ESOP · DOL Form 5500 · 2022
Adco Electrical Corp. ESOP
Data updated 2026-08-11
- $17M
- Total assets
- 33
- Participants
- 75th
- Percentile by assets
- $515,372
- Avg per participant
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.
- 75th percentile by assets (of 139,126 plans)
- #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.
- $17M
- total plan assets (2022 EOY)
- 33
- covered participants
- 75th
- percentile by assets (of 139,126 plans)
- $515,372
- avg assets per participant
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.
Where Adco Employee Stock Ownership Plan sits 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
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 vs the 2022 asset distribution
By assets, Adco Employee Stock Ownership Plan outranks 75% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $20M |
|---|---|
| Net Assets (End of Year) | -$3M |
| Net Income | -$508K |
| Employer EIN | 132913649 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Adco Electrical Corp.)
| 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
- Stewart's Shops Corp Employee Stock Ownership Plan $782M · 3,443
- Lewis Tree Service Employee Stock Ownership Plan $384M · 3,307
- H.C. Wainwright & Co. Employee Stock Ownership Plan $293M · 118
- Greenman-Pedersen, Inc. Employee Stock Ownership Plan $207M · 1,611
- Griffon Corporation Employee Stock Ownership Plan $184M · 3,775
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Adco Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Adco Employee Stock Ownership Plan assets move in 2022? ▼
How have Adco Electrical Corp. plan assets changed over time? ▼
Where does Adco Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Adco Employee Stock Ownership Plan? ▼
Next read for Adco Employee Stock Ownership Plan
Scale reading
Ways to act on Adco Employee Stock Ownership Plan's numbers.
- By total assets, Adco Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
- Adco Electrical Corp.'s sponsor-wide assets have grown 34.5% since 2022 across 3 plan years on file. More Construction plans