ESOP · DOL Form 5500 · 2023

Gruendl, Inc. ESOP

Data updated 2026-08-25

$814K
Total assets Small plan by assets
18
Participants Small participant base
22nd
Percentile by assets National rank
$45,226
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#1,812
in Construction (9,030 peers)
-9.6%
assets change YoY

Ray's Electric Employee Stock Ownership Plan among the smaller filed plans by 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

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

Ray's Electric 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. Ray's Electric Employee Stock Ownership Plan is a small filing (18 participants) on this national headcount ladder.

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 943106593 · Gruendl, Inc. PY 2023 · ESOP

Ray's Electric Employee Stock Ownership Plan · $814K · 18 · 22nd

  • RANK $814K
  • PHOTO 18
  • IND 22nd
  • EOY ESOP
  • 5500 near Delcrest Medical Services, Inc. Employee Stock Ownership Plan
  • ASSETS ind #1812

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 California →

Ray's Electric Employee Stock Ownership Plan in the asset neighbourhood

Nge Employee Stock Ownership PlanNge Employee Stock Ownership…$815KRay's Electric Employee Stock Ownership PlanRay's Electric Employee Stoc…$814KDelcrest Medical Services, Inc. Employee Stock Ownership PlanDelcrest Medical Services, I…$815KQuantum Controls, Inc. Employee Stock Ownership PlanQuantum Controls, Inc. Emplo…$815KBusiness Transition Advisors, Inc. Employee Stock Ownership Plan and TrustBusiness Transition Advisors…$810K
End-of-year total assets ($M) among Ray's Electric Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Gruendl, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Gruendl, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$986K 9.529356244621493% vs 2022
2024 filing year
$0.7M$0.8M$0.9M$1M$1.1M 202220232024 $0.9M $0.99M ▲ +10.0%
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 EIN943106593
Plan Effective Date2022-01-01
Filing StatusFILING 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 Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Ray's Electric Employee Stock Ownership Plan, Total assets ($B): 0.000814075 · Participants: 18Ray's Electric Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Ray's Electric Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Ray's Electric Employee Stock Ownership Plan side-by-side with 3 peers →

Ray's Electric Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Delcrest Medical Services, Inc. Employee Stock Ownership Plan in PA ($815K); by covered participants it is Endpoint Solutions Corp. Employee Stock Ownership Plan in WI (18 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (18 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 Ray's Electric Employee Stock Ownership Plan assets move in 2023? ▼
Ray's Electric Employee Stock Ownership Plan pulled back noticeably - down 9.6% during 2023, from $901K to $814K. Reported net income was $57K.
How have Gruendl, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gruendl, Inc.'s sponsor-wide assets grew 9.5%, from $901K to $986K.
Where does Ray's Electric Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Ray's Electric Employee Stock Ownership Plan ranks in the 22nd 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 Ray's Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Delcrest Medical Services, Inc. Employee Stock Ownership Plan in PA ($815K, 19 participants).
Which ESOP plans cover a similar participant headcount to Ray's Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Endpoint Solutions Corp. Employee Stock Ownership Plan in WI (18 participants, $1M 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 943106593.

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.