401(k) · DOL Form 5500 · 2024

The Loeb Electric Company 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
307
Participants Below avg headcount
73rd
Percentile by assets National rank
$74,669
Avg per participant Below avg balance/head
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Official DOL plan name: Loeb Electric Company 401(k) Profit Sharing Plan & Trust · Sponsored by The Loeb Electric Company · Ohio · Wholesale Trade

$23M in assets, 307 participants

The Loeb Electric Company's Loeb Electric Company 401(k) Profit Sharing Plan & Trust reported $23M in total assets and 307 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #4,248 in Wholesale Trade (6,080 peers)

Coverage in Ohio

Loeb Electric Company 401(k) Profit Sharing Plan & Trust covers 307 participants in Ohio, about 40% of the average Ohio filer (state average ~765 per filing). Assets: $23M.

#4,248
in Wholesale Trade (6,080 peers)
+12.3%
assets growth YoY

Loeb Electric Company 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Loeb Electric Company 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$22,923,392 Top 27% higher than 73% 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

Loeb Electric Company 401(k) Profit Sharing Plan & Trust 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. Loeb Electric Company 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (307 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Loeb Electric Company 401(k) Profit Sharing Plan & Trust reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Loeb Electric Company 401(k) Profit Sharing Plan & Trust reported participants rose from 267 in the plan year 2023 filing to 307 in the plan year 2024 filing.
  • Loeb Electric Company 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $20M in the plan year 2023 filing to $23M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 314236750 · The Loeb Electric Company PY 2024 · 401(k)

Loeb Electric Company 401(k) Profit Sharing Plan & Trust · $23M · 307 · 73rd

  • VS-ST $23M
  • BOY 307
  • SCH 73rd
  • EBSA 401(k)
  • PART near Bean Automotive Group 401(k) Plan
  • TYPE ind #4248

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 Wholesale Trade retirement plans → · Plans in Ohio →

Loeb Electric Company 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Sauce Labs, Inc. 401(k) Profit Sharing PlanSauce Labs, Inc. 401(k) Prof…$23MLoeb Electric Company 401(k) Profit Sharing Plan & TrustLoeb Electric Company 401(k)…$23MBean Automotive Group 401(k) PlanBean Automotive Group 401(k)…$23MFleis & Vandenbrink Engineering Inc Employee Stock Ownership PlanFleis & Vandenbrink Engineer…$23MDanville Metal Stamping Company, Inc. Employees' Savings PlanDanville Metal Stamping Comp…$23M
End-of-year total assets ($M) among Loeb Electric Company 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN314236750
Plan Effective Date1957-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (The Loeb Electric Company)

Sponsor-wide plan assets over time

All The Loeb Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$23M 33.340685762973955% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17.2M $22.9M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 282 $17M
2023 1 267 $20M
2024 1 307 $23M

Nearby 401(k) Plans in Ohio

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

Loeb Electric Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Loeb Electric Company 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.022923392 · Participants: 307Loeb Electric Company 401(k) Profit Sharing Plan & TrustGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Loeb Electric Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Loeb Electric Company 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Loeb Electric Company 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Bean Automotive Group 401(k) Plan in FL ($23M); by covered participants it is Enghouse Interactive 401(k) Plan in NJ (307 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (307 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 Loeb Electric Company 401(k) Profit Sharing Plan & Trust assets move in 2024? ▼
Loeb Electric Company 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 12.3% during 2024, from $20M to $23M. Reported net income was $3M.
How have The Loeb Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Loeb Electric Company's sponsor-wide assets grew 33.3%, from $17M to $23M.
Which 401(k) plans are similar in size to Loeb Electric Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Bean Automotive Group 401(k) Plan in FL ($23M, 560 participants).
Which 401(k) plans cover a similar participant headcount to Loeb Electric Company 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Enghouse Interactive 401(k) Plan in NJ (307 participants, $103M 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 314236750.

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.