401(k) · DOL Form 5500 · 2024

Buist Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$79M
Total assets Below avg plan size
450
Participants Below avg headcount
89th
Percentile by assets National rank
$174,623
Avg per participant Above avg balance/head
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Official DOL plan name: Buist Electric 401(k) Plan · Sponsored by Buist Electric, Inc. · Michigan · Construction

$79M in assets, 450 participants

Buist Electric, Inc.'s Buist Electric 401(k) Plan reported $79M in total assets and 450 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,839 in Construction (9,039 peers)

Where Buist Electric 401(k) Plan sits by assets

Buist Electric 401(k) Plan sits in the top quartile of all filed plans by assets, $79M for 450 participants (~$174,623/participant), up 22.5% in 2024.

#7,839
in Construction (9,039 peers)
+22.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Buist Electric 401(k) Plan's outsized position by total assets

Buist Electric 401(k) Plan vs every filed plan by assets

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

$78,580,459 Top 11% higher than 89% 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

Buist Electric 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. Buist Electric 401(k) Plan sits mid-pack in the medium band (450 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Buist Electric 401(k) Plan reported net income rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Buist Electric 401(k) Plan end-of-year assets rose from $64M in the plan year 2023 filing to $79M in the plan year 2024 filing.
  • Buist Electric 401(k) Plan reported participants rose from 407 in the plan year 2023 filing to 450 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 382177580 · Buist Electric, Inc. PY 2024 · 401(k)

Buist Electric 401(k) Plan · $79M · 450 · 89th

  • PART $79M
  • TYPE 450
  • NET 89th
  • BOOK 401(k)
  • VS-ST near Banco De Sabadell, S.a. 401(k) Plan
  • BOY ind #7839

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 Michigan →

Buist Electric 401(k) Plan in the asset neighbourhood

Buist Electric 401(k) Plan$79MBanco De Sabadell, S.a. 401(k) PlanBanco De Sabadell, S.a. 401(…$79MRadio Systems Corporation Retirement Savings PlanRadio Systems Corporation Re…$79MHarrington Industrial Plastics 401(k) PlanHarrington Industrial Plasti…$79MMurphy Employee Profit Sharing and 401(k) PlanMurphy Employee Profit Shari…$79M
End-of-year total assets ($M) among Buist Electric 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$79M
Net Income$14M
Employer EIN382177580
Plan Effective Date1997-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Buist Electric, Inc.)

Sponsor-wide plan assets over time

All Buist Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$139M 37.193490278553675% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $101M $139M ▲ +37.2%
Year Plans Participants Total Assets
2022 2 762 $101M
2023 2 803 $115M
2024 2 876 $139M

Nearby 401(k) Plans in Michigan

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

Buist Electric 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Buist Electric 401(k) Plan, Total assets ($B): 0.078580459 · Participants: 450Buist Electric 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Buist Electric 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Buist Electric 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Banco De Sabadell, S.a. 401(k) Plan in FL ($79M); by covered participants it is Kneaders 401(k) Retirement Plan in UT (450 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (450 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 Buist Electric 401(k) Plan assets move in 2024? ▼
Buist Electric 401(k) Plan grew sharply - up 22.5% during 2024, from $64M to $79M. Reported net income was $14M.
How have Buist Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Buist Electric, Inc.'s sponsor-wide assets grew 37.2%, from $101M to $139M.
Where does Buist Electric 401(k) Plan rank by assets among Form 5500 filers? ▼
Buist Electric 401(k) Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Buist Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Banco De Sabadell, S.a. 401(k) Plan in FL ($79M, 235 participants).
Which 401(k) plans cover a similar participant headcount to Buist Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kneaders 401(k) Retirement Plan in UT (450 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382177580.

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.