ESOP · DOL Form 5500 · 2023

Jemco Electrical Contractors, Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
20
Participants
63rd
Percentile by assets
$614,950
Avg per participant
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Official DOL plan name: Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan · Sponsored by Jemco Electrical Contractors, Inc. · New York · Construction

$12M in assets, 20 participants

Jemco Electrical Contractors, Inc.'s Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan reported $12M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • 63rd percentile by assets (of 127,072 plans)
  • #5,558 in Construction (9,030 peers)

Jemco Electrical Contractors, Inc. multi-year trail

Jemco Electrical Contractors, Inc.'s plans moved +36.3% in assets from 2023 to 2024; this filing shows Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan at $12M / 20 participants.

$12M
total plan assets (2023 EOY)
20
covered participants
63rd
percentile by assets (of 127,072 plans)
$614,950
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan sits by total assets

Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,299,000 Top 37% higher than 63% 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

State
New York
Industry
Construction

Jemco Electrical Contractors, Inc. across 2 plan years on file

Across the 2 plan years Jemco Electrical Contractors, Inc. has on file (2023-2024), sponsor-wide plan assets have moved from $12M to $17M, a gain of 36.3%, while reported participants moved from 20 to 20 (+0.0%).

Jemco Electrical Contractors, Inc. multi-year asset trail

$10M$12M$14M$16M$18M 20232024 $12.3M $16.8M ▲ +36.3%
Total plan assets by year, all Jemco Electrical Contractors, Inc. plans on file
Year Plans Participants Total Assets
2023 1 20 $12M
2024 1 20 $17M

Jemco Electrical Contractors, Inc. filing trail (2023)

Total Assets (Beginning of Year)$484K
Net Assets (End of Year)-$9M
Net Income-$10M
Employer EIN113016075
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New York

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

Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants Jemco Electrical Con…, Total assets ($M): 12.299 · Participants: 20Jemco Electrical Con…Stewart's Shops Corp…, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp…North Coast Holdings…, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings…Griffon Corporation …, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation …Greenman-Pedersen, I…, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, I…H.C. Wainwright & Co…, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co…
Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Jemco Electrical Contractors, Inc. Emplo… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan surged - up 2442.9% during 2023, from $484K to $12M. Reported net income was -$10M.
How have Jemco Electrical Contractors, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Jemco Electrical Contractors, Inc.'s sponsor-wide assets grew 36.3%, from $12M to $17M.
Which ESOP plans are similar in size to Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Precision Drive & Control, Inc. Employee Stock Ownership Plan in WI ($12M, 111 participants).

Next read for Jemco Electrical Contractors, Inc. Emplo…

Multi-year trail

Ways to act on Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
  • Jemco Electrical Contractors, Inc.'s sponsor-wide assets have grown 36.3% since 2023 across 2 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 113016075.

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.