ESOP · DOL Form 5500 · 2023

Anderson Electric, Inc. ESOP

Data updated 2026-08-25

$55M
Total assets Below avg plan size
20
Participants Small participant base
86th
Percentile by assets National rank
$2.7M
Avg per participant High balance/head
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Official DOL plan name: Anderson Electric, Inc. ESOP · Sponsored by Anderson Electric, Inc. · Illinois · Construction

$55M in assets, 20 participants

Anderson Electric, Inc.'s Anderson Electric, Inc. ESOP reported $55M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,613 in Construction (9,030 peers)

Where Anderson Electric, Inc. ESOP sits by assets

Anderson Electric, Inc. ESOP sits in the top quartile of all filed plans by assets, $55M for 20 participants (~$2.7M/participant), up 15.6% in 2023.

#7,613
in Construction (9,030 peers)
+15.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Anderson Electric, Inc. ESOP's outsized position by total assets

Anderson Electric, Inc. ESOP vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$54,979,320 Top 14% higher than 86% of 127,068 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 2023

Anderson Electric, Inc. ESOP among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Anderson Electric, Inc. ESOP is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Anderson Electric, Inc. ESOP end-of-year assets rose from $48M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Anderson Electric, Inc. ESOP reported participants rose from 19 in the plan year 2022 filing to 20 in the plan year 2023 filing.
  • Anderson Electric, Inc. ESOP reported net income rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 370690803 · Anderson Electric, Inc. PY 2023 · ESOP

Anderson Electric, Inc. ESOP · $55M · 20 · 86th

  • 5500 $55M
  • ASSETS 20
  • PCT 86th
  • EIN ESOP
  • RANK near Viking Drill & Tool, Inc. Employee Stock Ownership Plan
  • PHOTO ind #7613

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 Illinois →

Anderson Electric, Inc. ESOP in the asset neighbourhood

Hills Bank and Trust Employee Stock Ownership PlanHills Bank and Trust Employe…$55MAvion Solutions, Inc. Employee Stock Ownership PlanAvion Solutions, Inc. Employ…$55MViking Drill & Tool, Inc. Employee Stock Ownership PlanViking Drill & Tool, Inc. Em…$55MAnderson Electric, Inc. ESOP$55MMillstone Weber Employee Stock Ownership PlanMillstone Weber Employee Sto…$55M
End-of-year total assets ($M) among Anderson Electric, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$54M
Net Income$8M
Employer EIN370690803
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Anderson Electric, Inc.)

Sponsor-wide plan assets over time

All Anderson Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 34.04770077165024% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $50M $67M ▲ +34.1%
Year Plans Participants Total Assets
2022 2 40 $50M
2023 2 40 $58M
2024 2 39 $67M

Nearby ESOP Plans in Illinois

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

Anderson Electric, Inc. ESOP vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Anderson Electric, Inc. ESOP, Total assets ($B): 0.05497932 · Participants: 20Anderson Electric, Inc. ESOPAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Anderson Electric, Inc. ESOP vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Anderson Electric, Inc. ESOP side-by-side with 3 peers →

Anderson Electric, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Viking Drill & Tool, Inc. Employee Stock Ownership Plan in MN ($55M); by covered participants it is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Anderson Electric, Inc. ESOP assets move in 2023? ▼
Anderson Electric, Inc. ESOP grew sharply - up 15.6% during 2023, from $48M to $55M. Reported net income was $8M.
How have Anderson Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Anderson Electric, Inc.'s sponsor-wide assets grew 34.0%, from $50M to $67M.
Where does Anderson Electric, Inc. ESOP rank by assets among Form 5500 filers? ▼
Anderson Electric, Inc. ESOP ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Anderson Electric, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Viking Drill & Tool, Inc. Employee Stock Ownership Plan in MN ($55M, 265 participants).
Which ESOP plans cover a similar participant headcount to Anderson Electric, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 370690803.

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.