ESOP · DOL Form 5500 · 2024

Anderson Electric, Inc. ESOP

Data updated 2026-08-25

$64M
Total assets Below avg plan size
19
Participants Small participant base
87th
Percentile by assets National rank
$3.4M
Avg per participant High balance/head
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Official DOL plan name: Anderson Electric, Inc. ESOP · Sponsored by Anderson Electric, Inc. · Illinois · Construction

$64M in assets, 19 participants

Anderson Electric, Inc.'s Anderson Electric, Inc. ESOP reported $64M in total assets and 19 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,672 in Construction (9,039 peers)

Where Anderson Electric, Inc. ESOP sits by assets

Anderson Electric, Inc. ESOP sits in the top quartile of all filed plans by assets, $64M for 19 participants (~$3.4M/participant), up 16.8% in 2024.

#7,672
in Construction (9,039 peers)
+16.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Anderson Electric, Inc. ESOP's outsized position by total assets

Anderson Electric, Inc. ESOP vs every filed plan by assets

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

$64,232,307 Top 13% higher than 87% 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

Anderson Electric, Inc. ESOP among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Anderson Electric, Inc. ESOP is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Anderson Electric, Inc. ESOP reported net income rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Anderson Electric, Inc. ESOP end-of-year assets rose from $55M in the plan year 2023 filing to $64M in the plan year 2024 filing.
  • Anderson Electric, Inc. ESOP reported participants fell from 20 in the plan year 2023 filing to 19 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 370690803 · Anderson Electric, Inc. PY 2024 · ESOP

Anderson Electric, Inc. ESOP · $64M · 19 · 87th

  • VS-ST $64M
  • VS-ST 19
  • VS-ST 87th
  • VS-ST ESOP
  • VS-ST near Subzero Constructors, Inc. Employee Stock Ownership Plan
  • VS-ST ind #7672

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 Illinois →

Anderson Electric, Inc. ESOP in the asset neighbourhood

M. B. Haynes Corporation Employee Stock Ownership PlanM. B. Haynes Corporation Emp…$65MEutaw Construction Company, Inc. Employee Stock Ownership PlanEutaw Construction Company, …$64MEmployee Benefits Corporation Employee Stock Ownership PlanEmployee Benefits Corporatio…$64MSubzero Constructors, Inc. Employee Stock Ownership PlanSubzero Constructors, Inc. E…$64MAnderson Electric, Inc. ESOP$64M
End-of-year total assets ($M) among Anderson Electric, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$63M
Net Income$9M
Employer EIN370690803
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Anderson Electric, Inc.)

Sponsor-wide plan assets over time

All Anderson Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 34.04770077165024% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $50M $67M ▲ +34.1%
Year Plans Participants Total Assets
2022 2 40 $50M
2023 2 40 $58M
2024 2 39 $67M

Nearby ESOP Plans in Illinois

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

Anderson Electric, Inc. ESOP vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000 -101234 Total assets ($B) Participants Anderson Electric, Inc. ESOP, Total assets ($B): 0.064232307 · Participants: 19Anderson Electric, Inc. ESOPAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. Employee Stock Ownership Plan
Anderson Electric, Inc. ESOP vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Anderson Electric, Inc. ESOP side-by-side with 3 peers →

Anderson Electric, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Subzero Constructors, Inc. Employee Stock Ownership Plan in CA ($64M); by covered participants it is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19 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 Anderson Electric, Inc. ESOP assets move in 2024? ▼
Anderson Electric, Inc. ESOP grew sharply - up 16.8% during 2024, from $55M to $64M. Reported net income was $9M.
How have Anderson Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Anderson Electric, Inc.'s sponsor-wide assets grew 34.0%, from $50M to $67M.
Where does Anderson Electric, Inc. ESOP rank by assets among Form 5500 filers? ▼
Anderson Electric, Inc. ESOP ranks in the 87th 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 Anderson Electric, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Subzero Constructors, Inc. Employee Stock Ownership Plan in CA ($64M, 176 participants).
Which ESOP plans cover a similar participant headcount to Anderson Electric, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants, $2M 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 370690803.

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.