ESOP · DOL Form 5500 · 2024

Adco Electrical Corp. ESOP

Data updated 2026-08-25

$23M
Total assets Small plan by assets
39
Participants Small participant base
73rd
Percentile by assets National rank
$586,672
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #6,473 in Construction (9,039 peers)

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.

#6,473
in Construction (9,039 peers)
+6.6%
assets growth YoY

Adco Employee Stock Ownership Plan's outsized position by total assets

Adco Employee Stock Ownership Plan vs every filed plan by assets

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

$22,880,194 Top 27% higher than 73% 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

Adco 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. Adco Employee Stock Ownership Plan is a small filing (39 participants) on this national headcount ladder.

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 132913649 · Adco Electrical Corp. PY 2024 · ESOP

Adco Employee Stock Ownership Plan · $23M · 39 · 73rd

  • PHOTO $23M
  • IND 39
  • EOY 73rd
  • 5500 ESOP
  • ASSETS near Lueken's Food Stores Employee Stock Ownership Plan
  • PCT ind #6473

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 New York →

Adco Employee Stock Ownership Plan in the asset neighbourhood

Lueken's Food Stores Employee Stock Ownership PlanLueken's Food Stores Employe…$23MAdco Employee Stock Ownership PlanAdco Employee Stock Ownershi…$23MSagaya Corporation Employee Stock Ownership PlanSagaya Corporation Employee …$23MInland Star Distribution Centers, Inc. Employee Stock Ownership PlanInland Star Distribution Cen…$23MJcs Family, Inc Employee Stock Ownership PlanJcs Family, Inc Employee Sto…$23M
End-of-year total assets ($M) among Adco Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Adco Electrical Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Adco Electrical Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 34.531781041034314% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17M $22.9M ▲ +34.5%
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 EIN132913649
Plan Effective Date2019-01-01
Filing StatusFILING 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 Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Adco Employee Stock Ownership Plan, Total assets ($M): 22.880194 · Participants: 39Adco Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 896.840227 · Participants: 3483Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 450.776522 · Participants: 3042North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 306.094988 · Participants: 3209Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 254.362741 · Participants: 1716Greenman-Pedersen, Inc. Employee Stock Ownership PlanMarshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 234.345888 · Participants: 518Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan
Adco Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Adco Employee Stock Ownership Plan side-by-side with 3 peers →

Adco Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Lueken's Food Stores Employee Stock Ownership Plan in MN ($23M); by covered participants it is Sacred Wind Employee Stock Ownership Plan in NM (39 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (39 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 Adco Employee Stock Ownership Plan assets move in 2024? ▼
Adco Employee Stock Ownership Plan grew at a solid clip - up 6.6% during 2024, from $21M to $23M. Reported net income was $4M.
How have Adco Electrical Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Adco Electrical Corp.'s sponsor-wide assets grew 34.5%, from $17M to $23M.
Which ESOP plans are similar in size to Adco Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lueken's Food Stores Employee Stock Ownership Plan in MN ($23M, 185 participants).
Which ESOP plans cover a similar participant headcount to Adco Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Sacred Wind Employee Stock Ownership Plan in NM (39 participants, $1M 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 132913649.

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.