ESOP · DOL Form 5500 · 2023

American Electric Supply, Inc. ESOP

Data updated 2026-08-11

$10M
Total assets
79
Participants
59th
Percentile by assets
$128,998
Avg per participant
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Official DOL plan name: American Electric Supply, Inc. Employee Stock Ownership Plan · Sponsored by American Electric Supply, Inc. · California · Wholesale Trade

$10M in assets, 79 participants

American Electric Supply, Inc.'s American Electric Supply, Inc. Employee Stock Ownership Plan reported $10M in total assets and 79 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • 59th percentile by assets (of 127,072 plans)
  • #3,210 in Wholesale Trade (6,309 peers)

2023 asset change

American Electric Supply, Inc. Employee Stock Ownership Plan pulled back noticeably 9.5% in 2023 ($11M → $10M) for 79 participants.

$10M
total plan assets (2023 EOY)
79
covered participants
59th
percentile by assets (of 127,072 plans)
$128,998
avg assets per participant

The plan reported a net loss of $687K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Electric Supply, Inc. Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to -$687K in the plan year 2023 filing.
  • American Electric Supply, Inc. Employee Stock Ownership Plan end-of-year assets fell from $11M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • American Electric Supply, Inc. Employee Stock Ownership Plan reported participants fell from 82 in the plan year 2022 filing to 79 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

2023 asset move for American Electric Supply, Inc. Employee Stock Ownership Plan

Year over year, total assets pulled back noticeably from $11M at the start of 2023 to $10M at year-end (down 9.5%). Net assets closed at $9M; reported net income -$687K.

American Electric Supply, Inc. years around the 2023 move

$10M$10.5M$11M$11.5M 202220232024 $11.3M $11M ▼ -2.1%
Total plan assets by year, all American Electric Supply, Inc. plans on file
Year Plans Participants Total Assets
2022 1 82 $11M
2023 1 79 $10M
2024 1 81 $11M

2023 asset-move particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$9M
Net Income-$687K
Employer EIN330058413
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

American Electric Supply, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

American Electric Supply, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants American Electric Su…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Agron, Inc. Employee…Recology Employee St…
American Electric Supply, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did American Electric Supply, Inc. Employee Stock Ownership Plan assets move in 2023?
American Electric Supply, Inc. Employee Stock Ownership Plan pulled back noticeably - down 9.5% during 2023, from $11M to $10M. Reported net income was -$687K.
How have American Electric Supply, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), American Electric Supply, Inc.'s sponsor-wide assets declined 2.1%, from $11M to $11M.
Which ESOP plans are similar in size to American Electric Supply, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Medicalodges, Inc. Employee Stock Ownership Plan in KS ($10M, 875 participants).

Next read for American Electric Supply, Inc. Employee …

2023 change

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

  • By total assets, American Electric Supply, 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 California. Compare plans
  • American Electric Supply, Inc.'s sponsor-wide assets have declined 2.1% since 2022 across 3 plan years on file. More Wholesale Trade plans