401(k) · DOL Form 5500 · 2023

Art's Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
172
Participants Small participant base
56th
Percentile by assets National rank
$50,944
Avg per participant Low balance/head
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Official DOL plan name: Art's Electric, Inc. 401(k) Plan · Sponsored by Art's Electric, Inc. · Kentucky · Manufacturing

$9M in assets, 172 participants

Art's Electric, Inc.'s Art's Electric, Inc. 401(k) Plan reported $9M in total assets and 172 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #7,725 in Manufacturing (18,722 peers)

Coverage in Kentucky

Art's Electric, Inc. 401(k) Plan covers 172 participants in Kentucky, about 27% of the average Kentucky filer (state average ~647 per filing). Assets: $9M.

#7,725
in Manufacturing (18,722 peers)
+28.6%
assets growth YoY

Art's Electric, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Art's Electric, Inc. 401(k) Plan vs every filed plan by assets

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

$8,762,286 Top 44% higher than 56% 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

Art's Electric, Inc. 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. Art's Electric, Inc. 401(k) Plan sits mid-pack in the medium band (172 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Art's Electric, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $883K in the plan year 2023 filing.
  • Art's Electric, Inc. 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Art's Electric, Inc. 401(k) Plan reported participants fell from 182 in the plan year 2022 filing to 172 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 610716938 · Art's Electric, Inc. PY 2023 · 401(k)

Art's Electric, Inc. 401(k) Plan · $9M · 172 · 56th

  • 5500 $9M
  • ASSETS 172
  • PCT 56th
  • EIN 401(k)
  • RANK near Homewise 403(b) Pension Plan
  • PHOTO ind #7725

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 Kentucky →

Art's Electric, Inc. 401(k) Plan in the asset neighbourhood

Art's Electric, Inc. 401(k) PlanArt's Electric, Inc. 401(k) …$9MHomewise 403(b) Pension Plan$9MRichwood Meat Company 401(k) Profit Sharing PlanRichwood Meat Company 401(k)…$9MAdvanced Flow Engineering, Inc. 401(k) PlanAdvanced Flow Engineering, I…$9MVaalco Energy, Inc. 401(k) PlanVaalco Energy, Inc. 401(k) P…$9M
End-of-year total assets ($M) among Art's Electric, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$883K
Employer EIN610716938
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Art's Electric, Inc.)

Sponsor-wide plan assets over time

All Art's Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 32.11254454598209% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.3M $29.5M ▲ +32.1%
Year Plans Participants Total Assets
2022 2 336 $22M
2023 2 345 $25M
2024 2 338 $29M

Nearby 401(k) Plans in Kentucky

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

Art's Electric, Inc. 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Art's Electric, Inc. 401(k) Plan, Total assets ($B): 0.008762286 · Participants: 172Art's Electric, Inc. 401(k) PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Art's Electric, Inc. 401(k) Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Art's Electric, Inc. 401(k) Plan side-by-side with 3 peers →

Art's Electric, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Homewise 403(b) Pension Plan in NM ($9M); by covered participants it is Retail Capital LLC 401(k) Plan in MI (172 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 (172 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 Art's Electric, Inc. 401(k) Plan assets move in 2023? ▼
Art's Electric, Inc. 401(k) Plan grew sharply - up 28.6% during 2023, from $7M to $9M. Reported net income was $883K.
How have Art's Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Art's Electric, Inc.'s sponsor-wide assets grew 32.1%, from $22M to $29M.
Which 401(k) plans are similar in size to Art's Electric, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Homewise 403(b) Pension Plan in NM ($9M, 122 participants).
Which 401(k) plans cover a similar participant headcount to Art's Electric, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Retail Capital LLC 401(k) Plan in MI (172 participants, N/A 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 610716938.

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.