ESOP · DOL Form 5500 · 2022

Adco Electrical Corp. ESOP

Data updated 2026-08-25

$17M
Total assets Small plan by assets
33
Participants Small participant base
75th
Percentile by assets National rank
$515,372
Avg per participant High balance/head
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Official DOL plan name: Adco Employee Stock Ownership Plan · Sponsored by Adco Electrical Corp. · New York · Construction

$17M in assets, 33 participants

Adco Electrical Corp.'s Adco Employee Stock Ownership Plan reported $17M in total assets and 33 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #7,385 in Construction (9,927 peers)

Where Adco Employee Stock Ownership Plan sits by assets

Adco Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $17M for 33 participants (~$515,372/participant), down 15.5% in 2022.

#7,385
in Construction (9,927 peers)
-15.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $508K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Adco Employee Stock Ownership Plan's outsized position by total assets

Adco Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$17,007,278 Top 25% higher than 75% of 139,123 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 2022

Adco Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Adco Employee Stock Ownership Plan is a small filing (33 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 132913649 · Adco Electrical Corp. PY 2022 · ESOP

Adco Employee Stock Ownership Plan · $17M · 33 · 75th

  • PART $17M
  • TYPE 33
  • NET 75th
  • BOOK ESOP
  • VS-ST near Galois, Inc. Employee Stock Ownership Plan
  • BOY ind #7385

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 What is an ESOP? → · Plans in New York →

Adco Employee Stock Ownership Plan in the asset neighbourhood

Petersen, Inc. Frozen Capital Accumulation PlanPetersen, Inc. Frozen Capita…$17MAdco Employee Stock Ownership PlanAdco Employee Stock Ownershi…$17MGalois, Inc. Employee Stock Ownership PlanGalois, Inc. Employee Stock …$17MAvery W. Hall Insurance Agency, Inc. Employee Stock Ownership PlanAvery W. Hall Insurance Agen…$17MManar Employee Stock Ownership PlanManar Employee Stock Ownersh…$17M
End-of-year total assets ($M) among Adco Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)-$3M
Net Income-$508K
Employer EIN132913649
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adco Electrical Corp.)

Sponsor-wide plan assets over time

All Adco Electrical Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 34.531781041034314% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17M $22.9M ▲ +34.5%
Year Plans Participants Total Assets
2022 1 33 $17M
2023 1 43 $21M
2024 1 39 $23M

Nearby ESOP Plans in New York

Peer ESOP plans, same state, same plan type, ranked by total assets.

Adco Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Adco Employee Stock Ownership Plan, Total assets ($M): 17.007278 · Participants: 33Adco Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 781.613108 · Participants: 3443Stewart's Shops Corp Employee Stock Ownership PlanLewis Tree Service Employee Stock Ownership Plan, Total assets ($M): 384.275596 · Participants: 3307Lewis Tree Service Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 293.053093 · Participants: 118H.C. Wainwright & Co. Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 207.331837 · Participants: 1611Greenman-Pedersen, Inc. Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 183.683651 · Participants: 3775Griffon Corporation Employee Stock Ownership Plan
Adco Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Adco Employee Stock Ownership Plan side-by-side with 3 peers →

Adco Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Galois, Inc. Employee Stock Ownership Plan in OR ($17M); by covered participants it is Eagle Savings Bank Employee Stock Ownership Plan in OH (33 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (33 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Adco Employee Stock Ownership Plan assets move in 2022? ▼
Adco Employee Stock Ownership Plan declined sharply - down 15.5% during 2022, from $20M to $17M. Reported net income was -$508K.
How have Adco Electrical Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Adco Electrical Corp.'s sponsor-wide assets grew 34.5%, from $17M to $23M.
Where does Adco Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Adco Employee Stock Ownership Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Adco Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Galois, Inc. Employee Stock Ownership Plan in OR ($17M, 100 participants).
Which ESOP plans cover a similar participant headcount to Adco Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Eagle Savings Bank Employee Stock Ownership Plan in OH (33 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 132913649.

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.