401(k) · DOL Form 5500 · 2023

Powercon Corporation 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
367
Participants Below avg headcount
83rd
Percentile by assets National rank
$107,130
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Powercon Corporation 401(k) Retirement Plan · Sponsored by Powercon Corporation · Maryland · Manufacturing

$39M in assets, 367 participants

Powercon Corporation's Powercon Corporation 401(k) Retirement Plan reported $39M in total assets and 367 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,162 in Manufacturing (18,722 peers)

Coverage in Maryland

Powercon Corporation 401(k) Retirement Plan covers 367 participants in Maryland, about 39% of the average Maryland filer (state average ~929 per filing). Assets: $39M.

#14,162
in Manufacturing (18,722 peers)
+17.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Powercon Corporation 401(k) Retirement Plan's outsized position by total assets

Powercon Corporation 401(k) Retirement Plan vs every filed plan by assets

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

$39,316,578 Top 17% higher than 83% 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

Powercon Corporation 401(k) Retirement 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. Powercon Corporation 401(k) Retirement Plan sits mid-pack in the medium band (367 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Powercon Corporation 401(k) Retirement Plan reported net income rose from -$10M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Powercon Corporation 401(k) Retirement Plan end-of-year assets rose from $33M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Powercon Corporation 401(k) Retirement Plan reported participants fell from 386 in the plan year 2022 filing to 367 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 520709642 · Powercon Corporation PY 2023 · 401(k)

Powercon Corporation 401(k) Retirement Plan · $39M · 367 · 83rd

  • EOY $39M
  • EOY 367
  • EOY 83rd
  • EOY 401(k)
  • EOY near National Association of Boards of Pharmacy Retirement Savings Plan
  • EOY ind #14162

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 Maryland →

Powercon Corporation 401(k) Retirement Plan in the asset neighbourhood

Care Design Ny 401(k) Plan$39MPowercon Corporation 401(k) Retirement PlanPowercon Corporation 401(k) …$39MNational Association of Boards of Pharmacy Retirement Savings PlanNational Association of Boar…$39MSeres Therapeutics, Inc. 401(k) PlanSeres Therapeutics, Inc. 401…$39MParatek Pharmaceuticals, Inc. Profit Sharing 401(k) PlanParatek Pharmaceuticals, Inc…$39M
End-of-year total assets ($M) among Powercon Corporation 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$39M
Net Income$6M
Employer EIN520709642
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Powercon Corporation)

Sponsor-wide plan assets over time

All Powercon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$45M 34.15616943285899% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.5M $44.9M ▲ +34.2%
Year Plans Participants Total Assets
2022 1 386 $33M
2023 1 367 $39M
2024 1 381 $45M

Nearby 401(k) Plans in Maryland

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

Powercon Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Powercon Corporation 401(k) Retirement Plan, Total assets ($B): 0.039316578 · Participants: 367Powercon Corporation 401(k) Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Powercon Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Powercon Corporation 401(k) Retirement Plan side-by-side with 3 peers →

Powercon Corporation 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is National Association of Boards of Pharmacy Retirement Savings Plan in IL ($39M); by covered participants it is Lacerta Group, LLC 401(k) Plan in MA (367 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (367 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 Powercon Corporation 401(k) Retirement Plan assets move in 2023? ▼
Powercon Corporation 401(k) Retirement Plan grew sharply - up 17.4% during 2023, from $33M to $39M. Reported net income was $6M.
How have Powercon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Powercon Corporation's sponsor-wide assets grew 34.2%, from $33M to $45M.
Where does Powercon Corporation 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Powercon Corporation 401(k) Retirement Plan ranks in the 83rd 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 Powercon Corporation 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is National Association of Boards of Pharmacy Retirement Savings Plan in IL ($39M, 164 participants).
Which 401(k) plans cover a similar participant headcount to Powercon Corporation 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lacerta Group, LLC 401(k) Plan in MA (367 participants, $5M 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 520709642.

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.