ESOP · DOL Form 5500 · 2023

Tri-City Electrical Contractors, Inc. ESOP

Data updated 2026-08-11

$77M
Total assets
500
Participants
89th
Percentile by assets
$154,124
Avg per participant
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Official DOL plan name: Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Tri-City Electrical Contractors, Inc. · Florida · Construction

$77M in assets, 500 participants

Tri-City Electrical Contractors, Inc.'s Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust reported $77M in total assets and 500 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #7,893 in Construction (9,030 peers)

Where Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust sits by assets

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $77M for 500 participants (~$154,124/participant), up 26.6% in 2023.

$77M
total plan assets (2023 EOY)
500
covered participants
89th
percentile by assets (of 127,072 plans)
$154,124
avg assets per participant

Where Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust sits by total assets

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$77,061,873 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $2M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $61M in the plan year 2022 filing to $77M in the plan year 2023 filing.
  • Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 547 in the plan year 2022 filing to 500 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust vs the 2023 asset distribution

By assets, Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$71M
Net Income$17M
Employer EIN020657423
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tri-City Electrical Contractors, Inc.)

$60M$80M$100M$120M$140M$160M 202220232024 $83.3M $135M ▲ +62.5%
Total plan assets by year, all Tri-City Electrical Contractors, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,177 $83M
2023 2 1,203 $103M
2024 2 1,434 $135M

Nearby ESOP Plans in Florida

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

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Florida, assets vs. participants

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Tri-City Electrical …Publix Super Markets…Raymond James Financ…Rsr Employee Stock O…Summit Companies Hol…Thirty Fifteen Emplo…
Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Florida, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust assets move in 2023?
Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust grew sharply - up 26.6% during 2023, from $61M to $77M. Reported net income was $17M.
How have Tri-City Electrical Contractors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Tri-City Electrical Contractors, Inc.'s sponsor-wide assets grew 62.5%, from $83M to $135M.
Where does Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Dai Employee Stock Ownership Plan in MD ($77M, 345 participants).

Next read for Tri-City Electrical Contractors, Inc. Em…

Scale reading

Ways to act on Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust's numbers.

  • By total assets, Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Florida. Compare plans
  • Tri-City Electrical Contractors, Inc.'s sponsor-wide assets have grown 62.5% since 2022 across 3 plan years on file. More Construction plans