401(k) · DOL Form 5500 · 2023

The Urban Electric Company 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
268
Participants Below avg headcount
53rd
Percentile by assets National rank
$28,955
Avg per participant Low balance/head
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Official DOL plan name: The Urban Electric Company 401(k) Plan · Sponsored by The Urban Electric Company · South Carolina · Manufacturing

$8M in assets, 268 participants

The Urban Electric Company's The Urban Electric Company 401(k) Plan reported $8M in total assets and 268 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #7,111 in Manufacturing (18,722 peers)

The Urban Electric Company multi-year trail

The Urban Electric Company's plans moved +79.9% in assets from 2022 to 2024; this filing shows The Urban Electric Company 401(k) Plan at $8M / 268 participants.

#7,111
in Manufacturing (18,722 peers)
+39.7%
assets growth YoY

The Urban Electric Company 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

The Urban Electric Company 401(k) Plan vs every filed plan by assets

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

$7,759,926 Top 47% higher than 53% 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

The Urban Electric 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. The Urban Electric Company 401(k) Plan sits mid-pack in the medium band (268 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Urban Electric Company 401(k) Plan reported net income rose from -$520K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Urban Electric Company 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 200106483 · The Urban Electric Company PY 2023 · 401(k)

The Urban Electric Company 401(k) Plan · $8M · 268 · 53rd

  • VS-ST $8M
  • BOY 268
  • SCH 53rd
  • EBSA 401(k)
  • PART near Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust
  • TYPE ind #7111

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 South Carolina →

The Urban Electric Company 401(k) Plan in the asset neighbourhood

The Urban Electric Company 401(k) PlanThe Urban Electric Company 4…$8MCovert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and TrustCovert Manufacturing, Inc. E…$8MIndevco North America, Inc. 401(k) PlanIndevco North America, Inc. …$8MSapaugh Motors Retirement PlanSapaugh Motors Retirement Pl…$8MO & K American Corp. 401(k) Savings & Investment PlanO & K American Corp. 401(k) …$8M
End-of-year total assets ($M) among The Urban Electric Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

The Urban Electric Company multi-year asset trail

Sponsor-wide plan assets over time

All The Urban Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$10M 79.85233717568929% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $5.56M $9.99M ▲ +79.7%
Year Plans Participants Total Assets
2022 1 269 $6M
2023 1 268 $8M
2024 1 322 $10M

The Urban Electric Company filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN200106483
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

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

The Urban Electric Company 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants The Urban Electric Company 401(k) Plan, Total assets ($B): 0.007759926 · Participants: 268The Urban Electric Company 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
The Urban Electric Company 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

The Urban Electric Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust in OH ($8M); by covered participants it is Patientpop Inc. Retirement Trust in CA (268 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (268 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 The Urban Electric Company 401(k) Plan assets move in 2023?
The Urban Electric Company 401(k) Plan surged - up 39.7% during 2023, from $6M to $8M. Reported net income was $2M.
How have The Urban Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Urban Electric Company's sponsor-wide assets grew 79.9%, from $6M to $10M.
Which 401(k) plans are similar in size to The Urban Electric Company 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Covert Manufacturing, Inc. Employees 401(k) Profit Sharing Plan and Trust in OH ($8M, 265 participants).
Which 401(k) plans cover a similar participant headcount to The Urban Electric Company 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Patientpop Inc. Retirement Trust in CA (268 participants, N/A in assets).