401(k) · DOL Form 5500 · 2024

Asea, LLC 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
212
Participants Below avg headcount
59th
Percentile by assets National rank
$53,777
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Asea 401(k) Plan · Sponsored by Asea, LLC · Utah · Manufacturing

$11M in assets, 212 participants

Asea, LLC's Asea 401(k) Plan reported $11M in total assets and 212 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,017 in Manufacturing (17,777 peers)

Coverage in Utah

Asea 401(k) Plan covers 212 participants in Utah, about 36% of the average Utah filer (state average ~592 per filing). Assets: $11M.

#8,017
in Manufacturing (17,777 peers)
+21.1%
assets growth YoY

Asea 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

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

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

$11,400,633 Top 41% higher than 59% 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

Asea 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. Asea 401(k) Plan sits mid-pack in the medium band (212 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Asea 401(k) Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Asea 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Asea 401(k) Plan reported participants rose from 203 in the plan year 2023 filing to 212 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 260871950 · Asea, LLC PY 2024 · 401(k)

Asea 401(k) Plan · $11M · 212 · 59th

  • EOY $11M
  • EOY 212
  • EOY 59th
  • EOY 401(k)
  • EOY near B-K Tool & Design, Inc. 401(k) Plan
  • EOY ind #8017

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 Manufacturing retirement plans → · Plans in Utah →

Asea 401(k) Plan in the asset neighbourhood

Asea 401(k) Plan$11MB-K Tool & Design, Inc. 401(k) PlanB-K Tool & Design, Inc. 401(…$11MAttom Data Solutions, LLC 401 (K) PlanAttom Data Solutions, LLC 40…$11MNichiha U.S.a., Inc. 401(k) Profit Sharing PlanNichiha U.S.a., Inc. 401(k) …$11MCavalier Distributing Retirement PlanCavalier Distributing Retire…$11M
End-of-year total assets ($M) among Asea 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN260871950
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Asea, LLC)

Sponsor-wide plan assets over time

All Asea, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 50.610035857730026% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.57M $11.4M ▲ +50.6%
Year Plans Participants Total Assets
2022 1 220 $8M
2023 1 203 $9M
2024 1 212 $11M

Nearby 401(k) Plans in Utah

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

Asea 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Asea 401(k) Plan, Total assets ($B): 0.011400633 · Participants: 212Asea 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Asea 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

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

Outside Utah, the nearest 401(k) by assets is B-K Tool & Design, Inc. 401(k) Plan in OH ($11M); by covered participants it is Touchstone Behavioral Health 401(k) Plan in AZ (212 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (212 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 Asea 401(k) Plan assets move in 2024?
Asea 401(k) Plan grew sharply - up 21.1% during 2024, from $9M to $11M. Reported net income was $2M.
How have Asea, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Asea, LLC's sponsor-wide assets grew 50.6%, from $8M to $11M.
Which 401(k) plans are similar in size to Asea 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is B-K Tool & Design, Inc. 401(k) Plan in OH ($11M, 127 participants).
Which 401(k) plans cover a similar participant headcount to Asea 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Touchstone Behavioral Health 401(k) Plan in AZ (212 participants, $4M in assets).