ESOP · DOL Form 5500 · 2024

Pioneer Power, Inc. ESOP

Data updated 2026-08-25

$48M
Total assets Below avg plan size
32
Participants Small participant base
84th
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
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Official DOL plan name: Pioneer Power, Inc. Employee Stock Ownership Plan · Sponsored by Pioneer Power, Inc. · Minnesota · Construction

$48M in assets, 32 participants

Pioneer Power, Inc.'s Pioneer Power, Inc. Employee Stock Ownership Plan reported $48M in total assets and 32 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,410 in Construction (9,039 peers)

Where Pioneer Power, Inc. Employee Stock Ownership Plan sits by assets

Pioneer Power, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $48M for 32 participants (~$1.5M/participant), up 36.4% in 2024.

#7,410
in Construction (9,039 peers)
+36.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Pioneer Power, Inc. Employee Stock Ownership Plan's outsized position by total assets

Pioneer Power, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$47,891,520 Top 16% higher than 84% of 123,620 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 2024

Pioneer Power, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pioneer Power, Inc. Employee Stock Ownership Plan is a small filing (32 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pioneer Power, Inc. Employee Stock Ownership Plan end-of-year assets rose from $35M in the plan year 2023 filing to $48M in the plan year 2024 filing.
  • Pioneer Power, Inc. Employee Stock Ownership Plan reported participants rose from 29 in the plan year 2023 filing to 32 in the plan year 2024 filing.
  • Pioneer Power, Inc. Employee Stock Ownership Plan reported net income rose from $13M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 410663282 · Pioneer Power, Inc. PY 2024 · ESOP

Pioneer Power, Inc. Employee Stock Ownership Plan · $48M · 32 · 84th

  • PART $48M
  • TYPE 32
  • NET 84th
  • BOOK ESOP
  • VS-ST near Baker Procal Employee Stock Ownership Plan
  • BOY ind #7410

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 Minnesota →

Pioneer Power, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Miller's Health Systems, Inc. Employee Stock Ownership PlanMiller's Health Systems, Inc…$48MBaker Procal Employee Stock Ownership PlanBaker Procal Employee Stock …$48MPioneer Power, Inc. Employee Stock Ownership PlanPioneer Power, Inc. Employee…$48MSuperior Consolidated Industries, Inc. Employee Stock Ownership Plan and TrustSuperior Consolidated Indust…$48MViasun Corporation Employee Stock Ownership PlanViasun Corporation Employee …$48M
End-of-year total assets ($M) among Pioneer Power, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$44M
Net Income$13M
Employer EIN410663282
Plan Effective Date1967-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Pioneer Power, Inc.)

Sponsor-wide plan assets over time

All Pioneer Power, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$48M 113.78057542154929% vs 2022
2024 filing year
$10M$20M$30M$40M$50M$60M 202220232024 $22.4M $47.9M ▲ +113.8%
Year Plans Participants Total Assets
2022 1 30 $22M
2023 1 29 $35M
2024 1 32 $48M

Nearby ESOP Plans in Minnesota

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

Pioneer Power, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 050010001500 Total assets ($M) Participants Pioneer Power, Inc. Employee Stock Ownership Plan, Total assets ($M): 47.89152 · Participants: 32Pioneer Power, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Pioneer Power, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Pioneer Power, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Pioneer Power, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Baker Procal Employee Stock Ownership Plan in CA ($48M); by covered participants it is Apache Pipelines, Inc. Employee Stock Ownership Plan in AZ (32 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (32 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pioneer Power, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Pioneer Power, Inc. Employee Stock Ownership Plan surged - up 36.4% during 2024, from $35M to $48M. Reported net income was $13M.
How have Pioneer Power, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pioneer Power, Inc.'s sponsor-wide assets grew 113.8%, from $22M to $48M.
Where does Pioneer Power, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Pioneer Power, Inc. Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Pioneer Power, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Baker Procal Employee Stock Ownership Plan in CA ($48M, 278 participants).
Which ESOP plans cover a similar participant headcount to Pioneer Power, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Apache Pipelines, Inc. Employee Stock Ownership Plan in AZ (32 participants, $607K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410663282.

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.