ESOP · DOL Form 5500 · 2022

Design Electric, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
156
Participants Small participant base
70th
Percentile by assets National rank
$81,250
Avg per participant Below avg balance/head
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Official DOL plan name: Design Electric, Inc. Employee Stock Ownership Plan · Sponsored by Design Electric, Inc. · Virginia · Construction

$13M in assets, 156 participants

Design Electric, Inc.'s Design Electric, Inc. Employee Stock Ownership Plan reported $13M in total assets and 156 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #6,864 in Construction (9,927 peers)

Coverage in Virginia

Design Electric, Inc. Employee Stock Ownership Plan covers 156 participants in Virginia, about 20% of the average Virginia filer (state average ~782 per filing). Assets: $13M.

#6,864
in Construction (9,927 peers)
+25.4%
assets growth YoY

Design Electric, Inc. Employee Stock Ownership Plan's outsized position by total assets

Design Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,674,945 Top 30% higher than 70% 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

Design 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. Design Electric, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (156 participants).

EBSA filing schedule strip

Filing strip 541232883 · Design Electric, Inc. PY 2022 · ESOP

Design Electric, Inc. Employee Stock Ownership Plan · $13M · 156 · 70th

  • BOOK $13M
  • BOOK 156
  • BOOK 70th
  • BOOK ESOP
  • BOOK near Nsp Management Services of Long Island,Inc. ESOP
  • BOOK ind #6864

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 →

Design Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Wedco, Inc. Employee Stock Ownership PlanWedco, Inc. Employee Stock O…$13MInfinity Drywall Contracting, Inc. Employee Stock Ownership PlanInfinity Drywall Contracting…$13MParamount Export Company Employee Stock Ownership PlanParamount Export Company Emp…$13MDesign Electric, Inc. Employee Stock Ownership PlanDesign Electric, Inc. Employ…$13MNsp Management Services of Long Island,Inc. ESOPNsp Management Services of L…$13M
End-of-year total assets ($M) among Design Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income$3M
Employer EIN541232883
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Design Electric, Inc.)

Sponsor-wide plan assets over time

All Design Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 27.474148336929915% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $18.4M $23.5M ▲ +27.5%
Year Plans Participants Total Assets
2022 2 309 $18M
2023 2 261 $21M
2024 2 257 $23M

Nearby ESOP Plans in Virginia

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

Design Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Design Electric, Inc. Employee Stock Ownership Plan, Total assets ($M): 12.674945 · Participants: 156Design Electric, Inc. 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 ($M): 291.782297 · Participants: 1828American Systems Corporation Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($M): 287.62409 · Participants: 424New River Electrical 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 Plan
Design Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Design Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest ESOP by assets is Nsp Management Services of Long Island,Inc. ESOP in NY ($13M); by covered participants it is Mcfarland-Johnson, Inc. Employee Stock Ownership Plan in NY (156 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (156 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 Design Electric, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Design Electric, Inc. Employee Stock Ownership Plan grew sharply - up 25.4% during 2022, from $10M to $13M. Reported net income was $3M.
How have Design Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Design Electric, Inc.'s sponsor-wide assets grew 27.5%, from $18M to $23M.
Which ESOP plans are similar in size to Design Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Nsp Management Services of Long Island,Inc. ESOP in NY ($13M, 101 participants).
Which ESOP plans cover a similar participant headcount to Design Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mcfarland-Johnson, Inc. Employee Stock Ownership Plan in NY (156 participants, $17M 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 541232883.

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.