ESOP · DOL Form 5500 · 2022

Great Salt Lake Electric Incorporated ESOP

Data updated 2026-08-25

$16M
Total assets Small plan by assets
225
Participants Below avg headcount
74th
Percentile by assets National rank
$72,985
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gsl Electric Employee Stock Ownership Plan · Sponsored by Great Salt Lake Electric Incorporated · Utah · Construction

$16M in assets, 225 participants

Great Salt Lake Electric Incorporated's Gsl Electric Employee Stock Ownership Plan reported $16M in total assets and 225 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • #7,334 in Construction (9,927 peers)

Coverage in Utah

Gsl Electric Employee Stock Ownership Plan covers 225 participants in Utah, about 38% of the average Utah filer (state average ~592 per filing). Assets: $16M.

#7,334
in Construction (9,927 peers)
+8.1%
assets growth YoY

Gsl Electric Employee Stock Ownership Plan's outsized position by total assets

Gsl Electric Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$16,421,559 Top 26% higher than 74% of 139,123 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 2022

Gsl Electric Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gsl Electric Employee Stock Ownership Plan sits mid-pack in the medium band (225 participants).

DOL schedule card

Filing strip 870371134 · Great Salt Lake Electric Incorporated PY 2022 · ESOP

Gsl Electric Employee Stock Ownership Plan · $16M · 225 · 74th

  • ASSETS $16M
  • PCT 225
  • EIN 74th
  • RANK ESOP
  • PHOTO near Sentinel Technologies Inc. Employee Stock Ownership Plan
  • IND ind #7334

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 Utah →

Gsl Electric Employee Stock Ownership Plan in the asset neighbourhood

The Bostwick-Braun Company Employee Stock Ownership PlanThe Bostwick-Braun Company E…$16MGsl Electric Employee Stock Ownership PlanGsl Electric Employee Stock …$16MSentinel Technologies Inc. Employee Stock Ownership PlanSentinel Technologies Inc. E…$16MGenco Stamping & Mfg. Co. Employee Stock Ownership PlanGenco Stamping & Mfg. Co. Em…$16MDownes Holding Company, Inc. Employee Stock Ownership PlanDownes Holding Company, Inc.…$16M
End-of-year total assets ($M) among Gsl Electric Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$1M
Employer EIN870371134
Plan Effective Date1994-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Great Salt Lake Electric Incorporated)

Sponsor-wide plan assets over time

All Great Salt Lake Electric Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$45M 32.80045909886973% vs 2022
2023 filing year
$30M$35M$40M$45M$50M 20222023 $34.1M $45.3M ▲ +32.8%
Year Plans Participants Total Assets
2022 2 454 $34M
2023 2 428 $45M

Nearby ESOP Plans in Utah

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

Gsl Electric Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants Scatter plot of 6 data points. 0200400600800 020406080100120 Total assets ($M) Participants Gsl Electric Employee Stock Ownership Plan, Total assets ($M): 16.421559 · Participants: 225Gsl Electric Employee Stock Ownership PlanFj Management Inc. Employee Stock Ownership Plan, Total assets ($M): 100.217205 · Participants: 33Fj Management Inc. Employee Stock Ownership PlanJacobsen Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 97.600451 · Participants: 492Jacobsen Construction Company, Inc. Employee Stock Ownership PlanRocky Mountain Atv, Inc. Employee Stock Ownership Plan, Total assets ($M): 78.504943 · Participants: 473Rocky Mountain Atv, Inc. Employee Stock Ownership PlanWhitaker Construction Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 60.628689 · Participants: 650Whitaker Construction Co., Inc. Employee Stock Ownership PlanCentral Milling Employee Stock Ownership Plan and Trust, Total assets ($M): 32.233096 · Participants: 108Central Milling Employee Stock Ownership Plan and Trust
Gsl Electric Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants

Gsl Electric Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Utah, the nearest ESOP by assets is Sentinel Technologies Inc. Employee Stock Ownership Plan in IL ($16M); by covered participants it is Summit Companies Holdings, Inc. Employee Stock Ownership Plan in FL (225 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gsl Electric Employee Stock Ownership Plan assets move in 2022?
Gsl Electric Employee Stock Ownership Plan grew at a solid clip - up 8.1% during 2022, from $15M to $16M. Reported net income was $1M.
How have Great Salt Lake Electric Incorporated plan assets changed over time?
Across 2 plan years on file (2022-2023), Great Salt Lake Electric Incorporated's sponsor-wide assets grew 32.8%, from $34M to $45M.
Which ESOP plans are similar in size to Gsl Electric Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Sentinel Technologies Inc. Employee Stock Ownership Plan in IL ($16M, 477 participants).
Which ESOP plans cover a similar participant headcount to Gsl Electric Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Summit Companies Holdings, Inc. Employee Stock Ownership Plan in FL (225 participants, $107M in assets).