Profit Sharing · DOL Form 5500 · 2023
Faulk Electric Corporation Profit Sharing Plan
Data updated 2026-08-25
- $580K
- Total assets Small plan by assets
- 12
- Participants Small participant base
- 19th
- Percentile by assets National rank
- $48,343
- Avg per participant Low balance/head
Official DOL plan name: Faulk Electric Corp Profit Sharing Plan & Trust Agreement · Sponsored by Faulk Electric Corporation · Arizona · Construction
$580K in assets, 12 participants
Faulk Electric Corporation's Faulk Electric Corp Profit Sharing Plan & Trust Agreement reported $580K in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.
- #1,583 in Construction (9,030 peers)
Faulk Electric Corporation multi-year trail
Faulk Electric Corporation's plans moved +30.3% in assets from 2022 to 2023; this filing shows Faulk Electric Corp Profit Sharing Plan & Trust Agreement at $580K / 12 participants.
- #1,583
- in Construction (9,030 peers)
- +30.3%
- assets growth YoY
Faulk Electric Corp Profit Sharing Plan & Trust Agreement among the smaller filed plans by assets
Faulk Electric Corp Profit Sharing Plan & Trust Agreement vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$580,120 19th percentile higher than 19% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Faulk Electric Corp Profit Sharing Plan & Trust Agreement among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faulk Electric Corp Profit Sharing Plan & Trust Agreement is a small filing (12 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Faulk Electric Corp Profit Sharing Plan & Trust Agreement reported net income rose from $19K in the plan year 2022 filing to $135K in the plan year 2023 filing.
- Faulk Electric Corp Profit Sharing Plan & Trust Agreement end-of-year assets rose from $445K in the plan year 2022 filing to $580K in the plan year 2023 filing.
- Faulk Electric Corp Profit Sharing Plan & Trust Agreement reported participants fell from 16 in the plan year 2022 filing to 12 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 860377319 · Faulk Electric Corporation PY 2023 · Profit Sharing
Faulk Electric Corp Profit Sharing Plan & Trust Agreement · $580K · 12 · 19th
- TYPE $580K
- NET 12
- BOOK 19th
- VS-ST Profit Sharing
- BOY near J. Lawrence Brown, Esquire Retirement Plan
- SCH ind #1583
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 Arizona →
Faulk Electric Corp Profit Sharing Plan & Trust Agreement in the asset neighbourhood
Faulk Electric Corporation multi-year asset trail
Sponsor-wide plan assets over time
All Faulk Electric Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $580K 30.259837074160895% vs 2022
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 16 | $445K |
| 2023 | 1 | 12 | $580K |
Faulk Electric Corporation filing trail (2023)
| Total Assets (Beginning of Year) | $445K |
|---|---|
| Net Assets (End of Year) | $576K |
| Net Income | $135K |
| Employer EIN | 860377319 |
| Plan Effective Date | 1982-10-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Arizona
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Kitchell Affiliates Employees' Profit Sharing Plan $55M · 543
- Food & Beverage Workers Union Local 23 & Employers Pension Plan $44M · 1,680
- M R Sheet Metal Mfg Inc Profit Sharing Plan Trust $38M · 26
- Marana Health Center, Inc. 403b Plan $28M · 725
- Center for Biological Diversity 403(b) DC Plan $26M · 180
Faulk Electric Corp Profit Sharing Plan & Trust Agreement's out-of-state Profit Sharing peers by assets and headcount
Outside Arizona, the nearest Profit Sharing by assets is J. Lawrence Brown, Esquire Retirement Plan in FL ($580K); by covered participants it is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (12 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($580K here).
- J. Lawrence Brown, Esquire Retirement Plan (FL) $580K · N/A
- M & R Anderson, L.L.C. Profit Sharing Plan (CO) $580K · N/A
- Gross-Rhode Exteriors Profit Sharing Plan (CO) $580K · 3
- Roger C. Winkle Profit Sharing Plan (NJ) $580K · 5
Similar participant headcount
Nearest other-state filings by covered participants (12 participants); asset peers above are excluded.
- Watering Lane Ventures, Inc. Profit Sharing Plan (NH) 12 · 0 off
- Pence Visual Communications Inc. Retirement Plan (OH) 12 · 0 off
- American Century Investments (CA) 12 · 0 off
- K&s Holdings Group, Inc. Retirement Plan (FL) 12 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.