ESOP · DOL Form 5500 · 2023
Underground Systems, Inc. ESOP
Data updated 2026-08-11
- $21M
- Total assets
- 41
- Participants
- 74th
- Percentile by assets
- $512,503
- Avg per participant
Official DOL plan name: Underground Systems, Inc. Employee Stock Ownership Plan · Sponsored by Underground Systems, Inc. · Connecticut · Professional & Technical Services
$21M in assets, 41 participants
Underground Systems, Inc.'s Underground Systems, Inc. Employee Stock Ownership Plan reported $21M in total assets and 41 participants in its 2023 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.
- 74th percentile by assets (of 127,072 plans)
- #14,938 in Professional & Technical Services (20,321 peers)
Underground Systems, Inc. multi-year trail
Underground Systems, Inc.'s plans moved +32.5% in assets from 2022 to 2024; this filing shows Underground Systems, Inc. Employee Stock Ownership Plan at $21M / 41 participants.
- $21M
- total plan assets (2023 EOY)
- 41
- covered participants
- 74th
- percentile by assets (of 127,072 plans)
- $512,503
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Underground Systems, Inc. Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Underground Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.
Underground Systems, Inc. across 3 plan years on file
Across the 3 plan years Underground Systems, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $19M to $25M, a gain of 32.5%, while reported participants moved from 41 to 41 (+0.0%). Peak year by sponsor assets: 2024 ($25M); trough: 2022 ($19M).
Underground Systems, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 41 | $19M |
| 2023 | 1 | 41 | $21M |
| 2024 | 1 | 41 | $25M |
Underground Systems, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $17M |
| Net Income | $2M |
| Employer EIN | 132837950 |
| Plan Effective Date | 2015-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Connecticut
Peer ESOP plans, same state, same plan type, ranked by total assets.
Underground Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
- Mott Corporation Employee Stock Ownership Plan $360M · 269
- Sonalysts, Inc. Employee Stock Ownership Plan $125M · 418
- Bl Companies, Inc. Employee Stock Ownership Plan $113M · 323
- Eurpac Service, Inc. Employee Stock Ownership Plan $96M · 529
- Twin Mro Employee Stock Ownership Plan $83M · 93
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Underground Systems, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Underground Systems, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Underground Systems, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Connecticut. Compare plans
- Underground Systems, Inc.'s sponsor-wide assets have grown 32.5% since 2022 across 3 plan years on file. More Professional & Technical Services plans