ESOP · DOL Form 5500 · 2023

Design Electric, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
122
Participants Small participant base
67th
Percentile by assets National rank
$118,861
Avg per participant Near avg balance/head
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Official DOL plan name: Design Electric, Inc. Employee Stock Ownership Plan · Sponsored by Design Electric, Inc. · Virginia · Construction

$15M in assets, 122 participants

Design Electric, Inc.'s Design Electric, Inc. Employee Stock Ownership Plan reported $15M in total assets and 122 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #5,881 in Construction (9,030 peers)

Coverage in Virginia

Design Electric, Inc. Employee Stock Ownership Plan covers 122 participants in Virginia, about 16% of the average Virginia filer (state average ~782 per filing). Assets: $15M.

#5,881
in Construction (9,030 peers)
+14.4%
assets growth YoY

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

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

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

$14,501,037 Top 33% higher than 67% 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

Design Electric, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Design Electric, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Design Electric, 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.
  • Design Electric, Inc. Employee Stock Ownership Plan reported participants fell from 156 in the plan year 2022 filing to 122 in the plan year 2023 filing.
  • Design Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 541232883 · Design Electric, Inc. PY 2023 · ESOP

Design Electric, Inc. Employee Stock Ownership Plan · $15M · 122 · 67th

  • NET $15M
  • BOOK 122
  • VS-ST 67th
  • BOY ESOP
  • SCH near Total Water Treatment Systems, Inc. Employee Stock Ownership Plan
  • EBSA ind #5881

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 Virginia →

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

Pridgeon & Clay, Inc Employee Stock Ownership PlanPridgeon & Clay, Inc Employe…$15MSymmes Maini & Mckee Associates, Inc. Employee Stock Ownership PlanSymmes Maini & Mckee Associa…$15MDesign Electric, Inc. Employee Stock Ownership PlanDesign Electric, Inc. Employ…$15MTotal Water Treatment Systems, Inc. Employee Stock Ownership PlanTotal Water Treatment System…$15MG & E Roofing Company, Inc. Employee Stock Ownership PlanG & E Roofing Company, Inc. …$14M
End-of-year total assets ($M) among Design Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN541232883
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Design Electric, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$23M 27.474148336929915% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $18.4M $23.5M ▲ +27.5%
Year Plans Participants Total Assets
2022 2 309 $18M
2023 2 261 $21M
2024 2 257 $23M

Nearby ESOP Plans in Virginia

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

Design Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Design Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.014501037 · Participants: 122Design Electric, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Design Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Design Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest ESOP by assets is Total Water Treatment Systems, Inc. Employee Stock Ownership Plan in WI ($15M); by covered participants it is Chestnut Ridge Foam, Inc. Employee Stock Ownership Plan in PA (122 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Design Electric, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Design Electric, Inc. Employee Stock Ownership Plan grew at a solid clip - up 14.4% during 2023, from $13M to $15M. Reported net income was $2M.
How have Design Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Design Electric, Inc.'s sponsor-wide assets grew 27.5%, from $18M to $23M.
Which ESOP plans are similar in size to Design Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Total Water Treatment Systems, Inc. Employee Stock Ownership Plan in WI ($15M, 104 participants).
Which ESOP plans cover a similar participant headcount to Design Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Chestnut Ridge Foam, Inc. Employee Stock Ownership Plan in PA (122 participants, $30M 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 541232883.

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.