How big is Palace Electrical Contractors Inc.'s plan?

Palace Electrical Contractors Inc.'s plan reported $601K in assets and 8 participants for 2024.

Original filing (PDF)20250926151709NAL0010270928001

Palace Electrical Contractors Inc.

Name: Palace Electrical Contractors Inc. — Palace Electric, Form 5500 (2024)
Creator: Palace Electrical Contractors Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Palace Electrical Contractors Inc. 401(k) Plan

401(k) retirement plan · Palace Electrical Contractors Inc.'s Palace Electrical Contractors Inc. 401(k) Plan held $601K in plan assets for 8 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$601K

Net assets (EOY)

$601K

People on this filing

Gerard Palazzo signed Palace Electrical Contractors Inc.'s 2024 Form 5500 as plan administrator.

Gerard Palazzo — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Palace Electrical Contractors Inc.'s EIN is 11-2521442.

EIN 11-2521442

Plan number 001

Plan year 2024

ACK ID 20250926151709NAL0010270928001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Palace Electrical Contractors Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Palace Electrical Contractors Inc.'s plan includes profit-sharing, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for PALACE ELECTRICAL CONTRACTORS INC..

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (90th percentile).

Plan sponsor

Name

PALACE ELECTRICAL CONTRACTORS INC.

EIN

all filings

Address

3558 PARK AVENUE · WANTAGH, NY · 11793

Phone

(516) 781-3500

Industry

Electrical Contractors· Construction

Plan administrator