401(k) · DOL Form 5500 · 2024

Beacon Converters, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
134
Participants Small participant base
55th
Percentile by assets National rank
$72,683
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Beacon Converters, Inc. 401(k) Profit Sharing Plan · Sponsored by Beacon Converters, Inc. · New Jersey · Manufacturing

$10M in assets, 134 participants

Beacon Converters, Inc.'s Beacon Converters, Inc. 401(k) Profit Sharing Plan reported $10M in total assets and 134 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,248 in Manufacturing (17,777 peers)

Coverage in New Jersey

Beacon Converters, Inc. 401(k) Profit Sharing Plan covers 134 participants in New Jersey, about 16% of the average New Jersey filer (state average ~844 per filing). Assets: $10M.

#7,248
in Manufacturing (17,777 peers)
+20.9%
assets growth YoY

Beacon Converters, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Beacon Converters, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$9,739,485 Top 45% higher than 55% 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

Beacon Converters, Inc. 401(k) Profit Sharing 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. Beacon Converters, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (134 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Beacon Converters, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Beacon Converters, Inc. 401(k) Profit Sharing Plan reported participants rose from 123 in the plan year 2023 filing to 134 in the plan year 2024 filing.
  • Beacon Converters, Inc. 401(k) Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 221440652 · Beacon Converters, Inc. PY 2024 · 401(k)

Beacon Converters, Inc. 401(k) Profit Sharing Plan · $10M · 134 · 55th

  • VS-ST $10M
  • BOY 134
  • SCH 55th
  • EBSA 401(k)
  • PART near Hirsch Construction Corp. Profit Sharing Plan
  • TYPE ind #7248

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 New Jersey →

Beacon Converters, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Beacon Converters, Inc. 401(k) Profit Sharing PlanBeacon Converters, Inc. 401(…$10MHirsch Construction Corp. Profit Sharing PlanHirsch Construction Corp. Pr…$10MExecutive 1 Hc LLC 401(k) PlanExecutive 1 Hc LLC 401(k) Pl…$10M403(b) Thrift Plan for Employees of Midpenn Legal Services, Inc.403(b) Thrift Plan for Emplo…$10MSt.Johns Packaging LLC Retirement Savings and Profit Sharing PlanSt.Johns Packaging LLC Retir…$10M
End-of-year total assets ($M) among Beacon Converters, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN221440652
Plan Effective Date1985-05-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Beacon Converters, Inc.)

Sponsor-wide plan assets over time

All Beacon Converters, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 20.93710850904599% vs 2023
2024 filing year
$7M$8M$9M$10M 20232024 $8.05M $9.74M ▲ +21.0%
Year Plans Participants Total Assets
2023 1 123 $8M
2024 1 134 $10M

Nearby 401(k) Plans in New Jersey

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

Beacon Converters, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Beacon Converters, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.009739485 · Participants: 134Beacon Converters, Inc. 401(k) Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Beacon Converters, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Beacon Converters, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Beacon Converters, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Hirsch Construction Corp. Profit Sharing Plan in MA ($10M); by covered participants it is Whalar 401(k) Plan in NY (134 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (134 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 Beacon Converters, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Beacon Converters, Inc. 401(k) Profit Sharing Plan grew sharply - up 20.9% during 2024, from $8M to $10M. Reported net income was $2M.
How have Beacon Converters, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Beacon Converters, Inc.'s sponsor-wide assets grew 20.9%, from $8M to $10M.
Which 401(k) plans are similar in size to Beacon Converters, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hirsch Construction Corp. Profit Sharing Plan in MA ($10M, 60 participants).
Which 401(k) plans cover a similar participant headcount to Beacon Converters, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Whalar 401(k) Plan in NY (134 participants, $6M 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 221440652.

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.