401(k) · DOL Form 5500 · 2024

Traver Electric Motor Company, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
59
Participants Small participant base
52nd
Percentile by assets National rank
$142,369
Avg per participant Near avg balance/head
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Official DOL plan name: Traver Idc 401(k) Plan · Sponsored by Traver Electric Motor Company, Inc. · Connecticut · Manufacturing

$8M in assets, 59 participants

Traver Electric Motor Company, Inc.'s Traver Idc 401(k) Plan reported $8M in total assets and 59 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,533 in Manufacturing (17,777 peers)

Traver Electric Motor Company, Inc. multi-year trail

Traver Electric Motor Company, Inc.'s plans moved +28.3% in assets from 2022 to 2024; this filing shows Traver Idc 401(k) Plan at $8M / 59 participants.

#6,533
in Manufacturing (17,777 peers)
+11.7%
assets growth YoY

Traver Idc 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Traver Idc 401(k) Plan vs every filed plan by assets

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

$8,399,796 Top 48% higher than 52% 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

Traver Idc 401(k) 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. Traver Idc 401(k) Plan is a small filing (59 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Traver Idc 401(k) Plan end-of-year assets rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Traver Idc 401(k) Plan reported net income fell from $972K in the plan year 2023 filing to $879K in the plan year 2024 filing.
  • Traver Idc 401(k) Plan reported participants rose from 55 in the plan year 2023 filing to 59 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 060836880 · Traver Electric Motor Company, Inc. PY 2024 · 401(k)

Traver Idc 401(k) Plan · $8M · 59 · 52nd

  • NET $8M
  • NET 59
  • NET 52nd
  • NET 401(k)
  • NET near Lumitex, LLC 401(k) Plan
  • NET ind #6533

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 Connecticut →

Traver Idc 401(k) Plan in the asset neighbourhood

Traver Idc 401(k) Plan$8MLumitex, LLC 401(k) Plan$8MWell. 401(k) Plan$8MSchneiderman's Furniture, Inc. 401(k) Ps PlanSchneiderman's Furniture, In…$8MKobussen Buses, Ltd. 401(k) Profit Sharing PlanKobussen Buses, Ltd. 401(k) …$8M
End-of-year total assets ($M) among Traver Idc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Traver Electric Motor Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Traver Electric Motor Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 28.26542303192924% vs 2022
2024 filing year
$6M$7M$8M$9M 202220232024 $6.55M $8.4M ▲ +28.2%
Year Plans Participants Total Assets
2022 1 51 $7M
2023 1 55 $8M
2024 1 59 $8M

Traver Electric Motor Company, Inc. filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$879K
Employer EIN060836880
Plan Effective Date1997-05-28
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

Traver Idc 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Traver Idc 401(k) Plan, Total assets ($B): 0.008399796 · Participants: 59Traver Idc 401(k) PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Traver Idc 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Traver Idc 401(k) Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is Lumitex, LLC 401(k) Plan in OH ($8M); by covered participants it is Elite Cuisine, LLC 401(k) Profit Sharing Plan in MO (59 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (59 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 Traver Idc 401(k) Plan assets move in 2024? ▼
Traver Idc 401(k) Plan grew at a solid clip - up 11.7% during 2024, from $8M to $8M. Reported net income was $879K.
How have Traver Electric Motor Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Traver Electric Motor Company, Inc.'s sponsor-wide assets grew 28.3%, from $7M to $8M.
Which 401(k) plans are similar in size to Traver Idc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lumitex, LLC 401(k) Plan in OH ($8M, 86 participants).
Which 401(k) plans cover a similar participant headcount to Traver Idc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Elite Cuisine, LLC 401(k) Profit Sharing Plan in MO (59 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 060836880.

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.