ESOP · DOL Form 5500 · 2023

S.P.E.P. Acquisition Corp. ESOP

Data updated 2026-08-11

$106M
Total assets: 84
Participants: 92nd
Percentile by assets: $1.3M
Avg per participant

Official DOL plan name: Sierra Pacific Engineering & Products Employee Stock Ownership Plan · Sponsored by S.P.E.P. Acquisition Corp. · California · Wholesale Trade

$106M in assets, 84 participants

S.P.E.P. Acquisition Corp.'s Sierra Pacific Engineering & Products Employee Stock Ownership Plan reported $106M in total assets and 84 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#5,885 in Wholesale Trade (6,309 peers)

Where Sierra Pacific Engineering & Products Employee Stock Ownership Plan sits by assets

Sierra Pacific Engineering & Products Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $106M for 84 participants (~$1.3M/participant), up 24.5% in 2023.

$106M
total plan assets (2023 EOY): 84
covered participants: 92nd
percentile by assets (of 127,072 plans): $1.3M
avg assets per participant

Sierra Pacific Engineering & Products Employee Stock Ownership Plan reported net income rose from $12M in the plan year 2022 filing to $21M in the plan year 2023 filing.
Sierra Pacific Engineering & Products Employee Stock Ownership Plan end-of-year assets rose from $86M in the plan year 2022 filing to $106M in the plan year 2023 filing.
Sierra Pacific Engineering & Products Employee Stock Ownership Plan reported participants rose from 79 in the plan year 2022 filing to 84 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Wholesale Trade

Sierra Pacific Engineering & Products Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Sierra Pacific Engineering & Products Employee Stock Ownership Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$86M
Net Assets (End of Year)	$103M
Net Income	$21M
Employer EIN	330596868
Plan Effective Date	2005-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (S.P.E.P. Acquisition Corp.)

Total plan assets by year, all S.P.E.P. Acquisition Corp. plans on file

Year	Plans	Participants	Total Assets
2022	1	79	$86M
2023	1	84	$106M
2024	1	94	$117M

Nearby ESOP Plans in California

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

Sierra Pacific Engineering & Products Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Parsons Employee Stock Ownership Plan $3.8B · 7,871
Acco Employee Stock Ownership Plan $1.4B · 1,397
Rosendin Electric, Inc. Employee Stock Ownership Plan $1.1B · 1,700
Agron, Inc. Employee Stock Ownership Plan $533M · 72
Recology Employee Stock Ownership Plan $497M · 3,656

Compare Sierra Pacific Engineering & Products Em… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Sierra Pacific Engineering & Products Employee Stock Ownership Plan by total assets, not by location.

Amboy Bancorporation Employee Stock Ownership Plan (NJ) $107M · 193
Fairway Independent Mortgage Corporation Employee Stock Ownership (WI) $107M · 7,128
Hercules Industries, Inc. Employee Stock Ownership Plan (CO) $106M · 444
Pinnacle Solutions, Inc. Employee Stock Ownership Plan (AL) $107M · 293

Frequently Asked Questions

How did Sierra Pacific Engineering & Products Employee Stock Ownership Plan assets move in 2023? ▼

Sierra Pacific Engineering & Products Employee Stock Ownership Plan grew sharply - up 24.5% during 2023, from $86M to $106M. Reported net income was $21M.

How have S.P.E.P. Acquisition Corp. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), S.P.E.P. Acquisition Corp.'s sponsor-wide assets grew 36.4%, from $86M to $117M.

Where does Sierra Pacific Engineering & Products Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Sierra Pacific Engineering & Products Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to Sierra Pacific Engineering & Products Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Amboy Bancorporation Employee Stock Ownership Plan in NJ ($107M, 193 participants).

Next read for Sierra Pacific Engineering & Products Em…

Scale reading

Ways to act on Sierra Pacific Engineering & Products Employee Stock Ownership Plan's numbers.

By total assets, Sierra Pacific Engineering & Products Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
S.P.E.P. Acquisition Corp.'s sponsor-wide assets have grown 36.4% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 330596868.