401(k) · DOL Form 5500 · 2023

Spatco Energy Solutions, LLC 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
589
Participants Below avg headcount
79th
Percentile by assets National rank
$50,450
Avg per participant Low balance/head
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Official DOL plan name: Spatco Energy Solutions 401(k) Plan · Sponsored by Spatco Energy Solutions, LLC · North Carolina · Manufacturing

$30M in assets, 589 participants

Spatco Energy Solutions, LLC's Spatco Energy Solutions 401(k) Plan reported $30M in total assets and 589 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #13,270 in Manufacturing (18,722 peers)

Where Spatco Energy Solutions 401(k) Plan sits by assets

Spatco Energy Solutions 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 589 participants (~$50,450/participant), up 78.6% in 2023.

#13,270
in Manufacturing (18,722 peers)
+78.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Spatco Energy Solutions 401(k) Plan's outsized position by total assets

Spatco Energy Solutions 401(k) Plan vs every filed plan by assets

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

$29,715,059 Top 21% higher than 79% 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

Spatco Energy Solutions 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. Spatco Energy Solutions 401(k) Plan sits mid-pack in the medium band (589 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spatco Energy Solutions 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Spatco Energy Solutions 401(k) Plan end-of-year assets rose from $17M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Spatco Energy Solutions 401(k) Plan reported participants rose from 555 in the plan year 2022 filing to 589 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 843846075 · Spatco Energy Solutions, LLC PY 2023 · 401(k)

Spatco Energy Solutions 401(k) Plan · $30M · 589 · 79th

  • EIN $30M
  • RANK 589
  • PHOTO 79th
  • IND 401(k)
  • EOY near Direction Home Akron Canton Area Agency on Aging & Disabilities 401(k) Plan
  • 5500 ind #13270

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 Manufacturing retirement plans → · Plans in North Carolina →

Spatco Energy Solutions 401(k) Plan in the asset neighbourhood

Spatco Energy Solutions 401(k) PlanSpatco Energy Solutions 401(…$30MAll Metro Health Care 401(k) Profit Sharing Plan and TrustAll Metro Health Care 401(k)…$30MGlovis America, Inc. 401(k) PlanGlovis America, Inc. 401(k) …$30MAjax Paving Industries of Florida, LLC 401(k) PlanAjax Paving Industries of Fl…$30MDirection Home Akron Canton Area Agency on Aging & Disabilities 401(k) PlanDirection Home Akron Canton …$30M
End-of-year total assets ($M) among Spatco Energy Solutions 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)$17M
Net Assets (End of Year)$30M
Net Income$10M
Employer EIN843846075
Plan Effective Date2020-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spatco Energy Solutions, LLC)

Sponsor-wide plan assets over time

All Spatco Energy Solutions, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$38M 129.29998356797157% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $16.6M $38.2M ▲ +129.3%
Year Plans Participants Total Assets
2022 1 555 $17M
2023 1 589 $30M
2024 1 712 $38M

Nearby 401(k) Plans in North Carolina

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

Spatco Energy Solutions 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Spatco Energy Solutions 401(k) Plan, Total assets ($B): 0.029715059 · Participants: 589Spatco Energy Solutions 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Spatco Energy Solutions 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Spatco Energy Solutions 401(k) Plan side-by-side with 3 peers →

Spatco Energy Solutions 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Direction Home Akron Canton Area Agency on Aging & Disabilities 401(k) Plan in OH ($30M); by covered participants it is The Smead Manufacturing Company Employees' Investment Plan and Trust in MN (589 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (589 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 Spatco Energy Solutions 401(k) Plan assets move in 2023? ▼
Spatco Energy Solutions 401(k) Plan surged - up 78.6% during 2023, from $17M to $30M. Reported net income was $10M.
How have Spatco Energy Solutions, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spatco Energy Solutions, LLC's sponsor-wide assets grew 129.3%, from $17M to $38M.
Where does Spatco Energy Solutions 401(k) Plan rank by assets among Form 5500 filers? ▼
Spatco Energy Solutions 401(k) Plan ranks in the 79th 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 Spatco Energy Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Direction Home Akron Canton Area Agency on Aging & Disabilities 401(k) Plan in OH ($30M, 243 participants).
Which 401(k) plans cover a similar participant headcount to Spatco Energy Solutions 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Smead Manufacturing Company Employees' Investment Plan and Trust in MN (589 participants, $118M 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 843846075.

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.