ESOP · DOL Form 5500 · 2022

Cannon & Wendt Electric Co., Inc. ESOP

Data updated 2026-08-25

$68M
Total assets Below avg plan size
360
Participants Below avg headcount
90th
Percentile by assets National rank
$189,626
Avg per participant Above avg balance/head
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Official DOL plan name: Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust · Sponsored by Cannon & Wendt Electric Co., Inc. · Arizona · Construction

$68M in assets, 360 participants

Cannon & Wendt Electric Co., Inc.'s Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust reported $68M in total assets and 360 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,815 in Construction (9,927 peers)

Where Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust sits by assets

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust sits in the top 10% of all filed plans by assets, $68M for 360 participants (~$189,626/participant), up 29.3% in 2022.

#8,815
in Construction (9,927 peers)
+29.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$68,265,534 Top 10% higher than 90% 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

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust 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. Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (360 participants).

EBSA filing schedule strip

Filing strip 860141198 · Cannon & Wendt Electric Co., Inc. PY 2022 · ESOP

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust · $68M · 360 · 90th

  • PHOTO $68M
  • PHOTO 360
  • PHOTO 90th
  • PHOTO ESOP
  • PHOTO near Filmrise, Inc. Employee Stock Ownership Plan
  • PHOTO ind #8815

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 Arizona →

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Ownersedge Employee Stock Ownership PlanOwnersedge Employee Stock Ow…$69MFcl Holdings, Inc. Employee Stock Ownership PlanFcl Holdings, Inc. Employee …$69MFilmrise, Inc. Employee Stock Ownership PlanFilmrise, Inc. Employee Stoc…$68MCannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and TrustCannon & Wendt Electric Co.,…$68MMid-Hudson Cablevision Holdings, Inc Employee Stock Ownership PlanMid-Hudson Cablevision Holdi…$68M
End-of-year total assets ($M) among Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$68M
Net Income$15M
Employer EIN860141198
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cannon & Wendt Electric Co., Inc.)

Sponsor-wide plan assets over time

All Cannon & Wendt Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$112M 58.4643783624909% vs 2022
2024 filing year
$60M$80M$100M$120M 202220232024 $70.4M $112M ▲ +58.5%
Year Plans Participants Total Assets
2022 2 735 $70M
2023 1 396 $82M
2024 1 499 $112M

Nearby ESOP Plans in Arizona

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

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 0200400600800 Total assets ($M) Participants Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 68.265534 · Participants: 360Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and TrustThe Sundt Companies Employee Stock Ownership Plan, Total assets ($M): 653.823941 · Participants: 1879The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($M): 498.168071 · Participants: 18179U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($M): 309.035135 · Participants: 235Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($M): 190.288581 · Participants: 1362Pima Medical Institute Employee Stock Ownership PlanRvr Employee Stock Ownership Plan, Total assets ($M): 144.534583 · Participants: 139Rvr Employee Stock Ownership Plan
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Arizona, the nearest ESOP by assets is Filmrise, Inc. Employee Stock Ownership Plan in NY ($68M); by covered participants it is Minnwest Corporation Employee Stock Ownership Plan in MN (360 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (360 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 Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust assets move in 2022? ▼
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust grew sharply - up 29.3% during 2022, from $53M to $68M. Reported net income was $15M.
How have Cannon & Wendt Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cannon & Wendt Electric Co., Inc.'s sponsor-wide assets grew 58.5%, from $70M to $112M.
Where does Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Filmrise, Inc. Employee Stock Ownership Plan in NY ($68M, 86 participants).
Which ESOP plans cover a similar participant headcount to Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Minnwest Corporation Employee Stock Ownership Plan in MN (360 participants, $4M 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 860141198.

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.