401(k) · DOL Form 5500 · 2023

J Ranck Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
121
Participants Small participant base
71st
Percentile by assets National rank
$151,741
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: J Ranck Electric, Inc. Employees' Profit Sharing Plan · Sponsored by J Ranck Electric, Inc. · Michigan · Construction

$18M in assets, 121 participants

J Ranck Electric, Inc.'s J Ranck Electric, Inc. Employees' Profit Sharing Plan reported $18M in total assets and 121 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #6,300 in Construction (9,030 peers)

Coverage in Michigan

J Ranck Electric, Inc. Employees' Profit Sharing Plan covers 121 participants in Michigan, about 19% of the average Michigan filer (state average ~638 per filing). Assets: $18M.

#6,300
in Construction (9,030 peers)
+33.0%
assets growth YoY

J Ranck Electric, Inc. Employees' Profit Sharing Plan's outsized position by total assets

J Ranck Electric, Inc. Employees' Profit Sharing Plan vs every filed plan by assets

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

$18,360,624 Top 29% higher than 71% 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

J Ranck Electric, Inc. Employees' 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. J Ranck Electric, Inc. Employees' Profit Sharing Plan sits mid-pack in the medium band (121 participants).

EBSA filing schedule strip

Filing strip 382677797 · J Ranck Electric, Inc. PY 2023 · 401(k)

J Ranck Electric, Inc. Employees' Profit Sharing Plan · $18M · 121 · 71st

  • BOY $18M
  • BOY 121
  • BOY 71st
  • BOY 401(k)
  • BOY near A-Lign Compliance and Security, Inc. 401(k) P/S Plan
  • BOY ind #6300

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 →

J Ranck Electric, Inc. Employees' Profit Sharing Plan in the asset neighbourhood

J Ranck Electric, Inc. Employees' Profit Sharing PlanJ Ranck Electric, Inc. Emplo…$18MA-Lign Compliance and Security, Inc. 401(k) P/S PlanA-Lign Compliance and Securi…$18MVaro Retirement Plan$18MNovarica, Inc. 401(k) Plan$18MRowmark, LLC Retirement Plan$18M
End-of-year total assets ($M) among J Ranck Electric, Inc. Employees' Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$18M
Net Income$5M
Employer EIN382677797
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (J Ranck Electric, Inc.)

Sponsor-wide plan assets over time

All J Ranck Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 23.73501031337497% vs 2023
2024 filing year
$16M$18M$20M$22M$24M 20232024 $18.4M $22.7M ▲ +23.7%
Year Plans Participants Total Assets
2023 1 121 $18M
2024 1 106 $23M

Nearby 401(k) Plans in Michigan

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

J Ranck Electric, Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants J Ranck Electric, Inc. Employees' Profit Sharing Plan, Total assets ($B): 0.018360624 · Participants: 121J Ranck Electric, Inc. Employees' 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
J Ranck Electric, Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare J Ranck Electric, Inc. Employees' Profit Sharing Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is A-Lign Compliance and Security, Inc. 401(k) P/S Plan in FL ($18M); by covered participants it is Redwood School & Rehabilitation Center, Inc. 401(k) Plan in OH (121 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (121 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 J Ranck Electric, Inc. Employees' Profit Sharing Plan assets move in 2023? ▼
J Ranck Electric, Inc. Employees' Profit Sharing Plan surged - up 33.0% during 2023, from $14M to $18M. Reported net income was $5M.
How have J Ranck Electric, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), J Ranck Electric, Inc.'s sponsor-wide assets grew 23.7%, from $18M to $23M.
Which 401(k) plans are similar in size to J Ranck Electric, Inc. Employees' Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is A-Lign Compliance and Security, Inc. 401(k) P/S Plan in FL ($18M, 452 participants).
Which 401(k) plans cover a similar participant headcount to J Ranck Electric, Inc. Employees' Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Redwood School & Rehabilitation Center, Inc. 401(k) Plan in OH (121 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 382677797.

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.