ESOP · DOL Form 5500 · 2023

Sun Electric, Inc. ESOP

Data updated 2026-08-25

$8M
Total assets Small plan by assets
43
Participants Small participant base
53rd
Percentile by assets National rank
$179,620
Avg per participant Above avg balance/head
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Official DOL plan name: Sun Electric, Inc. Profit Sharing and Retirement Plan · Sponsored by Sun Electric, Inc. · North Dakota · Construction

$8M in assets, 43 participants

Sun Electric, Inc.'s Sun Electric, Inc. Profit Sharing and Retirement Plan reported $8M in total assets and 43 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #4,648 in Construction (9,030 peers)

Sun Electric, Inc. multi-year trail

Sun Electric, Inc.'s plans moved +345.4% in assets from 2022 to 2024; this filing shows Sun Electric, Inc. Profit Sharing and Retirement Plan at $8M / 43 participants.

#4,648
in Construction (9,030 peers)
+128.6%
assets growth YoY

Sun Electric, Inc. Profit Sharing and Retirement Plan's mid-pack asset rank among Construction and all filers

Sun Electric, Inc. Profit Sharing and Retirement Plan vs every filed plan by assets

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

$7,723,651 Top 47% higher than 53% 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 Electric, Inc. Profit Sharing and Retirement 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 Electric, Inc. Profit Sharing and Retirement Plan is a small filing (43 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sun Electric, Inc. Profit Sharing and Retirement Plan end-of-year assets rose from $3M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Sun Electric, Inc. Profit Sharing and Retirement Plan reported net income rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Sun Electric, Inc. Profit Sharing and Retirement Plan reported participants fell from 46 in the plan year 2022 filing to 43 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 450451073 · Sun Electric, Inc. PY 2023 · ESOP

Sun Electric, Inc. Profit Sharing and Retirement Plan · $8M · 43 · 53rd

  • RANK $8M
  • RANK 43
  • RANK 53rd
  • RANK ESOP
  • RANK near Commodity Control Corporation Employee Stock Ownership Plan
  • RANK ind #4648

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 North Dakota →

Sun Electric, Inc. Profit Sharing and Retirement Plan in the asset neighbourhood

Helix Environmental Planning, Inc. Employee Stock Ownership PlanHelix Environmental Planning…$8MGround Engineering Consultants, Inc. Employee Stock Ownership PlanGround Engineering Consultan…$8MSun Electric, Inc. Profit Sharing and Retirement PlanSun Electric, Inc. Profit Sh…$8MCommodity Control Corporation Employee Stock Ownership PlanCommodity Control Corporatio…$8MJenkins Services, Inc. & Affiliates Employee Stock Ownership Plan and TrustJenkins Services, Inc. & Aff…$8M
End-of-year total assets ($M) among Sun Electric, Inc. Profit Sharing and Retirement Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Sun Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$15M 345.4348140045836% vs 2022
2024 filing year
$0M$5M$10M$15M$20M 202220232024 $3.38M $15.1M ▲ +345.3%
Year Plans Participants Total Assets
2022 1 46 $3M
2023 1 43 $8M
2024 1 52 $15M

Sun Electric, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income$5M
Employer EIN450451073
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Sun Electric, Inc. Profit Sharing and Retirement Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Sun Electric, Inc. Profit Sharing and Retirement Plan, Total assets ($B): 0.007723651 · Participants: 43Sun Electric, Inc. Profit Sharing and Retirement PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.176759361 · Participants: 2973Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.837710398 · Participants: 4597Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.229795263 · Participants: 767Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.158672448 · Participants: 901Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.086685795 · Participants: 90Frontier Precision, Inc Employee Stock Ownership Plan
Sun Electric, Inc. Profit Sharing and Retirement Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Sun Electric, Inc. Profit Sharing and Retirement Plan side-by-side with 3 peers →

Sun Electric, Inc. Profit Sharing and Retirement Plan's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Commodity Control Corporation Employee Stock Ownership Plan in FL ($8M); by covered participants it is Geotex Construction Services, Inc. Employee Stock Ownership Plan in OH (43 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (43 participants); asset peers above are excluded.

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 Electric, Inc. Profit Sharing and Retirement Plan assets move in 2023? ▼
Sun Electric, Inc. Profit Sharing and Retirement Plan surged - up 128.6% during 2023, from $3M to $8M. Reported net income was $5M.
How have Sun Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sun Electric, Inc.'s sponsor-wide assets grew 345.4%, from $3M to $15M.
Which ESOP plans are similar in size to Sun Electric, Inc. Profit Sharing and Retirement Plan? ▼
Among ESOP plans in other states, the closest by assets is Commodity Control Corporation Employee Stock Ownership Plan in FL ($8M, 19 participants).
Which ESOP plans cover a similar participant headcount to Sun Electric, Inc. Profit Sharing and Retirement Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Geotex Construction Services, Inc. Employee Stock Ownership Plan in OH (43 participants, $5M in assets).

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 450451073.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.