ESOP · DOL Form 5500 · 2023

Miller Electric Company ESOP

Data updated 2026-08-25

$108M
Total assets Near avg plan size
559
Participants Below avg headcount
92nd
Percentile by assets National rank
$192,762
Avg per participant Above avg balance/head
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Official DOL plan name: Miller Electric Company Employee Stock Ownership Plan and Trust · Sponsored by Miller Electric Company · Florida · Construction

$108M in assets, 559 participants

Miller Electric Company's Miller Electric Company Employee Stock Ownership Plan and Trust reported $108M in total assets and 559 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,139 in Construction (9,030 peers)

Where Miller Electric Company Employee Stock Ownership Plan and Trust sits by assets

Miller Electric Company Employee Stock Ownership Plan and Trust sits in the top 10% of all filed plans by assets, $108M for 559 participants (~$192,762/participant), up 78.7% in 2023.

#8,139
in Construction (9,030 peers)
+78.7%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Miller Electric Company Employee Stock Ownership Plan and Trust's outsized position by total assets

Miller Electric Company Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$107,754,058 Top 8% higher than 92% of 127,068 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 2023

Miller Electric Company Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Miller Electric Company Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (559 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Miller Electric Company Employee Stock Ownership Plan and Trust reported net income rose from $17M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Miller Electric Company Employee Stock Ownership Plan and Trust end-of-year assets rose from $60M in the plan year 2022 filing to $108M in the plan year 2023 filing.
  • Miller Electric Company Employee Stock Ownership Plan and Trust reported participants rose from 524 in the plan year 2022 filing to 559 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 590361850 · Miller Electric Company PY 2023 · ESOP

Miller Electric Company Employee Stock Ownership Plan and Trust · $108M · 559 · 92nd

  • PART $108M
  • PART 559
  • PART 92nd
  • PART ESOP
  • PART near Swca, Inc Employee Stock Ownership Plan and Trust
  • PART ind #8139

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 Florida →

Miller Electric Company Employee Stock Ownership Plan and Trust in the asset neighbourhood

Letner Roofing Company Employee Stock Ownership PlanLetner Roofing Company Emplo…$108MBraun Intertec ESOP Retirement PlanBraun Intertec ESOP Retireme…$108MMiller Electric Company Employee Stock Ownership Plan and TrustMiller Electric Company Empl…$108MSwca, Inc Employee Stock Ownership Plan and TrustSwca, Inc Employee Stock Own…$108MPpl Employee Stock Ownership PlanPpl Employee Stock Ownership…$108M
End-of-year total assets ($M) among Miller Electric Company Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$108M
Net Income$47M
Employer EIN590361850
Plan Effective Date2012-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Miller Electric Company)

Sponsor-wide plan assets over time

All Miller Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$39M 60.78417774590126% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $101M $39.5M ▼ -60.8%
Year Plans Participants Total Assets
2022 2 1,026 $101M
2023 2 1,114 $152M
2024 2 1,043 $39M

Nearby ESOP Plans in Florida

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

Miller Electric Company Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Miller Electric Company Employee Stock Ownership Plan and Trust, Total assets ($B): 0.107754058 · Participants: 559Miller Electric Company Employee Stock Ownership Plan and TrustPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 11.810430673 · Participants: 141229Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 0.836004639 · Participants: 15500Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanRsr Employee Stock Ownership Plan, Total assets ($B): 0.390019755 · Participants: 382Rsr Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.367604547 · Participants: 233Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.324400117 · Participants: 5365Thirty Fifteen Employee Stock Ownership Plan
Miller Electric Company Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Florida, assets vs. participants

Miller Electric Company Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Swca, Inc Employee Stock Ownership Plan and Trust in AZ ($108M); by covered participants it is Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan in IN (558 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($108M here).

Similar participant headcount

Nearest other-state filings by covered participants (559 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.

Frequently Asked Questions

How did Miller Electric Company Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Miller Electric Company Employee Stock Ownership Plan and Trust surged - up 78.7% during 2023, from $60M to $108M. Reported net income was $47M.
How have Miller Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Miller Electric Company's sponsor-wide assets declined 60.8%, from $101M to $39M.
Where does Miller Electric Company Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Miller Electric Company Employee Stock Ownership Plan and Trust ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Miller Electric Company Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Swca, Inc Employee Stock Ownership Plan and Trust in AZ ($108M, 1,030 participants).
Which ESOP plans cover a similar participant headcount to Miller Electric Company Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan in IN (558 participants, $135M in assets).