ESOP · DOL Form 5500 · 2023

Jemco Electrical Contractors, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
20
Participants Small participant base
63rd
Percentile by assets National rank
$614,950
Avg per participant High balance/head
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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.

  • #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.

#5,558
in Construction (9,030 peers)
+2442.9%
assets growth YoY

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.

Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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 $2,050,000,000 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

Jemco Electrical Contractors, 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. Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan is a small filing (20 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 113016075 · Jemco Electrical Contractors, Inc. PY 2023 · ESOP

Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan · $12M · 20 · 63rd

  • IND $12M
  • IND 20
  • IND 63rd
  • IND ESOP
  • IND near Precision Drive & Control, Inc. Employee Stock Ownership Plan
  • IND ind #5558

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 New York →

Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Atkins & Stang, Inc. Employee Stock Ownership PlanAtkins & Stang, Inc. Employe…$12MAxios International, Inc. Employee Stock Ownership PlanAxios International, Inc. Em…$12MBenning Construction Company Employee Stock Ownership PlanBenning Construction Company…$12MJemco Electrical Contractors, Inc. Employee Stock Ownership PlanJemco Electrical Contractors…$12MPrecision Drive & Control, Inc. Employee Stock Ownership PlanPrecision Drive & Control, I…$12M
End-of-year total assets ($M) among Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Jemco Electrical Contractors, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Jemco Electrical Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 36.254980079681275% vs 2023
2024 filing year
$10M$12M$14M$16M$18M 20232024 $12.3M $16.8M ▲ +36.3%
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 ($M) Participants Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 12.299 · Participants: 20Jemco Electrical Contractors, Inc. Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, Inc. Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co. Employee Stock Ownership Plan
Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Precision Drive & Control, Inc. Employee Stock Ownership Plan in WI ($12M); by covered participants it is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 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 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).
Which ESOP plans cover a similar participant headcount to Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants, $5M 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 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.