ESOP · DOL Form 5500 · 2024

Express Electric, Inc. ESOP

Data updated 2026-08-25

$29M
Total assets Below avg plan size
92
Participants Small participant base
77th
Percentile by assets National rank
$311,158
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #6,797 in Construction (9,039 peers)

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.

#6,797
in Construction (9,039 peers)
+47.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Express Electric, Inc. Employee Stock Ownership Plan's outsized position by total assets

Express Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$28,626,502 Top 23% higher than 77% 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

Express Electric, Inc. 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. Express Electric, Inc. Employee Stock Ownership Plan is a small filing (92 participants) on this national headcount ladder.

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 911605938 · Express Electric, Inc. PY 2024 · ESOP

Express Electric, Inc. Employee Stock Ownership Plan · $29M · 92 · 77th

  • PCT $29M
  • EIN 92
  • RANK 77th
  • PHOTO ESOP
  • IND near Miller Castings, Inc. Employee Stock Ownership Plan
  • EOY ind #6797

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 Washington →

Express Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Le Fiell Manufacturing Company Employee Stock Ownership PlanLe Fiell Manufacturing Compa…$29MNd Energy Services Management, Inc. Employee Stock Ownership PlanNd Energy Services Managemen…$29MNew Hampshire Boring, Inc. Employee Stock Ownership PlanNew Hampshire Boring, Inc. E…$29MExpress Electric, Inc. Employee Stock Ownership PlanExpress Electric, Inc. Emplo…$29MMiller Castings, Inc. Employee Stock Ownership PlanMiller Castings, Inc. Employ…$29M
End-of-year total assets ($M) among Express Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$9M
Employer EIN911605938
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Express Electric, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$29M 88.46620979806963% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $15.2M $28.6M ▲ +88.5%
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 Scatter plot of 6 data points. -1000010002000300040005000 -101234 Total assets ($B) Participants Express Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.028626502 · Participants: 92Express Electric, Inc. Employee Stock Ownership PlanSchweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan, Total assets ($B): 3.162915985 · Participants: 4281Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanTriple B Corporation Employee Stock Ownership Plan, Total assets ($B): 0.30805532 · Participants: 1238Triple B Corporation Employee Stock Ownership PlanManson Construction Co. Non-Craft Employee Stock Ownership Plan, Total assets ($B): 0.207396855 · Participants: 291Manson Construction Co. Non-Craft Employee Stock Ownership PlanParametrix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.159192217 · Participants: 737Parametrix, Inc. Employee Stock Ownership PlanThe Plexsys Interface Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.097195017 · Participants: 184The Plexsys Interface Products, Inc. Employee Stock Ownership Plan
Express Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants

Express Electric, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Washington, the nearest ESOP by assets is Miller Castings, Inc. Employee Stock Ownership Plan in CA ($29M); by covered participants it is Evergreen Trading Employee Stock Ownership Plan in NY (92 participants). Same-state nearby plans are listed separately above.

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 Express Electric, Inc. Employee Stock Ownership Plan assets move in 2024?
Express Electric, Inc. Employee Stock Ownership Plan surged - up 47.4% during 2024, from $19M to $29M. Reported net income was $9M.
How have Express Electric, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Express Electric, Inc.'s sponsor-wide assets grew 88.5%, from $15M to $29M.
Where does Express Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Express Electric, Inc. Employee Stock Ownership Plan ranks in the 77th 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 Express Electric, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Miller Castings, Inc. Employee Stock Ownership Plan in CA ($29M, 390 participants).
Which ESOP plans cover a similar participant headcount to Express Electric, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Evergreen Trading Employee Stock Ownership Plan in NY (92 participants, $50M in assets).