ESOP · DOL Form 5500 · 2022

Metro Electric Co., Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
62
Participants Small participant base
58th
Percentile by assets National rank
$114,187
Avg per participant Below avg balance/head
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Official DOL plan name: Metro Electric Co., Inc. Employee Stock Ownership Plan · Sponsored by Metro Electric Co., Inc. · South Carolina · Utilities

$7M in assets, 62 participants

Metro Electric Co., Inc.'s Metro Electric Co., Inc. Employee Stock Ownership Plan reported $7M in total assets and 62 participants in its 2022 DOL Form 5500 filing, ranking in the 58th 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.

  • #172 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Metro Electric Co., Inc. Employee Stock Ownership Plan ranks #172 of 738 2022 filers by assets (7584% of the sector average)-$7M for 62 participants.

#172
in Utilities (738 peers)
-13.7%
assets change YoY

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.

Metro Electric Co., Inc. Employee Stock Ownership Plan's mid-pack asset rank among Utilities and all filers

Metro Electric Co., Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$7,079,610 Top 42% higher than 58% 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

Metro Electric Co., Inc. 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. Metro Electric Co., Inc. Employee Stock Ownership Plan is a small filing (62 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 570639752 · Metro Electric Co., Inc. PY 2022 · ESOP

Metro Electric Co., Inc. Employee Stock Ownership Plan · $7M · 62 · 58th

  • IND $7M
  • EOY 62
  • 5500 58th
  • ASSETS ESOP
  • PCT near Dekra-Lite Industries, Inc. Employee Stock Ownership Plan
  • EIN ind #172

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 South Carolina →

Metro Electric Co., Inc. Employee Stock Ownership Plan in the asset neighbourhood

Metro Electric Co., Inc. Employee Stock Ownership PlanMetro Electric Co., Inc. Emp…$7MDekra-Lite Industries, Inc. Employee Stock Ownership PlanDekra-Lite Industries, Inc. …$7MC & N Sales Company Employee Stock Ownership Plan and TrustC & N Sales Company Employee…$7MTex-Oma Builders Supply Company Employee Stock Ownership PlanTex-Oma Builders Supply Comp…$7MDe Anza Tile Employee Stock Ownership PlanDe Anza Tile Employee Stock …$7M
End-of-year total assets ($M) among Metro Electric Co., Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$4M
Net Income-$1M
Employer EIN570639752
Plan Effective Date2012-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metro Electric Co., Inc.)

Sponsor-wide plan assets over time

All Metro Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 4.901399935872173% vs 2022
2024 filing year
$7M$7.2M$7.4M$7.6M 202220232024 $7.08M $7.43M ▲ +4.9%
Year Plans Participants Total Assets
2022 1 62 $7M
2023 1 63 $7M
2024 1 60 $7M

Nearby ESOP Plans in South Carolina

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

Metro Electric Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 0100200300400500 01020304050 Total assets ($M) Participants Metro Electric Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 7.07961 · Participants: 62Metro Electric Co., Inc. Employee Stock Ownership PlanBonitz, Inc. Employee Stock Ownership Plan, Total assets ($M): 47.562592 · Participants: 397Bonitz, Inc. Employee Stock Ownership PlanAl's Liquor Store Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 20.970729 · Participants: 40Al's Liquor Store Holdings, Inc. Employee Stock Ownership PlanSynergi Employee Stock Ownership Plan, Total assets ($M): 15.319 · Participants: 242Synergi Employee Stock Ownership PlanEmployees Stock Ownership Plan of Emory Wilson Process, Inc., Total assets ($M): 13.911741 · Participants: 53Employees Stock Ownership Plan of Emory Wilson Process, Inc.Oobe Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 12.792 · Participants: 34Oobe Holdings, Inc. Employee Stock Ownership Plan
Metro Electric Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants
Compare Metro Electric Co., Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside South Carolina, the nearest ESOP by assets is Dekra-Lite Industries, Inc. Employee Stock Ownership Plan in CA ($7M); by covered participants it is Mainely Tubs Employee Stock Ownership Plan in ME (62 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (62 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 Metro Electric Co., Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Metro Electric Co., Inc. Employee Stock Ownership Plan pulled back noticeably - down 13.7% during 2022, from $8M to $7M. Reported net income was -$1M.
How have Metro Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metro Electric Co., Inc.'s sponsor-wide assets grew 4.9%, from $7M to $7M.
Which ESOP plans are similar in size to Metro Electric Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Dekra-Lite Industries, Inc. Employee Stock Ownership Plan in CA ($7M, 36 participants).
Which ESOP plans cover a similar participant headcount to Metro Electric Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mainely Tubs Employee Stock Ownership Plan in ME (62 participants, $40M 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 570639752.

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.