ESOP · DOL Form 5500 · 2022

Underground Systems, Inc. ESOP

Data updated 2026-08-25

$19M
Total assets Small plan by assets
41
Participants Small participant base
76th
Percentile by assets National rank
$461,135
Avg per participant High balance/head
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Official DOL plan name: Underground Systems, Inc. Employee Stock Ownership Plan · Sponsored by Underground Systems, Inc. · Connecticut · Professional & Technical Services

$19M in assets, 41 participants

Underground Systems, Inc.'s Underground Systems, Inc. Employee Stock Ownership Plan reported $19M in total assets and 41 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #16,512 in Professional & Technical Services (21,562 peers)

Where Underground Systems, Inc. Employee Stock Ownership Plan sits by assets

Underground Systems, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $19M for 41 participants (~$461,135/participant), up 20.4% in 2022.

#16,512
in Professional & Technical Services (21,562 peers)
+20.4%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Underground Systems, Inc. Employee Stock Ownership Plan's outsized position by total assets

Underground Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$18,906,531 Top 24% higher than 76% 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

Underground Systems, 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. Underground Systems, Inc. Employee Stock Ownership Plan is a small filing (41 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 132837950 · Underground Systems, Inc. PY 2022 · ESOP

Underground Systems, Inc. Employee Stock Ownership Plan · $19M · 41 · 76th

  • PART $19M
  • PART 41
  • PART 76th
  • PART ESOP
  • PART near Universal Technologies of Wisconsin, Inc. Employee Stock Ownership Plan
  • PART ind #16512

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 Connecticut →

Underground Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Materials Transportation Company Employee Stock Ownership PlanMaterials Transportation Com…$19MUnderground Systems, Inc. Employee Stock Ownership PlanUnderground Systems, Inc. Em…$19MUniversal Technologies of Wisconsin, Inc. Employee Stock Ownership PlanUniversal Technologies of Wi…$19MPen-Link, Ltd. Employee Stock Ownership Plan and TrustPen-Link, Ltd. Employee Stoc…$19MR & B Wagner, Inc. Employee Stock Ownership PlanR & B Wagner, Inc. Employee …$19M
End-of-year total assets ($M) among Underground Systems, Inc. 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)$16M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN132837950
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Underground Systems, Inc.)

Sponsor-wide plan assets over time

All Underground Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 32.52481377995783% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $18.9M $25.1M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 41 $19M
2023 1 41 $21M
2024 1 41 $25M

Nearby ESOP Plans in Connecticut

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

Underground Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 0200400600 0100200300400 Total assets ($M) Participants Underground Systems, Inc. Employee Stock Ownership Plan, Total assets ($M): 18.906531 · Participants: 41Underground Systems, Inc. Employee Stock Ownership PlanMott Corporation Employee Stock Ownership Plan, Total assets ($M): 367.564048 · Participants: 212Mott Corporation Employee Stock Ownership PlanSonalysts, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.429241 · Participants: 410Sonalysts, Inc. Employee Stock Ownership PlanBl Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 94.746005 · Participants: 305Bl Companies, Inc. Employee Stock Ownership PlanEurpac Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 88.269386 · Participants: 502Eurpac Service, Inc. Employee Stock Ownership PlanTwin Mro Employee Stock Ownership Plan, Total assets ($M): 50.402373 · Participants: 89Twin Mro Employee Stock Ownership Plan
Underground Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
Compare Underground Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest ESOP by assets is Universal Technologies of Wisconsin, Inc. Employee Stock Ownership Plan in WI ($19M); by covered participants it is Appleton Marine, Inc. Employee Stock Ownership Plan and Trust in WI (41 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (41 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 Underground Systems, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Underground Systems, Inc. Employee Stock Ownership Plan grew sharply - up 20.4% during 2022, from $16M to $19M. Reported net income was $3M.
How have Underground Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Underground Systems, Inc.'s sponsor-wide assets grew 32.5%, from $19M to $25M.
Where does Underground Systems, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Underground Systems, Inc. Employee Stock Ownership Plan ranks in the 76th 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 Underground Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Universal Technologies of Wisconsin, Inc. Employee Stock Ownership Plan in WI ($19M, 105 participants).
Which ESOP plans cover a similar participant headcount to Underground Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Appleton Marine, Inc. Employee Stock Ownership Plan and Trust in WI (41 participants, $18M 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 132837950.

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.