ESOP · DOL Form 5500 · 2022

Modern Electric Co. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
46
Participants Small participant base
44th
Percentile by assets National rank
$77,801
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#4,205
in Construction (9,927 peers)
+12.7%
assets growth YoY

Modern Electric Co. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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 $2,050,000,000 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

Modern Electric Co. 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. Modern Electric Co. Employee Stock Ownership Plan is a small filing (46 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 830214394 · Modern Electric Co. PY 2022 · ESOP

Modern Electric Co. Employee Stock Ownership Plan · $4M · 46 · 44th

  • TYPE $4M
  • TYPE 46
  • TYPE 44th
  • TYPE ESOP
  • TYPE near Thompson Masonry Contractor, Inc. ESOP
  • TYPE ind #4205

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 Wyoming →

Modern Electric Co. Employee Stock Ownership Plan in the asset neighbourhood

Modern Electric Co. Employee Stock Ownership PlanModern Electric Co. Employee…$4MThompson Masonry Contractor, Inc. ESOPThompson Masonry Contractor,…$4MReed Associates, Inc. Employee Stock Ownership PlanReed Associates, Inc. Employ…$4MMiers Insurance, Inc. Employee Stock Ownership PlanMiers Insurance, Inc. Employ…$4MCapital Fire Protection Co. Employee Stock Ownership PlanCapital Fire Protection Co. …$4M
End-of-year total assets ($M) among Modern Electric Co. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Modern Electric Co. multi-year asset trail

Sponsor-wide plan assets over time

All Modern Electric Co. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 80.61479474010248% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.58M $6.46M ▲ +80.4%
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 ($M) Participants Modern Electric Co. Employee Stock Ownership Plan, Total assets ($M): 3.578853 · Participants: 46Modern Electric Co. Employee Stock Ownership PlanBloedorn Lumber Co. & Subsidiaries ESOP, Total assets ($M): 30.628744 · Participants: 232Bloedorn Lumber Co. & Subsidiaries ESOPUnion Holding Corp. Employee Stock Ownership Plan, Total assets ($M): 12.825332 · Participants: 224Union Holding Corp. Employee Stock Ownership PlanHorizon Communications, Inc. Employee Stock Ownership Plan, Total assets ($M): 11.415606 · Participants: 102Horizon Communications, Inc. Employee Stock Ownership PlanMcgarvin-Moberly Employee Stock Ownership Plan, Total assets ($M): 5.974846 · Participants: 38Mcgarvin-Moberly Employee Stock Ownership PlanSundance State Bank Profit Sharing and Employee Stock Ownership Plan, Total assets ($M): 5.265062 · Participants: 28Sundance State Bank Profit Sharing and Employee Stock Ownership Plan
Modern Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Wyoming, assets vs. participants

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

Outside Wyoming, the nearest ESOP by assets is Thompson Masonry Contractor, Inc. ESOP in VA ($4M); by covered participants it is Etak Holdings, Inc. Employee Stock Ownership Plan in NC (46 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 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).
Which ESOP plans cover a similar participant headcount to Modern Electric Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Etak Holdings, Inc. Employee Stock Ownership Plan in NC (46 participants, N/A in assets).