401(k) · DOL Form 5500 · 2024

J Ranck Electric, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
106
Participants Small participant base
73rd
Percentile by assets National rank
$214,326
Avg per participant Above avg balance/head
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Official DOL plan name: J Ranck Electric, Inc. Employees' Profit Sharing Plan · Sponsored by J Ranck Electric, Inc. · Michigan · Construction

$23M in assets, 106 participants

J Ranck Electric, Inc.'s J Ranck Electric, Inc. Employees' Profit Sharing Plan reported $23M in total assets and 106 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #6,462 in Construction (9,039 peers)

Coverage in Michigan

J Ranck Electric, Inc. Employees' Profit Sharing Plan covers 106 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $23M.

#6,462
in Construction (9,039 peers)
+23.7%
assets growth YoY

J Ranck Electric, Inc. Employees' Profit Sharing Plan's outsized position by total assets

J Ranck Electric, Inc. Employees' Profit Sharing Plan vs every filed plan by assets

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

$22,718,520 Top 27% higher than 73% 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

J Ranck Electric, Inc. Employees' 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. J Ranck Electric, Inc. Employees' Profit Sharing Plan sits mid-pack in the medium band (106 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • J Ranck Electric, Inc. Employees' Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • J Ranck Electric, Inc. Employees' Profit Sharing Plan reported participants fell from 121 in the plan year 2023 filing to 106 in the plan year 2024 filing.
  • J Ranck Electric, Inc. Employees' Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 382677797 · J Ranck Electric, Inc. PY 2024 · 401(k)

J Ranck Electric, Inc. Employees' Profit Sharing Plan · $23M · 106 · 73rd

  • RANK $23M
  • RANK 106
  • RANK 73rd
  • RANK 401(k)
  • RANK near Pss Companies 401(k) Plan
  • RANK ind #6462

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 Michigan →

J Ranck Electric, Inc. Employees' Profit Sharing Plan in the asset neighbourhood

J Ranck Electric, Inc. Employees' Profit Sharing PlanJ Ranck Electric, Inc. Emplo…$23MPss Companies 401(k) Plan$23MH Mart 401(k) Plan$23MShorelight Retirement Plan$23MLiferay, Inc. 401(k) Profit Sharing PlanLiferay, Inc. 401(k) Profit …$23M
End-of-year total assets ($M) among J Ranck Electric, Inc. Employees' Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN382677797
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (J Ranck Electric, Inc.)

Sponsor-wide plan assets over time

All J Ranck Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 23.73501031337497% vs 2023
2024 filing year
$16M$18M$20M$22M$24M 20232024 $18.4M $22.7M ▲ +23.7%
Year Plans Participants Total Assets
2023 1 121 $18M
2024 1 106 $23M

Nearby 401(k) Plans in Michigan

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

J Ranck Electric, Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants J Ranck Electric, Inc. Employees' Profit Sharing Plan, Total assets ($B): 0.02271852 · Participants: 106J Ranck Electric, Inc. Employees' Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
J Ranck Electric, Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare J Ranck Electric, Inc. Employees' Profit Sharing Plan side-by-side with 3 peers →

J Ranck Electric, Inc. Employees' Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Pss Companies 401(k) Plan in TX ($23M); by covered participants it is The Architect 401(k) Plan - Radiant Complexions Dermatology Clinic, Inc. in IA (106 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (106 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 J Ranck Electric, Inc. Employees' Profit Sharing Plan assets move in 2024? ▼
J Ranck Electric, Inc. Employees' Profit Sharing Plan grew sharply - up 23.7% during 2024, from $18M to $23M. Reported net income was $4M.
How have J Ranck Electric, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), J Ranck Electric, Inc.'s sponsor-wide assets grew 23.7%, from $18M to $23M.
Which 401(k) plans are similar in size to J Ranck Electric, Inc. Employees' Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pss Companies 401(k) Plan in TX ($23M, 469 participants).
Which 401(k) plans cover a similar participant headcount to J Ranck Electric, Inc. Employees' Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Architect 401(k) Plan - Radiant Complexions Dermatology Clinic, Inc. in IA (106 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 382677797.

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.