Industry · Form 5500 business code 423600
Household Appliances and Electrical & Electronic Goods: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 251 retirement plans in household appliances and electrical & electronic goods with 100 or more participants filed Form 5500: 237 defined contribution and 14 defined benefit. They reported 297,593 participant records and $36.2B in net assets, counting every plan on the form.
The median defined contribution plan held $86,746 per participant, well above the national median of $53,031, and its employer put in $2,373 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $171 per participant against $123 nationally.
Employers contributed $836M and participants $1.34B during the year, and the plans paid out $3.57B in benefits.
In 2009 the same group numbered 307 plans with $12.1B; by 2024 it was 251 plans (down 18%) and $36.2B (up 199%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $86,746 | $53,031 | $79,654 | $86,234 |
| Employer contributions per active participant | $2,373 | $2,174 | $12,046 | $10,244 |
| Schedule C compensation per participant | $171 | $123 | $460 | $344 |
| Schedule C compensation, share of net assets | 0.21% | 0.26% | 0.53% | 0.42% |
| Administrative expenses per participant | $136 | $116 | $568 | $527 |
Medians across plans with 100 or more participants (225 DC and 14 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $58,305 | $86,746 | $124,989 | 225 |
| Employer contributions per active participant | $1,604 | $2,373 | $3,820 | 217 |
| Schedule C compensation per participant | $73.76 | $171 | $276 | 201 |
| Administrative expenses per participant | $47.70 | $136 | $245 | 214 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 28 | 40,525 | $6.73B | $80.5M | $210M | $94,319 | $217 |
| 2024 | 251 | 297,593 | $36.2B | $836M | $1.34B | $86,746 | $171 |
| 2023 | 256 | 291,851 | $32.6B | $783M | $1.26B | $74,367 | $147 |
| 2022 | 288 | 292,426 | $28.1B | $842M | $1.14B | $59,334 | $149 |
| 2021 | 289 | 273,356 | $32.1B | $673M | $1.02B | $75,882 | $157 |
| 2020 | 291 | 289,052 | $30.1B | $610M | $955M | $75,019 | $134 |
| 2019 | 293 | 315,265 | $26.4B | $620M | $931M | $65,814 | $115 |
| 2018 | 293 | 309,952 | $22.4B | $541M | $827M | $55,917 | $105 |
| 2017 | 302 | 284,400 | $23.1B | $743M | $748M | $61,745 | $101 |
| 2016 | 299 | 282,711 | $19.4B | $582M | $699M | $51,575 | $85.75 |
| 2015 | 300 | 289,956 | $18.4B | $599M | $649M | $50,120 | $73.84 |
| 2014 | 302 | 294,307 | $19.2B | $503M | $616M | $54,543 | $48.37 |
| 2013 | 303 | 270,273 | $17.3B | $463M | $505M | $52,182 | $51.08 |
| 2012 | 304 | 271,836 | $15.2B | $522M | $506M | $45,269 | $59.55 |
| 2011 | 297 | 283,281 | $15.8B | $552M | $507M | $44,108 | $65.77 |
| 2010 | 297 | 281,406 | $13.9B | $443M | $464M | $43,086 | $52.07 |
| 2009 | 307 | 290,886 | $12.1B | $398M | $461M | $35,521 | $38.24 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 251 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 251 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Wesco Distribution, Inc. Retirement Savings Plan | Wesco Distribution, Inc. | PA | DC | 16,991 | $1.92B | $112,732 | $3,921 | $73.76 |
| Employee 401(k) Savings Plan | Consolidated Electrical Distributors | TX | DC | 15,402 | $1.18B | $76,372 | $4,411 | $61.30 |
| Sonepar USA 401 (K) Plan | Sonepar Management US, Inc. | SC | DC | 14,502 | $1.56B | $107,725 | $1,928 | $67.04 |
| Panasonic Retirement Savings and Investment Plan | Panasonic Corporation of North America | NJ | DC | 13,075 | $1.65B | $126,212 | $3,761 | $46.87 |
| The Profit Sharing and Savings Plan of Graybar Electric Company, Inc. | Graybar Electric Company, Inc. | MO | DC | 11,961 | $1.95B | $163,153 | $8,433 | $92.76 |
| TD Synnex 401(k) Retirement Plan | TD Synnex Corporation | CA | DC | 10,330 | $896M | $86,746 | $2,122 | $43.75 |
| Rexel USA, Inc. Section 401(k) Savings Plan | Rexel USA, Inc. | TX | DC | 9,254 | $972M | $105,087 | $2,981 | $54.19 |
| World Wide Technology, LLC Employee Salary Deferral Retirement Program | World Wide Technology, LLC | MO | DC | 9,026 | $1.13B | $125,540 | $6,460 | $109 |
| Arrow Electronics Savings Plan | Arrow Electronics, Inc. | CO | DC | 8,025 | $1.47B | $182,864 | $4,393 | $146 |
| Thales Incentive 401(k) Savings Plan | Thales USA, Inc. | VA | DC | 7,623 | $1.60B | $209,455 | $7,665 | $88.31 |
| Employees Security Fund of the Elec Ind Pension Plan | Joint Pension Comm of the Ees Sec Fund of the Elec Prod Ind | NY | DB | 6,883 | $153M | $22,266 | $4,486 | $239 |
| Tti Incorporated 401(k) Plan | Tti, Inc. | TX | DC | 5,768 | $397M | $68,910 | $2,750 | $90.52 |
| City Electric Supply Employee Savings Plan | City Electric Supply Company | TX | DC | 5,647 | $159M | $28,098 | $1,129 | $7.59 |
| Fujitsu Group Defined Contribution and 401(k) Plan | Fujitsu North America, Inc. | TX | DC | 5,598 | $1.64B | $292,782 | $4,633 | $177 |
| Mitsubishi Electric U.S. Companies' Retirement Plan | Mitsubishi Electric US, Inc. | CA | DC | 5,169 | $860M | $166,432 | $6,780 | $53.40 |
| Graybar Electric Company, Inc. Pension Plan | Graybar Electric Company, Inc. | MO | DB | 5,114 | $525M | $102,622 | $13,952 | $336 |
| Digi-Key Corporation 401(k) Profit Sharing Plan | Digi-Key Corporation | MN | DC | 4,933 | $566M | $114,806 | $4,500 | $127 |
| Renesas Electronics America Inc. 401(k) Plan | Renesas Electronics America Inc. | CA | DC | 4,602 | $1.53B | $333,213 | $7,570 | $24.28 |
| Toshiba Tec U.S. Employees' 401(k) Savings Plan | Toshiba Global Commerce Solutions, Inc. | NC | DC | 4,246 | $485M | $114,125 | $2,373 | $88.67 |
| Border States Electric Supply 401(k) Plan | Border States Industries, Inc. | ND | DC | 4,244 | $254M | $59,805 | — | $67.00 |
| Resideo Technologies, Inc. 401(k) Plan | Resideo Technologies, Inc. | AZ | DC | 3,891 | $277M | $71,222 | $5,534 | $71.20 |
| Facility Solutions Group, Inc. 401(k) Plan | Facility Solutions Group, Inc. | TX | DC | 3,755 | $151M | $40,291 | $1,214 | $117 |
| Border States Industries, Inc. Employee Stock Ownership Plan | Border States Industries, Inc. | ND | DC | 3,586 | $1.27B | $354,707 | $13,446 | $78.93 |
| Employees' Retirement Plan of Consolidated Electrical Distributors, Inc. | Consolidated Electrical Distributors, Inc. | TX | DB | 3,192 | $1.15B | $360,529 | — | $997 |
| Elliott Electric Supply 401(k) Plan | Elliott Electric Supply, Inc. | TX | DC | 2,785 | $117M | $41,999 | $1,173 | $83.33 |
| The Sharp Employees Savings and Investment Plan | Sharp Electronics Corporation | NJ | DC | 2,647 | $472M | $178,472 | $3,842 | $85.48 |
| Resideo Technologies, Inc. Pension Plan | Resideo Technologies, Inc. | AZ | DB | 2,617 | $188M | $71,707 | $10,139 | $289 |
| Crescent Electric Supply Company 401(k) Plan | Crescent Electric Supply Company | IL | DC | 2,589 | $173M | $66,723 | $1,753 | $69.16 |
| Kgpco, Inc. 401(k) Savings Plan | Kgpco, Inc. | MN | DC | 2,478 | $107M | $43,216 | $776 | $26.88 |
| McNaughton-McKay Electric Company Employee Stock Ownership Plan | McNaughton-McKay Electric Company | MI | DC | 2,167 | $1.52B | $699,209 | $1,780 | — |
| The Kendall Group, Inc. Profit Sharing Plan | The Kendall Group, Inc. | MI | DC | 2,011 | $230M | $114,442 | $1,051 | $33.19 |
| The Kendall Group Employee Stock Ownership Plan | The Kendall Group Employee Stock Ownership Plan | MI | DC | 1,898 | $900M | $474,104 | $2,022 | — |
| Panasonic Pension Plan | Panasonic Corporation of North America | NJ | DB | 1,859 | $247M | $132,683 | — | $353 |
| McNaughton McKay Electric Co. 401(k) & Profit Sharing Plan | McNaughton McKay Electric Company | MI | DC | 1,838 | $165M | $90,043 | $6,465 | $0.97 |
| U. S. Electrical Services, Inc. 401(k) Plan | US Electrical Services, Inc. | CT | DC | 1,769 | $157M | $88,542 | $2,843 | $241 |
| Toshiba International Corporation Retirement Savings Plan | Toshiba International Corporation | TX | DC | 1,707 | $218M | $127,952 | $3,731 | $71.11 |
| D & H Employee Stock Ownership Plan | D & H Corporate Group Inc. | PA | DC | 1,631 | $239M | $146,572 | $7,288 | $11.27 |
| Nsi 401(k) Plan | Nsi Holdings, Inc. | NC | DC | 1,428 | $50.6M | $35,437 | $1,598 | $97.48 |
| Key Tronic 401(k) Retirement Savings Plan | Key Tronic Corporation | WA | DC | 1,368 | $51.2M | $37,446 | $1,131 | $55.74 |
| Mayer Electric Supply Co. Inc. Assoc Capital Accumul | Rexel USA, Inc. | TX | DC | 1,329 | $163M | $122,459 | — | $52.69 |
By plan size
By state
Questions and answers
How many retirement plans are there in household appliances and electrical & electronic goods?
251 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 395 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in household appliances and electrical & electronic goods?
The median defined contribution plan reported $86,746 in net assets per participant (middle half of plans: $58,305 to $124,989); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in household appliances and electrical & electronic goods?
The median defined contribution plan received $2,373 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in household appliances and electrical & electronic goods?
Among defined contribution plans that report any Schedule C compensation, the median was $171 per participant and 0.21% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.