401(k)
2023 plan-year 401(k) DOL Form 5500

Jdp Electric, Inc. 401(k) Plan

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

Sponsored by Jdp Electric, Inc. · North Dakota · Construction

What the 2023 filing shows

Jdp Electric, Inc. 401(k) Plan holds $7M for 134 participants — about $55,862 per participant, up 29.5% over the 2023 plan year.

$7M
total plan assets (2023 EOY)
134
covered participants
$55,862
avg assets per participant
+29.5%
assets growth YoY
Total Assets (2023)
$7M
Participants
134
State
Industry
Construction

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

Jdp Electric, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Jdp Electric, Inc., headquartered in North Dakota. As of the 2023 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 134 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 450426706, and the plan has been effective since 2014-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2023 to $7M at year-end — a gain of 29.5%. Net assets (after liabilities) closed the year at $7M, with reported net income of $2M 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)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$2M
Plan Type401(k)
Employer EIN450426706
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jdp Electric, Inc.)

Year Plans Participants Total Assets
2022 1 143 $6M
2023 1 134 $7M
2024 1 149 $9M

Nearby 401(k) Plans in North Dakota

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Frequently Asked Questions

How much money is in the Jdp Electric, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Jdp Electric, Inc. 401(k) Plan holds $7M in total assets with 134 participants. It is sponsored by Jdp Electric, Inc..
What type of plan is Jdp Electric, Inc. 401(k) Plan?
Jdp Electric, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2014-01-01. The plan is filed with the U.S. Department of Labor under EIN 450426706.
Who sponsors the Jdp Electric, Inc. 401(k) Plan?
Jdp Electric, Inc. 401(k) Plan is sponsored by Jdp Electric, Inc., located in North Dakota. The sponsor's EIN is 450426706 and the plan operates in the Construction industry.
How did Jdp Electric, Inc. 401(k) Plan perform in 2023?
Jdp Electric, Inc. 401(k) Plan grew by 29.5% during 2023, moving from $6M to $7M in total assets. Net income was $2M.
Where can I find official filings for Jdp Electric, Inc. 401(k) Plan?
Official Form 5500 filings for Jdp Electric, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 450426706 or plan name at efast.dol.gov.
How does Jdp Electric, Inc. 401(k) Plan compare to other plans?
You can compare Jdp Electric, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in North Dakota 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 450426706.

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.