401(k) · DOL Form 5500 · 2024

O'connell Electric Co. 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
198
Participants Below avg headcount
86th
Percentile by assets National rank
$290,781
Avg per participant High balance/head
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Official DOL plan name: O'connell Electric Company, Inc. 401(k) Profit Sharing Plan · Sponsored by O'connell Electric Co. · New York · Construction

$58M in assets, 198 participants

O'connell Electric Co.'s O'connell Electric Company, Inc. 401(k) Profit Sharing Plan reported $58M in total assets and 198 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,572 in Construction (9,039 peers)

Coverage in New York

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan covers 198 participants in New York, about 25% of the average New York filer (state average ~798 per filing). Assets: $58M.

#7,572
in Construction (9,039 peers)
-2.0%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$57,574,664 Top 14% higher than 86% 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

O'connell Electric Company, 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. O'connell Electric Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • O'connell Electric Company, Inc. 401(k) Profit Sharing Plan reported net income fell from $9M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • O'connell Electric Company, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $59M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • O'connell Electric Company, Inc. 401(k) Profit Sharing Plan reported participants rose from 195 in the plan year 2023 filing to 198 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 160950645 · O'connell Electric Co. PY 2024 · 401(k)

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan · $58M · 198 · 86th

  • IND $58M
  • EOY 198
  • 5500 86th
  • ASSETS 401(k)
  • PCT near Aafcpas, Inc 401(k) Savings Plan
  • EIN ind #7572

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 New York →

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Aafcpas, Inc 401(k) Savings PlanAafcpas, Inc 401(k) Savings …$58MPlanet Labs 401(k) Plan$58MO'connell Electric Company, Inc. 401(k) Profit Sharing PlanO'connell Electric Company, …$58MGulf Island Fabrication Inc. Qualified Retirement PlanGulf Island Fabrication Inc.…$58MTriumvirate Environmental, Inc. Savings, Profit Sharing & Retirement PlanTriumvirate Environmental, I…$58M
End-of-year total assets ($M) among O'connell Electric Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$58M
Net Income-$1M
Employer EIN160950645
Plan Effective Date1993-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (O'connell Electric Co.)

Sponsor-wide plan assets over time

All O'connell Electric Co. plans reported in each filing year

Latest sponsor-wide plan assets
$58M 16.04889727406554% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $49.6M $57.6M ▲ +16.0%
Year Plans Participants Total Assets
2022 1 188 $50M
2023 1 195 $59M
2024 1 198 $58M

Nearby 401(k) Plans in New York

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

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants O'connell Electric Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.057574664 · Participants: 198O'connell Electric Company, Inc. 401(k) Profit Sharing PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
O'connell Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare O'connell Electric Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

O'connell Electric Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Aafcpas, Inc 401(k) Savings Plan in MA ($58M); by covered participants it is Alltrails 401(k) Plan in CA (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 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 O'connell Electric Company, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
O'connell Electric Company, Inc. 401(k) Profit Sharing Plan edged down modestly - down 2.0% during 2024, from $59M to $58M. Reported net income was -$1M.
How have O'connell Electric Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), O'connell Electric Co.'s sponsor-wide assets grew 16.0%, from $50M to $58M.
Where does O'connell Electric Company, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
O'connell Electric Company, Inc. 401(k) Profit Sharing Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to O'connell Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aafcpas, Inc 401(k) Savings Plan in MA ($58M, 302 participants).
Which 401(k) plans cover a similar participant headcount to O'connell Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alltrails 401(k) Plan in CA (198 participants, $19M 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 160950645.

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.