ESOP · DOL Form 5500 · 2022

Patriot Power Investment Corporation ESOP

Data updated 2026-08-11

$44M
Total assets
131
Participants
87th
Percentile by assets
$333,253
Avg per participant
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Official DOL plan name: Ppic Employee Stock Ownership Plan · Sponsored by Patriot Power Investment Corporation · New Mexico · Management of Enterprises

$44M in assets, 131 participants

Patriot Power Investment Corporation's Ppic Employee Stock Ownership Plan reported $44M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 139,126 plans)
  • #824 in Management of Enterprises (1,193 peers)

Coverage in New Mexico

Ppic Employee Stock Ownership Plan covers 131 participants in New Mexico, about 36% of the average New Mexico filer (state average ~365 per filing). Assets: $44M.

$44M
total plan assets (2022 EOY)
131
covered participants
87th
percentile by assets (of 139,126 plans)
$333,253
avg assets per participant

Participants vs New Mexico filers

In New Mexico, the average filing covers about 365 participants across 466 plans. Ppic Employee Stock Ownership Plan reports 131 participants - about 36% of that state average ($44M EOY assets).

New Mexico filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$44M
Net Income$21M
Employer EIN271061316
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Patriot Power Investment Corporation)

$45M$50M$55M$60M$65M$70M 202220232024 $51.5M $58.5M ▲ +13.7%
Total plan assets by year, all Patriot Power Investment Corporation plans on file
Year Plans Participants Total Assets
2022 2 245 $51M
2023 2 218 $68M
2024 2 224 $59M

Nearby ESOP Plans in New Mexico

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

Ppic Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants

Ppic Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400500 Total assets ($M) Participants Ppic Employee Stock …Employee Stock Owner…Citizens Bank Employ…Commerce Bancshares …Miller Engineers, In…Jack B. Henderson Co…
Ppic Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Ppic Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Ppic Employee Stock Ownership Plan assets move in 2022?
Ppic Employee Stock Ownership Plan surged - up 91.7% during 2022, from $23M to $44M. Reported net income was $21M.
How have Patriot Power Investment Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Patriot Power Investment Corporation's sponsor-wide assets grew 13.7%, from $51M to $59M.
Where does Ppic Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Ppic Employee Stock Ownership Plan ranks in the 87th 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 Ppic Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Sdi Education, Inc. Employee Stock Ownership Plan in AZ ($44M, 164 participants).

Next read for Ppic Employee Stock Ownership Plan

Filing takeaways

Ways to act on Ppic Employee Stock Ownership Plan's numbers.