ESOP · DOL Form 5500 · 2022

New River Electrical Corporation ESOP

Data updated 2026-08-25

$288M
Total assets Near avg plan size
424
Participants Below avg headcount
97th
Percentile by assets National rank
$678,359
Avg per participant High balance/head
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Official DOL plan name: New River Electrical Corporation Employee Stock Ownership Plan · Sponsored by New River Electrical Corporation · Virginia · Construction

$288M in assets, 424 participants

New River Electrical Corporation's New River Electrical Corporation Employee Stock Ownership Plan reported $288M in total assets and 424 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,551 in Construction (9,927 peers)

Where New River Electrical Corporation Employee Stock Ownership Plan sits by assets

New River Electrical Corporation Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $288M for 424 participants (~$678,359/participant), up 13.5% in 2022.

#9,551
in Construction (9,927 peers)
+13.5%
assets growth YoY
2.9×
vs typical plan assets (national mean)

New River Electrical Corporation Employee Stock Ownership Plan's outsized position by total assets

New River Electrical Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$287,624,090 Top 3% higher than 97% 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

New River Electrical Corporation Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New River Electrical Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (424 participants).

DOL schedule card

Filing strip 540562496 · New River Electrical Corporation PY 2022 · ESOP

New River Electrical Corporation Employee Stock Ownership Plan · $288M · 424 · 97th

  • ASSETS $288M
  • ASSETS 424
  • ASSETS 97th
  • ASSETS ESOP
  • ASSETS near Landscape Structures, Inc. Employee Stock Ownership Plan and Trust
  • ASSETS ind #9551

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 Virginia →

New River Electrical Corporation Employee Stock Ownership Plan in the asset neighbourhood

Air Tractor Holdings, Inc. Employee Stock Ownership PlanAir Tractor Holdings, Inc. E…$289MProponent Employee Stock Ownership PlanProponent Employee Stock Own…$289MKci Technologies, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Emplo…$289MLandscape Structures, Inc. Employee Stock Ownership Plan and TrustLandscape Structures, Inc. E…$289MNew River Electrical Corporation Employee Stock Ownership PlanNew River Electrical Corpora…$288M
End-of-year total assets ($M) among New River Electrical Corporation 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)$253M
Net Assets (End of Year)$254M
Net Income$30M
Employer EIN540562496
Plan Effective Date1966-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (New River Electrical Corporation)

Sponsor-wide plan assets over time

All New River Electrical Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$398M 32.11984823874877% vs 2022
2024 filing year
$250M$300M$350M$400M$450M 202220232024 $301M $398M ▲ +32.1%
Year Plans Participants Total Assets
2022 2 542 $301M
2023 2 569 $338M
2024 2 586 $398M

Nearby ESOP Plans in Virginia

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

New River Electrical Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. 02000400060008000 2004006008001000 Total assets ($M) Participants New River Electrical Corporation Employee Stock Ownership Plan, Total assets ($M): 287.62409 · Participants: 424New River Electrical Corporation Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($M): 862.945849 · Participants: 6910Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 301.066368 · Participants: 1695The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($M): 291.782297 · Participants: 1828American Systems Corporation Employee Stock Ownership PlanDavis H. Elliot Company, Incorporated Employee Stock Ownership Plan, Total assets ($M): 237.22873 · Participants: 1882Davis H. Elliot Company, Incorporated Employee Stock Ownership PlanModern Technology Solutions Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 235.302738 · Participants: 1594Modern Technology Solutions Inc. Employee Stock Ownership Plan and Trust
New River Electrical Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare New River Electrical Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

New River Electrical Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Landscape Structures, Inc. Employee Stock Ownership Plan and Trust in MN ($289M); by covered participants it is Choate Construction Company Employee Stock Ownership Plan in GA (424 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (424 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 New River Electrical Corporation Employee Stock Ownership Plan assets move in 2022? ▼
New River Electrical Corporation Employee Stock Ownership Plan grew at a solid clip - up 13.5% during 2022, from $253M to $288M. Reported net income was $30M.
How have New River Electrical Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New River Electrical Corporation's sponsor-wide assets grew 32.1%, from $301M to $398M.
Where does New River Electrical Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
New River Electrical Corporation Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to New River Electrical Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Landscape Structures, Inc. Employee Stock Ownership Plan and Trust in MN ($289M, 402 participants).
Which ESOP plans cover a similar participant headcount to New River Electrical Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Choate Construction Company Employee Stock Ownership Plan in GA (424 participants, $316M 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 540562496.

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.