401(k) · DOL Form 5500 · 2024

Electrifai LLC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
115
Participants Small participant base
49th
Percentile by assets National rank
$63,566
Avg per participant Low balance/head
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Official DOL plan name: Electrifai LLC 401(k) Plan · Sponsored by Electrifai LLC · New Jersey · Professional & Technical Services

$7M in assets, 115 participants

Electrifai LLC's Electrifai LLC 401(k) Plan reported $7M in total assets and 115 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #9,537 in Professional & Technical Services (20,173 peers)

Coverage in New Jersey

Electrifai LLC 401(k) Plan covers 115 participants in New Jersey, about 14% of the average New Jersey filer (state average ~844 per filing). Assets: $7M.

#9,537
in Professional & Technical Services (20,173 peers)
-2.1%
assets change YoY

The plan reported a net loss of $156K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Electrifai LLC 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Electrifai LLC 401(k) Plan vs every filed plan by assets

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

$7,310,034 49th percentile higher than 49% 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

Electrifai LLC 401(k) 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. Electrifai LLC 401(k) Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Electrifai LLC 401(k) Plan reported participants rose from 44 in the plan year 2023 filing to 115 in the plan year 2024 filing.
  • Electrifai LLC 401(k) Plan reported net income fell from $730K in the plan year 2023 filing to -$156K in the plan year 2024 filing.
  • Electrifai LLC 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 832145136 · Electrifai LLC PY 2024 · 401(k)

Electrifai LLC 401(k) Plan · $7M · 115 · 49th

  • EIN $7M
  • EIN 115
  • EIN 49th
  • EIN 401(k)
  • EIN near Tri-State Electric 401(k) Plan
  • EIN ind #9537

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 Professional & Technical Services retirement plans → · Plans in New Jersey →

Electrifai LLC 401(k) Plan in the asset neighbourhood

Electrifai LLC 401(k) Plan$7MTri-State Electric 401(k) PlanTri-State Electric 401(k) Pl…$7MBeverage Wholesalers, Inc. 401(k) PlanBeverage Wholesalers, Inc. 4…$7MMeier-Badger 401(k) Retirement Savings PlanMeier-Badger 401(k) Retireme…$7MAmerican Turned Products Retirement Savings PlanAmerican Turned Products Ret…$7M
End-of-year total assets ($M) among Electrifai LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income-$156K
Employer EIN832145136
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Electrifai LLC)

Sponsor-wide plan assets over time

All Electrifai LLC plans reported in each filing year

Latest sponsor-wide plan assets
$15M 128.82852158001% vs 2023
2024 filing year
$5M$10M$15M$20M 20232024 $6.56M $15M ▲ +129.0%
Year Plans Participants Total Assets
2023 1 44 $7M
2024 2 183 $15M

Nearby 401(k) Plans in New Jersey

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

Electrifai LLC 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Electrifai LLC 401(k) Plan, Total assets ($B): 0.007310034 · Participants: 115Electrifai LLC 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Electrifai LLC 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Electrifai LLC 401(k) Plan side-by-side with 3 peers →

Electrifai LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Tri-State Electric 401(k) Plan in TX ($7M); by covered participants it is Dhillon Healthcare Group 401(k) Profit Sharing in CA (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Electrifai LLC 401(k) Plan assets move in 2024? ▼
Electrifai LLC 401(k) Plan edged down modestly - down 2.1% during 2024, from $7M to $7M. Reported net income was -$156K.
How have Electrifai LLC plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Electrifai LLC's sponsor-wide assets grew 128.8%, from $7M to $15M.
Which 401(k) plans are similar in size to Electrifai LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tri-State Electric 401(k) Plan in TX ($7M, 112 participants).
Which 401(k) plans cover a similar participant headcount to Electrifai LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dhillon Healthcare Group 401(k) Profit Sharing in CA (115 participants, $2M 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 832145136.

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.