401(k) · DOL Form 5500 · 2023

Bowen Engineering Corporation 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
257
Participants Below avg headcount
83rd
Percentile by assets National rank
$152,077
Avg per participant Above avg balance/head
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Official DOL plan name: Bowen Engineering Profit Sharing 401(k) Plan · Sponsored by Bowen Engineering Corporation · Indiana · Construction

$39M in assets, 257 participants

Bowen Engineering Corporation's Bowen Engineering Profit Sharing 401(k) Plan reported $39M in total assets and 257 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,307 in Construction (9,030 peers)

Coverage in Indiana

Bowen Engineering Profit Sharing 401(k) Plan covers 257 participants in Indiana, about 47% of the average Indiana filer (state average ~541 per filing). Assets: $39M.

#7,307
in Construction (9,030 peers)
+10.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Bowen Engineering Profit Sharing 401(k) Plan's outsized position by total assets

Bowen Engineering Profit Sharing 401(k) Plan vs every filed plan by assets

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

$39,083,712 Top 17% higher than 83% 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

Bowen Engineering Profit Sharing 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. Bowen Engineering Profit Sharing 401(k) Plan sits mid-pack in the medium band (257 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bowen Engineering Profit Sharing 401(k) Plan reported net income rose from -$8M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Bowen Engineering Profit Sharing 401(k) Plan end-of-year assets rose from $35M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Bowen Engineering Profit Sharing 401(k) Plan reported participants rose from 248 in the plan year 2022 filing to 257 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 351136995 · Bowen Engineering Corporation PY 2023 · 401(k)

Bowen Engineering Profit Sharing 401(k) Plan · $39M · 257 · 83rd

  • IND $39M
  • IND 257
  • IND 83rd
  • IND 401(k)
  • IND near Lanier & Associates Retirement Plan
  • IND ind #7307

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 Indiana →

Bowen Engineering Profit Sharing 401(k) Plan in the asset neighbourhood

Lanier & Associates Retirement PlanLanier & Associates Retireme…$39MMeyer, Suozzi, English & Klein, P.C. 401(k) PlanMeyer, Suozzi, English & Kle…$39MWampum Hardware Co. Profit Sharing 401(k) PlanWampum Hardware Co. Profit S…$39MBowen Engineering Profit Sharing 401(k) PlanBowen Engineering Profit Sha…$39MPhiladelphia Macaroni Company 401(k) PlanPhiladelphia Macaroni Compan…$39M
End-of-year total assets ($M) among Bowen Engineering Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$39M
Net Income$4M
Employer EIN351136995
Plan Effective Date1986-08-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Bowen Engineering Corporation)

Sponsor-wide plan assets over time

All Bowen Engineering Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$45M 27.152606072874207% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.3M $44.9M ▲ +27.2%
Year Plans Participants Total Assets
2022 1 248 $35M
2023 1 257 $39M
2024 1 312 $45M

Nearby 401(k) Plans in Indiana

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

Bowen Engineering Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Bowen Engineering Profit Sharing 401(k) Plan, Total assets ($B): 0.039083712 · Participants: 257Bowen Engineering Profit Sharing 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Bowen Engineering Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Bowen Engineering Profit Sharing 401(k) Plan side-by-side with 3 peers →

Bowen Engineering Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Lanier & Associates Retirement Plan in LA ($39M); by covered participants it is Pace Resources, Inc. Retirement Savings Plan in PA (257 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (257 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 Bowen Engineering Profit Sharing 401(k) Plan assets move in 2023? ▼
Bowen Engineering Profit Sharing 401(k) Plan grew at a solid clip - up 10.7% during 2023, from $35M to $39M. Reported net income was $4M.
How have Bowen Engineering Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bowen Engineering Corporation's sponsor-wide assets grew 27.2%, from $35M to $45M.
Where does Bowen Engineering Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Bowen Engineering Profit Sharing 401(k) Plan ranks in the 83rd 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 Bowen Engineering Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lanier & Associates Retirement Plan in LA ($39M, 114 participants).
Which 401(k) plans cover a similar participant headcount to Bowen Engineering Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pace Resources, Inc. Retirement Savings Plan in PA (257 participants, $48M 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 351136995.

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.