401(k) · DOL Form 5500 · 2023

Static Control Components, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
151
Participants Small participant base
67th
Percentile by assets National rank
$98,663
Avg per participant Below avg balance/head
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Official DOL plan name: Static Control Components, Inc. 401(k) Salary Reduction Plan · Sponsored by Static Control Components, Inc. · North Carolina · Manufacturing

$15M in assets, 151 participants

Static Control Components, Inc.'s Static Control Components, Inc. 401(k) Salary Reduction Plan reported $15M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #10,384 in Manufacturing (18,722 peers)

Coverage in North Carolina

Static Control Components, Inc. 401(k) Salary Reduction Plan covers 151 participants in North Carolina, about 18% of the average North Carolina filer (state average ~819 per filing). Assets: $15M.

#10,384
in Manufacturing (18,722 peers)
-3.0%
assets change YoY

The plan reported a net loss of $454K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Static Control Components, Inc. 401(k) Salary Reduction Plan's outsized position by total assets

Static Control Components, Inc. 401(k) Salary Reduction Plan vs every filed plan by assets

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

$14,898,090 Top 33% higher than 67% 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

Static Control Components, Inc. 401(k) Salary Reduction 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. Static Control Components, Inc. 401(k) Salary Reduction Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Static Control Components, Inc. 401(k) Salary Reduction Plan reported net income rose from -$3M in the plan year 2022 filing to -$454K in the plan year 2023 filing.
  • Static Control Components, Inc. 401(k) Salary Reduction Plan reported participants fell from 161 in the plan year 2022 filing to 151 in the plan year 2023 filing.
  • Static Control Components, Inc. 401(k) Salary Reduction Plan end-of-year assets fell from $15M in the plan year 2022 filing to $15M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561576062 · Static Control Components, Inc. PY 2023 · 401(k)

Static Control Components, Inc. 401(k) Salary Reduction Plan · $15M · 151 · 67th

  • PART $15M
  • TYPE 151
  • NET 67th
  • BOOK 401(k)
  • VS-ST near Stein Fibers, Ltd. Profit Sharing Plan
  • BOY ind #10384

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 North Carolina →

Static Control Components, Inc. 401(k) Salary Reduction Plan in the asset neighbourhood

Static Control Components, Inc. 401(k) Salary Reduction PlanStatic Control Components, I…$15MStein Fibers, Ltd. Profit Sharing PlanStein Fibers, Ltd. Profit Sh…$15MSure Alloy Steel / Astech 401(k) Retirement PlanSure Alloy Steel / Astech 40…$15MPacific Northern Environmental 401(k) Profit Sharing PlanPacific Northern Environment…$15MSolar Industries, Inc. 401(k) PlanSolar Industries, Inc. 401(k…$15M
End-of-year total assets ($M) among Static Control Components, Inc. 401(k) Salary Reduction Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$15M
Net Income-$454K
Employer EIN561576062
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Static Control Components, Inc.)

Sponsor-wide plan assets over time

All Static Control Components, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 8.83655593955199% vs 2022
2024 filing year
$14M$15M$16M$17M 202220232024 $15.4M $16.7M ▲ +8.9%
Year Plans Participants Total Assets
2022 1 161 $15M
2023 1 151 $15M
2024 1 143 $17M

Nearby 401(k) Plans in North Carolina

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

Static Control Components, Inc. 401(k) Salary Reduction Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Static Control Components, Inc. 401(k) Salary Reduction Plan, Total assets ($B): 0.01489809 · Participants: 151Static Control Components, Inc. 401(k) Salary Reduction PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Static Control Components, Inc. 401(k) Salary Reduction Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Static Control Components, Inc. 401(k) Salary Reduction Plan side-by-side with 3 peers →

Static Control Components, Inc. 401(k) Salary Reduction Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Stein Fibers, Ltd. Profit Sharing Plan in NY ($15M); by covered participants it is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Static Control Components, Inc. 401(k) Salary Reduction Plan assets move in 2023? ▼
Static Control Components, Inc. 401(k) Salary Reduction Plan edged down modestly - down 3.0% during 2023, from $15M to $15M. Reported net income was -$454K.
How have Static Control Components, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Static Control Components, Inc.'s sponsor-wide assets grew 8.8%, from $15M to $17M.
Which 401(k) plans are similar in size to Static Control Components, Inc. 401(k) Salary Reduction Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stein Fibers, Ltd. Profit Sharing Plan in NY ($15M, 175 participants).
Which 401(k) plans cover a similar participant headcount to Static Control Components, Inc. 401(k) Salary Reduction Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants, $8M 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 561576062.

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.