401(k) · DOL Form 5500 · 2023

Valley Electrical Contractors, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
135
Participants Small participant base
53rd
Percentile by assets National rank
$57,116
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan · Sponsored by Valley Electrical Contractors, Inc. · Michigan · Construction

$8M in assets, 135 participants

Valley Electrical Contractors, Inc.'s Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan reported $8M in total assets and 135 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.

  • #4,644 in Construction (9,030 peers)

Coverage in Michigan

Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan covers 135 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $8M.

#4,644
in Construction (9,030 peers)
+30.9%
assets growth YoY

Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$7,710,721 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

Valley Electrical Contractors, Inc. 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. Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan reported net income rose from -$717K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan reported participants rose from 132 in the plan year 2022 filing to 135 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 382338712 · Valley Electrical Contractors, Inc. PY 2023 · 401(k)

Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan · $8M · 135 · 53rd

  • EBSA $8M
  • PART 135
  • TYPE 53rd
  • NET 401(k)
  • BOOK near Cedar Crest Nursing Centre, Inc. 401(k) Profit Sharing Plan
  • VS-ST ind #4644

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 →

Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Valley Electrical Contractors, Inc. 401(k) Profit Sharing PlanValley Electrical Contractor…$8MCedar Crest Nursing Centre, Inc. 401(k) Profit Sharing PlanCedar Crest Nursing Centre, …$8MJms Thespian, Inc. Profit Sharing PlanJms Thespian, Inc. Profit Sh…$8MBath State Bancorp Employee Stock Ownership Plan with 401(k) ProvisionsBath State Bancorp Employee …$8MChestnut Ridge Foam, Inc. Retirement Savings PlanChestnut Ridge Foam, Inc. Re…$8M
End-of-year total assets ($M) among Valley Electrical Contractors, Inc. 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)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN382338712
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valley Electrical Contractors, Inc.)

Sponsor-wide plan assets over time

All Valley Electrical Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 33.718846607110336% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.89M $7.88M ▲ +33.8%
Year Plans Participants Total Assets
2022 1 132 $6M
2023 1 135 $8M
2024 1 145 $8M

Nearby 401(k) Plans in Michigan

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

Valley Electrical Contractors, Inc. 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 ($B) Participants Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.007710721 · Participants: 135Valley Electrical Contractors, Inc. 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
Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Valley Electrical Contractors, Inc. 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 Cedar Crest Nursing Centre, Inc. 401(k) Profit Sharing Plan in RI ($8M); by covered participants it is Seven Hills Ob-Gyn Associates, Inc. Profit Sharing Plan in NJ (135 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (135 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 Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan surged - up 30.9% during 2023, from $6M to $8M. Reported net income was $2M.
How have Valley Electrical Contractors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Valley Electrical Contractors, Inc.'s sponsor-wide assets grew 33.7%, from $6M to $8M.
Which 401(k) plans are similar in size to Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cedar Crest Nursing Centre, Inc. 401(k) Profit Sharing Plan in RI ($8M, 199 participants).
Which 401(k) plans cover a similar participant headcount to Valley Electrical Contractors, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Seven Hills Ob-Gyn Associates, Inc. Profit Sharing Plan in NJ (135 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 382338712.

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.