401(k) · DOL Form 5500 · 2024

Quanta Services Inc. 401(k) Plan

Data updated 2026-08-25

$2.2B
Total assets Very large vs avg
37,369
Participants Very large workforce
99th
Percentile by assets National rank
$58,897
Avg per participant Low balance/head
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Official DOL plan name: Quanta Services, Inc. 401(k) Savings Plan · Sponsored by Quanta Services Inc. · Texas · Construction

$2.2B in assets, 37,369 participants

Quanta Services Inc.'s Quanta Services, Inc. 401(k) Savings Plan reported $2.2B in total assets and 37,369 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,989 in Construction (9,039 peers)

Coverage in Texas

Quanta Services, Inc. 401(k) Savings Plan covers 37,369 participants in Texas, 54x the typical Texas plan (state average ~688 per filing). Assets: $2.2B.

#8,989
in Construction (9,039 peers)
+23.8%
assets growth YoY
22×
vs typical plan assets (national mean)

Quanta Services, Inc. 401(k) Savings Plan's outsized position by total assets

Quanta Services, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$2,200,926,334 Top 1% higher than 99% 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

Quanta Services, Inc. 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Quanta Services, Inc. 401(k) Savings Plan is a mega filing (37,369 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Quanta Services, Inc. 401(k) Savings Plan end-of-year assets rose from $1.8B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.
  • Quanta Services, Inc. 401(k) Savings Plan reported participants rose from 30,951 in the plan year 2023 filing to 37,369 in the plan year 2024 filing.
  • Quanta Services, Inc. 401(k) Savings Plan reported net income rose from $376M in the plan year 2023 filing to $409M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 742851603 · Quanta Services Inc. PY 2024 · 401(k)

Quanta Services, Inc. 401(k) Savings Plan · $2.2B · 37,369 · 99th

  • BOOK $2.2B
  • BOOK 37,369
  • BOOK 99th
  • BOOK 401(k)
  • BOOK near Allegis Group, Inc. Retirement Savings Plan One
  • BOOK ind #8989

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 Texas →

Quanta Services, Inc. 401(k) Savings Plan in the asset neighbourhood

Quanta Services, Inc. 401(k) Savings PlanQuanta Services, Inc. 401(k)…$2.2BAllegis Group, Inc. Retirement Savings Plan OneAllegis Group, Inc. Retireme…$2.2BAmerican Family 401(k) Plan$2.2BEssentia Health Retirement PlanEssentia Health Retirement P…$2.2BBaird Profit Sharing & Savings PlanBaird Profit Sharing & Savin…$2.2B
End-of-year total assets ($B) among Quanta Services, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$2.2B
Net Income$409M
Employer EIN742851603
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quanta Services Inc.)

Sponsor-wide plan assets over time

All Quanta Services Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 56.99328435860562% vs 2022
2024 filing year
$1B$1.5B$2B$2.5B 202220232024 $1.4B $2.2B ▲ +57.1%
Year Plans Participants Total Assets
2022 1 27,082 $1.4B
2023 1 30,951 $1.8B
2024 1 37,369 $2.2B

Nearby 401(k) Plans in Texas

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

Quanta Services, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 01020304050 Total assets ($B) Participants Quanta Services, Inc. 401(k) Savings Plan, Total assets ($B): 2.200926334 · Participants: 37369Quanta Services, Inc. 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Quanta Services, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Quanta Services, Inc. 401(k) Savings Plan

Quanta Services, Inc. 401(k) Savings Plan reports $2.2B in end-of-year assets across 37,369 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.040% of 93,925,755 covered participants) - about $58,897 per participant (43% of the national average assets-per-participant) . Net income for plan year 2024 was $409M.

This plan identity (EIN 742851603, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $2.2B (+57.0%) while covered participants moved from 27,082 to 37,369 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 27,082 $1.4B Open filing
2023 30,951 $1.8B Open filing
2024 · index core 37,369 $2.2B This page

Quanta Services, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Allegis Group, Inc. Retirement Savings Plan One in MD ($2.2B); by covered participants it is 401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc. in OR (37,293 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (37,369 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 Quanta Services, Inc. 401(k) Savings Plan assets move in 2024?
Quanta Services, Inc. 401(k) Savings Plan grew sharply - up 23.8% during 2024, from $1.8B to $2.2B. Reported net income was $409M.
How have Quanta Services Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Quanta Services Inc.'s sponsor-wide assets grew 57.0%, from $1.4B to $2.2B.
Where does Quanta Services, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Quanta Services, Inc. 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Quanta Services, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Allegis Group, Inc. Retirement Savings Plan One in MD ($2.2B, 24,457 participants).
Which 401(k) plans cover a similar participant headcount to Quanta Services, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is 401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc. in OR (37,293 participants, $5.9B in assets).