ESOP · DOL Form 5500 · 2022

Recore Electrical Contractors, Inc. ESOP

Data updated 2026-08-25

$20M
Total assets Small plan by assets
115
Participants Small participant base
78th
Percentile by assets National rank
$177,352
Avg per participant Above avg balance/head
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Official DOL plan name: Recore Employee Stock Ownership Plan · Sponsored by Recore Electrical Contractors, Inc. · North Carolina · Construction

$20M in assets, 115 participants

Recore Electrical Contractors, Inc.'s Recore Employee Stock Ownership Plan reported $20M in total assets and 115 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #7,637 in Construction (9,927 peers)

Coverage in North Carolina

Recore Employee Stock Ownership Plan covers 115 participants in North Carolina, about 14% of the average North Carolina filer (state average ~819 per filing). Assets: $20M.

#7,637
in Construction (9,927 peers)
+200.6%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Recore Employee Stock Ownership Plan's outsized position by total assets

Recore Employee Stock Ownership Plan vs every filed plan by assets

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

$20,395,500 Top 22% higher than 78% 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

Recore 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. Recore Employee Stock Ownership Plan sits mid-pack in the medium band (115 participants).

Published 5500 schedule card

Filing strip 561373085 · Recore Electrical Contractors, Inc. PY 2022 · ESOP

Recore Employee Stock Ownership Plan · $20M · 115 · 78th

  • EOY $20M
  • 5500 115
  • ASSETS 78th
  • PCT ESOP
  • EIN near Technical Builders, Inc. Employee Stock Ownership Plan
  • RANK ind #7637

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 North Carolina →

Recore Employee Stock Ownership Plan in the asset neighbourhood

Ats ESOP Holdings, Inc. Employee Stock Ownership PlanAts ESOP Holdings, Inc. Empl…$20MTechnical Builders, Inc. Employee Stock Ownership PlanTechnical Builders, Inc. Emp…$20MRecore Employee Stock Ownership PlanRecore Employee Stock Owners…$20MCommercial Sheetmetal Co., Inc. Employee Stock Ownership PlanCommercial Sheetmetal Co., I…$20MMidwest Mole, Inc. Employee Stock Ownership Plan and Trust AgreementMidwest Mole, Inc. Employee …$20M
End-of-year total assets ($M) among Recore Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$18M
Net Income$14M
Employer EIN561373085
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Recore Electrical Contractors, Inc.)

Sponsor-wide plan assets over time

All Recore Electrical Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$109M 434.18891422127433% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $20.4M $109M ▲ +434.1%
Year Plans Participants Total Assets
2022 1 115 $20M
2023 1 121 $61M
2024 1 140 $109M

Nearby ESOP Plans in North Carolina

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

Recore Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -0.500.511.52 Total assets ($B) Participants Recore Employee Stock Ownership Plan, Total assets ($B): 0.0203955 · Participants: 115Recore Employee Stock Ownership PlanOld Dominion 401(k) Retirement Plan, Total assets ($B): 1.794370156 · Participants: 24080Old Dominion 401(k) Retirement PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.183667115 · Participants: 1322Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.082312735 · Participants: 147State Utility Contractors, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.077703602 · Participants: 250Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanMckim & Creed, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.071758417 · Participants: 790Mckim & Creed, Inc. Employee Stock Ownership Plan
Recore Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Recore Employee Stock Ownership Plan side-by-side with 3 peers →

Recore Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Technical Builders, Inc. Employee Stock Ownership Plan in CA ($20M); by covered participants it is Rose & Kiernan Emp Stock Ownership Pl & Tr in NY (115 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Recore Employee Stock Ownership Plan assets move in 2022? ▼
Recore Employee Stock Ownership Plan surged - up 200.6% during 2022, from $7M to $20M. Reported net income was $14M.
How have Recore Electrical Contractors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Recore Electrical Contractors, Inc.'s sponsor-wide assets grew 434.2%, from $20M to $109M.
Where does Recore Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Recore Employee Stock Ownership Plan ranks in the 78th 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 Recore Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Technical Builders, Inc. Employee Stock Ownership Plan in CA ($20M, 30 participants).
Which ESOP plans cover a similar participant headcount to Recore Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Rose & Kiernan Emp Stock Ownership Pl & Tr in NY (115 participants, N/A 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 561373085.

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.