ESOP · DOL Form 5500 · 2022

Mike Brown Electric Co. ESOP

Data updated 2026-08-11

$24M
Total assets
22
Participants
80th
Percentile by assets
$1.1M
Avg per participant
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Official DOL plan name: Mike Brown Electric Co. Employee Stock Ownership Plan · Sponsored by Mike Brown Electric Co. · California · Construction

$24M in assets, 22 participants

Mike Brown Electric Co.'s Mike Brown Electric Co. Employee Stock Ownership Plan reported $24M in total assets and 22 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 139,126 plans)
  • #7,826 in Construction (9,927 peers)

Where Mike Brown Electric Co. Employee Stock Ownership Plan sits by assets

Mike Brown Electric Co. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $24M for 22 participants (~$1.1M/participant), down 11.9% in 2022.

$24M
total plan assets (2022 EOY)
22
covered participants
80th
percentile by assets (of 139,126 plans)
$1.1M
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Mike Brown Electric Co. Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, Mike Brown Electric Co. Employee Stock Ownership Plan outranks 80% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$24M
Net Income-$3M
Employer EIN680320151
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mike Brown Electric Co.)

$20M$25M$30M$35M$40M 202220232024 $23.7M $34.4M ▲ +45.2%
Total plan assets by year, all Mike Brown Electric Co. plans on file
Year Plans Participants Total Assets
2022 1 22 $24M
2023 1 19 $37M
2024 1 21 $34M

Nearby ESOP Plans in California

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

Mike Brown Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Mike Brown Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Mike Brown Electric …Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Recology Employee St…Agron, Inc. Employee…
Mike Brown Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Mike Brown Electric Co. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Mike Brown Electric Co. Employee Stock Ownership Plan assets move in 2022?
Mike Brown Electric Co. Employee Stock Ownership Plan pulled back noticeably - down 11.9% during 2022, from $27M to $24M. Reported net income was -$3M.
How have Mike Brown Electric Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mike Brown Electric Co.'s sponsor-wide assets grew 45.2%, from $24M to $34M.
Where does Mike Brown Electric Co. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Mike Brown Electric Co. Employee Stock Ownership Plan ranks in the 80th 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 Mike Brown Electric Co. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Laurits R. Christensen Associates Employee Stock Ownership Plan in WI ($24M, 44 participants).

Next read for Mike Brown Electric Co. Employee Stock O…

Scale reading

Ways to act on Mike Brown Electric Co. Employee Stock Ownership Plan's numbers.

  • By total assets, Mike Brown Electric Co. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
  • Mike Brown Electric Co.'s sponsor-wide assets have grown 45.2% since 2022 across 3 plan years on file. More Construction plans