ESOP · DOL Form 5500 · 2023
Gruendl, Inc. ESOP
Data updated 2026-08-11
- $814K
- Total assets
- 18
- Participants
- 22nd
- Percentile by assets
- $45,226
- Avg per participant
Official DOL plan name: Ray's Electric Employee Stock Ownership Plan · Sponsored by Gruendl, Inc. · California · Construction
$814K in assets, 18 participants
Gruendl, Inc.'s Ray's Electric Employee Stock Ownership Plan reported $814K in total assets and 18 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.
- 22nd percentile by assets (of 127,072 plans)
- #1,812 in Construction (9,030 peers)
2023 asset change
Ray's Electric Employee Stock Ownership Plan pulled back noticeably 9.6% in 2023 ($901K → $814K) for 18 participants.
- $814K
- total plan assets (2023 EOY)
- 18
- covered participants
- 22nd
- percentile by assets (of 127,072 plans)
- $45,226
- avg assets per participant
Where Ray's Electric Employee Stock Ownership Plan sits by total assets
Ray's Electric Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$814,075 22nd percentile higher than 22% of 127,068 filed plans
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
- Ray's Electric Employee Stock Ownership Plan reported net income rose from -$3M in the plan year 2022 filing to $57K in the plan year 2023 filing.
- Ray's Electric Employee Stock Ownership Plan end-of-year assets fell from $901K in the plan year 2022 filing to $814K in the plan year 2023 filing.
2023 asset move for Ray's Electric Employee Stock Ownership Plan
Year over year, total assets pulled back noticeably from $901K at the start of 2023 to $814K at year-end (down 9.6%). Net assets closed at -$3M; reported net income $57K.
Gruendl, Inc. years around the 2023 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 18 | $901K |
| 2023 | 1 | 18 | $814K |
| 2024 | 1 | 17 | $986K |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $901K |
|---|---|
| Net Assets (End of Year) | -$3M |
| Net Income | $57K |
| Employer EIN | 943106593 |
| Plan Effective Date | 2022-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in California
Peer ESOP plans, same state, same plan type, ranked by total assets.
Ray's Electric Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
- Parsons Employee Stock Ownership Plan $3.8B · 7,871
- Acco Employee Stock Ownership Plan $1.4B · 1,397
- Rosendin Electric, Inc. Employee Stock Ownership Plan $1.1B · 1,700
- Agron, Inc. Employee Stock Ownership Plan $533M · 72
- Recology Employee Stock Ownership Plan $497M · 3,656
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Ray's Electric Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Ray's Electric Employee Stock Ownership Plan assets move in 2023? ▼
How have Gruendl, Inc. plan assets changed over time? ▼
Where does Ray's Electric Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Ray's Electric Employee Stock Ownership Plan? ▼
Next read for Ray's Electric Employee Stock Ownership …
2023 change
Ways to act on Ray's Electric Employee Stock Ownership Plan's numbers.
- By total assets, Ray's Electric Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
- Gruendl, Inc.'s sponsor-wide assets have grown 9.5% since 2022 across 3 plan years on file. More Construction plans