Profit Sharing · DOL Form 5500 · 2024

Substation Engineering Company Profit Sharing Plan

Data updated 2026-07-24

$13M
Total assets
156
Participants
61st
Percentile by assets
$82,893
Avg per participant
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Official DOL plan name: Substation Engineering Company 401(k) Profit Sharing Plan · Sponsored by Substation Engineering Company · Pennsylvania · Professional & Technical Services

$13M in assets, 156 participants

Substation Engineering Company's Substation Engineering Company 401(k) Profit Sharing Plan reported $13M in total assets and 156 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • 61st percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Substation Engineering Company 401(k) Profit Sharing Plan covers 156 participants in Pennsylvania, about 19% of the average Pennsylvania filer (state average ~824 per filing). Assets: $13M.

$13M
total plan assets (2024 EOY)
156
covered participants
61st
percentile by assets (of 116,472 plans)
$82,893
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2024

  • Substation Engineering Company 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2024 filing.
  • Substation Engineering Company 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $13M in the plan year 2024 filing.
  • Substation Engineering Company 401(k) Profit Sharing Plan reported participants rose from 114 in the plan year 2022 filing to 156 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Substation Engineering Company 401(k) Profit Sharing Plan reports 156 participants - about 19% of that state average ($13M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN562255885
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Substation Engineering Company)

$8M$10M$12M$14M 20222024 $8.47M $12.9M ▲ +52.7%
Total plan assets by year, all Substation Engineering Company plans on file
Year Plans Participants Total Assets
2022 1 114 $8M
2024 1 156 $13M

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Substation Engineering Company 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Substation Engineering Company 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Substation Engineeri…Eastern Atlantic Sta…University of Pennsy…International Brothe…Temple University He…Steamfitters Local U…
Substation Engineering Company 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Substation Engineering Company 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Substation Engineering Company 401(k) Profit Sharing Plan assets move in 2024?
Substation Engineering Company 401(k) Profit Sharing Plan grew sharply - up 16.7% during 2024, from $11M to $13M. Reported net income was $2M.
How have Substation Engineering Company plan assets changed over time?
Across 2 plan years on file (2022-2024), Substation Engineering Company's sponsor-wide assets grew 52.7%, from $8M to $13M.
Which Profit Sharing plans are similar in size to Substation Engineering Company 401(k) Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Lively Group, LLC 401(k) Profit Sharing Plan in NY ($13M, 36 participants).

Next read for Substation Engineering Company 401(k) Pr…

Filing takeaways

Ways to act on Substation Engineering Company 401(k) Profit Sharing Plan's numbers.

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 562255885.

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