401(k) · DOL Form 5500 · 2023

Asea, LLC 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
203
Participants Below avg headcount
57th
Percentile by assets National rank
$46,373
Avg per participant Low balance/head
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Official DOL plan name: Asea 401(k) Plan · Sponsored by Asea, LLC · Utah · Manufacturing

$9M in assets, 203 participants

Asea, LLC's Asea 401(k) Plan reported $9M in total assets and 203 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #8,075 in Manufacturing (18,722 peers)

Coverage in Utah

Asea 401(k) Plan covers 203 participants in Utah, about 34% of the average Utah filer (state average ~592 per filing). Assets: $9M.

#8,075
in Manufacturing (18,722 peers)
+24.4%
assets growth YoY

Asea 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Asea 401(k) Plan vs every filed plan by assets

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

$9,413,704 Top 43% higher than 57% 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

Asea 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. Asea 401(k) Plan sits mid-pack in the medium band (203 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Asea 401(k) Plan reported net income rose from -$599K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Asea 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Asea 401(k) Plan reported participants fell from 220 in the plan year 2022 filing to 203 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 260871950 · Asea, LLC PY 2023 · 401(k)

Asea 401(k) Plan · $9M · 203 · 57th

  • TYPE $9M
  • NET 203
  • BOOK 57th
  • VS-ST 401(k)
  • BOY near Nhi 401(k) Profit Sharing Plan
  • SCH ind #8075

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 Utah →

Asea 401(k) Plan in the asset neighbourhood

Asea 401(k) Plan$9MNhi 401(k) Profit Sharing PlanNhi 401(k) Profit Sharing Pl…$9MThompson Concrete, Ltd Retirement Savings PlanThompson Concrete, Ltd Retir…$9MEnduro Pipeline Services 401(k) PlanEnduro Pipeline Services 401…$9MObsidian Solutions Group 401(k) PlanObsidian Solutions Group 401…$9M
End-of-year total assets ($M) among Asea 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN260871950
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Asea, LLC)

Sponsor-wide plan assets over time

All Asea, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 50.610035857730026% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.57M $11.4M ▲ +50.6%
Year Plans Participants Total Assets
2022 1 220 $8M
2023 1 203 $9M
2024 1 212 $11M

Nearby 401(k) Plans in Utah

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

Asea 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Asea 401(k) Plan, Total assets ($B): 0.009413704 · Participants: 203Asea 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Asea 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Asea 401(k) Plan side-by-side with 3 peers →

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

Outside Utah, the nearest 401(k) by assets is Nhi 401(k) Profit Sharing Plan in MN ($9M); by covered participants it is Permian Ford-Lincoln-Mercury, Inc. 401(k) Profit Sharing Plan in NM (203 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (203 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 Asea 401(k) Plan assets move in 2023? ▼
Asea 401(k) Plan grew sharply - up 24.4% during 2023, from $8M to $9M. Reported net income was $2M.
How have Asea, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Asea, LLC's sponsor-wide assets grew 50.6%, from $8M to $11M.
Which 401(k) plans are similar in size to Asea 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nhi 401(k) Profit Sharing Plan in MN ($9M, 290 participants).
Which 401(k) plans cover a similar participant headcount to Asea 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Permian Ford-Lincoln-Mercury, Inc. 401(k) Profit Sharing Plan in NM (203 participants, $7M 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 260871950.

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.