ESOP · DOL Form 5500 · 2023

Glenwood Electric, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
139
Participants Small participant base
64th
Percentile by assets National rank
$94,597
Avg per participant Below avg balance/head
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Official DOL plan name: Glenwood Electric, Inc. Employee Stock Ownership Plan · Sponsored by Glenwood Electric, Inc. · Kentucky · Construction

$13M in assets, 139 participants

Glenwood Electric, Inc.'s Glenwood Electric, Inc. Employee Stock Ownership Plan reported $13M in total assets and 139 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.

  • #5,685 in Construction (9,030 peers)

Coverage in Kentucky

Glenwood Electric, Inc. Employee Stock Ownership Plan covers 139 participants in Kentucky, about 21% of the average Kentucky filer (state average ~647 per filing). Assets: $13M.

#5,685
in Construction (9,030 peers)
+133.0%
assets growth YoY

Glenwood Electric, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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

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

$13,149,000 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

Glenwood Electric, Inc. 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. Glenwood Electric, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (139 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Glenwood Electric, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Glenwood Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Glenwood Electric, Inc. Employee Stock Ownership Plan reported participants rose from 109 in the plan year 2022 filing to 139 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 310913270 · Glenwood Electric, Inc. PY 2023 · ESOP

Glenwood Electric, Inc. Employee Stock Ownership Plan · $13M · 139 · 64th

  • RANK $13M
  • RANK 139
  • RANK 64th
  • RANK ESOP
  • RANK near Mel Foster Company Employee Stock Ownership Plan
  • RANK ind #5685

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 →

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

Mclaren Technical Services, Inc. Employee Stock Ownership PlanMclaren Technical Services, …$13MGlenwood Electric, Inc. Employee Stock Ownership PlanGlenwood Electric, Inc. Empl…$13MMel Foster Company Employee Stock Ownership PlanMel Foster Company Employee …$13MScilucent, Inc. Employee Stock Ownership PlanScilucent, Inc. Employee Sto…$13MBcp Securities, Inc. Employee Stock Ownership PlanBcp Securities, Inc. Employe…$13M
End-of-year total assets ($M) among Glenwood Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)-$9M
Net Income$8M
Employer EIN310913270
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glenwood Electric, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$29M 419.65038100301257% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $5.64M $29.3M ▲ +419.9%
Year Plans Participants Total Assets
2022 1 109 $6M
2023 1 139 $13M
2024 1 138 $29M

Nearby ESOP Plans in Kentucky

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

Glenwood Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -10123 Total assets ($B) Participants Glenwood Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.013149 · Participants: 139Glenwood Electric, Inc. 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
Glenwood Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants
Compare Glenwood Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest ESOP by assets is Mel Foster Company Employee Stock Ownership Plan in MN ($13M); by covered participants it is Poblocki Paving Corp. Employee Stock Ownership Plan in WI (139 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (139 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 Glenwood Electric, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Glenwood Electric, Inc. Employee Stock Ownership Plan surged - up 133.0% during 2023, from $6M to $13M. Reported net income was $8M.
How have Glenwood Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Glenwood Electric, Inc.'s sponsor-wide assets grew 419.7%, from $6M to $29M.
Which ESOP plans are similar in size to Glenwood Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mel Foster Company Employee Stock Ownership Plan in MN ($13M, 55 participants).
Which ESOP plans cover a similar participant headcount to Glenwood Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Poblocki Paving Corp. Employee Stock Ownership Plan in WI (139 participants, $25M 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 310913270.

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.