ESOP · DOL Form 5500 · 2023

Beacon Electric Company ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
109
Participants Small participant base
47th
Percentile by assets National rank
$52,706
Avg per participant Low balance/head
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Official DOL plan name: Beacon Electric Company Employee Stock Ownership Plan · Sponsored by Beacon Electric Company · Ohio · Construction

$6M in assets, 109 participants

Beacon Electric Company's Beacon Electric Company Employee Stock Ownership Plan reported $6M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #4,078 in Construction (9,030 peers)

Coverage in Ohio

Beacon Electric Company Employee Stock Ownership Plan covers 109 participants in Ohio, about 14% of the average Ohio filer (state average ~765 per filing). Assets: $6M.

#4,078
in Construction (9,030 peers)
+687.0%
assets growth YoY

Beacon Electric Company Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Beacon Electric Company Employee Stock Ownership Plan vs every filed plan by assets

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

$5,745,000 47th percentile higher than 47% 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

Beacon Electric Company Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Beacon Electric Company Employee Stock Ownership Plan sits mid-pack in the medium band (109 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beacon Electric Company Employee Stock Ownership Plan reported net income rose from $116K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Beacon Electric Company Employee Stock Ownership Plan end-of-year assets rose from $730K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Beacon Electric Company Employee Stock Ownership Plan reported participants fell from 121 in the plan year 2022 filing to 109 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311058353 · Beacon Electric Company PY 2023 · ESOP

Beacon Electric Company Employee Stock Ownership Plan · $6M · 109 · 47th

  • EOY $6M
  • EOY 109
  • EOY 47th
  • EOY ESOP
  • EOY near The Cmi Group, Inc Employee Stock Ownership Plan
  • EOY ind #4078

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 Ohio →

Beacon Electric Company Employee Stock Ownership Plan in the asset neighbourhood

Beacon Electric Company Employee Stock Ownership PlanBeacon Electric Company Empl…$6MAmerican Asphalt Employee Stock Ownership PlanAmerican Asphalt Employee St…$6MNeighborhood Ltc Pharmacy, Inc. Employee Stock Ownership PlanNeighborhood Ltc Pharmacy, I…$6MPittsburgh Air Systems, Inc Employee Stock Ownership PlanPittsburgh Air Systems, Inc …$6MThe Cmi Group, Inc Employee Stock Ownership PlanThe Cmi Group, Inc Employee …$6M
End-of-year total assets ($M) among Beacon Electric Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$730K
Net Assets (End of Year)-$11M
Net Income$5M
Employer EIN311058353
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beacon Electric Company)

Sponsor-wide plan assets over time

All Beacon Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$22M 146.11197416115925% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $9.11M $22.4M ▲ +146.2%
Year Plans Participants Total Assets
2022 2 241 $9M
2023 2 220 $14M
2024 2 230 $22M

Nearby ESOP Plans in Ohio

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

Beacon Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Beacon Electric Company Employee Stock Ownership Plan, Total assets ($B): 0.005745 · Participants: 109Beacon Electric Company Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Beacon Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Beacon Electric Company Employee Stock Ownership Plan side-by-side with 3 peers →

Beacon Electric Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is The Cmi Group, Inc Employee Stock Ownership Plan in TX ($6M); by covered participants it is Blue Ridge Employees Stock Ownership Plan in MO (109 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (109 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 Beacon Electric Company Employee Stock Ownership Plan assets move in 2023? ▼
Beacon Electric Company Employee Stock Ownership Plan surged - up 687.0% during 2023, from $730K to $6M. Reported net income was $5M.
How have Beacon Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beacon Electric Company's sponsor-wide assets grew 146.1%, from $9M to $22M.
Which ESOP plans are similar in size to Beacon Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Cmi Group, Inc Employee Stock Ownership Plan in TX ($6M, 292 participants).
Which ESOP plans cover a similar participant headcount to Beacon Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Blue Ridge Employees Stock Ownership Plan in MO (109 participants, $3M 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 311058353.

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.