ESOP · DOL Form 5500 · 2022
Metro Electric Co., Inc. ESOP
Data updated 2026-08-11
- $7M
- Total assets
- 62
- Participants
- 58th
- Percentile by assets
- $114,187
- Avg per participant
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.
- 58th percentile by assets (of 139,126 plans)
- #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.
- $7M
- total plan assets (2022 EOY)
- 62
- covered participants
- 58th
- percentile by assets (of 139,126 plans)
- $114,187
- avg assets per participant
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.
Rank #172 in Utilities
Among 738 Utilities plans that filed a Form 5500 for plan year 2022, Metro Electric Co., Inc. Employee Stock Ownership Plan ranks #172 by end-of-year assets - about 7584% of the sector average of $537M. Nationally it sits in the 58th percentile, a weaker position within its industry than across all filers.
Utilities filing particulars
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$1M |
| Employer EIN | 570639752 |
| Plan Effective Date | 2012-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Metro Electric Co., Inc.)
| 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
- Bonitz, Inc. Employee Stock Ownership Plan $48M · 397
- Al's Liquor Store Holdings, Inc. Employee Stock Ownership Plan $21M · 40
- Synergi Employee Stock Ownership Plan $15M · 242
- Employees Stock Ownership Plan of Emory Wilson Process, Inc. $14M · 53
- Oobe Holdings, Inc. Employee Stock Ownership Plan $13M · 34
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Metro Electric Co., Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Metro Electric Co., Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Metro Electric Co., Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in South Carolina. Compare plans
- Metro Electric Co., Inc.'s sponsor-wide assets have grown 4.9% since 2022 across 3 plan years on file. More Utilities plans