ESOP · DOL Form 5500 · 2022

Gruendl, Inc. ESOP

Data updated 2026-08-25

$901K
Total assets Small plan by assets
18
Participants Small participant base
24th
Percentile by assets National rank
$50,032
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ray's Electric Employee Stock Ownership Plan · Sponsored by Gruendl, Inc. · California · Construction

$901K in assets, 18 participants

Gruendl, Inc.'s Ray's Electric Employee Stock Ownership Plan reported $901K in total assets and 18 participants in its 2022 DOL Form 5500 filing, ranking in the 24th 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.

  • #2,106 in Construction (9,927 peers)

What the 2022 filing shows

Ray's Electric Employee Stock Ownership Plan holds $901K for 18 participants - about $50,032 per participant, among the smaller plans by assets on file.

#2,106
in Construction (9,927 peers)
-$3M
reported net income

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.

Ray's Electric Employee Stock Ownership Plan among the smaller filed plans by assets

Ray's Electric Employee Stock Ownership Plan vs every filed plan by assets

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

$900,575 24th percentile higher than 24% 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

Ray's Electric Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ray's Electric Employee Stock Ownership Plan is a small filing (18 participants) on this national headcount ladder.

DOL schedule card

Filing strip 943106593 · Gruendl, Inc. PY 2022 · ESOP

Ray's Electric Employee Stock Ownership Plan · $901K · 18 · 24th

  • 5500 $901K
  • 5500 18
  • 5500 24th
  • 5500 ESOP
  • 5500 near Lvl Engineering Group, Inc. Employee Stock Ownership Plan
  • 5500 ind #2106

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 California →

Ray's Electric Employee Stock Ownership Plan in the asset neighbourhood

Ray's Electric Employee Stock Ownership PlanRay's Electric Employee Stoc…$901KLvl Engineering Group, Inc. Employee Stock Ownership PlanLvl Engineering Group, Inc. …$900KThe Capital Management Corporation Employee Stock Ownership PlanThe Capital Management Corpo…$900KWellington House, Inc. Employee Stock Ownership Plan & TrustWellington House, Inc. Emplo…$900KHeb Engineers, Inc. Employee Stock Ownership PlanHeb Engineers, Inc. Employee…$902K
End-of-year total assets ($M) among Ray's Electric Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$3M
Net Income-$3M
Employer EIN943106593
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gruendl, Inc.)

Sponsor-wide plan assets over time

All Gruendl, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$986K 9.529356244621493% vs 2022
2024 filing year
$0.7M$0.8M$0.9M$1M$1.1M 202220232024 $0.9M $0.99M ▲ +10.0%
Year Plans Participants Total Assets
2022 1 18 $901K
2023 1 18 $814K
2024 1 17 $986K

Nearby ESOP Plans in California

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

Ray's Electric Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Ray's Electric Employee Stock Ownership Plan, Total assets ($B): 0.000900575 · Participants: 18Ray's Electric Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 2.949816013 · Participants: 7804Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.217969943 · Participants: 1318Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.994551911 · Participants: 1488Rosendin Electric, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.462005591 · Participants: 3560Recology Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.455961299 · Participants: 70Agron, Inc. Employee Stock Ownership Plan
Ray's Electric Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Ray's Electric Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Lvl Engineering Group, Inc. Employee Stock Ownership Plan in PA ($900K); by covered participants it is North Penn Telephone Company Employee Stock Ownership Plan in NY (18 participants). Same-state nearby plans are listed separately above.

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 have Gruendl, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gruendl, Inc.'s sponsor-wide assets grew 9.5%, from $901K to $986K.
Where does Ray's Electric Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Ray's Electric Employee Stock Ownership Plan ranks in the 24th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Ray's Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lvl Engineering Group, Inc. Employee Stock Ownership Plan in PA ($900K, 21 participants).
Which ESOP plans cover a similar participant headcount to Ray's Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is North Penn Telephone Company Employee Stock Ownership Plan in NY (18 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 943106593.

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.