401(k) · DOL Form 5500 · 2023

Valley Electric Company of Mt. Vernon 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
92
Participants Small participant base
67th
Percentile by assets National rank
$164,345
Avg per participant Above avg balance/head
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Official DOL plan name: Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan · Sponsored by Valley Electric Company of Mt. Vernon · Washington · Construction

$15M in assets, 92 participants

Valley Electric Company of Mt. Vernon's Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan reported $15M in total assets and 92 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #5,959 in Construction (9,030 peers)

Valley Electric Company of Mt. Vernon multi-year trail

Valley Electric Company of Mt. Vernon's plans moved +37.2% in assets from 2022 to 2024; this filing shows Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan at $15M / 92 participants.

#5,959
in Construction (9,030 peers)
+22.3%
assets growth YoY

Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan's outsized position by total assets

Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan vs every filed plan by assets

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

$15,119,714 Top 33% higher than 67% 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

Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing 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. Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan is a small filing (92 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan reported participants fell from 94 in the plan year 2022 filing to 92 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 911275610 · Valley Electric Company of Mt. Vernon PY 2023 · 401(k)

Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan · $15M · 92 · 67th

  • RANK $15M
  • PHOTO 92
  • IND 67th
  • EOY 401(k)
  • 5500 near People Incorporated Retirement Savings Plan
  • ASSETS ind #5959

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 Washington →

Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan in the asset neighbourhood

Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing PlanValley Electric Co. of Mt. V…$15MPeople Incorporated Retirement Savings PlanPeople Incorporated Retireme…$15MTwo's Company, Inc. 401(k) Profit Sharing PlanTwo's Company, Inc. 401(k) P…$15MAl Baumann Chevrolet Buick, Inc. 401(k) PlanAl Baumann Chevrolet Buick, …$15MSenior Star Management Company 401(k) PlanSenior Star Management Compa…$15M
End-of-year total assets ($M) among Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Valley Electric Company of Mt. Vernon multi-year asset trail

Sponsor-wide plan assets over time

All Valley Electric Company of Mt. Vernon plans reported in each filing year

Latest sponsor-wide plan assets
$17M 37.2022821717704% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $12.4M $17M ▲ +37.2%
Year Plans Participants Total Assets
2022 1 94 $12M
2023 1 92 $15M
2024 1 105 $17M

Valley Electric Company of Mt. Vernon filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN911275610
Plan Effective Date1991-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Washington

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

Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan, Total assets ($B): 0.015119714 · Participants: 92Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan side-by-side with 3 peers →

Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is People Incorporated Retirement Savings Plan in MN ($15M); by covered participants it is Melanson, P.C. 401(k) Plan in NH (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 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 Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan assets move in 2023? ▼
Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan grew sharply - up 22.3% during 2023, from $12M to $15M. Reported net income was $3M.
How have Valley Electric Company of Mt. Vernon plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Valley Electric Company of Mt. Vernon's sponsor-wide assets grew 37.2%, from $12M to $17M.
Which 401(k) plans are similar in size to Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is People Incorporated Retirement Savings Plan in MN ($15M, 645 participants).
Which 401(k) plans cover a similar participant headcount to Valley Electric Co. of Mt. Vernon 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Melanson, P.C. 401(k) Plan in NH (92 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 911275610.

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.