ESOP · DOL Form 5500 · 2022

Southeast Power Systems, Inc. ESOP

Data updated 2026-08-11

$15M
Total assets
51
Participants
73rd
Percentile by assets
$295,644
Avg per participant
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Official DOL plan name: Southeast Power Systems, Inc. Employee Stock Ownership Plan · Sponsored by Southeast Power Systems, Inc. · Florida · Other Services

$15M in assets, 51 participants

Southeast Power Systems, Inc.'s Southeast Power Systems, Inc. Employee Stock Ownership Plan reported $15M in total assets and 51 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 139,126 plans)
  • #7,094 in Other Services (8,398 peers)

2022 asset change

Southeast Power Systems, Inc. Employee Stock Ownership Plan declined sharply 19.1% in 2022 ($19M → $15M) for 51 participants.

$15M
total plan assets (2022 EOY)
51
covered participants
73rd
percentile by assets (of 139,126 plans)
$295,644
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

2022 asset move for Southeast Power Systems, Inc. Employee Stock Ownership Plan

Year over year, total assets declined sharply from $19M at the start of 2022 to $15M at year-end (down 19.1%). Net assets closed at $11M; reported net income -$3M.

Southeast Power Systems, Inc. years around the 2022 move

$-5M$0M$5M$10M$15M$20M 202220232024 $15.1M $0M ▼ -100.0%
Total plan assets by year, all Southeast Power Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 51 $15M
2023 1 40 $18K
2024 1 40 N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$11M
Net Income-$3M
Employer EIN590814095
Plan Effective Date1983-09-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Florida

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

Southeast Power Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Southeast Power Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Southeast Power Syst…Publix Super Markets…Raymond James Financ…Thirty Fifteen Emplo…Rsr Employee Stock O…Team Horner Employee…
Southeast Power Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Southeast Power Systems, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Southeast Power Systems, Inc. Employee Stock Ownership Plan assets move in 2022?
Southeast Power Systems, Inc. Employee Stock Ownership Plan declined sharply - down 19.1% during 2022, from $19M to $15M. Reported net income was -$3M.
Which ESOP plans are similar in size to Southeast Power Systems, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Western Idaho Cabinets, Inc. Employee Stock Ownership Plan and Trust in ID ($15M, 107 participants).

Next read for Southeast Power Systems, Inc. Employee S…

2022 change

Ways to act on Southeast Power Systems, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Southeast Power Systems, 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 Florida. Compare plans