401(k) · DOL Form 5500 · 2024

Ferguson Electric Company Inc. 401(k) Plan

Data updated 2026-08-11

$53M
Total assets
249
Participants
85th
Percentile by assets
$213,129
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan · Sponsored by Ferguson Electric Company Inc. · Connecticut · Construction

$53M in assets, 249 participants

Ferguson Electric Company Inc.'s Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan reported $53M in total assets and 249 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 123,622 plans)
  • #7,498 in Construction (9,039 peers)

Coverage in Connecticut

Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan covers 249 participants in Connecticut, about 35% of the average Connecticut filer (state average ~718 per filing). Assets: $53M.

$53M
total plan assets (2024 EOY)
249
covered participants
85th
percentile by assets (of 123,622 plans)
$213,129
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan reported participants rose from 181 in the plan year 2023 filing to 249 in the plan year 2024 filing.
  • Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan end-of-year assets rose from $44M in the plan year 2023 filing to $53M in the plan year 2024 filing.
  • Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan reported net income rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan reports 249 participants - about 35% of that state average ($53M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$53M
Net Income$9M
Employer EIN060839579
Plan Effective Date1990-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ferguson Electric Company Inc.)

$30M$40M$50M$60M 202220232024 $36.1M $53.1M ▲ +47.0%
Total plan assets by year, all Ferguson Electric Company Inc. plans on file
Year Plans Participants Total Assets
2022 1 167 $36M
2023 1 181 $44M
2024 1 249 $53M

Nearby 401(k) Plans in Connecticut

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

Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Ferguson Electric Co…Rtx Savings PlanCiti Retirement Savi…The Hartford Investm…Eversource 401(k) PlanXerox Corporation Sa…
Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan assets move in 2024?
Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan grew sharply - up 19.4% during 2024, from $44M to $53M. Reported net income was $9M.
How have Ferguson Electric Company Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ferguson Electric Company Inc.'s sponsor-wide assets grew 47.0%, from $36M to $53M.
Where does Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan rank by assets among Form 5500 filers?
Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan ranks in the 85th 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 Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Choice Pooled Employer Plan III in IA ($53M, 2,296 participants).

Next read for Ferguson Electric Company Inc. Prevailin…

Filing takeaways

Ways to act on Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan's numbers.

  • By total assets, Ferguson Electric Company Inc. Prevailing Wage/401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • Ferguson Electric Company Inc.'s sponsor-wide assets have grown 47.0% since 2022 across 3 plan years on file. More Construction plans