Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Feit Electric Company, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Feit Electric Company, Inc. · California · Wholesale Trade

What the 2023 filing shows

Feit Electric Company, Inc. 401(k) Plan holds $15M for 194 participants — about $75,215 per participant, up 27.4% over the 2023 plan year.

$15M
total plan assets (2023 EOY)
194
covered participants
$75,215
avg assets per participant
+27.4%
assets growth YoY
Total Assets (2023)
$15M
Participants
194
State
Industry
Wholesale Trade

What the Filing Says About Feit Electric Company, Inc. 401(k) Plan

Feit Electric Company, Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Feit Electric Company, Inc., headquartered in California. As of the 2023 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 194 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 953726840, and the plan has been effective since 2007-01-12. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2023 to $15M at year-end — a gain of 27.4%. Net assets (after liabilities) closed the year at $15M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN953726840
Plan Effective Date2007-01-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Feit Electric Company, Inc.)

Year Plans Participants Total Assets
2022 1 185 $11M
2023 1 194 $15M
2024 1 212 $17M

Nearby Profit Sharing Plans in California

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Frequently Asked Questions

How much money is in the Feit Electric Company, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Feit Electric Company, Inc. 401(k) Plan holds $15M in total assets with 194 participants. It is sponsored by Feit Electric Company, Inc..
What type of plan is Feit Electric Company, Inc. 401(k) Plan?
Feit Electric Company, Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 2007-01-12. The plan is filed with the U.S. Department of Labor under EIN 953726840.
Who sponsors the Feit Electric Company, Inc. 401(k) Plan?
Feit Electric Company, Inc. 401(k) Plan is sponsored by Feit Electric Company, Inc., located in California. The sponsor's EIN is 953726840 and the plan operates in the Wholesale Trade industry.
How did Feit Electric Company, Inc. 401(k) Plan perform in 2023?
Feit Electric Company, Inc. 401(k) Plan grew by 27.4% during 2023, moving from $11M to $15M in total assets. Net income was $3M.
Where can I find official filings for Feit Electric Company, Inc. 401(k) Plan?
Official Form 5500 filings for Feit Electric Company, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 953726840 or plan name at efast.dol.gov.
How does Feit Electric Company, Inc. 401(k) Plan compare to other plans?
You can compare Feit Electric Company, Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 953726840.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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