401(k)
2024 plan-year 401(k) DOL Form 5500

Bar Constructors, Inc. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bar Constructors, Inc. · Texas · Construction

What the 2023 filing shows

Bar Constructors, Inc. 401(k) Profit Sharing Plan holds $14M for 109 participants — about $124,070 per participant, up 15.1% over the 2024 plan year.

$14M
total plan assets (2024 EOY)
109
covered participants
$124,070
avg assets per participant
+15.1%
assets growth YoY
Total Assets (2023)
$14M
Participants
109
State
Industry
Construction

What the Filing Says About Bar Constructors, Inc. 401(k) Profit Sharing Plan

Bar Constructors, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Bar Constructors, Inc., headquartered in Texas. As of the 2024 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 109 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 742060682, and the plan has been effective since 1997-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2024 to $14M at year-end — a gain of 15.1%. Net assets (after liabilities) closed the year at $14M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$2M
Plan Type401(k)
Employer EIN742060682
Plan Effective Date1997-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bar Constructors, Inc.)

Year Plans Participants Total Assets
2022 1 109 $12M
2023 1 110 $12M
2024 1 109 $14M

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Frequently Asked Questions

How much money is in the Bar Constructors, Inc. 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, Bar Constructors, Inc. 401(k) Profit Sharing Plan holds $14M in total assets with 109 participants. It is sponsored by Bar Constructors, Inc..
What type of plan is Bar Constructors, Inc. 401(k) Profit Sharing Plan?
Bar Constructors, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1997-08-01. The plan is filed with the U.S. Department of Labor under EIN 742060682.
Who sponsors the Bar Constructors, Inc. 401(k) Profit Sharing Plan?
Bar Constructors, Inc. 401(k) Profit Sharing Plan is sponsored by Bar Constructors, Inc., located in Texas. The sponsor's EIN is 742060682 and the plan operates in the Construction industry.
How did Bar Constructors, Inc. 401(k) Profit Sharing Plan perform in 2024?
Bar Constructors, Inc. 401(k) Profit Sharing Plan grew by 15.1% during 2024, moving from $12M to $14M in total assets. Net income was $2M.
Where can I find official filings for Bar Constructors, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Bar Constructors, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 742060682 or plan name at efast.dol.gov.
How does Bar Constructors, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Bar Constructors, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 742060682.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.