401(k) · DOL Form 5500 · 2024

Southern Electrical Equipment Company, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
54
Participants Small participant base
33rd
Percentile by assets National rank
$49,972
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Seeco 401(k) Savings Plan · Sponsored by Southern Electrical Equipment Company, Inc. · North Carolina · Manufacturing

$3M in assets, 54 participants

Southern Electrical Equipment Company, Inc.'s Seeco 401(k) Savings Plan reported $3M in total assets and 54 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #2,943 in Manufacturing (17,777 peers)

Southern Electrical Equipment Company, Inc. multi-year trail

Southern Electrical Equipment Company, Inc.'s plans moved +42.6% in assets from 2022 to 2024; this filing shows Seeco 401(k) Savings Plan at $3M / 54 participants.

#2,943
in Manufacturing (17,777 peers)
+26.7%
assets growth YoY

Seeco 401(k) Savings Plan among the smaller filed plans by assets

Seeco 401(k) Savings Plan vs every filed plan by assets

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

$2,698,505 33rd percentile higher than 33% 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

Seeco 401(k) Savings 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. Seeco 401(k) Savings Plan is a small filing (54 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Seeco 401(k) Savings Plan reported net income rose from $237K in the plan year 2023 filing to $569K in the plan year 2024 filing.
  • Seeco 401(k) Savings Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Seeco 401(k) Savings Plan reported participants fell from 55 in the plan year 2023 filing to 54 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 560649209 · Southern Electrical Equipment Company, Inc. PY 2024 · 401(k)

Seeco 401(k) Savings Plan · $3M · 54 · 33rd

  • SCH $3M
  • SCH 54
  • SCH 33rd
  • SCH 401(k)
  • SCH near Cyrus Ventures Corporation 401(k) Plan
  • SCH ind #2943

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 Manufacturing retirement plans → · Plans in North Carolina →

Seeco 401(k) Savings Plan in the asset neighbourhood

Seeco 401(k) Savings Plan$3MCyrus Ventures Corporation 401(k) PlanCyrus Ventures Corporation 4…$3MDigilink 401(k) Retirement PlanDigilink 401(k) Retirement P…$3MZamler, Shiffman & Karfis, P.C. 401(k) Plan and TrustZamler, Shiffman & Karfis, P…$3MGeil Enterprises, Inc. 401(k) Profit Sharing PlanGeil Enterprises, Inc. 401(k…$3M
End-of-year total assets ($M) among Seeco 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Southern Electrical Equipment Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Southern Electrical Equipment Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 42.62070678642873% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.89M $2.7M ▲ +42.9%
Year Plans Participants Total Assets
2022 1 48 $2M
2023 1 55 $2M
2024 1 54 $3M

Southern Electrical Equipment Company, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$569K
Employer EIN560649209
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Seeco 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Seeco 401(k) Savings Plan, Total assets ($B): 0.002698505 · Participants: 54Seeco 401(k) Savings 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
Seeco 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Seeco 401(k) Savings Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Cyrus Ventures Corporation 401(k) Plan in MI ($3M); by covered participants it is West Tennessee Ready Mix 401(k) Plan in TN (54 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (54 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 Seeco 401(k) Savings Plan assets move in 2024? ▼
Seeco 401(k) Savings Plan grew sharply - up 26.7% during 2024, from $2M to $3M. Reported net income was $569K.
How have Southern Electrical Equipment Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Electrical Equipment Company, Inc.'s sponsor-wide assets grew 42.6%, from $2M to $3M.
Which 401(k) plans are similar in size to Seeco 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cyrus Ventures Corporation 401(k) Plan in MI ($3M, 2 participants).
Which 401(k) plans cover a similar participant headcount to Seeco 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is West Tennessee Ready Mix 401(k) Plan in TN (54 participants, $112K 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 560649209.

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.