ESOP · DOL Form 5500 · 2023

Peerless Electronics Inc. ESOP

Data updated 2026-08-25

$19M
Total assets Small plan by assets
44
Participants Small participant base
72nd
Percentile by assets National rank
$440,918
Avg per participant High balance/head
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Official DOL plan name: Peerless Electronics Inc. ESOP · Sponsored by Peerless Electronics Inc. · New York · Wholesale Trade

$19M in assets, 44 participants

Peerless Electronics Inc.'s Peerless Electronics Inc. ESOP reported $19M in total assets and 44 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #4,339 in Wholesale Trade (6,309 peers)

Peerless Electronics Inc. multi-year trail

Peerless Electronics Inc.'s plans moved +62.6% in assets from 2022 to 2024; this filing shows Peerless Electronics Inc. ESOP at $19M / 44 participants.

#4,339
in Wholesale Trade (6,309 peers)
+57.7%
assets growth YoY

Peerless Electronics Inc. ESOP's outsized position by total assets

Peerless Electronics Inc. ESOP vs every filed plan by assets

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

$19,400,395 Top 28% higher than 72% 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

Peerless Electronics Inc. ESOP among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Peerless Electronics Inc. ESOP is a small filing (44 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Peerless Electronics Inc. ESOP reported net income rose from $3M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Peerless Electronics Inc. ESOP end-of-year assets rose from $12M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Peerless Electronics Inc. ESOP 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 →

Form 5500 schedule snapshot

Filing strip 111558418 · Peerless Electronics Inc. PY 2023 · ESOP

Peerless Electronics Inc. ESOP · $19M · 44 · 72nd

  • EBSA $19M
  • EBSA 44
  • EBSA 72nd
  • EBSA ESOP
  • EBSA near Azcon, Inc. Employee Stock Ownership Plan
  • EBSA ind #4339

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 New York →

Peerless Electronics Inc. ESOP in the asset neighbourhood

Karl's Inc Employee Stock Ownership Plan and TrustKarl's Inc Employee Stock Ow…$19MRayser Holdings, Inc. Employee Stock Ownership PlanRayser Holdings, Inc. Employ…$19MPeerless Electronics Inc. ESOPPeerless Electronics Inc. ES…$19MAzcon, Inc. Employee Stock Ownership PlanAzcon, Inc. Employee Stock O…$19MSpalding Dedecker Associates, Inc. Employee Stock Ownership PlanSpalding Dedecker Associates…$19M
End-of-year total assets ($M) among Peerless Electronics Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Peerless Electronics Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Peerless Electronics Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 62.59961570339815% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.3M $20M ▲ +62.6%
Year Plans Participants Total Assets
2022 1 45 $12M
2023 1 44 $19M
2024 1 53 $20M

Peerless Electronics Inc. filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$8M
Employer EIN111558418
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New York

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

Peerless Electronics Inc. ESOP vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants Peerless Electronics Inc. ESOP, Total assets ($M): 19.400395 · Participants: 44Peerless Electronics Inc. ESOPStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, Inc. Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co. Employee Stock Ownership Plan
Peerless Electronics Inc. ESOP vs. nearby ESOP plans in New York, assets vs. participants
Compare Peerless Electronics Inc. ESOP side-by-side with 3 peers →

Peerless Electronics Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Azcon, Inc. Employee Stock Ownership Plan in IL ($19M); 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.

Similar participant headcount

Nearest other-state filings by covered participants (44 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 Peerless Electronics Inc. ESOP assets move in 2023? ▼
Peerless Electronics Inc. ESOP surged - up 57.7% during 2023, from $12M to $19M. Reported net income was $8M.
How have Peerless Electronics Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peerless Electronics Inc.'s sponsor-wide assets grew 62.6%, from $12M to $20M.
Which ESOP plans are similar in size to Peerless Electronics Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Azcon, Inc. Employee Stock Ownership Plan in IL ($19M, 31 participants).
Which ESOP plans cover a similar participant headcount to Peerless Electronics Inc. ESOP? ▼
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).

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 111558418.

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.