401(k) · DOL Form 5500 · 2024

Nardone Electrical Corporation 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
139
Participants Small participant base
49th
Percentile by assets National rank
$51,321
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nardone Electrical Corporation 401(k) Plan · Sponsored by Nardone Electrical Corporation · Massachusetts · Construction

$7M in assets, 139 participants

Nardone Electrical Corporation's Nardone Electrical Corporation 401(k) Plan reported $7M in total assets and 139 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #4,259 in Construction (9,039 peers)

Coverage in Massachusetts

Nardone Electrical Corporation 401(k) Plan covers 139 participants in Massachusetts, about 21% of the average Massachusetts filer (state average ~659 per filing). Assets: $7M.

#4,259
in Construction (9,039 peers)
+23.2%
assets growth YoY

Nardone Electrical Corporation 401(k) Plan's mid-pack asset rank among Construction and all filers

Nardone Electrical Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,133,673 49th percentile higher than 49% of 123,620 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 2024

Nardone Electrical Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nardone Electrical Corporation 401(k) Plan sits mid-pack in the medium band (139 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nardone Electrical Corporation 401(k) Plan reported net income rose from $729K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Nardone Electrical Corporation 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Nardone Electrical Corporation 401(k) Plan reported participants rose from 119 in the plan year 2023 filing to 139 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042951662 · Nardone Electrical Corporation PY 2024 · 401(k)

Nardone Electrical Corporation 401(k) Plan · $7M · 139 · 49th

  • TYPE $7M
  • NET 139
  • BOOK 49th
  • VS-ST 401(k)
  • BOY near Trimble Weist Dye & Ezra Cpas 401(k) Profit Sharing Plan & Trust
  • SCH ind #4259

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 Massachusetts →

Nardone Electrical Corporation 401(k) Plan in the asset neighbourhood

Nardone Electrical Corporation 401(k) PlanNardone Electrical Corporati…$7MTrimble Weist Dye & Ezra Cpas 401(k) Profit Sharing Plan & TrustTrimble Weist Dye & Ezra Cpa…$7ML & L Distributing Co., Inc. 401(k) Plan and TrustL & L Distributing Co., Inc.…$7MGoop Inc. 401(k) Plan$7MKolter Hospitality 401(k) PlanKolter Hospitality 401(k) Pl…$7M
End-of-year total assets ($M) among Nardone Electrical Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN042951662
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nardone Electrical Corporation)

Sponsor-wide plan assets over time

All Nardone Electrical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$7M 40.9800638648806% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $5.06M $7.13M ▲ +40.9%
Year Plans Participants Total Assets
2022 1 102 $5M
2023 1 119 $6M
2024 1 139 $7M

Nearby 401(k) Plans in Massachusetts

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

Nardone Electrical Corporation 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Nardone Electrical Corporation 401(k) Plan, Total assets ($B): 0.007133673 · Participants: 139Nardone Electrical Corporation 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Nardone Electrical Corporation 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Nardone Electrical Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Trimble Weist Dye & Ezra Cpas 401(k) Profit Sharing Plan & Trust in CO ($7M); by covered participants it is Minamyer Residential 401(k) Plan in OH (139 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (139 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nardone Electrical Corporation 401(k) Plan assets move in 2024?
Nardone Electrical Corporation 401(k) Plan grew sharply - up 23.2% during 2024, from $6M to $7M. Reported net income was $1M.
How have Nardone Electrical Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Nardone Electrical Corporation's sponsor-wide assets grew 41.0%, from $5M to $7M.
Which 401(k) plans are similar in size to Nardone Electrical Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Trimble Weist Dye & Ezra Cpas 401(k) Profit Sharing Plan & Trust in CO ($7M, 8 participants).
Which 401(k) plans cover a similar participant headcount to Nardone Electrical Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Minamyer Residential 401(k) Plan in OH (139 participants, $2M in assets).