Other · DOL Form 5500 · 2023

Adec, Inc. Retirement Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
247
Participants Below avg headcount
41st
Percentile by assets National rank
$16,961
Avg per participant Low balance/head
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Official DOL plan name: Adec Retirement Plan · Sponsored by Adec, Inc. · Indiana · Other Services

$4M in assets, 247 participants

Adec, Inc.'s Adec Retirement Plan reported $4M in total assets and 247 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #5,004 in Other Services (7,857 peers)

Coverage in Indiana

Adec Retirement Plan covers 247 participants in Indiana, about 46% of the average Indiana filer (state average ~541 per filing). Assets: $4M.

#5,004
in Other Services (7,857 peers)
+3.7%
assets growth YoY

Adec Retirement Plan's mid-pack asset rank among Other Services and all filers

Adec Retirement Plan vs every filed plan by assets

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

$4,189,465 41st percentile higher than 41% 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

Adec Retirement 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. Adec Retirement Plan sits mid-pack in the medium band (247 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Adec Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $149K in the plan year 2023 filing.
  • Adec Retirement Plan reported participants fell from 268 in the plan year 2022 filing to 247 in the plan year 2023 filing.
  • Adec Retirement Plan end-of-year assets rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 351060633 · Adec, Inc. PY 2023 · Other

Adec Retirement Plan · $4M · 247 · 41st

  • TYPE $4M
  • TYPE 247
  • TYPE 41st
  • TYPE Other
  • TYPE near The Bower Foundation, Inc. Retirement Plan
  • TYPE ind #5004

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 Other Services retirement plans → · Plans in Indiana →

Adec Retirement Plan in the asset neighbourhood

Adec Retirement Plan$4MThe Bower Foundation, Inc. Retirement PlanThe Bower Foundation, Inc. R…$4MMontverde Academy Tda Plan$4MLa Causa Inc. Retirement Savings PlanLa Causa Inc. Retirement Sav…$4MThe Mary Wade Home, Inc. 403(b) Savings PlanThe Mary Wade Home, Inc. 403…$4M
End-of-year total assets ($M) among Adec Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$149K
Employer EIN351060633
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adec, Inc.)

Sponsor-wide plan assets over time

All Adec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 18.50156586985277% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $4.04M $4.79M ▲ +18.6%
Year Plans Participants Total Assets
2022 1 268 $4M
2023 1 247 $4M
2024 1 302 $5M

Nearby Other Plans in Indiana

Peer Other plans, same state, same plan type, ranked by total assets.

Adec Retirement Plan vs. nearby Other plans in Indiana, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -20002004006008001000 Total assets ($M) Participants Adec Retirement Plan, Total assets ($M): 4.189465 · Participants: 247Adec Retirement PlanParkview Health System, Inc. 403(b) Plan, Total assets ($M): 787.127482 · Participants: 16096Parkview Health System, Inc. 403(b) PlanBeacon Retirement Savings 403(b) Plan, Total assets ($M): 602.754736 · Participants: 7172Beacon Retirement Savings 403(b) PlanIci Multiple Employer Plan, Total assets ($M): 448.507754 · Participants: 2656Ici Multiple Employer PlanCommunity Foundation of Northwest Indiana 403(b) Retirement Plan, Total assets ($M): 391.056673 · Participants: 7567Community Foundation of Northwest Indiana 403(b) Retirement PlanButler University Retirement Plan, Total assets ($M): 343.073559 · Participants: 3137Butler University Retirement Plan
Adec Retirement Plan vs. nearby Other plans in Indiana, assets vs. participants
Compare Adec Retirement Plan side-by-side with 3 peers →

Adec Retirement Plan's out-of-state Other peers by assets and headcount

Outside Indiana, the nearest Other by assets is The Bower Foundation, Inc. Retirement Plan in MS ($4M); by covered participants it is Employee Benefit Plan of Mobridge Regional Hospital in SD (247 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (247 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 Adec Retirement Plan assets move in 2023? ▼
Adec Retirement Plan edged up modestly - up 3.7% during 2023, from $4M to $4M. Reported net income was $149K.
How have Adec, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Adec, Inc.'s sponsor-wide assets grew 18.5%, from $4M to $5M.
Which Other plans are similar in size to Adec Retirement Plan? ▼
Among Other plans in other states, the closest by assets is The Bower Foundation, Inc. Retirement Plan in MS ($4M, 4 participants).
Which Other plans cover a similar participant headcount to Adec Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is Employee Benefit Plan of Mobridge Regional Hospital in SD (247 participants, $19M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 351060633.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.