401(k) · DOL Form 5500 · 2023

Quanta Services Inc. 401(k) Plan

Data updated 2026-08-11

$1.8B
Total assets
30,951
Participants
99th
Percentile by assets
$57,457
Avg per participant
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Official DOL plan name: Quanta Services, Inc. 401(k) Savings Plan · Sponsored by Quanta Services Inc. · Texas · Construction

$1.8B in assets, 30,951 participants

Quanta Services Inc.'s Quanta Services, Inc. 401(k) Savings Plan reported $1.8B in total assets and 30,951 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,970 in Construction (9,030 peers)

Coverage in Texas

Quanta Services, Inc. 401(k) Savings Plan covers 30,951 participants in Texas, 45x the typical Texas plan (state average ~688 per filing). Assets: $1.8B.

$1.8B
total plan assets (2023 EOY)
30,951
covered participants
99th
percentile by assets (of 127,072 plans)
$57,457
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Quanta Services, Inc. 401(k) Savings Plan reported net income rose from -$183M in the plan year 2022 filing to $376M in the plan year 2023 filing.
  • Quanta Services, Inc. 401(k) Savings Plan end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.8B in the plan year 2023 filing.
  • Quanta Services, Inc. 401(k) Savings Plan reported participants rose from 27,082 in the plan year 2022 filing to 30,951 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Quanta Services, Inc. 401(k) Savings Plan reports 30,951 participants - 45x that state average ($1.8B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.8B
Net Income$376M
Employer EIN742851603
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quanta Services Inc.)

$1B$1.5B$2B$2.5B 202220232024 $1.4B $2.2B ▲ +57.1%
Total plan assets by year, all Quanta Services Inc. plans on file
Year Plans Participants Total Assets
2022 1 27,082 $1.4B
2023 1 30,951 $1.8B
2024 1 37,369 $2.2B

Nearby 401(k) Plans in Texas

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

Quanta Services, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Quanta Services, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Quanta Services, Inc…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Quanta Services, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Quanta Services, Inc. 401(k) Savings Plan

Quanta Services, Inc. 401(k) Savings Plan reports $1.8B in end-of-year assets across 30,951 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.033% of 93,925,755 covered participants) - about $57,457 per participant (42% of the national average assets-per-participant) . Net income for plan year 2023 was $376M.

This plan identity (EIN 742851603, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $2.2B (+57.0%) while covered participants moved from 27,082 to 37,369 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 27,082 $1.4B Open filing
2023 30,951 $1.8B This page
2024 · index core 37,369 $2.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Quanta Services, Inc. 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Quanta Services, Inc. 401(k) Savings Plan assets move in 2023?
Quanta Services, Inc. 401(k) Savings Plan grew sharply - up 26.9% during 2023, from $1.4B to $1.8B. Reported net income was $376M.
How have Quanta Services Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Quanta Services Inc.'s sponsor-wide assets grew 57.0%, from $1.4B to $2.2B.
Where does Quanta Services, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Quanta Services, Inc. 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Quanta Services, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Invesco 401(k) Plan in GA ($1.8B, 3,371 participants).

Next read for Quanta Services, Inc. 401(k) Savings Pla…

Filing takeaways

Ways to act on Quanta Services, Inc. 401(k) Savings Plan's numbers.