401(k) · DOL Form 5500 · 2023

Elgi Compressors USA, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
183
Participants Below avg headcount
61st
Percentile by assets National rank
$60,435
Avg per participant Low balance/head
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Official DOL plan name: Retirement Savings Plan for Elgi Compressors USA, Inc. · Sponsored by Elgi Compressors USA, Inc. · North Carolina · Wholesale Trade

$11M in assets, 183 participants

Elgi Compressors USA, Inc.'s Retirement Savings Plan for Elgi Compressors USA, Inc. reported $11M in total assets and 183 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #3,363 in Wholesale Trade (6,309 peers)

Coverage in North Carolina

Retirement Savings Plan for Elgi Compressors USA, Inc. covers 183 participants in North Carolina, about 22% of the average North Carolina filer (state average ~819 per filing). Assets: $11M.

#3,363
in Wholesale Trade (6,309 peers)
+6.0%
assets growth YoY

Retirement Savings Plan for Elgi Compressors USA, Inc.'s mid-pack asset rank among Wholesale Trade and all filers

Retirement Savings Plan for Elgi Compressors USA, Inc. vs every filed plan by assets

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

$11,059,547 Top 39% higher than 61% 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

Retirement Savings Plan for Elgi Compressors USA, Inc. 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. Retirement Savings Plan for Elgi Compressors USA, Inc. sits mid-pack in the medium band (183 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Savings Plan for Elgi Compressors USA, Inc. reported net income rose from -$89K in the plan year 2022 filing to $627K in the plan year 2023 filing.
  • Retirement Savings Plan for Elgi Compressors USA, Inc. reported participants rose from 170 in the plan year 2022 filing to 183 in the plan year 2023 filing.
  • Retirement Savings Plan for Elgi Compressors USA, Inc. end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 331224643 · Elgi Compressors USA, Inc. PY 2023 · 401(k)

Retirement Savings Plan for Elgi Compressors USA, Inc. · $11M · 183 · 61st

  • PART $11M
  • TYPE 183
  • NET 61st
  • BOOK 401(k)
  • VS-ST near Lessard Design Inc. Employees Savings Trust
  • BOY ind #3363

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Retirement Savings Plan for Elgi Compressors USA, Inc. in the asset neighbourhood

Retirement Savings Plan for Elgi Compressors USA, Inc.Retirement Savings Plan for …$11MLessard Design Inc. Employees Savings TrustLessard Design Inc. Employee…$11MBell Lumber & Pole Company 401(k) Profit Sharing PlanBell Lumber & Pole Company 4…$11MUtah Medical Products, Inc. 401(k) Retirement PlanUtah Medical Products, Inc. …$11MGroq 401(k) Plan$11M
End-of-year total assets ($M) among Retirement Savings Plan for Elgi Compressors USA, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$627K
Employer EIN331224643
Plan Effective Date1972-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elgi Compressors USA, Inc.)

Sponsor-wide plan assets over time

All Elgi Compressors USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 7.463332959170889% vs 2022
2024 filing year
$10M$10.5M$11M$11.5M 202220232024 $10.4M $11.2M ▲ +7.5%
Year Plans Participants Total Assets
2022 1 170 $10M
2023 1 183 $11M
2024 1 194 $11M

Nearby 401(k) Plans in North Carolina

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

Retirement Savings Plan for Elgi Compressors USA, Inc. vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Retirement Savings Plan for Elgi Compressors USA, Inc., Total assets ($B): 0.011059547 · Participants: 183Retirement Savings Plan for Elgi Compressors USA, Inc.The Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Retirement Savings Plan for Elgi Compressors USA, Inc. vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Retirement Savings Plan for Elgi Compressors USA, Inc. side-by-side with 3 peers →

Retirement Savings Plan for Elgi Compressors USA, Inc.'s out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Lessard Design Inc. Employees Savings Trust in VA ($11M); by covered participants it is Ncc Ee , LLC 401(k) Profit Sharing Plan and Trust in VA (183 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (183 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 Retirement Savings Plan for Elgi Compressors USA, Inc. assets move in 2023? ▼
Retirement Savings Plan for Elgi Compressors USA, Inc. grew at a solid clip - up 6.0% during 2023, from $10M to $11M. Reported net income was $627K.
How have Elgi Compressors USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Elgi Compressors USA, Inc.'s sponsor-wide assets grew 7.5%, from $10M to $11M.
Which 401(k) plans are similar in size to Retirement Savings Plan for Elgi Compressors USA, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Lessard Design Inc. Employees Savings Trust in VA ($11M, 71 participants).
Which 401(k) plans cover a similar participant headcount to Retirement Savings Plan for Elgi Compressors USA, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Ncc Ee , LLC 401(k) Profit Sharing Plan and Trust in VA (183 participants, $1M 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 331224643.

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.