401(k) · DOL Form 5500 · 2023

Sprig Electric 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
160
Participants Small participant base
74th
Percentile by assets National rank
$138,657
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sprig Electric 401(k) Plan · Sponsored by Sprig Electric · California · Construction

$22M in assets, 160 participants

Sprig Electric's Sprig Electric 401(k) Plan reported $22M in total assets and 160 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #6,611 in Construction (9,030 peers)

Coverage in California

Sprig Electric 401(k) Plan covers 160 participants in California, about 25% of the average California filer (state average ~630 per filing). Assets: $22M.

#6,611
in Construction (9,030 peers)
+18.6%
assets growth YoY

Sprig Electric 401(k) Plan's outsized position by total assets

Sprig Electric 401(k) Plan vs every filed plan by assets

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

$22,185,125 Top 26% higher than 74% 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

Sprig Electric 401(k) 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. Sprig Electric 401(k) Plan sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sprig Electric 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sprig Electric 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Sprig Electric 401(k) Plan reported participants rose from 153 in the plan year 2022 filing to 160 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 942217239 · Sprig Electric PY 2023 · 401(k)

Sprig Electric 401(k) Plan · $22M · 160 · 74th

  • BOOK $22M
  • BOOK 160
  • BOOK 74th
  • BOOK 401(k)
  • BOOK near Mrb Group Engineering, Architecture, and Surveying, D.P.C. 401(k) Profit Sharing Plan
  • BOOK ind #6611

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 →

Sprig Electric 401(k) Plan in the asset neighbourhood

Sprig Electric 401(k) Plan$22MMrb Group Engineering, Architecture, and Surveying, D.P.C. 401(k) Profit Sharing PlanMrb Group Engineering, Archi…$22MNorthern Clearing 401(k) Plan$22MLake/Flato Architects, Inc. 401(k) Profit Sharing Plan and TrustLake/Flato Architects, Inc. …$22MAssociated Sales & Bag Company 401(k) Savings PlanAssociated Sales & Bag Compa…$22M
End-of-year total assets ($M) among Sprig Electric 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN942217239
Plan Effective Date1996-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sprig Electric)

Sponsor-wide plan assets over time

All Sprig Electric plans reported in each filing year

Latest sponsor-wide plan assets
$25M 31.70279977262065% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $18.7M $24.6M ▲ +31.7%
Year Plans Participants Total Assets
2022 1 153 $19M
2023 1 160 $22M
2024 1 150 $25M

Nearby 401(k) Plans in California

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

Sprig Electric 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Sprig Electric 401(k) Plan, Total assets ($B): 0.022185125 · Participants: 160Sprig Electric 401(k) 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
Sprig Electric 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Sprig Electric 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Mrb Group Engineering, Architecture, and Surveying, D.P.C. 401(k) Profit Sharing Plan in NY ($22M); by covered participants it is 8-Koi, Inc. 401(k) Plan in FL (160 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Sprig Electric 401(k) Plan assets move in 2023?
Sprig Electric 401(k) Plan grew sharply - up 18.6% during 2023, from $19M to $22M. Reported net income was $3M.
How have Sprig Electric plan assets changed over time?
Across 3 plan years on file (2022-2024), Sprig Electric's sponsor-wide assets grew 31.7%, from $19M to $25M.
Which 401(k) plans are similar in size to Sprig Electric 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mrb Group Engineering, Architecture, and Surveying, D.P.C. 401(k) Profit Sharing Plan in NY ($22M, 167 participants).
Which 401(k) plans cover a similar participant headcount to Sprig Electric 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is 8-Koi, Inc. 401(k) Plan in FL (160 participants, $2M in assets).