401(k) · DOL Form 5500 · 2024

Simco Electronics 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
345
Participants Below avg headcount
75th
Percentile by assets National rank
$77,673
Avg per participant Below avg balance/head
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Official DOL plan name: Simco Profit Sharing 401(k) Plan · Sponsored by Simco Electronics · California · Other Services

$27M in assets, 345 participants

Simco Electronics's Simco Profit Sharing 401(k) Plan reported $27M in total assets and 345 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,734 in Other Services (7,719 peers)

Where Simco Profit Sharing 401(k) Plan sits by assets

Simco Profit Sharing 401(k) Plan sits in the top quartile of all filed plans by assets, $27M for 345 participants (~$77,673/participant), up 2.4% in 2024.

#6,734
in Other Services (7,719 peers)
+2.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$26,797,303 Top 25% higher than 75% 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

Simco 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. Simco Profit Sharing 401(k) Plan sits mid-pack in the medium band (345 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Simco Profit Sharing 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $633K in the plan year 2024 filing.
  • Simco Profit Sharing 401(k) Plan end-of-year assets rose from $26M in the plan year 2023 filing to $27M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 941617912 · Simco Electronics PY 2024 · 401(k)

Simco Profit Sharing 401(k) Plan · $27M · 345 · 75th

  • ASSETS $27M
  • ASSETS 345
  • ASSETS 75th
  • ASSETS 401(k)
  • ASSETS near Q-Mation/Strongarm 401(k) Retirement Plan
  • ASSETS ind #6734

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 Other Services retirement plans → · Plans in California →

Simco Profit Sharing 401(k) Plan in the asset neighbourhood

Simco Profit Sharing 401(k) PlanSimco Profit Sharing 401(k) …$27MQ-Mation/Strongarm 401(k) Retirement PlanQ-Mation/Strongarm 401(k) Re…$27MBenchmark Community Bank 401(k) Employee Stock Ownership PlanBenchmark Community Bank 401…$27MDan's Excavating, Inc. 401(k) PlanDan's Excavating, Inc. 401(k…$27MLts 401(k) Profit Sharing PlanLts 401(k) Profit Sharing Pl…$27M
End-of-year total assets ($M) among Simco 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)$26M
Net Assets (End of Year)$27M
Net Income$633K
Employer EIN941617912
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Simco Electronics)

Sponsor-wide plan assets over time

All Simco Electronics plans reported in each filing year

Latest sponsor-wide plan assets
$27M 22.20793127209826% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.9M $26.8M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 331 $22M
2023 1 348 $26M
2024 1 345 $27M

Nearby 401(k) Plans in California

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

Simco Profit Sharing 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Simco Profit Sharing 401(k) Plan, Total assets ($B): 0.026797303 · Participants: 345Simco Profit Sharing 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Simco Profit Sharing 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Simco Profit Sharing 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Q-Mation/Strongarm 401(k) Retirement Plan in PA ($27M); by covered participants it is Creative Foods Corporation 401(k) Profit Sharing Plan in NY (345 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (345 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 Simco Profit Sharing 401(k) Plan assets move in 2024? ▼
Simco Profit Sharing 401(k) Plan edged up modestly - up 2.4% during 2024, from $26M to $27M. Reported net income was $633K.
How have Simco Electronics plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simco Electronics's sponsor-wide assets grew 22.2%, from $22M to $27M.
Where does Simco Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Simco Profit Sharing 401(k) Plan ranks in the 75th 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 Simco Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Q-Mation/Strongarm 401(k) Retirement Plan in PA ($27M, 245 participants).
Which 401(k) plans cover a similar participant headcount to Simco Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Creative Foods Corporation 401(k) Profit Sharing Plan in NY (345 participants, $3M 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 941617912.

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.