401(k) · DOL Form 5500 · 2023
New England Utility Constructors, Inc. 401(k) Plan
Data updated 2026-08-25
- $51M
- Total assets Below avg plan size
- 372
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $136,592
- Avg per participant Near avg balance/head
Official DOL plan name: New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan · Sponsored by New England Utility Constructors, Inc. · Massachusetts · Construction
$51M in assets, 372 participants
New England Utility Constructors, Inc.'s New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan reported $51M in total assets and 372 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.
- #7,550 in Construction (9,030 peers)
Where New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan sits by assets
New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan sits in the top quartile of all filed plans by assets, $51M for 372 participants (~$136,592/participant), up 7.7% in 2023.
- #7,550
- in Construction (9,030 peers)
- +7.7%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan's outsized position by total assets
New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$50,812,191 Top 14% higher than 86% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
New England Utility Constructors, 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. New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan sits mid-pack in the medium band (372 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan reported net income rose from -$9M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan end-of-year assets rose from $47M in the plan year 2022 filing to $51M in the plan year 2023 filing.
- New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan reported participants fell from 382 in the plan year 2022 filing to 372 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 042512786 · New England Utility Constructors, Inc. PY 2023 · 401(k)
New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan · $51M · 372 · 86th
- ASSETS $51M
- ASSETS 372
- ASSETS 86th
- ASSETS 401(k)
- ASSETS near Wng 401(k) Plan
- ASSETS ind #7550
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 Massachusetts →
New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $47M |
|---|---|
| Net Assets (End of Year) | $51M |
| Net Income | $4M |
| Employer EIN | 042512786 |
| Plan Effective Date | 2003-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New England Utility Constructors, Inc.)
Sponsor-wide plan assets over time
All New England Utility Constructors, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $56M 19.197767439825363% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 382 | $47M |
| 2023 | 1 | 372 | $51M |
| 2024 | 1 | 354 | $56M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
New England Utility Constructors, Inc. 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Wng 401(k) Plan in CA ($51M); by covered participants it is Home Federal Bank of Tennessee 401(k) Profit Sharing Plan in TN (372 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($51M here).
- Wng 401(k) Plan (CA) $51M · 868
- Savings Plan of the Connecticut Water Company (CT) $51M · 303
- Community Care, Inc. 401(k) Plan (WI) $51M · 951
- Guthy-Renker Ventures, LLC 401(k) Plan (CA) $51M · 398
Similar participant headcount
Nearest other-state filings by covered participants (372 participants); asset peers above are excluded.
- Home Federal Bank of Tennessee 401(k) Profit Sharing Plan (TN) 372 · 0 off
- U. S. Engineering Company Holdings 401(k) Profit Sharing Plan & Trust (MO) 372 · 0 off
- Acer America Corporation 401(k) Plan (CA) 372 · 0 off
- Marine Spill Response Corporation 401(k) Profit Sharing Thrift Savings Plan (VA) 372 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.