ESOP · DOL Form 5500 · 2023
Hunt Electric Corporation ESOP
Data updated 2026-08-11
- $89M
- Total assets
- 257
- Participants
- 90th
- Percentile by assets
- $345,081
- Avg per participant
Official DOL plan name: Hunt Electric Employee Stock Ownership Plan and Trust · Sponsored by Hunt Electric Corporation · Minnesota · Construction
$89M in assets, 257 participants
Hunt Electric Corporation's Hunt Electric Employee Stock Ownership Plan and Trust reported $89M in total assets and 257 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 127,072 plans)
- #8,006 in Construction (9,030 peers)
Coverage in Minnesota
Hunt Electric Employee Stock Ownership Plan and Trust covers 257 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $89M.
- $89M
- total plan assets (2023 EOY)
- 257
- covered participants
- 90th
- percentile by assets (of 127,072 plans)
- $345,081
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hunt Electric Employee Stock Ownership Plan and Trust reported net income fell from $17M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Hunt Electric Employee Stock Ownership Plan and Trust reported participants rose from 220 in the plan year 2022 filing to 257 in the plan year 2023 filing.
- Hunt Electric Employee Stock Ownership Plan and Trust end-of-year assets rose from $81M in the plan year 2022 filing to $89M in the plan year 2023 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Hunt Electric Employee Stock Ownership Plan and Trust reports 257 participants - about 23% of that state average ($89M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $81M |
|---|---|
| Net Assets (End of Year) | $82M |
| Net Income | $8M |
| Employer EIN | 410888550 |
| Plan Effective Date | 2016-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hunt Electric Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 598 | $161M |
| 2023 | 3 | 690 | $186M |
| 2024 | 3 | 788 | $291M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Hunt Electric Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
- Andersen Corporation Employee Stock Ownership Plan $899M · 11,644
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $498M · 789
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $432M · 446
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $432M · 4,575
- Force America Inc. Employee Stock Ownership Plan $427M · 412
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Hunt Electric Employee Stock Ownership Plan and Trust by total assets, not by location.
- Energy Air, Inc. ESOP (FL) $89M · 337
- Cfc ESOP (VT) $88M · 427
- Cummins-Wagner Co., Inc. Employee Stock Ownership Plan (MD) $88M · 230
- Catamount Constructors, Inc. Employee Stock Ownership Plan (CO) $88M · 216
Frequently Asked Questions
How did Hunt Electric Employee Stock Ownership Plan and Trust assets move in 2023? ▼
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Where does Hunt Electric Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Hunt Electric Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Hunt Electric Employee Stock Ownership Plan and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
- Hunt Electric Corporation's sponsor-wide assets have grown 80.2% since 2022 across 3 plan years on file. More Construction plans