401(k) · DOL Form 5500 · 2024

Garber Electrical Contractors 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
225
Participants Below avg headcount
47th
Percentile by assets National rank
$29,688
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Garber Electrical Retirement Plan · Sponsored by Garber Electrical Contractors · Ohio · Construction

$7M in assets, 225 participants

Garber Electrical Contractors's Garber Electrical Retirement Plan reported $7M in total assets and 225 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #4,155 in Construction (9,039 peers)

Coverage in Ohio

Garber Electrical Retirement Plan covers 225 participants in Ohio, about 29% of the average Ohio filer (state average ~765 per filing). Assets: $7M.

#4,155
in Construction (9,039 peers)
+29.3%
assets growth YoY

Garber Electrical Retirement Plan's mid-pack asset rank among Construction and all filers

Garber Electrical Retirement Plan vs every filed plan by assets

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

$6,679,743 47th percentile higher than 47% 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

Garber Electrical Retirement 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. Garber Electrical Retirement Plan sits mid-pack in the medium band (225 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Garber Electrical Retirement Plan end-of-year assets rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Garber Electrical Retirement Plan reported participants rose from 210 in the plan year 2023 filing to 225 in the plan year 2024 filing.
  • Garber Electrical Retirement 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 →

Published 5500 schedule card

Filing strip 270256207 · Garber Electrical Contractors PY 2024 · 401(k)

Garber Electrical Retirement Plan · $7M · 225 · 47th

  • EBSA $7M
  • EBSA 225
  • EBSA 47th
  • EBSA 401(k)
  • EBSA near Robert Busse & Co., Inc 401(k) Profit Sharing Plan
  • EBSA ind #4155

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 Ohio →

Garber Electrical Retirement Plan in the asset neighbourhood

Garber Electrical Retirement PlanGarber Electrical Retirement…$7MRobert Busse & Co., Inc 401(k) Profit Sharing PlanRobert Busse & Co., Inc 401(…$7MStarlims 401(k) Plan$7MAmlt Holding, Inc. 401(k) PlanAmlt Holding, Inc. 401(k) Pl…$7MAir Base Carpet Mart, Inc. 401(k) PlanAir Base Carpet Mart, Inc. 4…$7M
End-of-year total assets ($M) among Garber Electrical Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$7M
Net Income$2M
Employer EIN270256207
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garber Electrical Contractors)

Sponsor-wide plan assets over time

All Garber Electrical Contractors plans reported in each filing year

Latest sponsor-wide plan assets
$7M 88.95618904832287% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.54M $6.68M ▲ +88.7%
Year Plans Participants Total Assets
2022 1 193 $4M
2023 1 210 $5M
2024 1 225 $7M

Nearby 401(k) Plans in Ohio

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

Garber Electrical Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Garber Electrical Retirement Plan, Total assets ($B): 0.006679743 · Participants: 225Garber Electrical Retirement PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Garber Electrical Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Garber Electrical Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Robert Busse & Co., Inc 401(k) Profit Sharing Plan in NY ($7M); by covered participants it is West-Mark Retirement Plan in CA (225 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (225 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 Garber Electrical Retirement Plan assets move in 2024?
Garber Electrical Retirement Plan grew sharply - up 29.3% during 2024, from $5M to $7M. Reported net income was $2M.
How have Garber Electrical Contractors plan assets changed over time?
Across 3 plan years on file (2022-2024), Garber Electrical Contractors's sponsor-wide assets grew 89.0%, from $4M to $7M.
Which 401(k) plans are similar in size to Garber Electrical Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Robert Busse & Co., Inc 401(k) Profit Sharing Plan in NY ($7M, 263 participants).
Which 401(k) plans cover a similar participant headcount to Garber Electrical Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is West-Mark Retirement Plan in CA (225 participants, $11M in assets).