401(k) · DOL Form 5500 · 2024

Net Power, LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
42
Participants Small participant base
37th
Percentile by assets National rank
$87,154
Avg per participant Below avg balance/head
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Official DOL plan name: Net Power 401(k) Plan · Sponsored by Net Power, LLC · North Carolina · Utilities

$4M in assets, 42 participants

Net Power, LLC's Net Power 401(k) Plan reported $4M in total assets and 42 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #97 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Net Power 401(k) Plan ranks #97 of 732 2024 filers by assets (14668% of the sector average)-$4M for 42 participants.

#97
in Utilities (732 peers)
+95.8%
assets growth YoY

Net Power 401(k) Plan's mid-pack asset rank among Utilities and all filers

Net Power 401(k) Plan vs every filed plan by assets

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

$3,660,466 37th percentile higher than 37% 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

Net Power 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. Net Power 401(k) Plan is a small filing (42 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 271859613 · Net Power, LLC PY 2024 · 401(k)

Net Power 401(k) Plan · $4M · 42 · 37th

  • SCH $4M
  • EBSA 42
  • PART 37th
  • TYPE 401(k)
  • NET near Employee Benefit Plan of Tulare Youth Service Bureau, Incorporated
  • BOOK ind #97

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 Utilities retirement plans → · Plans in North Carolina →

Net Power 401(k) Plan in the asset neighbourhood

Net Power 401(k) Plan$4MEmployee Benefit Plan of Tulare Youth Service Bureau, IncorporatedEmployee Benefit Plan of Tul…$4MKms, LLC 401(k)/Profit Sharing PlanKms, LLC 401(k)/Profit Shari…$4MM.a.L. Enterprises, Inc. Employees' 401(k) Profit Sharing PlanM.a.L. Enterprises, Inc. Emp…$4MYanowitz Law Firm, PLLC 401(k) PlanYanowitz Law Firm, PLLC 401(…$4M
End-of-year total assets ($M) among Net Power 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$4M
Net Income$2M
Employer EIN271859613
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Net Power 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Net Power 401(k) Plan, Total assets ($B): 0.003660466 · Participants: 42Net Power 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Net Power 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Net Power 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Employee Benefit Plan of Tulare Youth Service Bureau, Incorporated in CA ($4M); by covered participants it is Laforce, LLC Union 401(k) Profit Sharing Plan and Trust in WI (42 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (42 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 Net Power 401(k) Plan assets move in 2024? ▼
Net Power 401(k) Plan surged - up 95.8% during 2024, from $2M to $4M. Reported net income was $2M.
Which 401(k) plans are similar in size to Net Power 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Employee Benefit Plan of Tulare Youth Service Bureau, Incorporated in CA ($4M, 55 participants).
Which 401(k) plans cover a similar participant headcount to Net Power 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Laforce, LLC Union 401(k) Profit Sharing Plan and Trust in WI (42 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 271859613.

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.