ESOP · DOL Form 5500 · 2023

Sun-Star Electric, Inc. ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
44
Participants Small participant base
58th
Percentile by assets National rank
$225,113
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sun-Star Electric, Inc. Employee Stock Ownership Plan · Sponsored by Sun-Star Electric, Inc. · Texas · Manufacturing

$10M in assets, 44 participants

Sun-Star Electric, Inc.'s Sun-Star Electric, Inc. Employee Stock Ownership Plan reported $10M in total assets and 44 participants in its 2023 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.

  • #8,340 in Manufacturing (18,722 peers)

Sun-Star Electric, Inc. multi-year trail

Sun-Star Electric, Inc.'s plans moved -50.6% in assets from 2022 to 2024; this filing shows Sun-Star Electric, Inc. Employee Stock Ownership Plan at $10M / 44 participants.

#8,340
in Manufacturing (18,722 peers)
-25.9%
assets change YoY

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.

Sun-Star Electric, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Sun-Star Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$9,904,958 Top 42% higher than 58% 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

Sun-Star Electric, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sun-Star Electric, Inc. Employee Stock Ownership Plan is a small filing (44 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sun-Star Electric, Inc. Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Sun-Star Electric, Inc. Employee Stock Ownership Plan end-of-year assets fell from $13M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Sun-Star Electric, Inc. Employee Stock Ownership Plan reported participants fell from 45 in the plan year 2022 filing to 44 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 611658632 · Sun-Star Electric, Inc. PY 2023 · ESOP

Sun-Star Electric, Inc. Employee Stock Ownership Plan · $10M · 44 · 58th

  • BOY $10M
  • BOY 44
  • BOY 58th
  • BOY ESOP
  • BOY near Comgraphics, Inc. Employee Stock Ownership Plan
  • BOY ind #8340

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 Texas →

Sun-Star Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Capital City Electric, Inc. Employee Stock Ownership PlanCapital City Electric, Inc. …$10MComgraphics, Inc. Employee Stock Ownership PlanComgraphics, Inc. Employee S…$10MSun-Star Electric, Inc. Employee Stock Ownership PlanSun-Star Electric, Inc. Empl…$10MClimate Design Air Conditioning, Inc. Employee Stock Ownership PlanClimate Design Air Condition…$10MFederal Schedules, Inc. Employee Stock Ownership PlanFederal Schedules, Inc. Empl…$10M
End-of-year total assets ($M) among Sun-Star Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Sun-Star Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Sun-Star Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 50.55140681772535% vs 2022
2024 filing year
$5M$10M$15M 202220232024 $13.4M $6.61M ▼ -50.5%
Year Plans Participants Total Assets
2022 1 45 $13M
2023 1 44 $10M
2024 1 50 $7M

Sun-Star Electric, Inc. filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$2M
Net Income-$3M
Employer EIN611658632
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

Sun-Star Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -50510152025 Total assets ($B) Participants Sun-Star Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.009904958 · Participants: 44Sun-Star Electric, Inc. Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc. Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc. Employee Stock Ownership Plan
Sun-Star Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Sun-Star Electric, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Comgraphics, Inc. Employee Stock Ownership Plan in IL ($10M); by covered participants it is Sanibel Captiva Holdings, Inc. Employee Stock Ownership Plan in FL (44 participants). Same-state nearby plans are listed separately above.

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 Sun-Star Electric, Inc. Employee Stock Ownership Plan assets move in 2023?
Sun-Star Electric, Inc. Employee Stock Ownership Plan declined sharply - down 25.9% during 2023, from $13M to $10M. Reported net income was -$3M.
How have Sun-Star Electric, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sun-Star Electric, Inc.'s sponsor-wide assets declined 50.6%, from $13M to $7M.
Which ESOP plans are similar in size to Sun-Star Electric, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Comgraphics, Inc. Employee Stock Ownership Plan in IL ($10M, 33 participants).
Which ESOP plans cover a similar participant headcount to Sun-Star Electric, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Sanibel Captiva Holdings, Inc. Employee Stock Ownership Plan in FL (44 participants, $6M in assets).