401(k) · DOL Form 5500 · 2023

Olsson Industrial Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
315
Participants Below avg headcount
84th
Percentile by assets National rank
$133,882
Avg per participant Near avg balance/head
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Official DOL plan name: Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan · Sponsored by Olsson Industrial Electric, Inc. · Oregon · Construction

$42M in assets, 315 participants

Olsson Industrial Electric, Inc.'s Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan reported $42M in total assets and 315 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,373 in Construction (9,030 peers)

Where Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan sits by assets

Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan sits in the top quartile of all filed plans by assets, $42M for 315 participants (~$133,882/participant), up 25.2% in 2023.

#7,373
in Construction (9,030 peers)
+25.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan's outsized position by total assets

Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$42,172,790 Top 16% higher than 84% 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

Olsson Industrial Electric, Inc. Profit Sharing and 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. Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan sits mid-pack in the medium band (315 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan end-of-year assets rose from $34M in the plan year 2022 filing to $42M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 930826848 · Olsson Industrial Electric, Inc. PY 2023 · 401(k)

Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan · $42M · 315 · 84th

  • ASSETS $42M
  • ASSETS 315
  • ASSETS 84th
  • ASSETS 401(k)
  • ASSETS near Huron Casting, Inc., Axis, Aci, Bdsc, Bcm, Brne 401(k) Plan
  • ASSETS ind #7373

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 Oregon →

Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan in the asset neighbourhood

Hooper Corporation Retirement PlanHooper Corporation Retiremen…$42MOlsson Industrial Electric, Inc. Profit Sharing and 401(k) PlanOlsson Industrial Electric, …$42MHuron Casting, Inc., Axis, Aci, Bdsc, Bcm, Brne 401(k) PlanHuron Casting, Inc., Axis, A…$42MAtl Hawks LLC 401(k) Retirement PlanAtl Hawks LLC 401(k) Retirem…$42MRosen USA 401(k) Plan$42M
End-of-year total assets ($M) among Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$42M
Net Income$9M
Employer EIN930826848
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Olsson Industrial Electric, Inc.)

Sponsor-wide plan assets over time

All Olsson Industrial Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$52M 55.72357420839068% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $33.7M $52.4M ▲ +55.7%
Year Plans Participants Total Assets
2022 1 315 $34M
2023 1 315 $42M
2024 1 351 $52M

Nearby 401(k) Plans in Oregon

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

Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -202468 Total assets ($B) Participants Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan, Total assets ($B): 0.04217279 · Participants: 315Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc., Total assets ($B): 5.902107007 · Participants: 40345401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc.Daimler Truck North America, L.L.C. Employee Retirement Savings Plan, Total assets ($B): 2.354402812 · Participants: 8353Daimler Truck North America, L.L.C. Employee Retirement Savings PlanPrecision Castparts Corp. 401(k) Retirement Savings Plan, Total assets ($B): 2.192492885 · Participants: 16687Precision Castparts Corp. 401(k) Retirement Savings PlanXpo Logistics Retirement Savings Plan, Total assets ($B): 1.809963509 · Participants: 6189Xpo Logistics Retirement Savings PlanPacificorp K Plus Employee Savings Plan, Total assets ($B): 1.59531627 · Participants: 4968Pacificorp K Plus Employee Savings Plan
Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants

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

Outside Oregon, the nearest 401(k) by assets is Huron Casting, Inc., Axis, Aci, Bdsc, Bcm, Brne 401(k) Plan in MI ($42M); by covered participants it is Surefire, LLC 401(k) Plan in CA (315 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (315 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 Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan assets move in 2023?
Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan grew sharply - up 25.2% during 2023, from $34M to $42M. Reported net income was $9M.
How have Olsson Industrial Electric, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Olsson Industrial Electric, Inc.'s sponsor-wide assets grew 55.7%, from $34M to $52M.
Where does Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers?
Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan ranks in the 84th 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 Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Huron Casting, Inc., Axis, Aci, Bdsc, Bcm, Brne 401(k) Plan in MI ($42M, 937 participants).
Which 401(k) plans cover a similar participant headcount to Olsson Industrial Electric, Inc. Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Surefire, LLC 401(k) Plan in CA (315 participants, $20M in assets).