401(k) · DOL Form 5500 · 2023

Torgeson Electric Co., Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
120
Participants Small participant base
62nd
Percentile by assets National rank
$97,251
Avg per participant Below avg balance/head
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Official DOL plan name: Torgeson Electric Co., Inc. Salary Savings Plan · Sponsored by Torgeson Electric Co., Inc. · Kansas · Construction

$12M in assets, 120 participants

Torgeson Electric Co., Inc.'s Torgeson Electric Co., Inc. Salary Savings Plan reported $12M in total assets and 120 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #5,461 in Construction (9,030 peers)

Coverage in Kansas

Torgeson Electric Co., Inc. Salary Savings Plan covers 120 participants in Kansas, about 33% of the average Kansas filer (state average ~360 per filing). Assets: $12M.

#5,461
in Construction (9,030 peers)
+24.4%
assets growth YoY

Torgeson Electric Co., Inc. Salary Savings Plan's mid-pack asset rank among Construction and all filers

Torgeson Electric Co., Inc. Salary Savings Plan vs every filed plan by assets

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

$11,670,083 Top 38% higher than 62% 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

Torgeson Electric Co., Inc. Salary Savings 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. Torgeson Electric Co., Inc. Salary Savings Plan sits mid-pack in the medium band (120 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Torgeson Electric Co., Inc. Salary Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Torgeson Electric Co., Inc. Salary Savings Plan end-of-year assets rose from $9M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Torgeson Electric Co., Inc. Salary Savings Plan reported participants rose from 118 in the plan year 2022 filing to 120 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 480891707 · Torgeson Electric Co., Inc. PY 2023 · 401(k)

Torgeson Electric Co., Inc. Salary Savings Plan · $12M · 120 · 62nd

  • 5500 $12M
  • ASSETS 120
  • PCT 62nd
  • EIN 401(k)
  • RANK near Island Medical Services Retirement Savings Plan
  • PHOTO ind #5461

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 Kansas →

Torgeson Electric Co., Inc. Salary Savings Plan in the asset neighbourhood

Torgeson Electric Co., Inc. Salary Savings PlanTorgeson Electric Co., Inc. …$12MIsland Medical Services Retirement Savings PlanIsland Medical Services Reti…$12MRadiology Group of Paducah, Psc 401(k)Profit Sharing PlanRadiology Group of Paducah, …$12MShallenberger Construction, Inc. 401(k) Davis Bacon PlanShallenberger Construction, …$12MCrowley Automotive Group 401(k) PlanCrowley Automotive Group 401…$12M
End-of-year total assets ($M) among Torgeson Electric Co., Inc. Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kansas filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN480891707
Plan Effective Date1986-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Torgeson Electric Co., Inc.)

Sponsor-wide plan assets over time

All Torgeson Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 37.445560421292996% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.3M $26.6M ▲ +37.4%
Year Plans Participants Total Assets
2022 2 221 $19M
2023 2 209 $23M
2024 2 226 $27M

Nearby 401(k) Plans in Kansas

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

Torgeson Electric Co., Inc. Salary Savings Plan vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Torgeson Electric Co., Inc. Salary Savings Plan, Total assets ($B): 0.011670083 · Participants: 120Torgeson Electric Co., Inc. Salary Savings PlanKoch Employees' Savings Plan, Total assets ($B): 3.870107696 · Participants: 11911Koch Employees' Savings PlanPerformance Contracting Group, Inc. ESOP/401(k) Plan, Total assets ($B): 2.90283952 · Participants: 1223Performance Contracting Group, Inc. ESOP/401(k) PlanBlack & Veatch Retirement Program, Total assets ($B): 2.732675203 · Participants: 6890Black & Veatch Retirement ProgramGarmin International, Inc. Retirement Plan, Total assets ($B): 1.784810901 · Participants: 6332Garmin International, Inc. Retirement PlanSpirit Aerosystems Holdings, Inc. Retirement & Savings Plan, Total assets ($B): 1.15584277 · Participants: 7704Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan
Torgeson Electric Co., Inc. Salary Savings Plan vs. nearby 401(k) plans in Kansas, assets vs. participants

Torgeson Electric Co., Inc. Salary Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Kansas, the nearest 401(k) by assets is Island Medical Services Retirement Savings Plan in NY ($12M); by covered participants it is Southgroup 401(k) Plan in MS (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 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 Torgeson Electric Co., Inc. Salary Savings Plan assets move in 2023?
Torgeson Electric Co., Inc. Salary Savings Plan grew sharply - up 24.4% during 2023, from $9M to $12M. Reported net income was $2M.
How have Torgeson Electric Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Torgeson Electric Co., Inc.'s sponsor-wide assets grew 37.4%, from $19M to $27M.
Which 401(k) plans are similar in size to Torgeson Electric Co., Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by assets is Island Medical Services Retirement Savings Plan in NY ($12M, 154 participants).
Which 401(k) plans cover a similar participant headcount to Torgeson Electric Co., Inc. Salary Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Southgroup 401(k) Plan in MS (120 participants, $13M in assets).