ESOP · DOL Form 5500 · 2022

Highpoint Electric, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
55
Participants Small participant base
27th
Percentile by assets National rank
$21,944
Avg per participant Low balance/head
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Official DOL plan name: Highpoint Electric, Inc. Employee Stock Ownership Plan · Sponsored by Highpoint Electric, Inc. · Michigan · Construction

$1M in assets, 55 participants

Highpoint Electric, Inc.'s Highpoint Electric, Inc. Employee Stock Ownership Plan reported $1M in total assets and 55 participants in its 2022 DOL Form 5500 filing, ranking in the 27th 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.

  • #2,397 in Construction (9,927 peers)

Highpoint Electric, Inc. multi-year trail

Highpoint Electric, Inc.'s plans moved +17.3% in assets from 2022 to 2024; this filing shows Highpoint Electric, Inc. Employee Stock Ownership Plan at $1M / 55 participants.

#2,397
in Construction (9,927 peers)
+21.5%
assets growth YoY

Highpoint Electric, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Highpoint Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$1,206,900 27th percentile higher than 27% 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

Highpoint Electric, Inc. 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. Highpoint Electric, Inc. Employee Stock Ownership Plan is a small filing (55 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 204147041 · Highpoint Electric, Inc. PY 2022 · ESOP

Highpoint Electric, Inc. Employee Stock Ownership Plan · $1M · 55 · 27th

  • PART $1M
  • PART 55
  • PART 27th
  • PART ESOP
  • PART near Southwest Networks, Inc Employee Stock Ownerhip Plan
  • PART ind #2397

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 Michigan →

Highpoint Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Highpoint Electric, Inc. Employee Stock Ownership PlanHighpoint Electric, Inc. Emp…$1MSouthwest Networks, Inc Employee Stock Ownerhip PlanSouthwest Networks, Inc Empl…$1MSotherly Hotels Inc. Employee Stock Ownership PlanSotherly Hotels Inc. Employe…$1MEmployee Stock Ownership Plan of Select Healthcare, Inc.Employee Stock Ownership Pla…$1MZima Holdings Employee Stock Ownership PlanZima Holdings Employee Stock…$1M
End-of-year total assets ($M) among Highpoint Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Highpoint Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Highpoint Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 17.29298202005137% vs 2022
2024 filing year
$1M$1.2M$1.4M$1.6M$1.8M 202220232024 $1.21M $1.42M ▲ +17.4%
Year Plans Participants Total Assets
2022 1 55 $1M
2023 1 66 $2M
2024 1 74 $1M

Highpoint Electric, Inc. filing trail (2022)

Total Assets (Beginning of Year)$994K
Net Assets (End of Year)$396K
Net Income$369K
Employer EIN204147041
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Highpoint Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Highpoint Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.0012069 · Participants: 55Highpoint Electric, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Highpoint Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Highpoint Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Highpoint Electric, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Southwest Networks, Inc Employee Stock Ownerhip Plan in CA ($1M); by covered participants it is R-S-H Engineering, Inc. Employee Stock Ownership Plan in LA (55 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (55 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 Highpoint Electric, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Highpoint Electric, Inc. Employee Stock Ownership Plan grew sharply - up 21.5% during 2022, from $994K to $1M. Reported net income was $369K.
How have Highpoint Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Highpoint Electric, Inc.'s sponsor-wide assets grew 17.3%, from $1M to $1M.
Which ESOP plans are similar in size to Highpoint Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Southwest Networks, Inc Employee Stock Ownerhip Plan in CA ($1M, 7 participants).
Which ESOP plans cover a similar participant headcount to Highpoint Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is R-S-H Engineering, Inc. Employee Stock Ownership Plan in LA (55 participants, $10M 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 204147041.

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.