401(k) · DOL Form 5500 · 2023

Electrical Equipment Company 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
260
Participants Below avg headcount
78th
Percentile by assets National rank
$106,105
Avg per participant Below avg balance/head
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Official DOL plan name: Electrical Equipment Company 401(k) Plan · Sponsored by Electrical Equipment Company · North Carolina · Wholesale Trade

$28M in assets, 260 participants

Electrical Equipment Company's Electrical Equipment Company 401(k) Plan reported $28M in total assets and 260 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #4,853 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Electrical Equipment Company 401(k) Plan covers 260 participants in North Carolina, about 32% of the average North Carolina filer (state average ~819 per filing). Assets: $28M.

#4,853
in Wholesale Trade (6,309 peers)
+13.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Electrical Equipment Company 401(k) Plan's outsized position by total assets

Electrical Equipment Company 401(k) Plan vs every filed plan by assets

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

$27,587,191 Top 22% higher than 78% 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

Electrical Equipment Company 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. Electrical Equipment Company 401(k) Plan sits mid-pack in the medium band (260 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electrical Equipment Company 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Electrical Equipment Company 401(k) Plan end-of-year assets rose from $24M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Electrical Equipment Company 401(k) Plan reported participants rose from 234 in the plan year 2022 filing to 260 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 560213900 · Electrical Equipment Company PY 2023 · 401(k)

Electrical Equipment Company 401(k) Plan · $28M · 260 · 78th

  • PCT $28M
  • EIN 260
  • RANK 78th
  • PHOTO 401(k)
  • IND near Isola USA Corp. 401(k) Savings Plan
  • EOY ind #4853

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Electrical Equipment Company 401(k) Plan in the asset neighbourhood

Electrical Equipment Company 401(k) PlanElectrical Equipment Company…$28MIsola USA Corp. 401(k) Savings PlanIsola USA Corp. 401(k) Savin…$28MAktion Associates, Inc. Retirement Savings PlanAktion Associates, Inc. Reti…$28MAaa Central Penn 401(k) Plan$28MCredit Union One Capital Accumulation PlanCredit Union One Capital Acc…$28M
End-of-year total assets ($M) among Electrical Equipment Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN560213900
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Electrical Equipment Company)

Sponsor-wide plan assets over time

All Electrical Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
$30M 23.105002974672367% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $24.3M $30M ▲ +23.1%
Year Plans Participants Total Assets
2022 1 234 $24M
2023 1 260 $28M
2024 1 257 $30M

Nearby 401(k) Plans in North Carolina

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

Electrical Equipment Company 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Electrical Equipment Company 401(k) Plan, Total assets ($B): 0.027587191 · Participants: 260Electrical Equipment Company 401(k) 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
Electrical Equipment Company 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Electrical Equipment Company 401(k) Plan side-by-side with 3 peers →

Electrical Equipment Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Isola USA Corp. 401(k) Savings Plan in AZ ($28M); by covered participants it is Roofing Wholesale Co., Inc. 401(k) Plan in AZ (260 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (260 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 Electrical Equipment Company 401(k) Plan assets move in 2023? ▼
Electrical Equipment Company 401(k) Plan grew at a solid clip - up 13.4% during 2023, from $24M to $28M. Reported net income was $3M.
How have Electrical Equipment Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Electrical Equipment Company's sponsor-wide assets grew 23.1%, from $24M to $30M.
Where does Electrical Equipment Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Electrical Equipment Company 401(k) Plan ranks in the 78th 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 Electrical Equipment Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Isola USA Corp. 401(k) Savings Plan in AZ ($28M, 288 participants).
Which 401(k) plans cover a similar participant headcount to Electrical Equipment Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Roofing Wholesale Co., Inc. 401(k) Plan in AZ (260 participants, $7M 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 560213900.

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.