Original filing (PDF)20250721074805NAL0001470176001

BECO, INC.

Name: BECO, INC. — BECO, INC. 401(K) PROFIT SHARING AND TRUST, Form 5500 (2024)
Creator: BECO, INC.

Form 5500-SF

FILING_RECEIVED

BECO, INC. 401(K) PROFIT SHARING AND TRUST

401(k) retirement plan

Active participants

103

Accounts w/ balance

Plan assets (EOY)

$3.6M

Net assets (EOY)

$3.6M

Plan health score (directional)

/ 100

Grade B

Above-average plan

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

Concentration risk

Total plan cost

Vendor stack

100

Participation health

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BECO, INC..

Plan sponsor

Name

BECO, INC.

EIN

56-0754223

Address

2124 SURRETT DR. · HIGH POINT, NC · 27263

Phone

(336) 889-3477

Industry

Electrical Contractors· Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-21

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

Small plans don't disclose service providers

Related plans

Similar-size Electrical Contractors plans

WAYNE'S ELECTRIC

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$3.6M · 160 participants

WALKER ELECTRIC

WALKER ELECTRIC 401(K) PLAN

$3.6M · 49 participants

2011 DALLAS VENTURES, LTD.

BRITAIN ELECTRIC COMPANY 401(K) PLAN

$3.6M · 16 participants

MIDDLETON ELECTRIC, INC.

MIDDLETON ELECTRIC, INC. 401(K) PROFIT SHARING PLAN AND TRUST

$3.6M · 92 participants

WM. F. NELSON ELECTRIC, INC.

WM F NELSON ELECTRIC INC 401(K) PENSION PLAN

$3.6M · 5 participants

Knocking points off

No IQPA named; plan is in the 80-120 transition zone — may be filing as small.
Only 47% as many balances as active participants — suggests many active employees aren't deferring.

Helping the score

Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
No Schedule C compensation disclosed — likely a small plan or unbundled.