401(k) · DOL Form 5500 · 2024

Spec Process Engineering & Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
49
Participants Small participant base
57th
Percentile by assets National rank
$215,741
Avg per participant Above avg balance/head
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Official DOL plan name: Spec 401(k) Plan · Sponsored by Spec Process Engineering & Construction, Inc. · Massachusetts · Professional & Technical Services

$11M in assets, 49 participants

Spec Process Engineering & Construction, Inc.'s Spec 401(k) Plan reported $11M in total assets and 49 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #11,139 in Professional & Technical Services (20,173 peers)

2024 asset change

Spec 401(k) Plan grew sharply 17.9% in 2024 ($9M → $11M) for 49 participants.

#11,139
in Professional & Technical Services (20,173 peers)
+17.9%
assets growth YoY

Spec 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Spec 401(k) Plan vs every filed plan by assets

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

$10,571,289 Top 43% higher than 57% 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

Spec 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spec 401(k) Plan is a small filing (49 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spec 401(k) Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Spec 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Spec 401(k) Plan reported participants rose from 46 in the plan year 2023 filing to 49 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 043258366 · Spec Process Engineering & Construction, Inc. PY 2024 · 401(k)

Spec 401(k) Plan · $11M · 49 · 57th

  • ASSETS $11M
  • PCT 49
  • EIN 57th
  • RANK 401(k)
  • PHOTO near First State Bank and Trust of Tonganoxie 401(k) Profit Sharing Plan and Trust
  • IND ind #11139

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Spec 401(k) Plan in the asset neighbourhood

Spec 401(k) Plan$11MFirst State Bank and Trust of Tonganoxie 401(k) Profit Sharing Plan and TrustFirst State Bank and Trust o…$11MMetro Corp. Retirement Savings PlanMetro Corp. Retirement Savin…$11MSpanish Broadcasting Systems 401(k) PlanSpanish Broadcasting Systems…$11MThe Conrad Company 401(k) PlanThe Conrad Company 401(k) Pl…$11M
End-of-year total assets ($M) among Spec 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Spec Process Engineering & Construction, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Spec Process Engineering & Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 7.150535392723525% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $10.2M $10.9M ▲ +7.2%
Year Plans Participants Total Assets
2022 2 56 $10M
2023 2 74 $12M
2024 2 77 $11M

2024 asset-move particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN043258366
Plan Effective Date1998-12-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Spec 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Spec 401(k) Plan, Total assets ($B): 0.010571289 · Participants: 49Spec 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Spec 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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

Outside Massachusetts, the nearest 401(k) by assets is First State Bank and Trust of Tonganoxie 401(k) Profit Sharing Plan and Trust in KS ($11M); by covered participants it is The Bazooka 401(k) Savings and Investment Plan in NY (49 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (49 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 Spec 401(k) Plan assets move in 2024?
Spec 401(k) Plan grew sharply - up 17.9% during 2024, from $9M to $11M. Reported net income was $2M.
How have Spec Process Engineering & Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Spec Process Engineering & Construction, Inc.'s sponsor-wide assets grew 7.2%, from $10M to $11M.
Which 401(k) plans are similar in size to Spec 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is First State Bank and Trust of Tonganoxie 401(k) Profit Sharing Plan and Trust in KS ($11M, 105 participants).
Which 401(k) plans cover a similar participant headcount to Spec 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Bazooka 401(k) Savings and Investment Plan in NY (49 participants, N/A in assets).