ESOP · DOL Form 5500 · 2023

Beaudoin Electrical Construction, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
24
Participants Small participant base
32nd
Percentile by assets National rank
$98,765
Avg per participant Below avg balance/head
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Official DOL plan name: Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan · Sponsored by Beaudoin Electrical Construction, Inc. · Michigan · Construction

$2M in assets, 24 participants

Beaudoin Electrical Construction, Inc.'s Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan reported $2M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.

  • #2,740 in Construction (9,030 peers)

Beaudoin Electrical Construction, Inc. multi-year trail

Beaudoin Electrical Construction, Inc.'s plans moved +16.5% in assets from 2022 to 2024; this filing shows Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan at $2M / 24 participants.

#2,740
in Construction (9,030 peers)
+98.2%
assets growth YoY

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,370,348 32nd percentile higher than 32% 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

Beaudoin Electrical Construction, 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. Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan reported participants fell from 25 in the plan year 2022 filing to 24 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381990774 · Beaudoin Electrical Construction, Inc. PY 2023 · ESOP

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan · $2M · 24 · 32nd

  • SCH $2M
  • EBSA 24
  • PART 32nd
  • TYPE ESOP
  • NET near Placeworks, Inc. Employee Stock Ownership Plan
  • BOOK ind #2740

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 Michigan →

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Beaudoin Electrical Construction, Inc. Employee Stock Ownership PlanBeaudoin Electrical Construc…$2MPlaceworks, Inc. Employee Stock Ownership PlanPlaceworks, Inc. Employee St…$2MFieldman, Rolapp & Associates, Inc. Employee Stock Ownership PlanFieldman, Rolapp & Associate…$2MLyon Video, Inc. Employee Stock Ownership PlanLyon Video, Inc. Employee St…$2MBlackburn Consulting Employee Stock Ownership PlanBlackburn Consulting Employe…$2M
End-of-year total assets ($M) among Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Beaudoin Electrical Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Beaudoin Electrical Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 16.5387510835799% vs 2022
2024 filing year
$5M$6M$7M$8M 202220232024 $5.47M $6.38M ▲ +16.6%
Year Plans Participants Total Assets
2022 2 52 $5M
2023 2 50 $7M
2024 2 47 $6M

Beaudoin Electrical Construction, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$146K
Net Income$1M
Employer EIN381990774
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.5 Total assets ($B) Participants Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.002370348 · Participants: 24Beaudoin Electrical Construction, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Placeworks, Inc. Employee Stock Ownership Plan in CA ($2M); by covered participants it is Valador, Inc. Employee Stock Bonus Plan in WV (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 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 Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan surged - up 98.2% during 2023, from $1M to $2M. Reported net income was $1M.
How have Beaudoin Electrical Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beaudoin Electrical Construction, Inc.'s sponsor-wide assets grew 16.5%, from $5M to $6M.
Which ESOP plans are similar in size to Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Placeworks, Inc. Employee Stock Ownership Plan in CA ($2M, 133 participants).
Which ESOP plans cover a similar participant headcount to Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Valador, Inc. Employee Stock Bonus Plan in WV (24 participants, N/A 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 381990774.

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.