401(k) · DOL Form 5500 · 2023

Baker Mechanical, Inc. 401(k) Plan

Data updated 2026-08-25

$115M
Total assets Near avg plan size
380
Participants Below avg headcount
92nd
Percentile by assets National rank
$301,334
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Baker Group 401(k) and Employee Stock Ownership Plan · Sponsored by Baker Mechanical, Inc. · Iowa · Construction

$115M in assets, 380 participants

Baker Mechanical, Inc.'s Baker Group 401(k) and Employee Stock Ownership Plan reported $115M in total assets and 380 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,173 in Construction (9,030 peers)

Where Baker Group 401(k) and Employee Stock Ownership Plan sits by assets

Baker Group 401(k) and Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $115M for 380 participants (~$301,334/participant), up 92.7% in 2023.

#8,173
in Construction (9,030 peers)
+92.7%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Baker Group 401(k) and Employee Stock Ownership Plan's outsized position by total assets

Baker Group 401(k) and Employee Stock Ownership Plan vs every filed plan by assets

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

$114,506,883 Top 8% higher than 92% 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

Baker Group 401(k) and Employee Stock Ownership 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. Baker Group 401(k) and Employee Stock Ownership Plan sits mid-pack in the medium band (380 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Baker Group 401(k) and Employee Stock Ownership Plan end-of-year assets rose from $59M in the plan year 2022 filing to $115M in the plan year 2023 filing.
  • Baker Group 401(k) and Employee Stock Ownership Plan reported net income rose from $31M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • Baker Group 401(k) and Employee Stock Ownership Plan reported participants rose from 362 in the plan year 2022 filing to 380 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 420890441 · Baker Mechanical, Inc. PY 2023 · 401(k)

Baker Group 401(k) and Employee Stock Ownership Plan · $115M · 380 · 92nd

  • EBSA $115M
  • PART 380
  • TYPE 92nd
  • NET 401(k)
  • BOOK near The 401(k) Plan of the New York Racing Association, Inc.
  • VS-ST ind #8173

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 Iowa →

Baker Group 401(k) and Employee Stock Ownership Plan in the asset neighbourhood

Baker Group 401(k) and Employee Stock Ownership PlanBaker Group 401(k) and Emplo…$115MThe 401(k) Plan of the New York Racing Association, Inc.The 401(k) Plan of the New Y…$115MClyde & Co US LLP 401(k) Plan$114MGrede Savings Plan$114MFidelity Building Services Group 401(k)Fidelity Building Services G…$114M
End-of-year total assets ($M) among Baker Group 401(k) and Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$64M
Net Income$56M
Employer EIN420890441
Plan Effective Date1989-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baker Mechanical, Inc.)

Sponsor-wide plan assets over time

All Baker Mechanical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$278M 367.4478888318413% vs 2022
2024 filing year
$0M$100M$200M$300M 202220232024 $59.4M $278M ▲ +367.4%
Year Plans Participants Total Assets
2022 1 362 $59M
2023 1 380 $115M
2024 1 393 $278M

Nearby 401(k) Plans in Iowa

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

Baker Group 401(k) and Employee Stock Ownership Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Baker Group 401(k) and Employee Stock Ownership Plan, Total assets ($B): 0.114506883 · Participants: 380Baker Group 401(k) and Employee Stock Ownership PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Baker Group 401(k) and Employee Stock Ownership Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Baker Group 401(k) and Employee Stock Ownership Plan side-by-side with 3 peers →

Baker Group 401(k) and Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is The 401(k) Plan of the New York Racing Association, Inc. in NY ($115M); by covered participants it is Midwest Radiology P.a. Profit Sharing Plan in MN (380 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($115M here).

Similar participant headcount

Nearest other-state filings by covered participants (380 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 Baker Group 401(k) and Employee Stock Ownership Plan assets move in 2023? ▼
Baker Group 401(k) and Employee Stock Ownership Plan surged - up 92.7% during 2023, from $59M to $115M. Reported net income was $56M.
How have Baker Mechanical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Baker Mechanical, Inc.'s sponsor-wide assets grew 367.4%, from $59M to $278M.
Where does Baker Group 401(k) and Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Baker Group 401(k) and Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Baker Group 401(k) and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is The 401(k) Plan of the New York Racing Association, Inc. in NY ($115M, 894 participants).
Which 401(k) plans cover a similar participant headcount to Baker Group 401(k) and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Midwest Radiology P.a. Profit Sharing Plan in MN (380 participants, $275M 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 420890441.

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.