ESOP · DOL Form 5500 · 2024
Adco Electrical Corp. ESOP
Data updated 2026-07-24
- $23M
- Total assets
- 39
- Participants
- 73rd
- Percentile by assets
- $586,672
- Avg per participant
Official DOL plan name: Adco Employee Stock Ownership Plan · Sponsored by Adco Electrical Corp. · New York · Construction
$23M in assets, 39 participants
Adco Electrical Corp.'s Adco Employee Stock Ownership Plan reported $23M in total assets and 39 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.
- 73rd percentile by assets (of 116,472 plans)
Adco Electrical Corp. multi-year trail
Adco Electrical Corp.'s plans moved +34.5% in assets from 2022 to 2024; this filing shows Adco Employee Stock Ownership Plan at $23M / 39 participants.
- $23M
- total plan assets (2024 EOY)
- 39
- covered participants
- 73rd
- percentile by assets (of 116,472 plans)
- $586,672
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Adco Employee Stock Ownership Plan reported net income fell from $9M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Adco Employee Stock Ownership Plan reported participants fell from 43 in the plan year 2023 filing to 39 in the plan year 2024 filing.
- Adco Employee Stock Ownership Plan end-of-year assets rose from $21M in the plan year 2023 filing to $23M in the plan year 2024 filing.
Adco Electrical Corp. across 3 plan years on file
Across the 3 plan years Adco Electrical Corp. has on file (2022-2024), sponsor-wide plan assets have moved from $17M to $23M, a gain of 34.5%, while reported participants moved from 33 to 39 (+18.2%). Peak year by sponsor assets: 2024 ($23M); trough: 2022 ($17M).
Adco Electrical Corp. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 33 | $17M |
| 2023 | 1 | 43 | $21M |
| 2024 | 1 | 39 | $23M |
Adco Electrical Corp. filing trail (2024)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | $4M |
| Employer EIN | 132913649 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in New York
Peer ESOP plans, same state, same plan type, ranked by total assets.
Adco Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
- Stewart's Shops Corp Employee Stock Ownership Plan $897M · 3,483
- North Coast Holdings Employee Stock Ownership Plan $451M · 3,042
- Greenman-Pedersen, Inc. Employee Stock Ownership Plan $254M · 1,716
- Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan $234M · 518
- H.C. Wainwright & Co. Employee Stock Ownership Plan $228M · 97
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Adco Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Adco Employee Stock Ownership Plan assets move in 2024? ▼
How have Adco Electrical Corp. plan assets changed over time? ▼
Which ESOP plans are similar in size to Adco Employee Stock Ownership Plan? ▼
Next read for Adco Employee Stock Ownership Plan
Multi-year trail
Ways to act on Adco Employee Stock Ownership Plan's numbers.
- By total assets, Adco Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
- Adco Electrical Corp.'s sponsor-wide assets have grown 34.5% since 2022 across 3 plan years on file. More Construction plans
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 132913649.
Read our methodology - how this data is sourced, computed, and verified.