ESOP · DOL Form 5500 · 2023

Electric Coil Service, Inc. ESOP

Data updated 2026-08-11

$809K
Total assets
12
Participants
22nd
Percentile by assets
$67,440
Avg per participant
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Official DOL plan name: Electric Coil Service, Inc. Employee Stock Ownership Plan · Sponsored by Electric Coil Service, Inc. · Pennsylvania · Manufacturing

$809K in assets, 12 participants

Electric Coil Service, Inc.'s Electric Coil Service, Inc. Employee Stock Ownership Plan reported $809K in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • 22nd percentile by assets (of 127,072 plans)
  • #1,748 in Manufacturing (18,722 peers)

Electric Coil Service, Inc. multi-year trail

Electric Coil Service, Inc.'s plans moved +90.9% in assets from 2022 to 2024; this filing shows Electric Coil Service, Inc. Employee Stock Ownership Plan at $809K / 12 participants.

$809K
total plan assets (2023 EOY)
12
covered participants
22nd
percentile by assets (of 127,072 plans)
$67,440
avg assets per participant

The plan reported a net loss of $47K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Electric Coil Service, Inc. Employee Stock Ownership Plan sits by total assets

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

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

$809,274 22nd percentile higher than 22% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electric Coil Service, Inc. Employee Stock Ownership Plan reported net income fell from $259K in the plan year 2022 filing to -$47K in the plan year 2023 filing.
  • Electric Coil Service, Inc. Employee Stock Ownership Plan reported participants fell from 13 in the plan year 2022 filing to 12 in the plan year 2023 filing.
  • Electric Coil Service, Inc. Employee Stock Ownership Plan end-of-year assets fell from $856K in the plan year 2022 filing to $809K in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Electric Coil Service, Inc. across 3 plan years on file

Across the 3 plan years Electric Coil Service, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $856K to $2M, a gain of 90.9%, while reported participants moved from 13 to 16 (+23.1%). Peak year by sponsor assets: 2024 ($2M); trough: 2023 ($809K).

Electric Coil Service, Inc. multi-year asset trail

$0.5M$1M$1.5M$2M 202220232024 $0.86M $1.63M ▲ +89.5%
Total plan assets by year, all Electric Coil Service, Inc. plans on file
Year Plans Participants Total Assets
2022 1 13 $856K
2023 1 12 $809K
2024 1 16 $2M

Electric Coil Service, Inc. filing trail (2023)

Total Assets (Beginning of Year)$856K
Net Assets (End of Year)$809K
Net Income-$47K
Employer EIN232836570
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Electric Coil Service, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Electric Coil Service, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Electric Coil Servic…Wawa, Inc. Employee …Bradford White Corpo…Centimark Corporatio…Sheetz, Inc. Employe…D & H Employee Stock…
Electric Coil Service, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Electric Coil Service, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Electric Coil Service, Inc. Employee Stock Ownership Plan assets move in 2023?
Electric Coil Service, Inc. Employee Stock Ownership Plan pulled back noticeably - down 5.5% during 2023, from $856K to $809K. Reported net income was -$47K.
How have Electric Coil Service, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Electric Coil Service, Inc.'s sponsor-wide assets grew 90.9%, from $856K to $2M.
Where does Electric Coil Service, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Electric Coil Service, Inc. Employee Stock Ownership Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Electric Coil Service, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Renew Energy, Inc. Employee Stock Ownership Plan in SD ($809K, 113 participants).

Next read for Electric Coil Service, Inc. Employee Sto…

Multi-year trail

Ways to act on Electric Coil Service, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Electric Coil Service, Inc. Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
  • Electric Coil Service, Inc.'s sponsor-wide assets have grown 90.9% since 2022 across 3 plan years on file. More Manufacturing plans