ESOP · DOL Form 5500 · 2023

Nelco Electric, Inc. ESOP

Data updated 2026-08-25

$551K
Total assets Small plan by assets
32
Participants Small participant base
19th
Percentile by assets National rank
$17,208
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nelco Electric, Inc. Employee Stock Ownership Plan · Sponsored by Nelco Electric, Inc. · Wisconsin · Professional & Technical Services

$551K in assets, 32 participants

Nelco Electric, Inc.'s Nelco Electric, Inc. Employee Stock Ownership Plan reported $551K in total assets and 32 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #2,859 in Professional & Technical Services (20,321 peers)

Nelco Electric, Inc. multi-year trail

Nelco Electric, Inc.'s plans moved +645.5% in assets from 2022 to 2024; this filing shows Nelco Electric, Inc. Employee Stock Ownership Plan at $551K / 32 participants.

#2,859
in Professional & Technical Services (20,321 peers)
+175.3%
assets growth YoY

Nelco Electric, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Nelco Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$550,648 19th percentile higher than 19% 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

Nelco Electric, 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. Nelco Electric, Inc. Employee Stock Ownership Plan is a small filing (32 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nelco Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $200K in the plan year 2022 filing to $551K in the plan year 2023 filing.
  • Nelco Electric, Inc. Employee Stock Ownership Plan reported net income rose from $198K in the plan year 2022 filing to $379K in the plan year 2023 filing.
  • Nelco Electric, Inc. Employee Stock Ownership Plan reported participants fell from 36 in the plan year 2022 filing to 32 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 850487790 · Nelco Electric, Inc. PY 2023 · ESOP

Nelco Electric, Inc. Employee Stock Ownership Plan · $551K · 32 · 19th

  • EOY $551K
  • EOY 32
  • EOY 19th
  • EOY ESOP
  • EOY near Micro USA, Inc. Employee Stock Ownership Plan
  • EOY ind #2859

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 Wisconsin →

Nelco Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Nelco Electric, Inc. Employee Stock Ownership PlanNelco Electric, Inc. Employe…$551KMicro USA, Inc. Employee Stock Ownership PlanMicro USA, Inc. Employee Sto…$550KBabich & Associates, Inc. Employee Stock Ownership PlanBabich & Associates, Inc. Em…$549KCitizens Savings Bank & Trust Employee Stock Ownership PlanCitizens Savings Bank & Trus…$553KEdwards Group Holdings Inc. Employee Stock Ownership PlanEdwards Group Holdings Inc. …$548K
End-of-year total assets ($M) among Nelco Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Nelco Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$1M 645.5203583713303% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M$2M 202220232024 $0.2M $1.49M ▲ +645.0%
Year Plans Participants Total Assets
2022 1 36 $200K
2023 1 32 $551K
2024 1 30 $1M

Nelco Electric, Inc. filing trail (2023)

Total Assets (Beginning of Year)$200K
Net Assets (End of Year)-$447K
Net Income$379K
Employer EIN850487790
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Wisconsin

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

Nelco Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants Nelco Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000550648 · Participants: 32Nelco Electric, Inc. Employee Stock Ownership PlanSchreiber Foods, Inc. Employee Stock Ownership Plan, Total assets ($B): 3.551413763 · Participants: 6108Schreiber Foods, Inc. Employee Stock Ownership PlanWoodman's Employees' Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.700244908 · Participants: 2837Woodman's Employees' Profit Sharing and Stock Ownership PlanKi Employee Stock Ownership Plan, Total assets ($B): 0.511365241 · Participants: 1624Ki Employee Stock Ownership PlanTrachte Building Systems Employee Stock Ownership Plan, Total assets ($B): 0.331023295 · Participants: 228Trachte Building Systems Employee Stock Ownership PlanWausau Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.31506565 · Participants: 808Wausau Supply Company Employee Stock Ownership Plan
Nelco Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants
Compare Nelco Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Nelco Electric, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Wisconsin, the nearest ESOP by assets is Micro USA, Inc. Employee Stock Ownership Plan in CA ($550K); by covered participants it is Home Science Tools Employee Stock Ownership Plan in MT (32 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (32 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 Nelco Electric, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Nelco Electric, Inc. Employee Stock Ownership Plan surged - up 175.3% during 2023, from $200K to $551K. Reported net income was $379K.
How have Nelco Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nelco Electric, Inc.'s sponsor-wide assets grew 645.5%, from $200K to $1M.
Where does Nelco Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Nelco Electric, Inc. Employee Stock Ownership Plan ranks in the 19th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Nelco Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Micro USA, Inc. Employee Stock Ownership Plan in CA ($550K, 9 participants).
Which ESOP plans cover a similar participant headcount to Nelco Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Home Science Tools Employee Stock Ownership Plan in MT (32 participants, $100K 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 850487790.

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.