ESOP · DOL Form 5500 · 2023

Baker Electric, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
277
Participants Below avg headcount
64th
Percentile by assets National rank
$46,967
Avg per participant Low balance/head
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Official DOL plan name: Baker Electric Employee Stock Ownership Plan · Sponsored by Baker Electric, Inc. · California · Construction

$13M in assets, 277 participants

Baker Electric, Inc.'s Baker Electric Employee Stock Ownership Plan reported $13M in total assets and 277 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #5,663 in Construction (9,030 peers)

Coverage in California

Baker Electric Employee Stock Ownership Plan covers 277 participants in California, about 44% of the average California filer (state average ~630 per filing). Assets: $13M.

#5,663
in Construction (9,030 peers)
+153.6%
assets growth YoY

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

Baker Electric Employee Stock Ownership Plan vs every filed plan by assets

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

$13,009,929 Top 36% higher than 64% 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

Baker Electric 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. Baker Electric Employee Stock Ownership Plan sits mid-pack in the medium band (277 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Baker Electric Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Baker Electric Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Baker Electric Employee Stock Ownership Plan reported participants fell from 475 in the plan year 2022 filing to 277 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 951853701 · Baker Electric, Inc. PY 2023 · ESOP

Baker Electric Employee Stock Ownership Plan · $13M · 277 · 64th

  • VS-ST $13M
  • BOY 277
  • SCH 64th
  • EBSA ESOP
  • PART near Gmi Corporation, Inc. Employee Stock Ownership Plan
  • TYPE ind #5663

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 California →

Baker Electric Employee Stock Ownership Plan in the asset neighbourhood

Ryco Inc. Employee Stock Ownership PlanRyco Inc. Employee Stock Own…$13MLibra Industries, Inc. of Michigan Employee Stock Ownership PlanLibra Industries, Inc. of Mi…$13MBaker Electric Employee Stock Ownership PlanBaker Electric Employee Stoc…$13MGmi Corporation, Inc. Employee Stock Ownership PlanGmi Corporation, Inc. Employ…$13MWalker Mechanical Contractors, Inc. Employee Stock Ownership PlanWalker Mechanical Contractor…$13M
End-of-year total assets ($M) among Baker Electric Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)-$54M
Net Income$10M
Employer EIN951853701
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baker Electric, Inc.)

Sponsor-wide plan assets over time

All Baker Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$68M 295.0871283999853% vs 2022
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $17.3M $68.2M ▲ +295.1%
Year Plans Participants Total Assets
2022 2 755 $17M
2023 2 571 $29M
2024 2 567 $68M

Nearby ESOP Plans in California

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

Baker Electric Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Baker Electric Employee Stock Ownership Plan, Total assets ($B): 0.013009929 · Participants: 277Baker Electric Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Baker Electric Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Baker Electric Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Gmi Corporation, Inc. Employee Stock Ownership Plan in IN ($13M); by covered participants it is Ownersedge Employee Stock Ownership Plan in WI (277 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (277 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 Baker Electric Employee Stock Ownership Plan assets move in 2023? ▼
Baker Electric Employee Stock Ownership Plan surged - up 153.6% during 2023, from $5M to $13M. Reported net income was $10M.
How have Baker Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Baker Electric, Inc.'s sponsor-wide assets grew 295.1%, from $17M to $68M.
Which ESOP plans are similar in size to Baker Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Gmi Corporation, Inc. Employee Stock Ownership Plan in IN ($13M, 89 participants).
Which ESOP plans cover a similar participant headcount to Baker Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Ownersedge Employee Stock Ownership Plan in WI (277 participants, $76M 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 951853701.

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.