ESOP · DOL Form 5500 · 2023

Advantage Electric & Controls, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
54
Participants Small participant base
56th
Percentile by assets National rank
$165,187
Avg per participant Above avg balance/head
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Official DOL plan name: Advantage Electric & Controls, Inc. Employee Stock Ownership Plan · Sponsored by Advantage Electric & Controls, Inc. · Michigan · Construction

$9M in assets, 54 participants

Advantage Electric & Controls, Inc.'s Advantage Electric & Controls, Inc. Employee Stock Ownership Plan reported $9M in total assets and 54 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #4,919 in Construction (9,030 peers)

Advantage Electric & Controls, Inc. multi-year trail

Advantage Electric & Controls, Inc.'s plans moved +288.0% in assets from 2022 to 2024; this filing shows Advantage Electric & Controls, Inc. Employee Stock Ownership Plan at $9M / 54 participants.

#4,919
in Construction (9,030 peers)
+120.8%
assets growth YoY

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$8,920,086 Top 44% higher than 56% 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

Advantage Electric & Controls, 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. Advantage Electric & Controls, Inc. Employee Stock Ownership Plan is a small filing (54 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Advantage Electric & Controls, Inc. Employee Stock Ownership Plan reported net income rose from $329K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Advantage Electric & Controls, Inc. Employee Stock Ownership Plan end-of-year assets rose from $4M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Advantage Electric & Controls, Inc. Employee Stock Ownership Plan reported participants fell from 58 in the plan year 2022 filing to 54 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 383453245 · Advantage Electric & Controls, Inc. PY 2023 · ESOP

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan · $9M · 54 · 56th

  • BOY $9M
  • BOY 54
  • BOY 56th
  • BOY ESOP
  • BOY near Lanco Assembly Systems, Inc. Employee Stock Ownership Plan
  • BOY ind #4919

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 Michigan →

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Advantage Electric & Controls, Inc. Employee Stock Ownership PlanAdvantage Electric & Control…$9MLanco Assembly Systems, Inc. Employee Stock Ownership PlanLanco Assembly Systems, Inc.…$9MH. a. Dehart & Son, Inc. Employee Stock Ownership PlanH. a. Dehart & Son, Inc. Emp…$9MClark Dietz, Inc. Employee Stock Ownership PlanClark Dietz, Inc. Employee S…$9MSelway Machine Tool Co., Inc. Employee Stock Ownership PlanSelway Machine Tool Co., Inc…$9M
End-of-year total assets ($M) among Advantage Electric & Controls, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Advantage Electric & Controls, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Advantage Electric & Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 287.9537217772097% vs 2022
2024 filing year
$0M$5M$10M$15M$20M 202220232024 $4.04M $15.7M ▲ +287.9%
Year Plans Participants Total Assets
2022 1 58 $4M
2023 1 54 $9M
2024 1 51 $16M

Advantage Electric & Controls, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)-$5M
Net Income$5M
Employer EIN383453245
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Advantage Electric & Controls, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.008920086 · Participants: 54Advantage Electric & Controls, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Advantage Electric & Controls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Advantage Electric & Controls, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Lanco Assembly Systems, Inc. Employee Stock Ownership Plan in ME ($9M); by covered participants it is Prolift, Inc. Employee Stock Ownership Plan in NY (54 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (54 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 Advantage Electric & Controls, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Advantage Electric & Controls, Inc. Employee Stock Ownership Plan surged - up 120.8% during 2023, from $4M to $9M. Reported net income was $5M.
How have Advantage Electric & Controls, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Advantage Electric & Controls, Inc.'s sponsor-wide assets grew 288.0%, from $4M to $16M.
Which ESOP plans are similar in size to Advantage Electric & Controls, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lanco Assembly Systems, Inc. Employee Stock Ownership Plan in ME ($9M, 129 participants).
Which ESOP plans cover a similar participant headcount to Advantage Electric & Controls, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Prolift, Inc. Employee Stock Ownership Plan in NY (54 participants, $7M 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 383453245.

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.