401(k) · DOL Form 5500 · 2024
Korte Construction Company 401(k) Plan
Data updated 2026-08-25
- $53M
- Total assets Below avg plan size
- 215
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $245,515
- Avg per participant Above avg balance/head
Official DOL plan name: The Ralph Korte Enterprises Profit-Sharing/Thrift Plan · Sponsored by Korte Construction Company · Illinois · Construction
$53M in assets, 215 participants
Korte Construction Company's The Ralph Korte Enterprises Profit-Sharing/Thrift Plan reported $53M in total assets and 215 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #7,493 in Construction (9,039 peers)
Coverage in Illinois
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan covers 215 participants in Illinois, about 28% of the average Illinois filer (state average ~779 per filing). Assets: $53M.
- #7,493
- in Construction (9,039 peers)
- +10.0%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan's outsized position by total assets
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$52,785,740 Top 15% higher than 85% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Ralph Korte Enterprises Profit-Sharing/Thrift 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. The Ralph Korte Enterprises Profit-Sharing/Thrift Plan sits mid-pack in the medium band (215 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Ralph Korte Enterprises Profit-Sharing/Thrift Plan end-of-year assets rose from $48M in the plan year 2023 filing to $53M in the plan year 2024 filing.
- The Ralph Korte Enterprises Profit-Sharing/Thrift Plan reported net income rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 371017433 · Korte Construction Company PY 2024 · 401(k)
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan · $53M · 215 · 85th
- EOY $53M
- EOY 215
- EOY 85th
- EOY 401(k)
- EOY near Havtech Investments LLC 401(k) Plan
- EOY ind #7493
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 Illinois →
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $48M |
|---|---|
| Net Assets (End of Year) | $53M |
| Net Income | $8M |
| Employer EIN | 371017433 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Korte Construction Company)
Sponsor-wide plan assets over time
All Korte Construction Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $53M 32.47200258470498% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 200 | $40M |
| 2023 | 1 | 215 | $48M |
| 2024 | 1 | 215 | $53M |
Nearby 401(k) Plans in Illinois
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Accenture United States 401(k) Match and Savings Plan $21.3B · 66,965
- State Farm 401(k) Savings Plan $19.0B · 63,297
- United Airlines Pilot Retirement Account Plan $16.8B · 16,659
- Abbott Laboratories Stock Retirement Plan $15.8B · 38,229
- Walgreens Retirement Savings Plan $14.5B · 233,635
The Ralph Korte Enterprises Profit-Sharing/Thrift Plan's out-of-state 401(k) peers by assets and headcount
Outside Illinois, the nearest 401(k) by assets is Havtech Investments LLC 401(k) Plan in MD ($53M); by covered participants it is Systel Business Equipment Co., Inc. 401(k) Psp in NC (215 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($53M here).
- Havtech Investments LLC 401(k) Plan (MD) $53M · 517
- G.W. Berkheimer Co., Inc. 401(k) Plan (IN) $53M · 344
- Unisea 401(k) Plan (WA) $53M · 394
- Koorsen Fire & Security, Inc. 401(k) Plan (IN) $53M · 1,435
Similar participant headcount
Nearest other-state filings by covered participants (215 participants); asset peers above are excluded.
- Systel Business Equipment Co., Inc. 401(k) Psp (NC) 215 · 0 off
- Caran Precision Eng. & Mfg. Corp. Retirement Savings Plan (CA) 215 · 0 off
- Slawson Companies, Inc. Tax Advantage Plan (KS) 215 · 0 off
- Keystone Technologies, LLC 401(k) Plan (PA) 215 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.