401(k) · DOL Form 5500 · 2023

Mona Electric Group, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
80
Participants Small participant base
69th
Percentile by assets National rank
$206,374
Avg per participant Above avg balance/head
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Official DOL plan name: Mona Electric Group, Inc. 401(k) Retirement Plan · Sponsored by Mona Electric Group, Inc. · Maryland · Construction

$17M in assets, 80 participants

Mona Electric Group, Inc.'s Mona Electric Group, Inc. 401(k) Retirement Plan reported $17M in total assets and 80 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,110 in Construction (9,030 peers)

Mona Electric Group, Inc. multi-year trail

Mona Electric Group, Inc.'s plans moved +34.9% in assets from 2022 to 2024; this filing shows Mona Electric Group, Inc. 401(k) Retirement Plan at $17M / 80 participants.

#6,110
in Construction (9,030 peers)
+17.3%
assets growth YoY

Mona Electric Group, Inc. 401(k) Retirement Plan's outsized position by total assets

Mona Electric Group, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$16,509,942 Top 31% higher than 69% 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

Mona Electric Group, Inc. 401(k) Retirement 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. Mona Electric Group, Inc. 401(k) Retirement Plan is a small filing (80 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mona Electric Group, Inc. 401(k) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Mona Electric Group, Inc. 401(k) Retirement Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 520846122 · Mona Electric Group, Inc. PY 2023 · 401(k)

Mona Electric Group, Inc. 401(k) Retirement Plan · $17M · 80 · 69th

  • EBSA $17M
  • PART 80
  • TYPE 69th
  • NET 401(k)
  • BOOK near Verity Credit Union 401(k) Plan
  • VS-ST ind #6110

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 Maryland →

Mona Electric Group, Inc. 401(k) Retirement Plan in the asset neighbourhood

Mona Electric Group, Inc. 401(k) Retirement PlanMona Electric Group, Inc. 40…$17MVerity Credit Union 401(k) PlanVerity Credit Union 401(k) P…$17MAbc Nh & Vt Member 401(k) PlanAbc Nh & Vt Member 401(k) Pl…$17MFirst Western Bancshares, Inc. Employee Stock Ownership and 401(k) PlanFirst Western Bancshares, In…$17MAll Star Automotive Group 401(k) Retirement SavingsAll Star Automotive Group 40…$17M
End-of-year total assets ($M) among Mona Electric Group, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mona Electric Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mona Electric Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 34.89570158306093% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $14.1M $19M ▲ +34.9%
Year Plans Participants Total Assets
2022 1 80 $14M
2023 1 80 $17M
2024 1 81 $19M

Mona Electric Group, Inc. filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN520846122
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

Mona Electric Group, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Mona Electric Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.016509942 · Participants: 80Mona Electric Group, Inc. 401(k) Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Mona Electric Group, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Mona Electric Group, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Verity Credit Union 401(k) Plan in WA ($17M); by covered participants it is Environmental Intelligence LLC 401(k) Profit Sharing Plan & Trust in CA (80 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (80 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 Mona Electric Group, Inc. 401(k) Retirement Plan assets move in 2023?
Mona Electric Group, Inc. 401(k) Retirement Plan grew sharply - up 17.3% during 2023, from $14M to $17M. Reported net income was $2M.
How have Mona Electric Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mona Electric Group, Inc.'s sponsor-wide assets grew 34.9%, from $14M to $19M.
Which 401(k) plans are similar in size to Mona Electric Group, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Verity Credit Union 401(k) Plan in WA ($17M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Mona Electric Group, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Environmental Intelligence LLC 401(k) Profit Sharing Plan & Trust in CA (80 participants, N/A in assets).