ESOP · DOL Form 5500 · 2023

Mike Brown Electric Co. ESOP

Data updated 2026-08-11

$37M
Total assets: 19
Participants: 82nd
Percentile by assets: $1.9M
Avg per participant

Official DOL plan name: Mike Brown Electric Co. Employee Stock Ownership Plan · Sponsored by Mike Brown Electric Co. · California · Construction

$37M in assets, 19 participants

Mike Brown Electric Co.'s Mike Brown Electric Co. Employee Stock Ownership Plan reported $37M in total assets and 19 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

82nd percentile by assets (of 127,072 plans)
#7,245 in Construction (9,030 peers)

Where Mike Brown Electric Co. Employee Stock Ownership Plan sits by assets

Mike Brown Electric Co. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $37M for 19 participants (~$1.9M/participant), up 54.4% in 2023.

$37M
total plan assets (2023 EOY): 19
covered participants: 82nd
percentile by assets (of 127,072 plans): $1.9M
avg assets per participant

Mike Brown Electric Co. Employee Stock Ownership Plan reported net income rose from -$3M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Mike Brown Electric Co. Employee Stock Ownership Plan end-of-year assets rose from $24M in the plan year 2022 filing to $37M in the plan year 2023 filing.
Mike Brown Electric Co. Employee Stock Ownership Plan reported participants fell from 22 in the plan year 2022 filing to 19 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Construction

Mike Brown Electric Co. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Mike Brown Electric Co. Employee Stock Ownership Plan outranks 82% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$24M
Net Assets (End of Year)	$37M
Net Income	$13M
Employer EIN	680320151
Plan Effective Date	2016-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Mike Brown Electric Co.)

Total plan assets by year, all Mike Brown Electric Co. plans on file

Year	Plans	Participants	Total Assets
2022	1	22	$24M
2023	1	19	$37M
2024	1	21	$34M

Nearby ESOP Plans in California

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

Mike Brown Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Parsons Employee Stock Ownership Plan $3.8B · 7,871
Acco Employee Stock Ownership Plan $1.4B · 1,397
Rosendin Electric, Inc. Employee Stock Ownership Plan $1.1B · 1,700
Agron, Inc. Employee Stock Ownership Plan $533M · 72
Recology Employee Stock Ownership Plan $497M · 3,656

Compare Mike Brown Electric Co. Employee Stock O… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Mike Brown Electric Co. Employee Stock Ownership Plan by total assets, not by location.

Ams Mechanical Holdings, Inc. Employee Stock Ownership Plan (IL) $37M · 148
Indiana Industrial Services Employee Stock Ownership Plan (IN) $37M · 144
Threaded Fasteners, Inc. Employee Stock Ownership Plan and Trust (AL) $37M · 194
General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust (VA) $37M · 170

Frequently Asked Questions

How did Mike Brown Electric Co. Employee Stock Ownership Plan assets move in 2023? ▼

Mike Brown Electric Co. Employee Stock Ownership Plan surged - up 54.4% during 2023, from $24M to $37M. Reported net income was $13M.

How have Mike Brown Electric Co. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Mike Brown Electric Co.'s sponsor-wide assets grew 45.2%, from $24M to $34M.

Where does Mike Brown Electric Co. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Mike Brown Electric Co. Employee Stock Ownership Plan ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Mike Brown Electric Co. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Ams Mechanical Holdings, Inc. Employee Stock Ownership Plan in IL ($37M, 148 participants).

Next read for Mike Brown Electric Co. Employee Stock O…

Scale reading

Ways to act on Mike Brown Electric Co. Employee Stock Ownership Plan's numbers.

By total assets, Mike Brown Electric Co. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
Mike Brown Electric Co.'s sponsor-wide assets have grown 45.2% since 2022 across 3 plan years on file. More Construction plans

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 680320151.