401(k) · DOL Form 5500 · 2024

Patrick Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
320
Participants Below avg headcount
82nd
Percentile by assets National rank
$127,630
Avg per participant Near avg balance/head
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Official DOL plan name: Patrick Employee 401(k) Plan · Sponsored by Patrick Engineering, Inc. · Illinois · Professional & Technical Services

$41M in assets, 320 participants

Patrick Engineering, Inc.'s Patrick Employee 401(k) Plan reported $41M in total assets and 320 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #16,587 in Professional & Technical Services (20,173 peers)

Coverage in Illinois

Patrick Employee 401(k) Plan covers 320 participants in Illinois, about 41% of the average Illinois filer (state average ~779 per filing). Assets: $41M.

#16,587
in Professional & Technical Services (20,173 peers)
+6.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Patrick Employee 401(k) Plan's outsized position by total assets

Patrick Employee 401(k) Plan vs every filed plan by assets

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

$40,841,586 Top 18% higher than 82% 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

Patrick Employee 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. Patrick Employee 401(k) Plan sits mid-pack in the medium band (320 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Patrick Employee 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Patrick Employee 401(k) Plan reported participants fell from 349 in the plan year 2023 filing to 320 in the plan year 2024 filing.
  • Patrick Employee 401(k) Plan end-of-year assets rose from $38M in the plan year 2023 filing to $41M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 363008281 · Patrick Engineering, Inc. PY 2024 · 401(k)

Patrick Employee 401(k) Plan · $41M · 320 · 82nd

  • PHOTO $41M
  • IND 320
  • EOY 82nd
  • 5500 401(k)
  • ASSETS near Retireready 401(k) Plan
  • PCT ind #16587

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Patrick Employee 401(k) Plan in the asset neighbourhood

Sag 401(k) Plan$41MSymmons Industries, Inc. 401(k) PlanSymmons Industries, Inc. 401…$41MRanch and Home Supply, LLC 401(k) PlanRanch and Home Supply, LLC 4…$41MPatrick Employee 401(k) Plan$41MRetireready 401(k) Plan$41M
End-of-year total assets ($M) among Patrick Employee 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$41M
Net Income$3M
Employer EIN363008281
Plan Effective Date1986-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Patrick Engineering, Inc.)

Sponsor-wide plan assets over time

All Patrick Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 18.271234755287956% vs 2022
2024 filing year
$32M$34M$36M$38M$40M$42M 202220232024 $34.5M $40.8M ▲ +18.3%
Year Plans Participants Total Assets
2022 1 377 $35M
2023 1 349 $38M
2024 1 320 $41M

Nearby 401(k) Plans in Illinois

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

Patrick Employee 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Patrick Employee 401(k) Plan, Total assets ($B): 0.040841586 · Participants: 320Patrick Employee 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
Patrick Employee 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Patrick Employee 401(k) Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Retireready 401(k) Plan in OR ($41M); by covered participants it is Dominion Electric Supply Company, Inc. 401(k) Profit Sharing Plan in VA (320 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($41M here).

Similar participant headcount

Nearest other-state filings by covered participants (320 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 Patrick Employee 401(k) Plan assets move in 2024? ▼
Patrick Employee 401(k) Plan grew at a solid clip - up 6.5% during 2024, from $38M to $41M. Reported net income was $3M.
How have Patrick Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Patrick Engineering, Inc.'s sponsor-wide assets grew 18.3%, from $35M to $41M.
Where does Patrick Employee 401(k) Plan rank by assets among Form 5500 filers? ▼
Patrick Employee 401(k) Plan ranks in the 82nd 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 Patrick Employee 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Retireready 401(k) Plan in OR ($41M, 678 participants).
Which 401(k) plans cover a similar participant headcount to Patrick Employee 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dominion Electric Supply Company, Inc. 401(k) Profit Sharing Plan in VA (320 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 363008281.

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.