401(k) · DOL Form 5500 · 2023

Beacon Converters, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
123
Participants Small participant base
54th
Percentile by assets National rank
$65,474
Avg per participant Low balance/head
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Official DOL plan name: Beacon Converters, Inc. 401(k) Profit Sharing Plan · Sponsored by Beacon Converters, Inc. · New Jersey · Manufacturing

$8M in assets, 123 participants

Beacon Converters, Inc.'s Beacon Converters, Inc. 401(k) Profit Sharing Plan reported $8M in total assets and 123 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,305 in Manufacturing (18,722 peers)

Coverage in New Jersey

Beacon Converters, Inc. 401(k) Profit Sharing Plan covers 123 participants in New Jersey, about 15% of the average New Jersey filer (state average ~844 per filing). Assets: $8M.

#7,305
in Manufacturing (18,722 peers)
+29.0%
assets growth YoY

Beacon Converters, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Beacon Converters, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$8,053,347 Top 46% higher than 54% 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

Beacon Converters, 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. Beacon Converters, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (123 participants).

EBSA filing schedule strip

Filing strip 221440652 · Beacon Converters, Inc. PY 2023 · 401(k)

Beacon Converters, Inc. 401(k) Profit Sharing Plan · $8M · 123 · 54th

  • PCT $8M
  • PCT 123
  • PCT 54th
  • PCT 401(k)
  • PCT near Ruscorr, LLC 401(k) Retirement Plan
  • PCT ind #7305

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 New Jersey →

Beacon Converters, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Beacon Converters, Inc. 401(k) Profit Sharing PlanBeacon Converters, Inc. 401(…$8MRuscorr, LLC 401(k) Retirement PlanRuscorr, LLC 401(k) Retireme…$8MPortland Art Museum 401(k) Retirement PlanPortland Art Museum 401(k) R…$8MToyota of Vancouver 401(k) Profit Sharing PlanToyota of Vancouver 401(k) P…$8MThe Kintock Entities 401(k) PlanThe Kintock Entities 401(k) …$8M
End-of-year total assets ($M) among Beacon Converters, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN221440652
Plan Effective Date1985-05-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Beacon Converters, Inc.)

Sponsor-wide plan assets over time

All Beacon Converters, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 20.93710850904599% vs 2023
2024 filing year
$7M$8M$9M$10M 20232024 $8.05M $9.74M ▲ +21.0%
Year Plans Participants Total Assets
2023 1 123 $8M
2024 1 134 $10M

Nearby 401(k) Plans in New Jersey

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

Beacon Converters, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Beacon Converters, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.008053347 · Participants: 123Beacon Converters, Inc. 401(k) Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Beacon Converters, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Beacon Converters, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside New Jersey, the nearest 401(k) by assets is Ruscorr, LLC 401(k) Retirement Plan in IL ($8M); by covered participants it is Sunchase Salary Savings Plan in NC (123 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (123 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 Beacon Converters, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Beacon Converters, Inc. 401(k) Profit Sharing Plan grew sharply - up 29.0% during 2023, from $6M to $8M. Reported net income was $2M.
How have Beacon Converters, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Beacon Converters, Inc.'s sponsor-wide assets grew 20.9%, from $8M to $10M.
Which 401(k) plans are similar in size to Beacon Converters, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ruscorr, LLC 401(k) Retirement Plan in IL ($8M, 203 participants).
Which 401(k) plans cover a similar participant headcount to Beacon Converters, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sunchase Salary Savings Plan in NC (123 participants, $2M 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 221440652.

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.