401(k) · DOL Form 5500 · 2023

United Electrical Contractors 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
102
Participants Small participant base
39th
Percentile by assets National rank
$36,255
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: United Electrical 401(k) Profit Sharing Plan · Sponsored by United Electrical Contractors · Michigan · Construction

$4M in assets, 102 participants

United Electrical Contractors's United Electrical 401(k) Profit Sharing Plan reported $4M in total assets and 102 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

  • #3,332 in Construction (9,030 peers)

Coverage in Michigan

United Electrical 401(k) Profit Sharing Plan covers 102 participants in Michigan, about 16% of the average Michigan filer (state average ~638 per filing). Assets: $4M.

#3,332
in Construction (9,030 peers)
+30.1%
assets growth YoY

United Electrical 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

United Electrical 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,697,959 39th percentile higher than 39% 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

United Electrical 401(k) 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. United Electrical 401(k) Profit Sharing Plan sits mid-pack in the medium band (102 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • United Electrical 401(k) Profit Sharing Plan reported net income rose from $162K in the plan year 2022 filing to $855K in the plan year 2023 filing.
  • United Electrical 401(k) Profit Sharing Plan reported participants fell from 166 in the plan year 2022 filing to 102 in the plan year 2023 filing.
  • United Electrical 401(k) Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 264433874 · United Electrical Contractors PY 2023 · 401(k)

United Electrical 401(k) Profit Sharing Plan · $4M · 102 · 39th

  • EIN $4M
  • RANK 102
  • PHOTO 39th
  • IND 401(k)
  • EOY near M. Palazola Produce Company 401(k) Profit Sharing Plan
  • 5500 ind #3332

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 →

United Electrical 401(k) Profit Sharing Plan in the asset neighbourhood

United Electrical 401(k) Profit Sharing PlanUnited Electrical 401(k) Pro…$4MM. Palazola Produce Company 401(k) Profit Sharing PlanM. Palazola Produce Company …$4MInteframe 401(k) Profit Sharing PlanInteframe 401(k) Profit Shar…$4MInternational Technical Coatings, Inc. Retirement PlanInternational Technical Coat…$4MWilson, Cain & Acquaviva 401(k) PlanWilson, Cain & Acquaviva 401…$4M
End-of-year total assets ($M) among United Electrical 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$855K
Employer EIN264433874
Plan Effective Date2014-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Electrical Contractors)

Sponsor-wide plan assets over time

All United Electrical Contractors plans reported in each filing year

Latest sponsor-wide plan assets
$4M 30.56708126383598% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.84M $3.71M ▲ +30.6%
Year Plans Participants Total Assets
2022 1 166 $3M
2023 1 102 $4M
2024 1 90 $4M

Nearby 401(k) Plans in Michigan

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

United Electrical 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants United Electrical 401(k) Profit Sharing Plan, Total assets ($B): 0.003697959 · Participants: 102United Electrical 401(k) 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
United Electrical 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare United Electrical 401(k) Profit Sharing Plan side-by-side with 3 peers →

United Electrical 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is M. Palazola Produce Company 401(k) Profit Sharing Plan in TN ($4M); by covered participants it is Air-Land Transport Service, Inc. 401(k) Plan in IL (102 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (102 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 United Electrical 401(k) Profit Sharing Plan assets move in 2023? ▼
United Electrical 401(k) Profit Sharing Plan surged - up 30.1% during 2023, from $3M to $4M. Reported net income was $855K.
How have United Electrical Contractors plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Electrical Contractors's sponsor-wide assets grew 30.6%, from $3M to $4M.
Which 401(k) plans are similar in size to United Electrical 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is M. Palazola Produce Company 401(k) Profit Sharing Plan in TN ($4M, 55 participants).
Which 401(k) plans cover a similar participant headcount to United Electrical 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Air-Land Transport Service, Inc. 401(k) Plan in IL (102 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 264433874.

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.