401(k) · DOL Form 5500 · 2023

Bergelectric Corporation 401(k) Plan

Data updated 2026-08-11

$149M
Total assets
2,472
Participants
93rd
Percentile by assets
$60,409
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Bergelectric Corp Employees Pension & 401(k) Plan · Sponsored by Bergelectric Corporation · California · Construction

$149M in assets, 2,472 participants

Bergelectric Corporation's Bergelectric Corp Employees Pension & 401(k) Plan reported $149M in total assets and 2,472 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #8,313 in Construction (9,030 peers)

Coverage in California

Bergelectric Corp Employees Pension & 401(k) Plan covers 2,472 participants in California, 3.9x the typical California plan (state average ~630 per filing). Assets: $149M.

$149M
total plan assets (2023 EOY)
2,472
covered participants
93rd
percentile by assets (of 127,072 plans)
$60,409
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bergelectric Corp Employees Pension & 401(k) Plan reported net income rose from -$18M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Bergelectric Corp Employees Pension & 401(k) Plan end-of-year assets rose from $124M in the plan year 2022 filing to $149M in the plan year 2023 filing.
  • Bergelectric Corp Employees Pension & 401(k) Plan reported participants fell from 2,874 in the plan year 2022 filing to 2,472 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
California
Industry
Construction

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Bergelectric Corp Employees Pension & 401(k) Plan reports 2,472 participants - 3.9x that state average ($149M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$124M
Net Assets (End of Year)$149M
Net Income$25M
Employer EIN951459684
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bergelectric Corporation)

$200M$250M$300M$350M 202220232024 $227M $307M ▲ +35.3%
Total plan assets by year, all Bergelectric Corporation plans on file
Year Plans Participants Total Assets
2022 2 5,044 $227M
2023 2 4,385 $270M
2024 2 4,795 $307M

Nearby 401(k) Plans in California

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

Bergelectric Corp Employees Pension & 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Bergelectric Corp Employees Pension & 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Bergelectric Corp Em…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Bergelectric Corp Employees Pension & 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Bergelectric Corp Employees Pension & 40… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bergelectric Corp Employees Pension & 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Bergelectric Corp Employees Pension & 401(k) Plan assets move in 2023? ▼
Bergelectric Corp Employees Pension & 401(k) Plan grew sharply - up 20.0% during 2023, from $124M to $149M. Reported net income was $25M.
How have Bergelectric Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bergelectric Corporation's sponsor-wide assets grew 35.3%, from $227M to $307M.
Where does Bergelectric Corp Employees Pension & 401(k) Plan rank by assets among Form 5500 filers? ▼
Bergelectric Corp Employees Pension & 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Bergelectric Corp Employees Pension & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Von Briesen & Roper S.C. 401(k) Profit Sharing Plan in WI ($149M, 316 participants).

Next read for Bergelectric Corp Employees Pension & 40…

Filing takeaways

Ways to act on Bergelectric Corp Employees Pension & 401(k) Plan's numbers.

  • By total assets, Bergelectric Corp Employees Pension & 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Bergelectric Corporation's sponsor-wide assets have grown 35.3% since 2022 across 3 plan years on file. More Construction plans

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 951459684.

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.