ESOP · DOL Form 5500 · 2023

Adman Electric, Inc. ESOP

Data updated 2026-08-25

$21M
Total assets Small plan by assets
32
Participants Small participant base
74th
Percentile by assets National rank
$656,875
Avg per participant High balance/head
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Official DOL plan name: Adman Electric, Inc. Employee Stock Ownership Plan · Sponsored by Adman Electric, Inc. · Tennessee · Construction

$21M in assets, 32 participants

Adman Electric, Inc.'s Adman Electric, Inc. Employee Stock Ownership Plan reported $21M in total assets and 32 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #6,516 in Construction (9,030 peers)

Adman Electric, Inc. multi-year trail

Adman Electric, Inc.'s plans moved +201.8% in assets from 2022 to 2024; this filing shows Adman Electric, Inc. Employee Stock Ownership Plan at $21M / 32 participants.

#6,516
in Construction (9,030 peers)
+120.6%
assets growth YoY

Adman Electric, Inc. Employee Stock Ownership Plan's outsized position by total assets

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

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

$21,020,000 Top 26% higher than 74% 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

Adman 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. Adman 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

  • Adman Electric, Inc. Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Adman Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Adman Electric, Inc. Employee Stock Ownership Plan reported participants rose from 30 in the plan year 2022 filing to 32 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 620940456 · Adman Electric, Inc. PY 2023 · ESOP

Adman Electric, Inc. Employee Stock Ownership Plan · $21M · 32 · 74th

  • NET $21M
  • NET 32
  • NET 74th
  • NET ESOP
  • NET near Underground Systems, Inc. Employee Stock Ownership Plan
  • NET ind #6516

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 Tennessee →

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

Synergi Employee Stock Ownership PlanSynergi Employee Stock Owner…$21MDas Employee Stock Ownership PlanDas Employee Stock Ownership…$21MAdman Electric, Inc. Employee Stock Ownership PlanAdman Electric, Inc. Employe…$21MUnderground Systems, Inc. Employee Stock Ownership PlanUnderground Systems, Inc. Em…$21MKretz Lumber Co., Inc. Employee Stock Ownership PlanKretz Lumber Co., Inc. Emplo…$21M
End-of-year total assets ($M) among Adman Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Adman Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$29M 201.82519412381953% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $9.53M $28.8M ▲ +201.8%
Year Plans Participants Total Assets
2022 1 30 $10M
2023 1 32 $21M
2024 1 32 $29M

Adman Electric, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$21M
Net Income$11M
Employer EIN620940456
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Tennessee

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

Adman Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 0100200300400500 Total assets ($M) Participants Adman Electric, Inc. Employee Stock Ownership Plan, Total assets ($M): 21.02 · Participants: 32Adman Electric, Inc. Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 426.710102 · Participants: 401Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 221.11771 · Participants: 190Zander Group Holdings, Inc. Employee Stock Ownership PlanNational Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 144.306423 · Participants: 1470National Health Corp Leveraged Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 133.506002 · Participants: 4243ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.459001 · Participants: 483Smith Seckman Reid, Inc. Employee Stock Ownership Plan
Adman Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Adman Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest ESOP by assets is Underground Systems, Inc. Employee Stock Ownership Plan in CT ($21M); 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 Adman Electric, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Adman Electric, Inc. Employee Stock Ownership Plan surged - up 120.6% during 2023, from $10M to $21M. Reported net income was $11M.
How have Adman Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Adman Electric, Inc.'s sponsor-wide assets grew 201.8%, from $10M to $29M.
Which ESOP plans are similar in size to Adman Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Underground Systems, Inc. Employee Stock Ownership Plan in CT ($21M, 41 participants).
Which ESOP plans cover a similar participant headcount to Adman 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 620940456.

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.