401(k) · DOL Form 5500 · 2024

Omega Electric Construction Company, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
85
Participants Small participant base
48th
Percentile by assets National rank
$81,690
Avg per participant Below avg balance/head
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Official DOL plan name: Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Omega Electric Construction Company, Inc. · Vermont · Construction

$7M in assets, 85 participants

Omega Electric Construction Company, Inc.'s Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan reported $7M in total assets and 85 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

  • #4,212 in Construction (9,039 peers)

What the 2024 filing shows

Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan holds $7M for 85 participants - about $81,690 per participant, in the lower half of filed plans by assets.

#4,212
in Construction (9,039 peers)
-4.1%
assets change YoY

The plan reported a net loss of $300K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$6,943,672 48th percentile higher than 48% 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

Omega Electric Construction Company, Inc. 401(k) Profit Sharing 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. Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan is a small filing (85 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan reported net income fell from $527K in the plan year 2023 filing to -$300K in the plan year 2024 filing.
  • Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan reported participants fell from 92 in the plan year 2023 filing to 85 in the plan year 2024 filing.
  • Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 042425819 · Omega Electric Construction Company, Inc. PY 2024 · 401(k)

Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan · $7M · 85 · 48th

  • PHOTO $7M
  • PHOTO 85
  • PHOTO 48th
  • PHOTO 401(k)
  • PHOTO near Feg 401(k) Plan
  • PHOTO ind #4212

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 Vermont →

Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Omega Electric Construction Company, Inc. 401(k) Profit Sharing PlanOmega Electric Construction …$7MFeg 401(k) Plan$7MBondhus Corporation 401(k) Plan and TrustBondhus Corporation 401(k) P…$7MJim Hawk Truck Trailers, Inc. 401(k) Savings PlanJim Hawk Truck Trailers, Inc…$7MHyundai Transys Georgia Powertrain, Inc. 401(k) PlanHyundai Transys Georgia Powe…$7M
End-of-year total assets ($M) among Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income-$300K
Employer EIN042425819
Plan Effective Date1971-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Omega Electric Construction Company, Inc.)

Sponsor-wide plan assets over time

All Omega Electric Construction Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 3.378557136993331% vs 2022
2024 filing year
$6.6M$6.8M$7M$7.2M$7.4M 202220232024 $6.72M $6.94M ▲ +3.3%
Year Plans Participants Total Assets
2022 1 92 $7M
2023 1 92 $7M
2024 1 85 $7M

Nearby 401(k) Plans in Vermont

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

Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Vermont, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.006943672 · Participants: 85Omega Electric Construction Company, Inc. 401(k) Profit Sharing PlanThe University of Vermont Medical Center 403(b) Plan, Total assets ($B): 2.219723296 · Participants: 12486The University of Vermont Medical Center 403(b) PlanNational Life Group 401(k) Plan, Total assets ($B): 0.335306385 · Participants: 1397National Life Group 401(k) PlanGreen Mountain Power Corporation Employee Savings and Investment Plan and Trust, Total assets ($B): 0.243285831 · Participants: 520Green Mountain Power Corporation Employee Savings and Investment Plan and TrustHusky Retirement Savings, Total assets ($B): 0.175195216 · Participants: 534Husky Retirement SavingsCasella Waste Systems 401(k) Plan, Total assets ($B): 0.160906631 · Participants: 3488Casella Waste Systems 401(k) Plan
Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Vermont, assets vs. participants

Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Vermont, the nearest 401(k) by assets is Feg 401(k) Plan in IL ($7M); by covered participants it is Heart of America Beverage Company, LLC 401(k) Plan in MO (85 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (85 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 Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan edged down modestly - down 4.1% during 2024, from $7M to $7M. Reported net income was -$300K.
How have Omega Electric Construction Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Omega Electric Construction Company, Inc.'s sponsor-wide assets grew 3.4%, from $7M to $7M.
Which 401(k) plans are similar in size to Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Feg 401(k) Plan in IL ($7M, 578 participants).
Which 401(k) plans cover a similar participant headcount to Omega Electric Construction Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Heart of America Beverage Company, LLC 401(k) Plan in MO (85 participants, $11M in assets).