ESOP · DOL Form 5500 · 2023

Springfield Electric Supply Company ESOP

Data updated 2026-08-25

$739K
Total assets Small plan by assets
N/A
Participants Small participant base
21st
Percentile by assets National rank
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Official DOL plan name: Springfield Electric Supply Company Employee Stock Ownership Plan · Sponsored by Springfield Electric Supply Company · Illinois · Wholesale Trade

$739K in assets, N/A participants

Springfield Electric Supply Company's Springfield Electric Supply Company Employee Stock Ownership Plan reported $739K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 21st 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.

  • #712 in Wholesale Trade (6,309 peers)

2023 asset change

Springfield Electric Supply Company Employee Stock Ownership Plan contracted severely 89.2% in 2023 ($7M → $739K) for N/A participants.

#712
in Wholesale Trade (6,309 peers)
-89.2%
assets change YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Springfield Electric Supply Company Employee Stock Ownership Plan among the smaller filed plans by assets

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

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

$739,486 21st percentile higher than 21% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Springfield Electric Supply Company Employee Stock Ownership Plan reported net income fell from $921K in the plan year 2022 filing to -$6M in the plan year 2023 filing.
  • Springfield Electric Supply Company Employee Stock Ownership Plan reported participants fell from 329 in the plan year 2022 filing to N/A in the plan year 2023 filing.
  • Springfield Electric Supply Company Employee Stock Ownership Plan end-of-year assets fell from $7M in the plan year 2022 filing to $739K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 370739309 · Springfield Electric Supply Company PY 2023 · ESOP

Springfield Electric Supply Company Employee Stock Ownership Plan · $739K · N/A · 21st

  • EBSA $739K
  • EBSA N/A
  • EBSA 21st
  • EBSA ESOP
  • EBSA near Linco Holdings, Inc. Employee Stock Ownership Plan
  • EBSA ind #712

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 Illinois →

Springfield Electric Supply Company Employee Stock Ownership Plan in the asset neighbourhood

Springfield Electric Supply Company Employee Stock Ownership PlanSpringfield Electric Supply …$739KLinco Holdings, Inc. Employee Stock Ownership PlanLinco Holdings, Inc. Employe…$740KBrandlogic Corp Employee Stock Ownership PlanBrandlogic Corp Employee Sto…$739KTlh Enterprises, Inc. Employee Stock Ownership PlanTlh Enterprises, Inc. Employ…$741KBest Interiors, Inc. Employee Stock Ownership PlanBest Interiors, Inc. Employe…$736K
End-of-year total assets ($M) among Springfield Electric Supply Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Springfield Electric Supply Company years around the 2023 move

Sponsor-wide plan assets over time

All Springfield Electric Supply Company plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $68.9M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 4 1,041 $69M
2023 1 N/A $739K
2024 1 N/A N/A

2023 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$739K
Net Income-$6M
Employer EIN370739309
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Springfield Electric Supply Company Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Springfield Electric Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.000739486 · Participants: 0Springfield Electric Supply Company Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Springfield Electric Supply Company Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Springfield Electric Supply Company Employee Stock Ownership Plan side-by-side with 3 peers →

Springfield Electric Supply Company Employee Stock Ownership Plan's closest out-of-state ESOP peers by assets

Outside Illinois, the nearest ESOP by end-of-year assets is Linco Holdings, Inc. Employee Stock Ownership Plan in AL at $740K (this filing: $739K).

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 Springfield Electric Supply Company Employee Stock Ownership Plan assets move in 2023? ▼
Springfield Electric Supply Company Employee Stock Ownership Plan contracted severely - down 89.2% during 2023, from $7M to $739K. Reported net income was -$6M.
Where does Springfield Electric Supply Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Springfield Electric Supply Company Employee Stock Ownership Plan ranks in the 21st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Springfield Electric Supply Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Linco Holdings, Inc. Employee Stock Ownership Plan in AL ($740K, 18 participants).

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 370739309.

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.