401(k) · DOL Form 5500 · 2023

O'connell Electric Co. 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
195
Participants Below avg headcount
87th
Percentile by assets National rank
$301,325
Avg per participant High balance/head
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Official DOL plan name: O'connell Electric Company, Inc. 401(k) Profit Sharing Plan · Sponsored by O'connell Electric Co. · New York · Construction

$59M in assets, 195 participants

O'connell Electric Co.'s O'connell Electric Company, Inc. 401(k) Profit Sharing Plan reported $59M in total assets and 195 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,674 in Construction (9,030 peers)

Coverage in New York

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan covers 195 participants in New York, about 24% of the average New York filer (state average ~798 per filing). Assets: $59M.

#7,674
in Construction (9,030 peers)
+18.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

O'connell 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

$58,758,300 Top 13% higher than 87% 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

O'connell Electric Company, Inc. 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. O'connell Electric Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (195 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • O'connell Electric Company, Inc. 401(k) Profit Sharing Plan reported net income rose from -$11M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • O'connell Electric Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $50M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • O'connell Electric Company, Inc. 401(k) Profit Sharing Plan reported participants rose from 188 in the plan year 2022 filing to 195 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 160950645 · O'connell Electric Co. PY 2023 · 401(k)

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan · $59M · 195 · 87th

  • EBSA $59M
  • EBSA 195
  • EBSA 87th
  • EBSA 401(k)
  • EBSA near Gelita USA, Inc. 401(k) Retirement Plan and Trust
  • EBSA ind #7674

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 New York →

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

Ligon Industries 401(k) Retirement PlanLigon Industries 401(k) Reti…$59MO'connell Electric Company, Inc. 401(k) Profit Sharing PlanO'connell Electric Company, …$59MGelita USA, Inc. 401(k) Retirement Plan and TrustGelita USA, Inc. 401(k) Reti…$59MSsw Retirement Savings Plan$59MUniversal Avionics Systems Corporation 401(k) Profit Sharing PlanUniversal Avionics Systems C…$59M
End-of-year total assets ($M) among O'connell Electric Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$59M
Net Income$9M
Employer EIN160950645
Plan Effective Date1993-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (O'connell Electric Co.)

Sponsor-wide plan assets over time

All O'connell Electric Co. plans reported in each filing year

Latest sponsor-wide plan assets
$58M 16.04889727406554% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $49.6M $57.6M ▲ +16.0%
Year Plans Participants Total Assets
2022 1 188 $50M
2023 1 195 $59M
2024 1 198 $58M

Nearby 401(k) Plans in New York

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

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants O'connell Electric Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.0587583 · Participants: 195O'connell Electric Company, Inc. 401(k) Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
O'connell Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare O'connell Electric Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is Gelita USA, Inc. 401(k) Retirement Plan and Trust in IA ($59M); by covered participants it is The Fall River Group, Inc. Employees' 401(k) Profit Sharing Plan in WI (195 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (195 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 O'connell Electric Company, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
O'connell Electric Company, Inc. 401(k) Profit Sharing Plan grew sharply - up 18.4% during 2023, from $50M to $59M. Reported net income was $9M.
How have O'connell Electric Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), O'connell Electric Co.'s sponsor-wide assets grew 16.0%, from $50M to $58M.
Where does O'connell Electric Company, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
O'connell Electric Company, Inc. 401(k) Profit Sharing Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to O'connell Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gelita USA, Inc. 401(k) Retirement Plan and Trust in IA ($59M, 339 participants).
Which 401(k) plans cover a similar participant headcount to O'connell Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Fall River Group, Inc. Employees' 401(k) Profit Sharing Plan in WI (195 participants, $29M 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 160950645.

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.