401(k) · DOL Form 5500 · 2024

Spartan Electric Co., Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
113
Participants Small participant base
52nd
Percentile by assets National rank
$75,207
Avg per participant Below avg balance/head
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Official DOL plan name: Spartan Electric Profit Sharing Plan & Trust · Sponsored by Spartan Electric Co., Inc. · Maryland · Construction

$8M in assets, 113 participants

Spartan Electric Co., Inc.'s Spartan Electric Profit Sharing Plan & Trust reported $8M in total assets and 113 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #4,575 in Construction (9,039 peers)

Coverage in Maryland

Spartan Electric Profit Sharing Plan & Trust covers 113 participants in Maryland, about 12% of the average Maryland filer (state average ~929 per filing). Assets: $8M.

#4,575
in Construction (9,039 peers)
+16.8%
assets growth YoY

Spartan Electric Profit Sharing Plan & Trust's mid-pack asset rank among Construction and all filers

Spartan Electric Profit Sharing Plan & Trust vs every filed plan by assets

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

$8,498,340 Top 48% higher than 52% 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

Spartan Electric 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. Spartan Electric Profit Sharing Plan & Trust sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spartan Electric Profit Sharing Plan & Trust reported participants rose from 92 in the plan year 2023 filing to 113 in the plan year 2024 filing.
  • Spartan Electric Profit Sharing Plan & Trust end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 521056251 · Spartan Electric Co., Inc. PY 2024 · 401(k)

Spartan Electric Profit Sharing Plan & Trust · $8M · 113 · 52nd

  • BOY $8M
  • SCH 113
  • EBSA 52nd
  • PART 401(k)
  • TYPE near Stonefield Engineering and Design 401(k) & Profit Sharing Plan
  • NET ind #4575

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 Maryland →

Spartan Electric Profit Sharing Plan & Trust in the asset neighbourhood

Spartan Electric Profit Sharing Plan & TrustSpartan Electric Profit Shar…$8MStonefield Engineering and Design 401(k) & Profit Sharing PlanStonefield Engineering and D…$8MS.G. Wilkerson & Sons, Inc. 401(k)/Profit Sharing PlanS.G. Wilkerson & Sons, Inc. …$8MFirst American Resources Company, LLC 401(k) Savings PlanFirst American Resources Com…$8MWm. Kramer & Son, Inc. Profit Sharing and 401(k) PlanWm. Kramer & Son, Inc. Profi…$8M
End-of-year total assets ($M) among Spartan Electric Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN521056251
Plan Effective Date1987-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spartan Electric Co., Inc.)

Sponsor-wide plan assets over time

All Spartan Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 41.68485866592154% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $6M $8.5M ▲ +41.7%
Year Plans Participants Total Assets
2022 1 92 $6M
2023 1 92 $7M
2024 1 113 $8M

Nearby 401(k) Plans in Maryland

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

Spartan Electric Profit Sharing Plan & Trust vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Spartan Electric Profit Sharing Plan & Trust, Total assets ($B): 0.00849834 · Participants: 113Spartan Electric Profit Sharing Plan & TrustLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Spartan Electric Profit Sharing Plan & Trust vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Spartan Electric Profit Sharing Plan & Trust side-by-side with 3 peers →

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

Outside Maryland, the nearest 401(k) by assets is Stonefield Engineering and Design 401(k) & Profit Sharing Plan in NJ ($8M); by covered participants it is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (113 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 Spartan Electric Profit Sharing Plan & Trust assets move in 2024? ▼
Spartan Electric Profit Sharing Plan & Trust grew sharply - up 16.8% during 2024, from $7M to $8M. Reported net income was $1M.
How have Spartan Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spartan Electric Co., Inc.'s sponsor-wide assets grew 41.7%, from $6M to $8M.
Which 401(k) plans are similar in size to Spartan Electric Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Stonefield Engineering and Design 401(k) & Profit Sharing Plan in NJ ($8M, 174 participants).
Which 401(k) plans cover a similar participant headcount to Spartan Electric Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants, $918K 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 521056251.

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.