ESOP · DOL Form 5500 · 2023

Adman Electric, Inc. ESOP

Data updated 2026-08-11

$21M
Total assets
32
Participants
74th
Percentile by assets
$656,875
Avg per participant
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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.

  • 74th percentile by assets (of 127,072 plans)
  • #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.

$21M
total plan assets (2023 EOY)
32
covered participants
74th
percentile by assets (of 127,072 plans)
$656,875
avg assets per participant

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 →

State
Industry

Adman Electric, Inc. across 3 plan years on file

Across the 3 plan years Adman Electric, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $10M to $29M, a gain of 201.8%, while reported participants moved from 30 to 32 (+6.7%). Peak year by sponsor assets: 2024 ($29M); trough: 2022 ($10M).

Adman Electric, Inc. multi-year asset trail

$0M$10M$20M$30M$40M 202220232024 $9.53M $28.8M ▲ +201.8%
Total plan assets by year, all Adman Electric, Inc. plans on file
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

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.…Barr Brands Internat…Zander Group Holding…National Health Corp…3ls, Inc. Employee S…Smith Seckman Reid, …
Adman Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Adman Electric, Inc. Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Adman Electric, Inc. Employee Stock Owne…

Multi-year trail

Ways to act on Adman Electric, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Adman Electric, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
  • Adman Electric, Inc.'s sponsor-wide assets have grown 201.8% since 2022 across 3 plan years on file. More Construction plans