401(k) · DOL Form 5500 · 2023

State Utility Contractors, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
150
Participants Small participant base
67th
Percentile by assets National rank
$101,097
Avg per participant Below avg balance/head
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Official DOL plan name: State Utility Contractors, Inc. 401(k) Profit Sharing Plan · Sponsored by State Utility Contractors, Inc. · North Carolina · Construction

$15M in assets, 150 participants

State Utility Contractors, Inc.'s State Utility Contractors, Inc. 401(k) Profit Sharing Plan reported $15M in total assets and 150 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #5,966 in Construction (9,030 peers)

Coverage in North Carolina

State Utility Contractors, Inc. 401(k) Profit Sharing Plan covers 150 participants in North Carolina, about 18% of the average North Carolina filer (state average ~819 per filing). Assets: $15M.

#5,966
in Construction (9,030 peers)
+16.8%
assets growth YoY

State Utility Contractors, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

State Utility Contractors, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$15,164,515 Top 33% higher than 67% 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

State Utility Contractors, 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. State Utility Contractors, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (150 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • State Utility Contractors, Inc. 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • State Utility Contractors, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • State Utility Contractors, Inc. 401(k) Profit Sharing Plan reported participants fell from 152 in the plan year 2022 filing to 150 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561444827 · State Utility Contractors, Inc. PY 2023 · 401(k)

State Utility Contractors, Inc. 401(k) Profit Sharing Plan · $15M · 150 · 67th

  • EBSA $15M
  • PART 150
  • TYPE 67th
  • NET 401(k)
  • BOOK near Hospice of the Red River Valley 401(k) Plan
  • VS-ST ind #5966

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 North Carolina →

State Utility Contractors, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Nexus/Sherwood Retirement PlanNexus/Sherwood Retirement Pl…$15MState Utility Contractors, Inc. 401(k) Profit Sharing PlanState Utility Contractors, I…$15MHospice of the Red River Valley 401(k) PlanHospice of the Red River Val…$15MMalaga Bank 401(k) Savings and Retirement PlanMalaga Bank 401(k) Savings a…$15MBoardwalk Ig 401(k) Plan$15M
End-of-year total assets ($M) among State Utility Contractors, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN561444827
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (State Utility Contractors, Inc.)

Sponsor-wide plan assets over time

All State Utility Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$137M 44.22846554807539% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $95.3M $137M ▲ +44.2%
Year Plans Participants Total Assets
2022 2 299 $95M
2023 2 294 $101M
2024 2 325 $137M

Nearby 401(k) Plans in North Carolina

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

State Utility Contractors, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants State Utility Contractors, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.015164515 · Participants: 150State Utility Contractors, Inc. 401(k) Profit Sharing 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
State Utility Contractors, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare State Utility Contractors, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

State Utility Contractors, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Hospice of the Red River Valley 401(k) Plan in ND ($15M); by covered participants it is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (150 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (150 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 State Utility Contractors, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
State Utility Contractors, Inc. 401(k) Profit Sharing Plan grew sharply - up 16.8% during 2023, from $13M to $15M. Reported net income was $2M.
How have State Utility Contractors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Utility Contractors, Inc.'s sponsor-wide assets grew 44.2%, from $95M to $137M.
Which 401(k) plans are similar in size to State Utility Contractors, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hospice of the Red River Valley 401(k) Plan in ND ($15M, 214 participants).
Which 401(k) plans cover a similar participant headcount to State Utility Contractors, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (150 participants, $867K 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 561444827.

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.