ESOP · DOL Form 5500 · 2023

Torgeson Electric Co., Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
89
Participants
62nd
Percentile by assets
$130,367
Avg per participant
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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.

  • 62nd percentile by assets (of 127,072 plans)
  • #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.

$12M
total plan assets (2023 EOY)
89
covered participants
62nd
percentile by assets (of 127,072 plans)
$130,367
avg assets per participant

Where Torgeson Electric Company Employee Stock Ownership Plan sits by total assets

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 $2,010,000,000 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

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 →

State
Kansas
Industry
Construction

Torgeson Electric Co., Inc. across 3 plan years on file

Across the 3 plan years Torgeson Electric Co., Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $19M to $27M, a gain of 37.4%, while reported participants moved from 221 to 226 (+2.3%). Peak year by sponsor assets: 2024 ($27M); trough: 2022 ($19M).

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

$15M$20M$25M$30M 202220232024 $19.3M $26.6M ▲ +37.4%
Total plan assets by year, all Torgeson Electric Co., Inc. plans on file
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 ($M) Participants Torgeson Electric Co…, Total assets ($M): 11.602657 · Participants: 89Torgeson Electric Co…Pbi-Gordon Companies…, Total assets ($M): 358.733267 · Participants: 488Pbi-Gordon Companies…Harcros Chemicals, I…, Total assets ($M): 296.082944 · Participants: 549Harcros Chemicals, I…Mmc Corp Employee St…, Total assets ($M): 239.968034 · Participants: 754Mmc Corp Employee St…Globe Engineering Co…, Total assets ($M): 136.184991 · Participants: 236Globe Engineering Co…Inland Truck Parts C…, Total assets ($M): 98.736189 · Participants: 665Inland Truck Parts C…
Torgeson Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants
Compare Torgeson Electric Company Employee Stock… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

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).

Next read for Torgeson Electric Company Employee Stock…

Multi-year trail

Ways to act on Torgeson Electric Company Employee Stock Ownership Plan's numbers.

  • By total assets, Torgeson Electric Company 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 Kansas. Compare plans
  • Torgeson Electric Co., Inc.'s sponsor-wide assets have grown 37.4% since 2022 across 3 plan years on file. More Construction plans

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.