ESOP · DOL Form 5500 · 2022

Design Electric, Inc. ESOP

Data updated 2026-08-11

$13M
Total assets
156
Participants
70th
Percentile by assets
$81,250
Avg per participant
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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.

  • 70th percentile by assets (of 139,126 plans)
  • #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.

$13M
total plan assets (2022 EOY)
156
covered participants
70th
percentile by assets (of 139,126 plans)
$81,250
avg assets per participant

Where Design Electric, Inc. Employee Stock Ownership Plan sits 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 $2,010,000,000 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

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Design Electric, Inc. Employee Stock Ownership Plan reports 156 participants - about 20% of that state average ($13M EOY assets).

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.)

$16M$18M$20M$22M$24M 202220232024 $18.4M $23.5M ▲ +27.5%
Total plan assets by year, all Design Electric, Inc. plans on file
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

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…Nvr, Inc. Employee S…The Resorts Companie…American Systems Cor…New River Electrical…Davis H. Elliot Comp…
Design Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

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).

Next read for Design Electric, Inc. Employee Stock Own…

Filing takeaways

Ways to act on Design Electric, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Design Electric, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
  • Design Electric, Inc.'s sponsor-wide assets have grown 27.5% since 2022 across 3 plan years on file. More Construction plans