ESOP · DOL Form 5500 · 2023
Portage Electric Products, Inc. ESOP
Data updated 2026-08-25
- $215K
- Total assets Small plan by assets
- 24
- Participants Small participant base
- 11th
- Percentile by assets National rank
- $8,967
- Avg per participant Low balance/head
Official DOL plan name: Portage Electric Products, Inc. Employees' Stock Ownership Plan · Sponsored by Portage Electric Products, Inc. · Ohio · Manufacturing
$215K in assets, 24 participants
Portage Electric Products, Inc.'s Portage Electric Products, Inc. Employees' Stock Ownership Plan reported $215K in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 11th 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.
- #811 in Manufacturing (18,722 peers)
Portage Electric Products, Inc. multi-year trail
Portage Electric Products, Inc.'s plans moved -39.7% in assets from 2022 to 2024; this filing shows Portage Electric Products, Inc. Employees' Stock Ownership Plan at $215K / 24 participants.
- #811
- in Manufacturing (18,722 peers)
- -23.0%
- assets change YoY
The plan reported a net loss of $71K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Portage Electric Products, Inc. Employees' Stock Ownership Plan among the smaller filed plans by assets
Portage Electric Products, Inc. Employees' Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$215,213 11th percentile higher than 11% 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
Portage Electric Products, Inc. Employees' 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. Portage Electric Products, Inc. Employees' Stock Ownership Plan is a small filing (24 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Portage Electric Products, Inc. Employees' Stock Ownership Plan reported net income fell from $11K in the plan year 2022 filing to -$71K in the plan year 2023 filing.
- Portage Electric Products, Inc. Employees' Stock Ownership Plan end-of-year assets fell from $279K in the plan year 2022 filing to $215K in the plan year 2023 filing.
- Portage Electric Products, Inc. Employees' Stock Ownership Plan reported participants fell from 27 in the plan year 2022 filing to 24 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 340908151 · Portage Electric Products, Inc. PY 2023 · ESOP
Portage Electric Products, Inc. Employees' Stock Ownership Plan · $215K · 24 · 11th
- VS-ST $215K
- VS-ST 24
- VS-ST 11th
- VS-ST ESOP
- VS-ST near The Mens Center, Inc. Employee Stock Ownership Plan and Trust
- VS-ST ind #811
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 Ohio →
Portage Electric Products, Inc. Employees' Stock Ownership Plan in the asset neighbourhood
Portage Electric Products, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Portage Electric Products, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $168K 39.738080329188655% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 27 | $279K |
| 2023 | 1 | 24 | $215K |
| 2024 | 1 | 20 | $168K |
Portage Electric Products, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $279K |
|---|---|
| Net Assets (End of Year) | $194K |
| Net Income | -$71K |
| Employer EIN | 340908151 |
| Plan Effective Date | 1979-08-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Ohio
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan $23.1B · 32,152
- The Garland Industries, Inc. Employee Stock Ownership Plan & Trust $1.7B · 1,019
- Messer Inc. Employee Stock Ownership Plan $622M · 873
- Great Lakes Cheese Co., Inc. Employee Stock Ownership Plan $504M · 4,110
- Cleveland Steel Container Corporation Employee Stock Ownership Plan $452M · 434
Portage Electric Products, Inc. Employees' Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Ohio, the nearest ESOP by assets is The Mens Center, Inc. Employee Stock Ownership Plan and Trust in IL ($215K); by covered participants it is Valador, Inc. Employee Stock Bonus Plan in WV (24 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($215K here).
- The Mens Center, Inc. Employee Stock Ownership Plan and Trust (IL) $215K · 1
- The Blair Milling & Elevator Company, Inc. Employee Stock Ownership Plan and Trust (KS) $214K · 5
- Credit Bureau Services, Inc. Employee Stock Ownership Plan (NE) $213K · 18
- D.K. Gnuse Legacy Employee Stock Ownership Plan (IL) $217K · 66
Similar participant headcount
Nearest other-state filings by covered participants (24 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.