401(k) · DOL Form 5500 · 2023

Borrell Electric Co., Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
198
Participants Below avg headcount
60th
Percentile by assets National rank
$53,370
Avg per participant Low balance/head
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Official DOL plan name: Borrell Electric Co., Inc. 401(k) Plan · Sponsored by Borrell Electric Co., Inc. · Florida · Construction

$11M in assets, 198 participants

Borrell Electric Co., Inc.'s Borrell Electric Co., Inc. 401(k) Plan reported $11M in total assets and 198 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #5,252 in Construction (9,030 peers)

Coverage in Florida

Borrell Electric Co., Inc. 401(k) Plan covers 198 participants in Florida, about 32% of the average Florida filer (state average ~628 per filing). Assets: $11M.

#5,252
in Construction (9,030 peers)
+14.4%
assets growth YoY

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

Borrell Electric Co., Inc. 401(k) Plan vs every filed plan by assets

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

$10,567,164 Top 40% higher than 60% 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

Borrell Electric Co., Inc. 401(k) 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. Borrell Electric Co., Inc. 401(k) Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Borrell Electric Co., Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Borrell Electric Co., Inc. 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Borrell Electric Co., Inc. 401(k) Plan reported participants fell from 210 in the plan year 2022 filing to 198 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 593365401 · Borrell Electric Co., Inc. PY 2023 · 401(k)

Borrell Electric Co., Inc. 401(k) Plan · $11M · 198 · 60th

  • BOY $11M
  • BOY 198
  • BOY 60th
  • BOY 401(k)
  • BOY near The Academy Charter School 401(k) Plan
  • BOY ind #5252

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 Florida →

Borrell Electric Co., Inc. 401(k) Plan in the asset neighbourhood

Borrell Electric Co., Inc. 401(k) PlanBorrell Electric Co., Inc. 4…$11MThe Academy Charter School 401(k) PlanThe Academy Charter School 4…$11MBob Mills Furniture Co. LLC 401(k) PspBob Mills Furniture Co. LLC …$11MSpp Capital Partners, LLC 401(k) PlanSpp Capital Partners, LLC 40…$11MUtility System Efficiencies 401(k) Profit Sharing PlanUtility System Efficiencies …$11M
End-of-year total assets ($M) among Borrell Electric Co., Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN593365401
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Borrell Electric Co., Inc.)

Sponsor-wide plan assets over time

All Borrell Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 36.007029024763405% vs 2022
2024 filing year
$8M$9M$10M$11M$12M$13M 202220232024 $9.24M $12.6M ▲ +36.0%
Year Plans Participants Total Assets
2022 1 210 $9M
2023 1 198 $11M
2024 1 165 $13M

Nearby 401(k) Plans in Florida

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

Borrell Electric Co., Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Borrell Electric Co., Inc. 401(k) Plan, Total assets ($B): 0.010567164 · Participants: 198Borrell Electric Co., Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Borrell Electric Co., Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Borrell Electric Co., Inc. 401(k) Plan side-by-side with 3 peers →

Borrell Electric Co., Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is The Academy Charter School 401(k) Plan in NY ($11M); by covered participants it is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 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 Borrell Electric Co., Inc. 401(k) Plan assets move in 2023? ▼
Borrell Electric Co., Inc. 401(k) Plan grew at a solid clip - up 14.4% during 2023, from $9M to $11M. Reported net income was $1M.
How have Borrell Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Borrell Electric Co., Inc.'s sponsor-wide assets grew 36.0%, from $9M to $13M.
Which 401(k) plans are similar in size to Borrell Electric Co., Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Academy Charter School 401(k) Plan in NY ($11M, 527 participants).
Which 401(k) plans cover a similar participant headcount to Borrell Electric Co., Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants, $39M 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 593365401.

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.