ESOP · DOL Form 5500 · 2022

Modern Electric Co. ESOP

Data updated 2026-08-11

$4M
Total assets
46
Participants
44th
Percentile by assets
$77,801
Avg per participant
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Official DOL plan name: Modern Electric Co. Employee Stock Ownership Plan · Sponsored by Modern Electric Co. · Wyoming · Construction

$4M in assets, 46 participants

Modern Electric Co.'s Modern Electric Co. Employee Stock Ownership Plan reported $4M in total assets and 46 participants in its 2022 DOL Form 5500 filing, ranking in the 44th 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.

  • 44th percentile by assets (of 139,126 plans)
  • #4,205 in Construction (9,927 peers)

Modern Electric Co. multi-year trail

Modern Electric Co.'s plans moved +80.6% in assets from 2022 to 2024; this filing shows Modern Electric Co. Employee Stock Ownership Plan at $4M / 46 participants.

$4M
total plan assets (2022 EOY)
46
covered participants
44th
percentile by assets (of 139,126 plans)
$77,801
avg assets per participant

Where Modern Electric Co. Employee Stock Ownership Plan sits by total assets

Modern Electric Co. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,578,853 44th percentile higher than 44% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Modern Electric Co. across 3 plan years on file

Across the 3 plan years Modern Electric Co. has on file (2022-2024), sponsor-wide plan assets have moved from $4M to $6M, a gain of 80.6%, while reported participants moved from 46 to 47 (+2.2%). Peak year by sponsor assets: 2024 ($6M); trough: 2022 ($4M).

Modern Electric Co. multi-year asset trail

$3M$4M$5M$6M$7M 202220232024 $3.58M $6.46M ▲ +80.4%
Total plan assets by year, all Modern Electric Co. plans on file
Year Plans Participants Total Assets
2022 1 46 $4M
2023 1 50 $5M
2024 1 47 $6M

Modern Electric Co. filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$369K
Employer EIN830214394
Plan Effective Date2015-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Wyoming

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

Modern Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Wyoming, assets vs. participants Scatter plot of 6 data points. 050100150200250 010203040 Total assets ($M) Participants Modern Electric Co. …, Total assets ($M): 3.578853 · Participants: 46Modern Electric Co. …Bloedorn Lumber Co. …, Total assets ($M): 30.628744 · Participants: 232Bloedorn Lumber Co. …Union Holding Corp. …, Total assets ($M): 12.825332 · Participants: 224Union Holding Corp. …Horizon Communicatio…, Total assets ($M): 11.415606 · Participants: 102Horizon Communicatio…Mcgarvin-Moberly Emp…, Total assets ($M): 5.974846 · Participants: 38Mcgarvin-Moberly Emp…Sundance State Bank …, Total assets ($M): 5.265062 · Participants: 28Sundance State Bank …
Modern Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Wyoming, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Modern Electric Co. Employee Stock Ownership Plan assets move in 2022?
Modern Electric Co. Employee Stock Ownership Plan grew at a solid clip - up 12.7% during 2022, from $3M to $4M. Reported net income was $369K.
How have Modern Electric Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Modern Electric Co.'s sponsor-wide assets grew 80.6%, from $4M to $6M.
Which ESOP plans are similar in size to Modern Electric Co. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Thompson Masonry Contractor, Inc. ESOP in VA ($4M, 38 participants).

Next read for Modern Electric Co. Employee Stock Owner…

Multi-year trail

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

  • By total assets, Modern Electric Co. Employee Stock Ownership Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Wyoming. Compare plans
  • Modern Electric Co.'s sponsor-wide assets have grown 80.6% since 2022 across 3 plan years on file. More Construction plans