401(k) · DOL Form 5500 · 2024

Basler Electric Company 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
300
Participants Below avg headcount
86th
Percentile by assets National rank
$200,579
Avg per participant Above avg balance/head
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Official DOL plan name: Basler Electric 401(k) Plan · Sponsored by Basler Electric Company · Illinois · Manufacturing

$60M in assets, 300 participants

Basler Electric Company's Basler Electric 401(k) Plan reported $60M in total assets and 300 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,240 in Manufacturing (17,777 peers)

Coverage in Illinois

Basler Electric 401(k) Plan covers 300 participants in Illinois, about 38% of the average Illinois filer (state average ~779 per filing). Assets: $60M.

#14,240
in Manufacturing (17,777 peers)
-3.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$60,173,784 Top 14% higher than 86% 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

Basler 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. Basler Electric 401(k) Plan sits mid-pack in the medium band (300 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Basler Electric 401(k) Plan reported net income fell from $10M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Basler Electric 401(k) Plan end-of-year assets fell from $62M in the plan year 2023 filing to $60M in the plan year 2024 filing.
  • Basler Electric 401(k) Plan reported participants rose from 292 in the plan year 2023 filing to 300 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 370628928 · Basler Electric Company PY 2024 · 401(k)

Basler Electric 401(k) Plan · $60M · 300 · 86th

  • PART $60M
  • PART 300
  • PART 86th
  • PART 401(k)
  • PART near Orr Corporation Retirement Plan
  • PART ind #14240

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 Illinois →

Basler Electric 401(k) Plan in the asset neighbourhood

The Mazzella Companies Savings & Retirement PlanThe Mazzella Companies Savin…$60MArcus Biosciences Retirement TrustArcus Biosciences Retirement…$60MOrr Corporation Retirement PlanOrr Corporation Retirement P…$60MBasler Electric 401(k) Plan$60MMedical Knowledge Group 401(k) PlanMedical Knowledge Group 401(…$60M
End-of-year total assets ($M) among Basler Electric 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$60M
Net Income-$2M
Employer EIN370628928
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Basler Electric Company)

Sponsor-wide plan assets over time

All Basler Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$66M 14.82137706991636% vs 2022
2024 filing year
$55M$60M$65M$70M 202220232024 $57.4M $65.9M ▲ +14.8%
Year Plans Participants Total Assets
2022 2 397 $57M
2023 2 385 $67M
2024 2 399 $66M

Nearby 401(k) Plans in Illinois

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

Basler Electric 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Basler Electric 401(k) Plan, Total assets ($B): 0.060173784 · Participants: 300Basler Electric 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Basler Electric 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Basler Electric 401(k) Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Orr Corporation Retirement Plan in KY ($60M); by covered participants it is Vital Plastics, Inc. 401(k) Plan in WI (300 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (300 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 Basler Electric 401(k) Plan assets move in 2024? ▼
Basler Electric 401(k) Plan edged down modestly - down 3.2% during 2024, from $62M to $60M. Reported net income was -$2M.
How have Basler Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Basler Electric Company's sponsor-wide assets grew 14.8%, from $57M to $66M.
Where does Basler Electric 401(k) Plan rank by assets among Form 5500 filers? ▼
Basler Electric 401(k) Plan ranks in the 86th 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 Basler Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Orr Corporation Retirement Plan in KY ($60M, 338 participants).
Which 401(k) plans cover a similar participant headcount to Basler Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Vital Plastics, Inc. 401(k) Plan in WI (300 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 370628928.

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.