ESOP · DOL Form 5500 · 2023

Metro Electric Co., Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
63
Participants Small participant base
52nd
Percentile by assets National rank
$118,454
Avg per participant Near avg balance/head
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Official DOL plan name: Metro Electric Co., Inc. Employee Stock Ownership Plan · Sponsored by Metro Electric Co., Inc. · South Carolina · Utilities

$7M in assets, 63 participants

Metro Electric Co., Inc.'s Metro Electric Co., Inc. Employee Stock Ownership Plan reported $7M in total assets and 63 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd 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.

  • #145 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Metro Electric Co., Inc. Employee Stock Ownership Plan ranks #145 of 721 2023 filers by assets (7195% of the sector average)-$7M for 63 participants.

#145
in Utilities (721 peers)
+5.4%
assets growth YoY

Metro Electric Co., Inc. Employee Stock Ownership Plan's mid-pack asset rank among Utilities and all filers

Metro Electric Co., Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$7,462,610 Top 48% higher than 52% 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

Metro Electric Co., Inc. 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. Metro Electric Co., Inc. Employee Stock Ownership Plan is a small filing (63 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metro Electric Co., Inc. Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2022 filing to $486K in the plan year 2023 filing.
  • Metro Electric Co., Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Metro Electric Co., Inc. Employee Stock Ownership Plan reported participants rose from 62 in the plan year 2022 filing to 63 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 570639752 · Metro Electric Co., Inc. PY 2023 · ESOP

Metro Electric Co., Inc. Employee Stock Ownership Plan · $7M · 63 · 52nd

  • RANK $7M
  • RANK 63
  • RANK 52nd
  • RANK ESOP
  • RANK near Sprinklermatic Fire Protection Systems, Inc. Employee Stock Ownership Plan
  • RANK ind #145

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 South Carolina →

Metro Electric Co., Inc. Employee Stock Ownership Plan in the asset neighbourhood

Metro Electric Co., Inc. Employee Stock Ownership PlanMetro Electric Co., Inc. Emp…$7MSprinklermatic Fire Protection Systems, Inc. Employee Stock Ownership PlanSprinklermatic Fire Protecti…$7MKroeschell, Inc. Amended and Restated Employee Stock Ownership PlanKroeschell, Inc. Amended and…$7MMulkey Enterprises, Inc. Employee Stock Ownership PlanMulkey Enterprises, Inc. Emp…$7MW.E.T., Inc. Employee Stock Ownership Plan and TrustW.E.T., Inc. Employee Stock …$7M
End-of-year total assets ($M) among Metro Electric Co., Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income$486K
Employer EIN570639752
Plan Effective Date2012-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metro Electric Co., Inc.)

Sponsor-wide plan assets over time

All Metro Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 4.901399935872173% vs 2022
2024 filing year
$7M$7.2M$7.4M$7.6M 202220232024 $7.08M $7.43M ▲ +4.9%
Year Plans Participants Total Assets
2022 1 62 $7M
2023 1 63 $7M
2024 1 60 $7M

Nearby ESOP Plans in South Carolina

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

Metro Electric Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 0100200300400 020406080 Total assets ($M) Participants Metro Electric Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 7.46261 · Participants: 63Metro Electric Co., Inc. Employee Stock Ownership PlanBonitz, Inc. Employee Stock Ownership Plan, Total assets ($M): 61.605843 · Participants: 342Bonitz, Inc. Employee Stock Ownership PlanAl's Liquor Store Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 23.274312 · Participants: 50Al's Liquor Store Holdings, Inc. Employee Stock Ownership PlanSynergi Employee Stock Ownership Plan, Total assets ($M): 21.055349 · Participants: 263Synergi Employee Stock Ownership PlanDwg, Inc. Consulting Engineers Employee Stock Ownership Plan, Total assets ($M): 14.105882 · Participants: 25Dwg, Inc. Consulting Engineers Employee Stock Ownership PlanLife Cycle Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 13.852826 · Participants: 367Life Cycle Engineering, Inc. Employee Stock Ownership Plan
Metro Electric Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants
Compare Metro Electric Co., Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Metro Electric Co., Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside South Carolina, the nearest ESOP by assets is Sprinklermatic Fire Protection Systems, Inc. Employee Stock Ownership Plan in FL ($7M); by covered participants it is The First National Bank Employee Stock Ownership Plan in IL (63 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (63 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 Metro Electric Co., Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Metro Electric Co., Inc. Employee Stock Ownership Plan grew at a solid clip - up 5.4% during 2023, from $7M to $7M. Reported net income was $486K.
How have Metro Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metro Electric Co., Inc.'s sponsor-wide assets grew 4.9%, from $7M to $7M.
Which ESOP plans are similar in size to Metro Electric Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Sprinklermatic Fire Protection Systems, Inc. Employee Stock Ownership Plan in FL ($7M, 158 participants).
Which ESOP plans cover a similar participant headcount to Metro Electric Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The First National Bank Employee Stock Ownership Plan in IL (63 participants, $355 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 570639752.

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.