401(k) · DOL Form 5500 · 2023

Downes Construction Co., LLC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
61
Participants Small participant base
51st
Percentile by assets National rank
$114,435
Avg per participant Below avg balance/head
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Official DOL plan name: Downes Construction Co., LLC 401(k) Plan · Sponsored by Downes Construction Co., LLC · Connecticut · Construction

$7M in assets, 61 participants

Downes Construction Co., LLC's Downes Construction Co., LLC 401(k) Plan reported $7M in total assets and 61 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #4,447 in Construction (9,030 peers)

Downes Construction Co., LLC multi-year trail

Downes Construction Co., LLC's plans moved +40.6% in assets from 2022 to 2024; this filing shows Downes Construction Co., LLC 401(k) Plan at $7M / 61 participants.

#4,447
in Construction (9,030 peers)
+34.3%
assets growth YoY

Downes Construction Co., LLC 401(k) Plan's mid-pack asset rank among Construction and all filers

Downes Construction Co., LLC 401(k) Plan vs every filed plan by assets

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

$6,980,523 Top 49% higher than 51% 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

Downes Construction Co., LLC 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Downes Construction Co., LLC 401(k) Plan is a small filing (61 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Downes Construction Co., LLC 401(k) Plan reported net income rose from $462K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Downes Construction Co., LLC 401(k) Plan reported participants rose from 44 in the plan year 2022 filing to 61 in the plan year 2023 filing.
  • Downes Construction Co., LLC 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 061622293 · Downes Construction Co., LLC PY 2023 · 401(k)

Downes Construction Co., LLC 401(k) Plan · $7M · 61 · 51st

  • BOY $7M
  • SCH 61
  • EBSA 51st
  • PART 401(k)
  • TYPE near Homewerks Worldwide LLC 401(k)
  • NET ind #4447

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 Connecticut →

Downes Construction Co., LLC 401(k) Plan in the asset neighbourhood

Downes Construction Co., LLC 401(k) PlanDownes Construction Co., LLC…$7MHomewerks Worldwide LLC 401(k)Homewerks Worldwide LLC 401(…$7MSafe-Harbor 403(b) Thrift Plan for Employees of United Family Practice Health CenterSafe-Harbor 403(b) Thrift Pl…$7MMy Community Credit Union Capital Accumulation PlanMy Community Credit Union Ca…$7MBill Alexander Automotive Group 401(k) Profit Sharing PlanBill Alexander Automotive Gr…$7M
End-of-year total assets ($M) among Downes Construction Co., LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Downes Construction Co., LLC multi-year asset trail

Sponsor-wide plan assets over time

All Downes Construction Co., LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 40.61811892045015% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $5.2M $7.31M ▲ +40.6%
Year Plans Participants Total Assets
2022 1 44 $5M
2023 1 61 $7M
2024 1 71 $7M

Downes Construction Co., LLC filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$7M
Net Income$2M
Employer EIN061622293
Plan Effective Date2014-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

Downes Construction Co., LLC 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Downes Construction Co., LLC 401(k) Plan, Total assets ($B): 0.006980523 · Participants: 61Downes Construction Co., LLC 401(k) PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Downes Construction Co., LLC 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Downes Construction Co., LLC 401(k) Plan side-by-side with 3 peers →

Downes Construction Co., LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Homewerks Worldwide LLC 401(k) in IL ($7M); by covered participants it is Trex Commercial Products 401(k) Plan and Trust in MN (61 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61 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 Downes Construction Co., LLC 401(k) Plan assets move in 2023? ▼
Downes Construction Co., LLC 401(k) Plan surged - up 34.3% during 2023, from $5M to $7M. Reported net income was $2M.
How have Downes Construction Co., LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Downes Construction Co., LLC's sponsor-wide assets grew 40.6%, from $5M to $7M.
Which 401(k) plans are similar in size to Downes Construction Co., LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Homewerks Worldwide LLC 401(k) in IL ($7M, 119 participants).
Which 401(k) plans cover a similar participant headcount to Downes Construction Co., LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Trex Commercial Products 401(k) Plan and Trust in MN (61 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 061622293.

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.