeetings & Incentives Worldw…$17M
End-of-year total assets ($M) among New River Electrical Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN540562496
Plan Effective Date1993-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New River Electrical Corporation)

Sponsor-wide plan assets over time

All New River Electrical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$398M 32.11984823874877% vs 2022
2024 filing year
$250M$300M$350M$400M$450M 202220232024 $301M $398M ▲ +32.1%
Year Plans Participants Total Assets
2022 2 542 $301M
2023 2 569 $338M
2024 2 586 $398M

Nearby 401(k) Plans in Virginia

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

New River Electrical Corporation Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants New River Electrical Corporation Retirement Savings Plan, Total assets ($B): 0.017208803 · Participants: 125New River Electrical Corporation Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
New River Electrical Corporation Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare New River Electrical Corporation Retirement Savings Plan side-by-side with 3 peers →

New River Electrical Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Skidata, Inc. 401(k) Plan in AZ ($17M); by covered participants it is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 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 New River Electrical Corporation Retirement Savings Plan assets move in 2023? ▼
New River Electrical Corporation Retirement Savings Plan grew sharply - up 24.4% during 2023, from $14M to $17M. Reported net income was $3M.
How have New River Electrical Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New River Electrical Corporation's sponsor-wide assets grew 32.1%, from $301M to $398M.
Which 401(k) plans are similar in size to New River Electrical Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Skidata, Inc. 401(k) Plan in AZ ($17M, 167 participants).
Which 401(k) plans cover a similar participant headcount to New River Electrical Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 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 540562496.

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.