401(k) · DOL Form 5500 · 2024

Bowen Engineering Corporation 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
312
Participants Below avg headcount
83rd
Percentile by assets National rank
$143,951
Avg per participant Near avg balance/head
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Official DOL plan name: Bowen Engineering Profit Sharing 401(k) Plan · Sponsored by Bowen Engineering Corporation · Indiana · Construction

$45M in assets, 312 participants

Bowen Engineering Corporation's Bowen Engineering Profit Sharing 401(k) Plan reported $45M in total assets and 312 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,344 in Construction (9,039 peers)

Where Bowen Engineering Profit Sharing 401(k) Plan sits by assets

Bowen Engineering Profit Sharing 401(k) Plan sits in the top quartile of all filed plans by assets, $45M for 312 participants (~$143,951/participant), up 14.9% in 2024.

#7,344
in Construction (9,039 peers)
+14.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Bowen Engineering Profit Sharing 401(k) Plan's outsized position by total assets

Bowen Engineering Profit Sharing 401(k) Plan vs every filed plan by assets

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

$44,912,621 Top 17% higher than 83% 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

Bowen Engineering Profit Sharing 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. Bowen Engineering Profit Sharing 401(k) Plan sits mid-pack in the medium band (312 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bowen Engineering Profit Sharing 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Bowen Engineering Profit Sharing 401(k) Plan reported participants rose from 257 in the plan year 2023 filing to 312 in the plan year 2024 filing.
  • Bowen Engineering Profit Sharing 401(k) Plan end-of-year assets rose from $39M in the plan year 2023 filing to $45M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 351136995 · Bowen Engineering Corporation PY 2024 · 401(k)

Bowen Engineering Profit Sharing 401(k) Plan · $45M · 312 · 83rd

  • 5500 $45M
  • ASSETS 312
  • PCT 83rd
  • EIN 401(k)
  • RANK near Computer Generated Solutions, Inc. 401(k) Retirement Savings Plan
  • PHOTO ind #7344

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 Indiana →

Bowen Engineering Profit Sharing 401(k) Plan in the asset neighbourhood

Vantage Bank Texas 401(k) PlanVantage Bank Texas 401(k) Pl…$45MBowen Engineering Profit Sharing 401(k) PlanBowen Engineering Profit Sha…$45MComputer Generated Solutions, Inc. 401(k) Retirement Savings PlanComputer Generated Solutions…$45MGle Management Services, LLC 401(k) PlanGle Management Services, LLC…$45MFunko 401(k) Plan$45M
End-of-year total assets ($M) among Bowen Engineering Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$45M
Net Income$6M
Employer EIN351136995
Plan Effective Date1986-08-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Bowen Engineering Corporation)

Sponsor-wide plan assets over time

All Bowen Engineering Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$45M 27.152606072874207% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.3M $44.9M ▲ +27.2%
Year Plans Participants Total Assets
2022 1 248 $35M
2023 1 257 $39M
2024 1 312 $45M

Nearby 401(k) Plans in Indiana

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

Bowen Engineering Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Bowen Engineering Profit Sharing 401(k) Plan, Total assets ($B): 0.044912621 · Participants: 312Bowen Engineering Profit Sharing 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Bowen Engineering Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Bowen Engineering Profit Sharing 401(k) Plan side-by-side with 3 peers →

Bowen Engineering Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Computer Generated Solutions, Inc. 401(k) Retirement Savings Plan in NY ($45M); by covered participants it is Sirote & Permutt, P.C. Profit Sharing 401(k) Plan in AL (312 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($45M here).

Similar participant headcount

Nearest other-state filings by covered participants (312 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 Bowen Engineering Profit Sharing 401(k) Plan assets move in 2024? ▼
Bowen Engineering Profit Sharing 401(k) Plan grew at a solid clip - up 14.9% during 2024, from $39M to $45M. Reported net income was $6M.
How have Bowen Engineering Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bowen Engineering Corporation's sponsor-wide assets grew 27.2%, from $35M to $45M.
Where does Bowen Engineering Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Bowen Engineering Profit Sharing 401(k) Plan ranks in the 83rd 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 Bowen Engineering Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Computer Generated Solutions, Inc. 401(k) Retirement Savings Plan in NY ($45M, 357 participants).
Which 401(k) plans cover a similar participant headcount to Bowen Engineering Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sirote & Permutt, P.C. Profit Sharing 401(k) Plan in AL (312 participants, $115M 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 351136995.

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.