ESOP · DOL Form 5500 · 2023

Express Electric, Inc. ESOP

Data updated 2026-08-25

$19M
Total assets Small plan by assets
74
Participants Small participant base
72nd
Percentile by assets National rank
$262,512
Avg per participant High balance/head
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Official DOL plan name: Express Electric, Inc. Employee Stock Ownership Plan · Sponsored by Express Electric, Inc. · Washington · Construction

$19M in assets, 74 participants

Express Electric, Inc.'s Express Electric, Inc. Employee Stock Ownership Plan reported $19M in total assets and 74 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.

  • #6,394 in Construction (9,030 peers)

Express Electric, Inc. multi-year trail

Express Electric, Inc.'s plans moved +88.5% in assets from 2022 to 2024; this filing shows Express Electric, Inc. Employee Stock Ownership Plan at $19M / 74 participants.

#6,394
in Construction (9,030 peers)
+27.9%
assets growth YoY

Express Electric, Inc. Employee Stock Ownership Plan's outsized position by total assets

Express Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$19,425,915 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

Express Electric, Inc. Employee Stock Ownership 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. Express Electric, Inc. Employee Stock Ownership Plan is a small filing (74 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Express Electric, Inc. Employee Stock Ownership Plan reported net income fell from $8M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Express Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Express Electric, Inc. Employee Stock Ownership Plan reported participants fell from 80 in the plan year 2022 filing to 74 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 911605938 · Express Electric, Inc. PY 2023 · ESOP

Express Electric, Inc. Employee Stock Ownership Plan · $19M · 74 · 72nd

  • IND $19M
  • EOY 74
  • 5500 72nd
  • ASSETS ESOP
  • PCT near Rayser Holdings, Inc. Employee Stock Ownership Plan
  • EIN ind #6394

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 Washington →

Express Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Waterfront Services Company Employee Stock Ownership Plan and TrustWaterfront Services Company …$19MLand Title, Inc. Employee Stock Ownership Plan and TrustLand Title, Inc. Employee St…$19MExpress Electric, Inc. Employee Stock Ownership PlanExpress Electric, Inc. Emplo…$19MRayser Holdings, Inc. Employee Stock Ownership PlanRayser Holdings, Inc. Employ…$19MKarl's Inc Employee Stock Ownership Plan and TrustKarl's Inc Employee Stock Ow…$19M
End-of-year total assets ($M) among Express Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Express Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$29M 88.46620979806963% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $15.2M $28.6M ▲ +88.5%
Year Plans Participants Total Assets
2022 1 80 $15M
2023 1 74 $19M
2024 1 92 $29M

Express Electric, Inc. filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income$5M
Employer EIN911605938
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Washington

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

Express Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -101234 Total assets ($B) Participants Express Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.019425915 · Participants: 74Express Electric, Inc. Employee Stock Ownership PlanSchweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.966454558 · Participants: 3694Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanTriple B Corporation Employee Stock Ownership Plan, Total assets ($B): 0.2780946 · Participants: 1123Triple B Corporation Employee Stock Ownership PlanManson Construction Co. Non-Craft Employee Stock Ownership Plan, Total assets ($B): 0.183263152 · Participants: 310Manson Construction Co. Non-Craft Employee Stock Ownership PlanParametrix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.140162337 · Participants: 570Parametrix, Inc. Employee Stock Ownership PlanThe Plexsys Interface Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.114343989 · Participants: 183The Plexsys Interface Products, Inc. Employee Stock Ownership Plan
Express Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants
Compare Express Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Express Electric, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Washington, the nearest ESOP by assets is Rayser Holdings, Inc. Employee Stock Ownership Plan in IA ($19M); by covered participants it is Asg Holdings Employee Stock Ownership Plan in OH (74 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (74 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 Express Electric, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Express Electric, Inc. Employee Stock Ownership Plan grew sharply - up 27.9% during 2023, from $15M to $19M. Reported net income was $5M.
How have Express Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Express Electric, Inc.'s sponsor-wide assets grew 88.5%, from $15M to $29M.
Which ESOP plans are similar in size to Express Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Rayser Holdings, Inc. Employee Stock Ownership Plan in IA ($19M, 135 participants).
Which ESOP plans cover a similar participant headcount to Express Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Asg Holdings Employee Stock Ownership Plan in OH (74 participants, $8M 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 911605938.

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.