ESOP · DOL Form 5500 · 2024

Peerless Electronics Inc. ESOP

Data updated 2026-08-25

$20M
Total assets Small plan by assets
53
Participants Small participant base
70th
Percentile by assets National rank
$377,366
Avg per participant High balance/head
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Official DOL plan name: Peerless Electronics Inc. ESOP · Sponsored by Peerless Electronics Inc. · New York · Wholesale Trade

$20M in assets, 53 participants

Peerless Electronics Inc.'s Peerless Electronics Inc. ESOP reported $20M in total assets and 53 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,032 in Wholesale Trade (6,080 peers)

Peerless Electronics Inc. multi-year trail

Peerless Electronics Inc.'s plans moved +62.6% in assets from 2022 to 2024; this filing shows Peerless Electronics Inc. ESOP at $20M / 53 participants.

#4,032
in Wholesale Trade (6,080 peers)
+3.1%
assets growth YoY

Peerless Electronics Inc. ESOP's outsized position by total assets

Peerless Electronics Inc. ESOP vs every filed plan by assets

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

$20,000,395 Top 30% higher than 70% 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

Peerless Electronics 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. Peerless Electronics Inc. ESOP is a small filing (53 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Peerless Electronics Inc. ESOP reported net income fell from $8M in the plan year 2023 filing to $831K in the plan year 2024 filing.
  • Peerless Electronics Inc. ESOP reported participants rose from 44 in the plan year 2023 filing to 53 in the plan year 2024 filing.
  • Peerless Electronics Inc. ESOP end-of-year assets rose from $19M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 111558418 · Peerless Electronics Inc. PY 2024 · ESOP

Peerless Electronics Inc. ESOP · $20M · 53 · 70th

  • ASSETS $20M
  • PCT 53
  • EIN 70th
  • RANK ESOP
  • PHOTO near Gentry Brothers, Inc. Employee Stock Ownership Plan
  • IND ind #4032

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 →

Peerless Electronics Inc. ESOP in the asset neighbourhood

Aero Systems Engineering, Inc Employee Stock Ownership PlanAero Systems Engineering, In…$20MGentry Brothers, Inc. Employee Stock Ownership PlanGentry Brothers, Inc. Employ…$20MRettew Employee Stock Ownership PlanRettew Employee Stock Owners…$20MPeerless Electronics Inc. ESOPPeerless Electronics Inc. ES…$20MPcg Exchange, Inc. Employee Stock Ownership PlanPcg Exchange, Inc. Employee …$20M
End-of-year total assets ($M) among Peerless Electronics Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Peerless Electronics Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Peerless Electronics Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 62.59961570339815% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.3M $20M ▲ +62.6%
Year Plans Participants Total Assets
2022 1 45 $12M
2023 1 44 $19M
2024 1 53 $20M

Peerless Electronics Inc. filing trail (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$16M
Net Income$831K
Employer EIN111558418
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New York

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

Peerless Electronics Inc. ESOP vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Peerless Electronics Inc. ESOP, Total assets ($M): 20.000395 · Participants: 53Peerless Electronics Inc. ESOPStewart'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
Peerless Electronics Inc. ESOP vs. nearby ESOP plans in New York, assets vs. participants
Compare Peerless Electronics Inc. ESOP side-by-side with 3 peers →

Peerless Electronics Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Gentry Brothers, Inc. Employee Stock Ownership Plan in CA ($20M); by covered participants it is Turn-Key Tunneling, Inc. Employee Stock Ownership Plan in OH (53 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (53 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 Peerless Electronics Inc. ESOP assets move in 2024? ▼
Peerless Electronics Inc. ESOP edged up modestly - up 3.1% during 2024, from $19M to $20M. Reported net income was $831K.
How have Peerless Electronics Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peerless Electronics Inc.'s sponsor-wide assets grew 62.6%, from $12M to $20M.
Which ESOP plans are similar in size to Peerless Electronics Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Gentry Brothers, Inc. Employee Stock Ownership Plan in CA ($20M, 42 participants).
Which ESOP plans cover a similar participant headcount to Peerless Electronics Inc. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Turn-Key Tunneling, Inc. Employee Stock Ownership Plan in OH (53 participants, $17M 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 111558418.

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.