ESOP · DOL Form 5500 · 2023
Wm. F. Nelson Electric, Inc. ESOP
Data updated 2026-08-25
- N/A
- Total assets —
- 9
- Participants Small participant base
Official DOL plan name: William F. Nelson Electric, Inc. Employee Stock Ownership Plan · Sponsored by Wm. F. Nelson Electric, Inc. · Michigan · Construction
N/A in assets, 9 participants
Wm. F. Nelson Electric, Inc.'s William F. Nelson Electric, Inc. Employee Stock Ownership Plan reported N/A in total assets and 9 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
What the 2023 filing shows
William F. Nelson Electric, Inc. Employee Stock Ownership Plan holds N/A for 9 participants.
- -$1M
- reported net income
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
William F. Nelson Electric, Inc. Employee Stock Ownership Plan among micro filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. William F. Nelson Electric, Inc. Employee Stock Ownership Plan is a micro filing (9 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- William F. Nelson Electric, Inc. Employee Stock Ownership Plan reported net income fell from $9K in the plan year 2022 filing to -$1M in the plan year 2023 filing.
- William F. Nelson Electric, Inc. Employee Stock Ownership Plan reported participants fell from 10 in the plan year 2022 filing to 9 in the plan year 2023 filing.
DOL schedule card
Filing strip 382028566 · Wm. F. Nelson Electric, Inc. PY 2023 · ESOP
William F. Nelson Electric, Inc. Employee Stock Ownership Plan · N/A · 9
- PART N/A
- PART 9
- PART PY 2023
- PART ESOP
- PART near Highstar Industrial Technologies, Inc. Employee Stock Ownership Plan
- PART -$1M
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 Michigan →
Filing particulars (2023)
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$1M |
| Employer EIN | 382028566 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wm. F. Nelson Electric, Inc.)
Sponsor-wide plan assets over time
All Wm. F. Nelson Electric, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 10 | $1M |
| 2023 | 1 | 9 | N/A |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
William F. Nelson Electric, Inc. Employee Stock Ownership Plan's closest out-of-state ESOP peers by headcount
Outside Michigan, the nearest ESOP by covered participants is Highstar Industrial Technologies, Inc. Employee Stock Ownership Plan in VA (9 participants; this filing: 9 participants).
Similar participant headcount
Nearest other-state filings by covered participants (9 participants); asset peers above are excluded.
- Highstar Industrial Technologies, Inc. Employee Stock Ownership Plan (VA) 9 · 0 off
- Southern California Air Conditioning Supply Co., Inc. Employee Stock Ownership Plan and Trust (CA) 9 · 0 off
- Alaska Hand Rehabilitation, Inc. Employee Stock Ownership Plan and Trust (AK) 9 · 0 off
- Micro USA, Inc. Employee Stock Ownership Plan (CA) 9 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.