401(k) · DOL Form 5500 · 2024

Patel Consultants Corporation 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
64
Participants Small participant base
52nd
Percentile by assets National rank
$131,112
Avg per participant Near avg balance/head
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Official DOL plan name: Patel Consultants 401(k) Plan · Sponsored by Patel Consultants Corporation · New Jersey · Professional & Technical Services

$8M in assets, 64 participants

Patel Consultants Corporation's Patel Consultants 401(k) Plan reported $8M in total assets and 64 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #10,124 in Professional & Technical Services (20,173 peers)

What the 2024 filing shows

Patel Consultants 401(k) Plan holds $8M for 64 participants - about $131,112 per participant, above the median plan by assets.

#10,124
in Professional & Technical Services (20,173 peers)
+7.8%
assets growth YoY

Patel Consultants 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Patel Consultants 401(k) Plan vs every filed plan by assets

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

$8,391,168 Top 48% higher than 52% 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

Patel Consultants 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Patel Consultants 401(k) Plan is a small filing (64 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Patel Consultants 401(k) Plan reported net income rose from $126K in the plan year 2023 filing to $604K in the plan year 2024 filing.
  • Patel Consultants 401(k) Plan reported participants fell from 87 in the plan year 2023 filing to 64 in the plan year 2024 filing.
  • Patel Consultants 401(k) Plan end-of-year assets rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 222120360 · Patel Consultants Corporation PY 2024 · 401(k)

Patel Consultants 401(k) Plan · $8M · 64 · 52nd

  • BOOK $8M
  • VS-ST 64
  • BOY 52nd
  • SCH 401(k)
  • EBSA near Antares Ccr Acquistion, LLC 401(k) Plan
  • PART ind #10124

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 Professional & Technical Services retirement plans → · Plans in New Jersey →

Patel Consultants 401(k) Plan in the asset neighbourhood

Patel Consultants 401(k) Plan$8MAntares Ccr Acquistion, LLC 401(k) PlanAntares Ccr Acquistion, LLC …$8MSpazzarini Construction Co., LLC. 401(k) Profit Sharing PlanSpazzarini Construction Co.,…$8MGreen Enterprises 401(k) Retirement PlanGreen Enterprises 401(k) Ret…$8MThe Santa Lucia Preserve Co. 401(k) PlanThe Santa Lucia Preserve Co.…$8M
End-of-year total assets ($M) among Patel Consultants 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$604K
Employer EIN222120360
Plan Effective Date2002-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Patel Consultants Corporation)

Sponsor-wide plan assets over time

All Patel Consultants Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$8M 9.519881552266733% vs 2022
2024 filing year
$7.5M$8M$8.5M 202220232024 $7.66M $8.39M ▲ +9.5%
Year Plans Participants Total Assets
2022 1 85 $8M
2023 1 87 $8M
2024 1 64 $8M

Nearby 401(k) Plans in New Jersey

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

Patel Consultants 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Patel Consultants 401(k) Plan, Total assets ($B): 0.008391168 · Participants: 64Patel Consultants 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Patel Consultants 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Patel Consultants 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Antares Ccr Acquistion, LLC 401(k) Plan in MI ($8M); by covered participants it is Kwik Goal Ltd. 401(k) Plan in PA (64 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (64 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 Patel Consultants 401(k) Plan assets move in 2024?
Patel Consultants 401(k) Plan grew at a solid clip - up 7.8% during 2024, from $8M to $8M. Reported net income was $604K.
How have Patel Consultants Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Patel Consultants Corporation's sponsor-wide assets grew 9.5%, from $8M to $8M.
Which 401(k) plans are similar in size to Patel Consultants 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Antares Ccr Acquistion, LLC 401(k) Plan in MI ($8M, 136 participants).
Which 401(k) plans cover a similar participant headcount to Patel Consultants 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Kwik Goal Ltd. 401(k) Plan in PA (64 participants, $5M in assets).