401(k) · DOL Form 5500 · 2024

Static Control Components, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
143
Participants Small participant base
67th
Percentile by assets National rank
$116,841
Avg per participant Below avg balance/head
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Official DOL plan name: Static Control Components, Inc. 401(k) Salary Reduction Plan · Sponsored by Static Control Components, Inc. · North Carolina · Manufacturing

$17M in assets, 143 participants

Static Control Components, Inc.'s Static Control Components, Inc. 401(k) Salary Reduction Plan reported $17M in total assets and 143 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #9,828 in Manufacturing (17,777 peers)

Coverage in North Carolina

Static Control Components, Inc. 401(k) Salary Reduction Plan covers 143 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $17M.

#9,828
in Manufacturing (17,777 peers)
+12.2%
assets growth YoY

Static Control Components, Inc. 401(k) Salary Reduction Plan's outsized position by total assets

Static Control Components, Inc. 401(k) Salary Reduction Plan vs every filed plan by assets

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

$16,708,267 Top 33% higher than 67% 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

Static Control Components, Inc. 401(k) Salary Reduction 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. Static Control Components, Inc. 401(k) Salary Reduction Plan sits mid-pack in the medium band (143 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Static Control Components, Inc. 401(k) Salary Reduction Plan reported net income rose from -$454K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Static Control Components, Inc. 401(k) Salary Reduction Plan end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Static Control Components, Inc. 401(k) Salary Reduction Plan reported participants fell from 151 in the plan year 2023 filing to 143 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 561576062 · Static Control Components, Inc. PY 2024 · 401(k)

Static Control Components, Inc. 401(k) Salary Reduction Plan · $17M · 143 · 67th

  • PART $17M
  • PART 143
  • PART 67th
  • PART 401(k)
  • PART near Econorthwest Employee Savings Plan
  • PART ind #9828

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 Manufacturing retirement plans → · Plans in North Carolina →

Static Control Components, Inc. 401(k) Salary Reduction Plan in the asset neighbourhood

Static Control Components, Inc. 401(k) Salary Reduction PlanStatic Control Components, I…$17MEconorthwest Employee Savings PlanEconorthwest Employee Saving…$17MLanehart Electrical Contractors, LLC 401(k) Profit Sharing PlanLanehart Electrical Contract…$17MStar Concrete 401(k) Profit Sharing PlanStar Concrete 401(k) Profit …$17MRedox, Inc. 401(k) Retirement Savings PlanRedox, Inc. 401(k) Retiremen…$17M
End-of-year total assets ($M) among Static Control Components, Inc. 401(k) Salary Reduction Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN561576062
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Static Control Components, Inc.)

Sponsor-wide plan assets over time

All Static Control Components, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 8.83655593955199% vs 2022
2024 filing year
$14M$15M$16M$17M 202220232024 $15.4M $16.7M ▲ +8.9%
Year Plans Participants Total Assets
2022 1 161 $15M
2023 1 151 $15M
2024 1 143 $17M

Nearby 401(k) Plans in North Carolina

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

Static Control Components, Inc. 401(k) Salary Reduction Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Static Control Components, Inc. 401(k) Salary Reduction Plan, Total assets ($B): 0.016708267 · Participants: 143Static Control Components, Inc. 401(k) Salary Reduction PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Static Control Components, Inc. 401(k) Salary Reduction Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Static Control Components, Inc. 401(k) Salary Reduction Plan side-by-side with 3 peers →

Static Control Components, Inc. 401(k) Salary Reduction Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Econorthwest Employee Savings Plan in OR ($17M); by covered participants it is Blairex Laboratories, Inc. 401(k) in IN (143 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (143 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 Static Control Components, Inc. 401(k) Salary Reduction Plan assets move in 2024? ▼
Static Control Components, Inc. 401(k) Salary Reduction Plan grew at a solid clip - up 12.2% during 2024, from $15M to $17M. Reported net income was $2M.
How have Static Control Components, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Static Control Components, Inc.'s sponsor-wide assets grew 8.8%, from $15M to $17M.
Which 401(k) plans are similar in size to Static Control Components, Inc. 401(k) Salary Reduction Plan? ▼
Among 401(k) plans in other states, the closest by assets is Econorthwest Employee Savings Plan in OR ($17M, 63 participants).
Which 401(k) plans cover a similar participant headcount to Static Control Components, Inc. 401(k) Salary Reduction Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blairex Laboratories, Inc. 401(k) in IN (143 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 561576062.

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.