401(k) · DOL Form 5500 · 2023

Prime Electrical Services, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
135
Participants Small participant base
35th
Percentile by assets National rank
$21,155
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Prime Electrical 401(k) Profit Sharing Plan · Sponsored by Prime Electrical Services, Inc. · California · Construction

$3M in assets, 135 participants

Prime Electrical Services, Inc.'s Prime Electrical 401(k) Profit Sharing Plan reported $3M in total assets and 135 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #2,973 in Construction (9,030 peers)

Coverage in California

Prime Electrical 401(k) Profit Sharing Plan covers 135 participants in California, about 21% of the average California filer (state average ~630 per filing). Assets: $3M.

#2,973
in Construction (9,030 peers)
+26.3%
assets growth YoY

Prime Electrical 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Prime Electrical 401(k) Profit Sharing Plan vs every filed plan by assets

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

$2,855,880 35th percentile higher than 35% 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

Prime Electrical 401(k) Profit Sharing 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. Prime Electrical 401(k) Profit Sharing Plan sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Prime Electrical 401(k) Profit Sharing Plan reported net income rose from -$60K in the plan year 2022 filing to $594K in the plan year 2023 filing.
  • Prime Electrical 401(k) Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Prime Electrical 401(k) Profit Sharing Plan reported participants rose from 114 in the plan year 2022 filing to 135 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 710912205 · Prime Electrical Services, Inc. PY 2023 · 401(k)

Prime Electrical 401(k) Profit Sharing Plan · $3M · 135 · 35th

  • TYPE $3M
  • NET 135
  • BOOK 35th
  • VS-ST 401(k)
  • BOY near Grand Lodge of Iowa 401(k) Retirement Plan
  • SCH ind #2973

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 →

Prime Electrical 401(k) Profit Sharing Plan in the asset neighbourhood

Prime Electrical 401(k) Profit Sharing PlanPrime Electrical 401(k) Prof…$3MGrand Lodge of Iowa 401(k) Retirement PlanGrand Lodge of Iowa 401(k) R…$3MClub Cal Neva 401(k) Plan$3MVenus Concept USA 401(k) Plan$3MLumber Industries, Inc. and Brittingham, Inc. Profit Sharing PlanLumber Industries, Inc. and …$3M
End-of-year total assets ($M) among Prime Electrical 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$594K
Employer EIN710912205
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Prime Electrical Services, Inc.)

Sponsor-wide plan assets over time

All Prime Electrical Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 69.18387406136961% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M$4M 202220232024 $2.26M $3.83M ▲ +69.5%
Year Plans Participants Total Assets
2022 1 114 $2M
2023 1 135 $3M
2024 1 142 $4M

Nearby 401(k) Plans in California

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

Prime Electrical 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 ($B) Participants Prime Electrical 401(k) Profit Sharing Plan, Total assets ($B): 0.00285588 · Participants: 135Prime Electrical 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
Prime Electrical 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Prime Electrical 401(k) Profit Sharing Plan side-by-side with 3 peers →

Prime Electrical 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 Grand Lodge of Iowa 401(k) Retirement Plan in IA ($3M); by covered participants it is Seven Hills Ob-Gyn Associates, Inc. Profit Sharing Plan in NJ (135 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (135 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 Prime Electrical 401(k) Profit Sharing Plan assets move in 2023? ▼
Prime Electrical 401(k) Profit Sharing Plan grew sharply - up 26.3% during 2023, from $2M to $3M. Reported net income was $594K.
How have Prime Electrical Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Prime Electrical Services, Inc.'s sponsor-wide assets grew 69.2%, from $2M to $4M.
Which 401(k) plans are similar in size to Prime Electrical 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Grand Lodge of Iowa 401(k) Retirement Plan in IA ($3M, 80 participants).
Which 401(k) plans cover a similar participant headcount to Prime Electrical 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Seven Hills Ob-Gyn Associates, Inc. Profit Sharing Plan in NJ (135 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 710912205.

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.