401(k) · DOL Form 5500 · 2024

Faulconer Construction Company I 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
351
Participants Below avg headcount
71st
Percentile by assets National rank
$59,288
Avg per participant Low balance/head
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Official DOL plan name: Faulconer Construction Co., Inc. 401(k) Plan · Sponsored by Faulconer Construction Company I · Virginia · Construction

$21M in assets, 351 participants

Faulconer Construction Company I's Faulconer Construction Co., Inc. 401(k) Plan reported $21M in total assets and 351 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #6,319 in Construction (9,039 peers)

Coverage in Virginia

Faulconer Construction Co., Inc. 401(k) Plan covers 351 participants in Virginia, about 45% of the average Virginia filer (state average ~782 per filing). Assets: $21M.

#6,319
in Construction (9,039 peers)
+23.9%
assets growth YoY

Faulconer Construction Co., Inc. 401(k) Plan's outsized position by total assets

Faulconer Construction Co., Inc. 401(k) Plan vs every filed plan by assets

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

$20,810,237 Top 29% higher than 71% 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

Faulconer Construction Co., Inc. 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. Faulconer Construction Co., Inc. 401(k) Plan sits mid-pack in the medium band (351 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Faulconer Construction Co., Inc. 401(k) Plan reported participants rose from 275 in the plan year 2023 filing to 351 in the plan year 2024 filing.
  • Faulconer Construction Co., Inc. 401(k) Plan end-of-year assets rose from $17M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Faulconer Construction Co., Inc. 401(k) 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 →

Form 5500 schedule snapshot

Filing strip 540577820 · Faulconer Construction Company I PY 2024 · 401(k)

Faulconer Construction Co., Inc. 401(k) Plan · $21M · 351 · 71st

  • PHOTO $21M
  • PHOTO 351
  • PHOTO 71st
  • PHOTO 401(k)
  • PHOTO near Gallagher Flynn & Co., LLP 401(k) Profit Sharing Plan and Trust
  • PHOTO ind #6319

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 Virginia →

Faulconer Construction Co., Inc. 401(k) Plan in the asset neighbourhood

Faulconer Construction Co., Inc. 401(k) PlanFaulconer Construction Co., …$21MGallagher Flynn & Co., LLP 401(k) Profit Sharing Plan and TrustGallagher Flynn & Co., LLP 4…$21MAsic North 401(k) Plan$21MMethodist Le Bonheur Healthcare 401(k) PlanMethodist Le Bonheur Healthc…$21MVelir Studios 401(k) Plan$21M
End-of-year total assets ($M) among Faulconer Construction Co., Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN540577820
Plan Effective Date1990-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faulconer Construction Company I)

Sponsor-wide plan assets over time

All Faulconer Construction Company I plans reported in each filing year

Latest sponsor-wide plan assets
$21M 74.77141612029176% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $11.9M $20.8M ▲ +74.7%
Year Plans Participants Total Assets
2022 1 236 $12M
2023 1 275 $17M
2024 1 351 $21M

Nearby 401(k) Plans in Virginia

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

Faulconer Construction Co., Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Faulconer Construction Co., Inc. 401(k) Plan, Total assets ($B): 0.020810237 · Participants: 351Faulconer Construction Co., Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Faulconer Construction Co., Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Faulconer Construction Co., Inc. 401(k) Plan side-by-side with 3 peers →

Faulconer Construction Co., Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Gallagher Flynn & Co., LLP 401(k) Profit Sharing Plan and Trust in VT ($21M); by covered participants it is Fam LLC 401(k) Profit Sharing Plan and Trust in CA (351 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (351 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 Faulconer Construction Co., Inc. 401(k) Plan assets move in 2024? ▼
Faulconer Construction Co., Inc. 401(k) Plan grew sharply - up 23.9% during 2024, from $17M to $21M. Reported net income was $4M.
How have Faulconer Construction Company I plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Faulconer Construction Company I's sponsor-wide assets grew 74.8%, from $12M to $21M.
Which 401(k) plans are similar in size to Faulconer Construction Co., Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gallagher Flynn & Co., LLP 401(k) Profit Sharing Plan and Trust in VT ($21M, 76 participants).
Which 401(k) plans cover a similar participant headcount to Faulconer Construction Co., Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fam LLC 401(k) Profit Sharing Plan and Trust in CA (351 participants, $13M 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 540577820.

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.