ESOP · DOL Form 5500 · 2023

Superior Electric Great Lakes Company ESOP

Data updated 2026-08-11

$116M
Total assets
119
Participants
92nd
Percentile by assets
$974,780
Avg per participant
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Official DOL plan name: Superior Electric Great Lakes Company Employee Stock Ownership Plan · Sponsored by Superior Electric Great Lakes Company · Michigan · Construction

$116M in assets, 119 participants

Superior Electric Great Lakes Company's Superior Electric Great Lakes Company Employee Stock Ownership Plan reported $116M in total assets and 119 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)
  • #8,185 in Construction (9,030 peers)

Coverage in Michigan

Superior Electric Great Lakes Company Employee Stock Ownership Plan covers 119 participants in Michigan, about 19% of the average Michigan filer (state average ~638 per filing). Assets: $116M.

$116M
total plan assets (2023 EOY)
119
covered participants
92nd
percentile by assets (of 127,072 plans)
$974,780
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Superior Electric Great Lakes Company Employee Stock Ownership Plan reported net income fell from $22M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Superior Electric Great Lakes Company Employee Stock Ownership Plan reported participants rose from 94 in the plan year 2022 filing to 119 in the plan year 2023 filing.
  • Superior Electric Great Lakes Company Employee Stock Ownership Plan end-of-year assets rose from $101M in the plan year 2022 filing to $116M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Superior Electric Great Lakes Company Employee Stock Ownership Plan reports 119 participants - about 19% of that state average ($116M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$113M
Net Income$15M
Employer EIN311330769
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Superior Electric Great Lakes Company)

$100M$150M$200M$250M 202220232024 $119M $198M ▲ +65.7%
Total plan assets by year, all Superior Electric Great Lakes Company plans on file
Year Plans Participants Total Assets
2022 2 209 $119M
2023 2 252 $140M
2024 2 294 $198M

Nearby ESOP Plans in Michigan

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

Superior Electric Great Lakes Company Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Superior Electric Great Lakes Company Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 00.511.5 Total assets ($B) Participants Superior Electric Gr…Mcnaughton-Mckay Ele…The Kendall Group Em…Project Worldwide, I…Motor City Electric …Lee Contracting, Inc…
Superior Electric Great Lakes Company Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Superior Electric Great Lakes Company Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Superior Electric Great Lakes Company Employee Stock Ownership Plan assets move in 2023?
Superior Electric Great Lakes Company Employee Stock Ownership Plan grew sharply - up 15.0% during 2023, from $101M to $116M. Reported net income was $15M.
How have Superior Electric Great Lakes Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Superior Electric Great Lakes Company's sponsor-wide assets grew 65.7%, from $119M to $198M.
Where does Superior Electric Great Lakes Company Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Superior Electric Great Lakes Company 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 Superior Electric Great Lakes Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Divcon Ems Austin, Inc. Employee Stock Ownership Plan in TX ($116M, 46 participants).

Next read for Superior Electric Great Lakes Company Em…

Filing takeaways

Ways to act on Superior Electric Great Lakes Company Employee Stock Ownership Plan's numbers.

  • By total assets, Superior Electric Great Lakes Company 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 Michigan. Compare plans
  • Superior Electric Great Lakes Company's sponsor-wide assets have grown 65.7% since 2022 across 3 plan years on file. More Construction plans