401(k) · DOL Form 5500 · 2024

Baker Mechanical, Inc. 401(k) Plan

Data updated 2026-08-25

$278M
Total assets Near avg plan size
393
Participants Below avg headcount
96th
Percentile by assets National rank
$706,857
Avg per participant High balance/head
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Official DOL plan name: Baker Group 401(k) and Employee Stock Ownership Plan · Sponsored by Baker Mechanical, Inc. · Iowa · Construction

$278M in assets, 393 participants

Baker Mechanical, Inc.'s Baker Group 401(k) and Employee Stock Ownership Plan reported $278M in total assets and 393 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,578 in Construction (9,039 peers)

Where Baker Group 401(k) and Employee Stock Ownership Plan sits by assets

Baker Group 401(k) and Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $278M for 393 participants (~$706,857/participant), up 142.6% in 2024.

#8,578
in Construction (9,039 peers)
+142.6%
assets growth YoY
2.8×
vs typical plan assets (national mean)

Baker Group 401(k) and Employee Stock Ownership Plan's outsized position by total assets

Baker Group 401(k) and Employee Stock Ownership Plan vs every filed plan by assets

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

$277,794,707 Top 4% higher than 96% 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

Baker Group 401(k) and Employee Stock Ownership 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. Baker Group 401(k) and Employee Stock Ownership Plan sits mid-pack in the medium band (393 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Baker Group 401(k) and Employee Stock Ownership Plan reported net income rose from $56M in the plan year 2023 filing to $164M in the plan year 2024 filing.
  • Baker Group 401(k) and Employee Stock Ownership Plan end-of-year assets rose from $115M in the plan year 2023 filing to $278M in the plan year 2024 filing.
  • Baker Group 401(k) and Employee Stock Ownership Plan reported participants rose from 380 in the plan year 2023 filing to 393 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 420890441 · Baker Mechanical, Inc. PY 2024 · 401(k)

Baker Group 401(k) and Employee Stock Ownership Plan · $278M · 393 · 96th

  • IND $278M
  • EOY 393
  • 5500 96th
  • ASSETS 401(k)
  • PCT near Sita Employee 401(k) Savings Plan
  • EIN ind #8578

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 Iowa →

Baker Group 401(k) and Employee Stock Ownership Plan in the asset neighbourhood

The Kenan Advantage Group, Inc. 401(k) PlanThe Kenan Advantage Group, I…$278MPortsmouth D&d 401(k) Savings PlanPortsmouth D&d 401(k) Saving…$278MSita Employee 401(k) Savings PlanSita Employee 401(k) Savings…$278MBaker Group 401(k) and Employee Stock Ownership PlanBaker Group 401(k) and Emplo…$278MMerit Energy Company Savings TrustMerit Energy Company Savings…$277M
End-of-year total assets ($M) among Baker Group 401(k) and Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$115M
Net Assets (End of Year)$228M
Net Income$164M
Employer EIN420890441
Plan Effective Date1989-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baker Mechanical, Inc.)

Sponsor-wide plan assets over time

All Baker Mechanical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$278M 367.4478888318413% vs 2022
2024 filing year
$0M$100M$200M$300M 202220232024 $59.4M $278M ▲ +367.4%
Year Plans Participants Total Assets
2022 1 362 $59M
2023 1 380 $115M
2024 1 393 $278M

Nearby 401(k) Plans in Iowa

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

Baker Group 401(k) and Employee Stock Ownership Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 012345 Total assets ($B) Participants Baker Group 401(k) and Employee Stock Ownership Plan, Total assets ($B): 0.277794707 · Participants: 393Baker Group 401(k) and Employee Stock Ownership PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Baker Group 401(k) and Employee Stock Ownership Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Baker Group 401(k) and Employee Stock Ownership Plan side-by-side with 3 peers →

Baker Group 401(k) and Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Sita Employee 401(k) Savings Plan in GA ($278M); by covered participants it is Allied Printing Services, Incorporated 401(k) Retirement Savings Plan in CT (393 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($278M here).

Similar participant headcount

Nearest other-state filings by covered participants (393 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 Baker Group 401(k) and Employee Stock Ownership Plan assets move in 2024? ▼
Baker Group 401(k) and Employee Stock Ownership Plan surged - up 142.6% during 2024, from $115M to $278M. Reported net income was $164M.
How have Baker Mechanical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Baker Mechanical, Inc.'s sponsor-wide assets grew 367.4%, from $59M to $278M.
Where does Baker Group 401(k) and Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Baker Group 401(k) and Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Baker Group 401(k) and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sita Employee 401(k) Savings Plan in GA ($278M, 481 participants).
Which 401(k) plans cover a similar participant headcount to Baker Group 401(k) and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Allied Printing Services, Incorporated 401(k) Retirement Savings Plan in CT (393 participants, $41M 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 420890441.

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.