ESOP · DOL Form 5500 · 2022

Buist Electric Inc ESOP

Data updated 2026-08-25

$48M
Total assets Below avg plan size
377
Participants Below avg headcount
88th
Percentile by assets National rank
$126,250
Avg per participant Near avg balance/head
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Official DOL plan name: Buist Electric Inc Employee Stock Ownership Plan · Sponsored by Buist Electric Inc · Michigan · Construction

$48M in assets, 377 participants

Buist Electric Inc's Buist Electric Inc Employee Stock Ownership Plan reported $48M in total assets and 377 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #8,531 in Construction (9,927 peers)

Where Buist Electric Inc Employee Stock Ownership Plan sits by assets

Buist Electric Inc Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $48M for 377 participants (~$126,250/participant), up 9.7% in 2022.

#8,531
in Construction (9,927 peers)
+9.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Buist Electric Inc Employee Stock Ownership Plan's outsized position by total assets

Buist Electric Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$47,596,123 Top 12% higher than 88% 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

Buist Electric Inc 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. Buist Electric Inc Employee Stock Ownership Plan sits mid-pack in the medium band (377 participants).

Published 5500 schedule card

Filing strip 382177580 · Buist Electric Inc PY 2022 · ESOP

Buist Electric Inc Employee Stock Ownership Plan · $48M · 377 · 88th

  • PHOTO $48M
  • IND 377
  • EOY 88th
  • 5500 ESOP
  • ASSETS near Western Water Works Supply Company Employee Stock Ownership Plan
  • PCT ind #8531

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 →

Buist Electric Inc Employee Stock Ownership Plan in the asset neighbourhood

Western Water Works Supply Company Employee Stock Ownership PlanWestern Water Works Supply C…$48MBuist Electric Inc Employee Stock Ownership PlanBuist Electric Inc Employee …$48MThe Original Mattress Factory Employee Stock Ownership Plan and TrustThe Original Mattress Factor…$48MAnderson Electric, Inc. ESOP$48MThe Solomon-Page Group Ltd. Employee Stock Ownership PlanThe Solomon-Page Group Ltd. …$48M
End-of-year total assets ($M) among Buist Electric 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)$43M
Net Assets (End of Year)$48M
Net Income$4M
Employer EIN382177580
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Buist Electric Inc)

Sponsor-wide plan assets over time

All Buist Electric Inc plans reported in each filing year

Latest sponsor-wide plan assets
$139M 37.193490278553675% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $101M $139M ▲ +37.2%
Year Plans Participants Total Assets
2022 2 762 $101M
2023 2 803 $115M
2024 2 876 $139M

Nearby ESOP Plans in Michigan

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

Buist Electric Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -0.500.511.5 Total assets ($B) Participants Buist Electric Inc Employee Stock Ownership Plan, Total assets ($B): 0.047596123 · Participants: 377Buist 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
Buist Electric Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest ESOP by assets is Western Water Works Supply Company Employee Stock Ownership Plan in CA ($48M); by covered participants it is The Fort Miller Group, Inc. Employee Stock Ownership Plan in NY (377 participants). Same-state nearby plans are listed separately above.

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 Buist Electric Inc Employee Stock Ownership Plan assets move in 2022? ▼
Buist Electric Inc Employee Stock Ownership Plan grew at a solid clip - up 9.7% during 2022, from $43M to $48M. Reported net income was $4M.
How have Buist Electric Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Buist Electric Inc's sponsor-wide assets grew 37.2%, from $101M to $139M.
Where does Buist Electric Inc Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Buist Electric Inc Employee Stock Ownership Plan ranks in the 88th 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 Buist Electric Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Western Water Works Supply Company Employee Stock Ownership Plan in CA ($48M, 120 participants).
Which ESOP plans cover a similar participant headcount to Buist Electric Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Fort Miller Group, Inc. Employee Stock Ownership Plan in NY (377 participants, $50M in assets).