ESOP · DOL Form 5500 · 2023

Device Engineering Incorporated ESOP

Data updated 2026-08-11

$24M
Total assets: 29
Participants: 76th
Percentile by assets: $814,254
Avg per participant

Official DOL plan name: Device Engineering Incorporated Employee Stock Ownership Plan · Sponsored by Device Engineering Incorporated · Arizona · Manufacturing

$24M in assets, 29 participants

Device Engineering Incorporated's Device Engineering Incorporated Employee Stock Ownership Plan reported $24M in total assets and 29 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

76th percentile by assets (of 127,072 plans)
#12,398 in Manufacturing (18,722 peers)

Where Device Engineering Incorporated Employee Stock Ownership Plan sits by assets

Device Engineering Incorporated Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $24M for 29 participants (~$814,254/participant), up 53.7% in 2023.

$24M
total plan assets (2023 EOY): 29
covered participants: 76th
percentile by assets (of 127,072 plans): $814,254
avg assets per participant

Device Engineering Incorporated Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $7M in the plan year 2023 filing.
Device Engineering Incorporated Employee Stock Ownership Plan end-of-year assets rose from $15M in the plan year 2022 filing to $24M in the plan year 2023 filing.
Device Engineering Incorporated Employee Stock Ownership Plan reported participants rose from 27 in the plan year 2022 filing to 29 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Arizona

Industry

Manufacturing

Device Engineering Incorporated Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Device Engineering Incorporated Employee Stock Ownership Plan outranks 76% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$15M
Net Assets (End of Year)	$20M
Net Income	$7M
Employer EIN	860658914
Plan Effective Date	2010-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Device Engineering Incorporated)

Total plan assets by year, all Device Engineering Incorporated plans on file

Year	Plans	Participants	Total Assets
2022	1	27	$15M
2023	1	29	$24M
2024	1	30	$29M

Nearby ESOP Plans in Arizona

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

Device Engineering Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

The Sundt Companies Employee Stock Ownership Plan $1.1B · 2,392
U-Haul Holding Company Employee Stock Ownership Plan $619M · 19,740
Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan $313M · 253
Pima Medical Institute Employee Stock Ownership Plan $216M · 1,057
Wilson Electric Services Corp. Employee Stock Ownership Plan $167M · 726

Compare Device Engineering Incorporated Employee… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Device Engineering Incorporated Employee Stock Ownership Plan by total assets, not by location.

Nelco Products, Inc. Employee Stock Ownership Plan (MA) $24M · 37
Midwest Drywall Employee Stock Ownership Plan (KS) $24M · 56
Ect Employee Stock Ownership Plan (FL) $24M · 161
North States Industries, Inc. Employee Stock Ownership Plan (MN) $24M · 114

Frequently Asked Questions

How did Device Engineering Incorporated Employee Stock Ownership Plan assets move in 2023? ▼

Device Engineering Incorporated Employee Stock Ownership Plan surged - up 53.7% during 2023, from $15M to $24M. Reported net income was $7M.

How have Device Engineering Incorporated plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Device Engineering Incorporated's sponsor-wide assets grew 89.7%, from $15M to $29M.

Where does Device Engineering Incorporated Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Device Engineering Incorporated Employee Stock Ownership Plan ranks in the 76th 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 Device Engineering Incorporated Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Nelco Products, Inc. Employee Stock Ownership Plan in MA ($24M, 37 participants).

Next read for Device Engineering Incorporated Employee…

Scale reading

Ways to act on Device Engineering Incorporated Employee Stock Ownership Plan's numbers.

By total assets, Device Engineering Incorporated Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Arizona. Compare plans
Device Engineering Incorporated's sponsor-wide assets have grown 89.7% since 2022 across 3 plan years on file. More Manufacturing 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 860658914.