401(k) · DOL Form 5500 · 2024

Taft Electric Company, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
133
Participants Small participant base
65th
Percentile by assets National rank
$117,857
Avg per participant Below avg balance/head
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Official DOL plan name: Taft Electric Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Taft Electric Company, Inc. · California · Construction

$16M in assets, 133 participants

Taft Electric Company, Inc.'s Taft Electric Company, Inc. 401(k) Profit Sharing Plan reported $16M in total assets and 133 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #5,802 in Construction (9,039 peers)

Coverage in California

Taft Electric Company, Inc. 401(k) Profit Sharing Plan covers 133 participants in California, about 21% of the average California filer (state average ~630 per filing). Assets: $16M.

#5,802
in Construction (9,039 peers)
+17.6%
assets growth YoY

Taft Electric Company, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Taft 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

$15,674,983 Top 35% higher than 65% 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

Taft 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. Taft Electric Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (133 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Taft Electric Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Taft Electric Company, Inc. 401(k) Profit Sharing Plan reported participants fell from 140 in the plan year 2023 filing to 133 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 770007216 · Taft Electric Company, Inc. PY 2024 · 401(k)

Taft Electric Company, Inc. 401(k) Profit Sharing Plan · $16M · 133 · 65th

  • BOY $16M
  • BOY 133
  • BOY 65th
  • BOY 401(k)
  • BOY near Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust
  • BOY ind #5802

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 California →

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

Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and TrustPueblo of Laguna Commercial …$16MUniguest 401(k) Plan$16MQualstar Credit Union 401(k) Profit Sharing PlanQualstar Credit Union 401(k)…$16MTaft Electric Company, Inc. 401(k) Profit Sharing PlanTaft Electric Company, Inc. …$16MOzarks Community Hospital 401(k) Profit Sharing PlanOzarks Community Hospital 40…$16M
End-of-year total assets ($M) among Taft Electric Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN770007216
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Taft Electric Company, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$64M 32.42497541013574% vs 2022
2024 filing year
$45M$50M$55M$60M$65M$70M 202220232024 $48.3M $63.9M ▲ +32.4%
Year Plans Participants Total Assets
2022 2 321 $48M
2023 2 301 $57M
2024 2 275 $64M

Nearby 401(k) Plans in California

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

Taft Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Taft Electric Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.015674983 · Participants: 133Taft Electric Company, Inc. 401(k) Profit Sharing PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Taft Electric Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Taft Electric Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Taft Electric Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust in NM ($16M); by covered participants it is Daystar Products Int'l, Inc. 401(k) Profit Sharing Plan in AZ (133 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (133 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 Taft Electric Company, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Taft Electric Company, Inc. 401(k) Profit Sharing Plan grew sharply - up 17.6% during 2024, from $13M to $16M. Reported net income was $2M.
How have Taft Electric Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Taft Electric Company, Inc.'s sponsor-wide assets grew 32.4%, from $48M to $64M.
Which 401(k) plans are similar in size to Taft Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust in NM ($16M, 1,002 participants).
Which 401(k) plans cover a similar participant headcount to Taft Electric Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Daystar Products Int'l, Inc. 401(k) Profit Sharing Plan in AZ (133 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 770007216.

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.