Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Heilind Electronics, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Heilind Electronics, Inc. · Massachusetts · Wholesale Trade

What the 2023 filing shows

Heilind Electronics, Inc. 401(k) Plan holds $68M for 946 participants — about $72,065 per participant, up 9.7% over the 2024 plan year.

$68M
total plan assets (2024 EOY)
946
covered participants
$72,065
avg assets per participant
+9.7%
assets growth YoY
Total Assets (2023)
$68M
Participants
946
Industry
Wholesale Trade

What the Filing Says About Heilind Electronics, Inc. 401(k) Plan

Heilind Electronics, Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Heilind Electronics, Inc., headquartered in Massachusetts. As of the 2024 Form 5500 filing, the plan reports $68M in total end-of-year assets and covers 946 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 042534289, and the plan has been effective since 1977-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $62M at the beginning of 2024 to $68M at year-end — a gain of 9.7%. Net assets (after liabilities) closed the year at $68M, with reported net income of $6M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$62M
Total Assets (End of Year)$68M
Net Assets (End of Year)$68M
Net Income$6M
Plan TypeProfit Sharing
Employer EIN042534289
Plan Effective Date1977-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heilind Electronics, Inc.)

Year Plans Participants Total Assets
2022 1 967 $52M
2023 1 968 $62M
2024 1 946 $68M

Nearby Profit Sharing Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Heilind Electronics, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, Heilind Electronics, Inc. 401(k) Plan holds $68M in total assets with 946 participants. It is sponsored by Heilind Electronics, Inc..
What type of plan is Heilind Electronics, Inc. 401(k) Plan?
Heilind Electronics, Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 1977-04-01. The plan is filed with the U.S. Department of Labor under EIN 042534289.
Who sponsors the Heilind Electronics, Inc. 401(k) Plan?
Heilind Electronics, Inc. 401(k) Plan is sponsored by Heilind Electronics, Inc., located in Massachusetts. The sponsor's EIN is 042534289 and the plan operates in the Wholesale Trade industry.
How did Heilind Electronics, Inc. 401(k) Plan perform in 2024?
Heilind Electronics, Inc. 401(k) Plan grew by 9.7% during 2024, moving from $62M to $68M in total assets. Net income was $6M.
Where can I find official filings for Heilind Electronics, Inc. 401(k) Plan?
Official Form 5500 filings for Heilind Electronics, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042534289 or plan name at efast.dol.gov.
How does Heilind Electronics, Inc. 401(k) Plan compare to other plans?
You can compare Heilind Electronics, Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 042534289.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.