401(k) · DOL Form 5500 · 2024

Benfield Electric Company, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
204
Participants Below avg headcount
68th
Percentile by assets National rank
$88,408
Avg per participant Below avg balance/head
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Official DOL plan name: Benfield Electric Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Benfield Electric Company, Inc. · Maryland · Construction

$18M in assets, 204 participants

Benfield Electric Company, Inc.'s Benfield Electric Company, Inc. 401(k) Profit Sharing Plan reported $18M in total assets and 204 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #6,053 in Construction (9,039 peers)

Coverage in Maryland

Benfield Electric Company, Inc. 401(k) Profit Sharing Plan covers 204 participants in Maryland, about 22% of the average Maryland filer (state average ~929 per filing). Assets: $18M.

#6,053
in Construction (9,039 peers)
+9.2%
assets growth YoY

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

Benfield 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

$18,035,258 Top 32% higher than 68% 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

Benfield 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. Benfield Electric Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (204 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Benfield Electric Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $17M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Benfield Electric Company, Inc. 401(k) Profit Sharing Plan reported participants rose from 196 in the plan year 2023 filing to 204 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 520956051 · Benfield Electric Company, Inc. PY 2024 · 401(k)

Benfield Electric Company, Inc. 401(k) Profit Sharing Plan · $18M · 204 · 68th

  • EBSA $18M
  • PART 204
  • TYPE 68th
  • NET 401(k)
  • BOOK near Strippit Inc. 401(k) Plan for Salaried Employees
  • VS-ST ind #6053

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 →

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

Benfield Electric Company, Inc. 401(k) Profit Sharing PlanBenfield Electric Company, I…$18MStrippit Inc. 401(k) Plan for Salaried EmployeesStrippit Inc. 401(k) Plan fo…$18MEhs Support, LLC Retirement Savings PlanEhs Support, LLC Retirement …$18MLoffredo Gardens Inc. Profit Sharing PlanLoffredo Gardens Inc. Profit…$18MVoss Auto Network 401(k) Retirement PlanVoss Auto Network 401(k) Ret…$18M
End-of-year total assets ($M) among Benfield Electric Company, 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)$17M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN520956051
Plan Effective Date1990-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Benfield Electric Company, Inc.)

Sponsor-wide plan assets over time

All Benfield Electric Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 20.418973245136403% vs 2022
2024 filing year
$14M$15M$16M$17M$18M$19M 202220232024 $15M $18M ▲ +20.4%
Year Plans Participants Total Assets
2022 1 206 $15M
2023 1 196 $17M
2024 1 204 $18M

Nearby 401(k) Plans in Maryland

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

Benfield Electric Company, 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 ($B) Participants Benfield Electric Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.018035258 · Participants: 204Benfield Electric Company, 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
Benfield Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Benfield Electric Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Benfield Electric Company, 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 Strippit Inc. 401(k) Plan for Salaried Employees in NY ($18M); by covered participants it is S.W. Rodgers Co., Inc. 401(k)/Profit Sharing Plan in VA (204 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (204 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 Benfield Electric Company, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Benfield Electric Company, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 9.2% during 2024, from $17M to $18M. Reported net income was $2M.
How have Benfield Electric Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Benfield Electric Company, Inc.'s sponsor-wide assets grew 20.4%, from $15M to $18M.
Which 401(k) plans are similar in size to Benfield Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Strippit Inc. 401(k) Plan for Salaried Employees in NY ($18M, 71 participants).
Which 401(k) plans cover a similar participant headcount to Benfield Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is S.W. Rodgers Co., Inc. 401(k)/Profit Sharing Plan in VA (204 participants, $41M 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 520956051.

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.