ESOP · DOL Form 5500 · 2023

Torgeson Electric Co., Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
89
Participants Small participant base
62nd
Percentile by assets National rank
$130,367
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Torgeson Electric Company Employee Stock Ownership Plan · Sponsored by Torgeson Electric Co., Inc. · Kansas · Construction

$12M in assets, 89 participants

Torgeson Electric Co., Inc.'s Torgeson Electric Company Employee Stock Ownership Plan reported $12M in total assets and 89 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #5,451 in Construction (9,030 peers)

Torgeson Electric Co., Inc. multi-year trail

Torgeson Electric Co., Inc.'s plans moved +37.4% in assets from 2022 to 2024; this filing shows Torgeson Electric Company Employee Stock Ownership Plan at $12M / 89 participants.

#5,451
in Construction (9,030 peers)
+16.6%
assets growth YoY

Torgeson Electric Company Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Torgeson Electric Company Employee Stock Ownership Plan vs every filed plan by assets

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

$11,602,657 Top 38% higher than 62% 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

Torgeson Electric Company 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. Torgeson Electric Company Employee Stock Ownership Plan is a small filing (89 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Torgeson Electric Company Employee Stock Ownership Plan reported net income rose from $430K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Torgeson Electric Company Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Torgeson Electric Company Employee Stock Ownership Plan reported participants fell from 103 in the plan year 2022 filing to 89 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 480891707 · Torgeson Electric Co., Inc. PY 2023 · ESOP

Torgeson Electric Company Employee Stock Ownership Plan · $12M · 89 · 62nd

  • EBSA $12M
  • PART 89
  • TYPE 62nd
  • NET ESOP
  • BOOK near R3 Employee Stock Ownership Plan
  • VS-ST ind #5451

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 Kansas →

Torgeson Electric Company Employee Stock Ownership Plan in the asset neighbourhood

Granco Clark Employee Stock Ownership PlanGranco Clark Employee Stock …$12MPose Group, Inc. Employee Stock Ownership PlanPose Group, Inc. Employee St…$12MTorgeson Electric Company Employee Stock Ownership PlanTorgeson Electric Company Em…$12MR3 Employee Stock Ownership PlanR3 Employee Stock Ownership …$12MRamey Kemp & Associates, Inc. Employee Stock Ownership PlanRamey Kemp & Associates, Inc…$12M
End-of-year total assets ($M) among Torgeson Electric Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Torgeson Electric Co., Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Torgeson Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 37.445560421292996% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.3M $26.6M ▲ +37.4%
Year Plans Participants Total Assets
2022 2 221 $19M
2023 2 209 $23M
2024 2 226 $27M

Torgeson Electric Co., Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN480891707
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Kansas

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

Torgeson Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants Scatter plot of 6 data points. 0200400600800 -1000100200300400 Total assets ($M) Participants Torgeson Electric Company Employee Stock Ownership Plan, Total assets ($M): 11.602657 · Participants: 89Torgeson Electric Company Employee Stock Ownership PlanPbi-Gordon Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 358.733267 · Participants: 488Pbi-Gordon Companies, Inc. Employee Stock Ownership PlanHarcros Chemicals, Inc. Employee Stock Ownership Plan, Total assets ($M): 296.082944 · Participants: 549Harcros Chemicals, Inc. Employee Stock Ownership PlanMmc Corp Employee Stock Ownership Plan, Total assets ($M): 239.968034 · Participants: 754Mmc Corp Employee Stock Ownership PlanGlobe Engineering Co Inc Employee Stock Ownership Plan and Trust, Total assets ($M): 136.184991 · Participants: 236Globe Engineering Co Inc Employee Stock Ownership Plan and TrustInland Truck Parts Company Employee Stock Ownership Plan and Trust, Total assets ($M): 98.736189 · Participants: 665Inland Truck Parts Company Employee Stock Ownership Plan and Trust
Torgeson Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants
Compare Torgeson Electric Company Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Kansas, the nearest ESOP by assets is R3 Employee Stock Ownership Plan in CA ($12M); by covered participants it is Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust in MN (89 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (89 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 Torgeson Electric Company Employee Stock Ownership Plan assets move in 2023? ▼
Torgeson Electric Company Employee Stock Ownership Plan grew sharply - up 16.6% during 2023, from $10M to $12M. Reported net income was $2M.
How have Torgeson Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Torgeson Electric Co., Inc.'s sponsor-wide assets grew 37.4%, from $19M to $27M.
Which ESOP plans are similar in size to Torgeson Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is R3 Employee Stock Ownership Plan in CA ($12M, 153 participants).
Which ESOP plans cover a similar participant headcount to Torgeson Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust in MN (89 participants, $84M 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 480891707.

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.