ESOP · DOL Form 5500 · 2022

Taft Electric Company, Inc. ESOP

Data updated 2026-08-25

$37M
Total assets Below avg plan size
164
Participants Small participant base
85th
Percentile by assets National rank
$227,047
Avg per participant Above avg balance/head
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Official DOL plan name: Taft Electric Company Employee Stock Ownership Plan · Sponsored by Taft Electric Company, Inc. · California · Construction

$37M in assets, 164 participants

Taft Electric Company, Inc.'s Taft Electric Company Employee Stock Ownership Plan reported $37M in total assets and 164 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #8,326 in Construction (9,927 peers)

Coverage in California

Taft Electric Company Employee Stock Ownership Plan covers 164 participants in California, about 26% of the average California filer (state average ~630 per filing). Assets: $37M.

#8,326
in Construction (9,927 peers)
-17.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Taft Electric Company Employee Stock Ownership Plan's outsized position by total assets

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

End-of-year total assets · plan year 2022 · DOL Form 5500

$37,235,641 Top 15% higher than 85% of 139,123 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 2022

Taft Electric Company Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Taft Electric Company Employee Stock Ownership Plan sits mid-pack in the medium band (164 participants).

Form 5500 schedule snapshot

Filing strip 770007216 · Taft Electric Company, Inc. PY 2022 · ESOP

Taft Electric Company Employee Stock Ownership Plan · $37M · 164 · 85th

  • ASSETS $37M
  • PCT 164
  • EIN 85th
  • RANK ESOP
  • PHOTO near Ke&g Construction, Inc. Employee Stock Ownership Plan
  • IND ind #8326

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 →

Taft Electric Company Employee Stock Ownership Plan in the asset neighbourhood

Bane-Welker Employee Stock Ownership PlanBane-Welker Employee Stock O…$37MTaft Electric Company Employee Stock Ownership PlanTaft Electric Company Employ…$37MKe&g Construction, Inc. Employee Stock Ownership PlanKe&g Construction, Inc. Empl…$37MIndiana Industrial Services Employee Stock Ownership PlanIndiana Industrial Services …$37MReliable Community Bancshares, Inc. Employee Stock Ownership PlanReliable Community Bancshare…$37M
End-of-year total assets ($M) among Taft Electric Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$22M
Net Income-$8M
Employer EIN770007216
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Taft Electric Company, Inc.)

Sponsor-wide plan assets over time

All Taft Electric Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$64M 32.42497541013574% vs 2022
2024 filing year
$45M$50M$55M$60M$65M$70M 202220232024 $48.3M $63.9M ▲ +32.4%
Year Plans Participants Total Assets
2022 2 321 $48M
2023 2 301 $57M
2024 2 275 $64M

Nearby ESOP Plans in California

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

Taft Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Taft Electric Company Employee Stock Ownership Plan, Total assets ($B): 0.037235641 · Participants: 164Taft Electric Company Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 2.949816013 · Participants: 7804Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.217969943 · Participants: 1318Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.994551911 · Participants: 1488Rosendin Electric, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.462005591 · Participants: 3560Recology Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.455961299 · Participants: 70Agron, Inc. Employee Stock Ownership Plan
Taft Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Taft Electric Company Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Ke&g Construction, Inc. Employee Stock Ownership Plan in AZ ($37M); by covered participants it is Al Neyer Employee Stock Ownership Plan in OH (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Taft Electric Company Employee Stock Ownership Plan assets move in 2022? ▼
Taft Electric Company Employee Stock Ownership Plan declined sharply - down 17.8% during 2022, from $45M to $37M. Reported net income was -$8M.
How have Taft Electric Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Taft Electric Company, Inc.'s sponsor-wide assets grew 32.4%, from $48M to $64M.
Where does Taft Electric Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Taft Electric Company Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Taft Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ke&g Construction, Inc. Employee Stock Ownership Plan in AZ ($37M, 361 participants).
Which ESOP plans cover a similar participant headcount to Taft Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Al Neyer Employee Stock Ownership Plan in OH (164 participants, $68M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 770007216.

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.