ESOP · DOL Form 5500 · 2023

Art's Electric, Inc. ESOP

Data updated 2026-08-25

$17M
Total assets Small plan by assets
173
Participants Small participant base
69th
Percentile by assets National rank
$96,523
Avg per participant Below avg balance/head
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Official DOL plan name: Art's Electric Employee Stock Ownership Plan · Sponsored by Art's Electric, Inc. · Kentucky · Construction

$17M in assets, 173 participants

Art's Electric, Inc.'s Art's Electric Employee Stock Ownership Plan reported $17M in total assets and 173 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,133 in Construction (9,030 peers)

Coverage in Kentucky

Art's Electric Employee Stock Ownership Plan covers 173 participants in Kentucky, about 27% of the average Kentucky filer (state average ~647 per filing). Assets: $17M.

#6,133
in Construction (9,030 peers)
+7.9%
assets growth YoY

Art's Electric Employee Stock Ownership Plan's outsized position by total assets

Art's Electric Employee Stock Ownership Plan vs every filed plan by assets

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

$16,698,545 Top 31% higher than 69% 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

Art's 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. Art's Electric Employee Stock Ownership Plan sits mid-pack in the medium band (173 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Art's Electric Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Art's Electric Employee Stock Ownership Plan reported participants rose from 154 in the plan year 2022 filing to 173 in the plan year 2023 filing.
  • Art's Electric Employee Stock Ownership Plan end-of-year assets rose from $15M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 610716938 · Art's Electric, Inc. PY 2023 · ESOP

Art's Electric Employee Stock Ownership Plan · $17M · 173 · 69th

  • EIN $17M
  • RANK 173
  • PHOTO 69th
  • IND ESOP
  • EOY near Lincoln Bancorp Employee Stock Ownership Plan
  • 5500 ind #6133

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 Kentucky →

Art's Electric Employee Stock Ownership Plan in the asset neighbourhood

D & S Manufacturing Company, Inc. Employee Stock Ownership PlanD & S Manufacturing Company,…$17MArt's Electric Employee Stock Ownership PlanArt's Electric Employee Stoc…$17MLincoln Bancorp Employee Stock Ownership PlanLincoln Bancorp Employee Sto…$17MPacific Utility Installation, Inc. Employee Stock Ownership PlanPacific Utility Installation…$17MElson Electric Employee Stock Ownership PlanElson Electric Employee Stoc…$17M
End-of-year total assets ($M) among Art's Electric Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN610716938
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Art's Electric, Inc.)

Sponsor-wide plan assets over time

All Art's Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 32.11254454598209% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.3M $29.5M ▲ +32.1%
Year Plans Participants Total Assets
2022 2 336 $22M
2023 2 345 $25M
2024 2 338 $29M

Nearby ESOP Plans in Kentucky

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

Art's Electric Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -10123 Total assets ($B) Participants Art's Electric Employee Stock Ownership Plan, Total assets ($B): 0.016698545 · Participants: 173Art's Electric Employee Stock Ownership PlanHouchens Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.325722921 · Participants: 6764Houchens Industries, Inc. Employee Stock Ownership PlanStock Yards Bank & Trust Company 401(k) Employee, Total assets ($B): 0.14680249 · Participants: 1080Stock Yards Bank & Trust Company 401(k) EmployeeGray, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.126524729 · Participants: 1362Gray, Inc. Employee Stock Ownership PlanH & R Agri-Power Employee Stock Ownership Plan, Total assets ($B): 0.104682343 · Participants: 489H & R Agri-Power Employee Stock Ownership PlanKentuckiana Comfort Center, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.094072192 · Participants: 650Kentuckiana Comfort Center, Inc. Employee Stock Ownership Plan
Art's Electric Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants
Compare Art's Electric Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest ESOP by assets is Lincoln Bancorp Employee Stock Ownership Plan in IA ($17M); by covered participants it is Gha Technologies, Inc. Employee Stock Ownership Plan in AZ (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Art's Electric Employee Stock Ownership Plan assets move in 2023? ▼
Art's Electric Employee Stock Ownership Plan grew at a solid clip - up 7.9% during 2023, from $15M to $17M. Reported net income was $3M.
How have Art's Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Art's Electric, Inc.'s sponsor-wide assets grew 32.1%, from $22M to $29M.
Which ESOP plans are similar in size to Art's Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lincoln Bancorp Employee Stock Ownership Plan in IA ($17M, 382 participants).
Which ESOP plans cover a similar participant headcount to Art's Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Gha Technologies, Inc. Employee Stock Ownership Plan in AZ (173 participants, $26M 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 610716938.

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.