401(k) · DOL Form 5500 · 2024

Nichols Contracting, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
125
Participants Small participant base
42nd
Percentile by assets National rank
$39,242
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nichols Contracting, Inc. 401(k) Profit Sharing Plan · Sponsored by Nichols Contracting, Inc. · Maryland · Construction

$5M in assets, 125 participants

Nichols Contracting, Inc.'s Nichols Contracting, Inc. 401(k) Profit Sharing Plan reported $5M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #3,626 in Construction (9,039 peers)

Coverage in Maryland

Nichols Contracting, Inc. 401(k) Profit Sharing Plan covers 125 participants in Maryland, about 13% of the average Maryland filer (state average ~929 per filing). Assets: $5M.

#3,626
in Construction (9,039 peers)
+24.2%
assets growth YoY

Nichols Contracting, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Nichols Contracting, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$4,905,199 42nd percentile higher than 42% 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

Nichols Contracting, Inc. 401(k) Profit Sharing 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. Nichols Contracting, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nichols Contracting, Inc. 401(k) Profit Sharing Plan reported net income fell from $1M in the plan year 2023 filing to $956K in the plan year 2024 filing.
  • Nichols Contracting, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Nichols Contracting, Inc. 401(k) Profit Sharing Plan reported participants rose from 102 in the plan year 2023 filing to 125 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 521746672 · Nichols Contracting, Inc. PY 2024 · 401(k)

Nichols Contracting, Inc. 401(k) Profit Sharing Plan · $5M · 125 · 42nd

  • RANK $5M
  • RANK 125
  • RANK 42nd
  • RANK 401(k)
  • RANK near Carolina Conceptions Retirement Plan
  • RANK ind #3626

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 Maryland →

Nichols Contracting, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Nichols Contracting, Inc. 401(k) Profit Sharing PlanNichols Contracting, Inc. 40…$5MCarolina Conceptions Retirement PlanCarolina Conceptions Retirem…$5MThe Gurney's Resorts 401(k) PlanThe Gurney's Resorts 401(k) …$5MOne Senior Care, Inc. 401(k) PlanOne Senior Care, Inc. 401(k)…$5MWorld Products Inc. 401(k) PlanWorld Products Inc. 401(k) P…$5M
End-of-year total assets ($M) among Nichols Contracting, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$956K
Employer EIN521746672
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nichols Contracting, Inc.)

Sponsor-wide plan assets over time

All Nichols Contracting, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 84.55264823246745% vs 2022
2024 filing year
$2M$3M$4M$5M$6M 202220232024 $2.66M $4.91M ▲ +84.6%
Year Plans Participants Total Assets
2022 1 80 $3M
2023 1 102 $4M
2024 1 125 $5M

Nearby 401(k) Plans in Maryland

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

Nichols Contracting, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Nichols Contracting, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.004905199 · Participants: 125Nichols Contracting, Inc. 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Nichols Contracting, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Nichols Contracting, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Carolina Conceptions Retirement Plan in NC ($5M); by covered participants it is Portland Forge Interim Manufacturing Plan in IN (125 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (125 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 Nichols Contracting, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Nichols Contracting, Inc. 401(k) Profit Sharing Plan grew sharply - up 24.2% during 2024, from $4M to $5M. Reported net income was $956K.
How have Nichols Contracting, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nichols Contracting, Inc.'s sponsor-wide assets grew 84.6%, from $3M to $5M.
Which 401(k) plans are similar in size to Nichols Contracting, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Carolina Conceptions Retirement Plan in NC ($5M, 30 participants).
Which 401(k) plans cover a similar participant headcount to Nichols Contracting, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Portland Forge Interim Manufacturing Plan in IN (125 participants, $2M in assets).