401(k) · DOL Form 5500 · 2023

Newkirk Electric Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
127
Participants Small participant base
79th
Percentile by assets National rank
$240,936
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan · Sponsored by Newkirk Electric Associates, Inc. · Michigan · Construction

$31M in assets, 127 participants

Newkirk Electric Associates, Inc.'s Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan reported $31M in total assets and 127 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

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

Coverage in Michigan

Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan covers 127 participants in Michigan, about 20% of the average Michigan filer (state average ~638 per filing). Assets: $31M.

#7,030
in Construction (9,030 peers)
+17.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan's outsized position by total assets

Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan vs every filed plan by assets

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

$30,598,905 Top 21% higher than 79% 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

Newkirk Electric Associates, 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. Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan sits mid-pack in the medium band (127 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan end-of-year assets rose from $26M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan reported participants fell from 144 in the plan year 2022 filing to 127 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381717811 · Newkirk Electric Associates, Inc. PY 2023 · 401(k)

Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan · $31M · 127 · 79th

  • PHOTO $31M
  • IND 127
  • EOY 79th
  • 5500 401(k)
  • ASSETS near Western Nephrology and Metabolic Bone Disease, P.C. Employee Profit-Sharing Plan and Trust
  • PCT ind #7030

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 Michigan →

Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan in the asset neighbourhood

Newkirk Electric Associates, Inc. 401(k) Profit-Sharing PlanNewkirk Electric Associates,…$31MWestern Nephrology and Metabolic Bone Disease, P.C. Employee Profit-Sharing Plan and TrustWestern Nephrology and Metab…$31MLower LLC 401(k) Retirement PlanLower LLC 401(k) Retirement …$31MPhilly Shipyard 401(k) Plan$31MBay Ship & Yacht Company 401(k) Profit Sharing PlanBay Ship & Yacht Company 401…$31M
End-of-year total assets ($M) among Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$31M
Net Income$5M
Employer EIN381717811
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newkirk Electric Associates, Inc.)

Sponsor-wide plan assets over time

All Newkirk Electric Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 39.746466184651226% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.1M $36.4M ▲ +39.7%
Year Plans Participants Total Assets
2022 1 144 $26M
2023 1 127 $31M
2024 1 155 $36M

Nearby 401(k) Plans in Michigan

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

Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan, Total assets ($B): 0.030598905 · Participants: 127Newkirk Electric Associates, Inc. 401(k) Profit-Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Western Nephrology and Metabolic Bone Disease, P.C. Employee Profit-Sharing Plan and Trust in CO ($31M); by covered participants it is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (127 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 Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan assets move in 2023?
Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan grew sharply - up 17.5% during 2023, from $26M to $31M. Reported net income was $5M.
How have Newkirk Electric Associates, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Newkirk Electric Associates, Inc.'s sponsor-wide assets grew 39.7%, from $26M to $36M.
Where does Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan rank by assets among Form 5500 filers?
Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan ranks in the 79th 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 Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Western Nephrology and Metabolic Bone Disease, P.C. Employee Profit-Sharing Plan and Trust in CO ($31M, 92 participants).
Which 401(k) plans cover a similar participant headcount to Newkirk Electric Associates, Inc. 401(k) Profit-Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (127 participants, N/A in assets).