ESOP · DOL Form 5500 · 2022
New River Electrical Corporation ESOP
Data updated 2026-08-11
- $288M
- Total assets
- 424
- Participants
- 97th
- Percentile by assets
- $678,359
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $288M
- total plan assets (2022 EOY)
- 424
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $678,359
- avg assets per participant
New River Electrical Corporation Employee Stock Ownership Plan vs the 2022 asset distribution
By assets, New River Electrical Corporation Employee Stock Ownership Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $253M |
|---|---|
| Net Assets (End of Year) | $254M |
| Net Income | $30M |
| Employer EIN | 540562496 |
| Plan Effective Date | 1966-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New River Electrical Corporation)
| 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
- Nvr, Inc. Employee Stock Ownership Plan $863M · 6,910
- The Resorts Companies, Inc. Employee Stock Ownership Plan $301M · 1,695
- American Systems Corporation Employee Stock Ownership Plan $292M · 1,828
- Davis H. Elliot Company, Incorporated Employee Stock Ownership Plan $237M · 1,882
- Modern Technology Solutions Inc. Employee Stock Ownership Plan and Trust $235M · 1,594
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to New River Electrical Corporation Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Next read for New River Electrical Corporation Employe…
Scale reading
Ways to act on New River Electrical Corporation Employee Stock Ownership Plan's numbers.
- By total assets, New River Electrical Corporation Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
- New River Electrical Corporation's sponsor-wide assets have grown 32.1% since 2022 across 3 plan years on file. More Construction plans