401(k) · DOL Form 5500 · 2024

Powercon Corporation 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
381
Participants Below avg headcount
83rd
Percentile by assets National rank
$117,922
Avg per participant Below avg balance/head
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Official DOL plan name: Powercon Corporation 401(k) Retirement Plan · Sponsored by Powercon Corporation · Maryland · Manufacturing

$45M in assets, 381 participants

Powercon Corporation's Powercon Corporation 401(k) Retirement Plan reported $45M in total assets and 381 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #13,485 in Manufacturing (17,777 peers)

Coverage in Maryland

Powercon Corporation 401(k) Retirement Plan covers 381 participants in Maryland, about 41% of the average Maryland filer (state average ~929 per filing). Assets: $45M.

#13,485
in Manufacturing (17,777 peers)
+14.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Powercon Corporation 401(k) Retirement Plan's outsized position by total assets

Powercon Corporation 401(k) Retirement Plan vs every filed plan by assets

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

$44,928,280 Top 17% higher than 83% 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

Powercon Corporation 401(k) Retirement 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. Powercon Corporation 401(k) Retirement Plan sits mid-pack in the medium band (381 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Powercon Corporation 401(k) Retirement Plan end-of-year assets rose from $39M in the plan year 2023 filing to $45M in the plan year 2024 filing.
  • Powercon Corporation 401(k) Retirement Plan reported participants rose from 367 in the plan year 2023 filing to 381 in the plan year 2024 filing.
  • Powercon Corporation 401(k) Retirement Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 520709642 · Powercon Corporation PY 2024 · 401(k)

Powercon Corporation 401(k) Retirement Plan · $45M · 381 · 83rd

  • PART $45M
  • TYPE 381
  • NET 83rd
  • BOOK 401(k)
  • VS-ST near Brailsford & Dunlavey, Inc. 401(k) Plan
  • BOY ind #13485

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 Maryland →

Powercon Corporation 401(k) Retirement Plan in the asset neighbourhood

Powercon Corporation 401(k) Retirement PlanPowercon Corporation 401(k) …$45MBrailsford & Dunlavey, Inc. 401(k) PlanBrailsford & Dunlavey, Inc. …$45MBrighton Jones, LLC 401(k) Profit Sharing Plan & TrustBrighton Jones, LLC 401(k) P…$45MBongards' Creameries 401(k) PlanBongards' Creameries 401(k) …$45MMtc US Corp. 401(k) Plan$45M
End-of-year total assets ($M) among Powercon Corporation 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$45M
Net Income$6M
Employer EIN520709642
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Powercon Corporation)

Sponsor-wide plan assets over time

All Powercon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$45M 34.15616943285899% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $33.5M $44.9M ▲ +34.2%
Year Plans Participants Total Assets
2022 1 386 $33M
2023 1 367 $39M
2024 1 381 $45M

Nearby 401(k) Plans in Maryland

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

Powercon Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Powercon Corporation 401(k) Retirement Plan, Total assets ($B): 0.04492828 · Participants: 381Powercon Corporation 401(k) Retirement 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
Powercon Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Powercon Corporation 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Maryland, the nearest 401(k) by assets is Brailsford & Dunlavey, Inc. 401(k) Plan in DC ($45M); by covered participants it is The Horton Group, Inc. Retirement Savings Plan in IL (381 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($45M here).

Similar participant headcount

Nearest other-state filings by covered participants (381 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 Powercon Corporation 401(k) Retirement Plan assets move in 2024? ▼
Powercon Corporation 401(k) Retirement Plan grew at a solid clip - up 14.3% during 2024, from $39M to $45M. Reported net income was $6M.
How have Powercon Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Powercon Corporation's sponsor-wide assets grew 34.2%, from $33M to $45M.
Where does Powercon Corporation 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Powercon Corporation 401(k) Retirement Plan ranks in the 83rd 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 Powercon Corporation 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brailsford & Dunlavey, Inc. 401(k) Plan in DC ($45M, 360 participants).
Which 401(k) plans cover a similar participant headcount to Powercon Corporation 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Horton Group, Inc. Retirement Savings Plan in IL (381 participants, N/A 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 520709642.

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.