ESOP · DOL Form 5500 · 2024
Express Electric, Inc. ESOP
Data updated 2026-07-24
- $29M
- Total assets
- 92
- Participants
- 77th
- Percentile by assets
- $311,158
- Avg per participant
Official DOL plan name: Express Electric, Inc. Employee Stock Ownership Plan · Sponsored by Express Electric, Inc. · Washington · Construction
$29M in assets, 92 participants
Express Electric, Inc.'s Express Electric, Inc. Employee Stock Ownership Plan reported $29M in total assets and 92 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.
- 77th percentile by assets (of 116,472 plans)
Where Express Electric, Inc. Employee Stock Ownership Plan sits by assets
Express Electric, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $29M for 92 participants (~$311,158/participant), up 47.4% in 2024.
- $29M
- total plan assets (2024 EOY)
- 92
- covered participants
- 77th
- percentile by assets (of 116,472 plans)
- $311,158
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Express Electric, Inc. Employee Stock Ownership Plan reported net income rose from $5M in the plan year 2023 filing to $9M in the plan year 2024 filing.
- Express Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2023 filing to $29M in the plan year 2024 filing.
- Express Electric, Inc. Employee Stock Ownership Plan reported participants rose from 74 in the plan year 2023 filing to 92 in the plan year 2024 filing.
Express Electric, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Express Electric, Inc. Employee Stock Ownership Plan outranks 77% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $9M |
| Employer EIN | 911605938 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Express Electric, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 80 | $15M |
| 2023 | 1 | 74 | $19M |
| 2024 | 1 | 92 | $29M |
Nearby ESOP Plans in Washington
Peer ESOP plans, same state, same plan type, ranked by total assets.
Express Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants
- Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan $3.2B · 4,281
- Triple B Corporation Employee Stock Ownership Plan $308M · 1,238
- Manson Construction Co. Non-Craft Employee Stock Ownership Plan $207M · 291
- Parametrix, Inc. Employee Stock Ownership Plan $159M · 737
- The Plexsys Interface Products, Inc. Employee Stock Ownership Plan $97M · 184
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Express Electric, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Miller Castings, Inc. Employee Stock Ownership Plan (CA) $29M · 390
- Nd Energy Services Management, Inc. Employee Stock Ownership Plan (ND) $29M · 384
- New Hampshire Boring, Inc. Employee Stock Ownership Plan (NH) $29M · 58
- Le Fiell Manufacturing Company Employee Stock Ownership Plan (CA) $29M · 123
Frequently Asked Questions
How did Express Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Express Electric, Inc. plan assets changed over time? ▼
Where does Express Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Express Electric, Inc. Employee Stock Ownership Plan? ▼
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Scale reading
Ways to act on Express Electric, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Express Electric, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Washington. Compare plans
- Express Electric, Inc.'s sponsor-wide assets have grown 88.5% 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 911605938.
Read our methodology - how this data is sourced, computed, and verified.