ESOP · DOL Form 5500 · 2022

Cannon & Wendt Electric Co., Inc. ESOP

Data updated 2026-08-06

$68M
Total assets
360
Participants
90th
Percentile by assets
$189,626
Avg per participant
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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.

  • 90th percentile by assets (of 139,258 plans)
  • #8,826 in Construction (9,938 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.

$68M
total plan assets (2022 EOY)
360
covered participants
90th
percentile by assets (of 139,258 plans)
$189,626
avg assets per participant
State
Industry

Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust vs the 2022 asset distribution

By assets, Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust outranks 90% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (730 average participants).

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.)

$60M$80M$100M$120M 202220232024 $70.4M $112M ▲ +58.5%
Total plan assets by year, all Cannon & Wendt Electric Co., Inc. plans on file
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

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 Elect…The Sundt Companies …U-Haul Holding Compa…Spencer's Air Condit…Pima Medical Institu…Rvr Employee Stock O…
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Arizona, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

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 139,258 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).

Next read for Cannon & Wendt Electric Co., Inc. Employ…

Scale reading

Ways to act on Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust's numbers.

  • By total assets, Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Arizona. Compare plans
  • Cannon & Wendt Electric Co., Inc.'s sponsor-wide assets have grown 58.5% since 2022 across 3 plan years on file. More Construction plans