ESOP · DOL Form 5500 · 2024

Sun Electric, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
52
Participants Small participant base
64th
Percentile by assets National rank
$289,448
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sun Electric, Inc. Profit Sharing and Retirement Plan · Sponsored by Sun Electric, Inc. · North Dakota · Construction

$15M in assets, 52 participants

Sun Electric, Inc.'s Sun Electric, Inc. Profit Sharing and Retirement Plan reported $15M in total assets and 52 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #5,687 in Construction (9,039 peers)

Sun Electric, Inc. multi-year trail

Sun Electric, Inc.'s plans moved +345.4% in assets from 2022 to 2024; this filing shows Sun Electric, Inc. Profit Sharing and Retirement Plan at $15M / 52 participants.

#5,687
in Construction (9,039 peers)
+94.9%
assets growth YoY

Sun Electric, Inc. Profit Sharing and Retirement Plan's mid-pack asset rank among Construction and all filers

Sun Electric, Inc. Profit Sharing and Retirement Plan vs every filed plan by assets

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

$15,051,278 Top 36% higher than 64% 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

Sun Electric, Inc. Profit Sharing and Retirement 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. Sun Electric, Inc. Profit Sharing and Retirement Plan is a small filing (52 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sun Electric, Inc. Profit Sharing and Retirement Plan end-of-year assets rose from $8M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Sun Electric, Inc. Profit Sharing and Retirement Plan reported net income rose from $5M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Sun Electric, Inc. Profit Sharing and Retirement Plan reported participants rose from 43 in the plan year 2023 filing to 52 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 450451073 · Sun Electric, Inc. PY 2024 · ESOP

Sun Electric, Inc. Profit Sharing and Retirement Plan · $15M · 52 · 64th

  • EBSA $15M
  • EBSA 52
  • EBSA 64th
  • EBSA ESOP
  • EBSA near Lad Irrigation Company Employee Stock Ownership Plan
  • EBSA ind #5687

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 North Dakota →

Sun Electric, Inc. Profit Sharing and Retirement Plan in the asset neighbourhood

Acsm, Inc. Employee Stock Ownership PlanAcsm, Inc. Employee Stock Ow…$15MAdvanced Conversion Technology, Inc. Employee Stock Ownership PlanAdvanced Conversion Technolo…$15MRudy's Markets, Inc. Employee Stock Ownership Plan and TrustRudy's Markets, Inc. Employe…$15MSun Electric, Inc. Profit Sharing and Retirement PlanSun Electric, Inc. Profit Sh…$15MLad Irrigation Company Employee Stock Ownership PlanLad Irrigation Company Emplo…$15M
End-of-year total assets ($M) among Sun Electric, Inc. Profit Sharing and Retirement Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Sun Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$15M 345.4348140045836% vs 2022
2024 filing year
$0M$5M$10M$15M$20M 202220232024 $3.38M $15.1M ▲ +345.3%
Year Plans Participants Total Assets
2022 1 46 $3M
2023 1 43 $8M
2024 1 52 $15M

Sun Electric, Inc. filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$8M
Employer EIN450451073
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Sun Electric, Inc. Profit Sharing and Retirement Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Sun Electric, Inc. Profit Sharing and Retirement Plan, Total assets ($B): 0.015051278 · Participants: 52Sun Electric, Inc. Profit Sharing and Retirement PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.326258119 · Participants: 3256Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.962968241 · Participants: 5157Scheels Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.192805392 · Participants: 1117Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.097711974 · Participants: 89Frontier Precision, Inc Employee Stock Ownership PlanKlj Solutions Co Employee Stock Ownership Plan, Total assets ($B): 0.09240993 · Participants: 525Klj Solutions Co Employee Stock Ownership Plan
Sun Electric, Inc. Profit Sharing and Retirement Plan vs. nearby ESOP plans in North Dakota, assets vs. participants

Sun Electric, Inc. Profit Sharing and Retirement Plan's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Lad Irrigation Company Employee Stock Ownership Plan in WA ($15M); by covered participants it is Pro-Tec Design, Inc. Employee Stock Ownership Plan in MN (52 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 Sun Electric, Inc. Profit Sharing and Retirement Plan assets move in 2024?
Sun Electric, Inc. Profit Sharing and Retirement Plan surged - up 94.9% during 2024, from $8M to $15M. Reported net income was $8M.
How have Sun Electric, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sun Electric, Inc.'s sponsor-wide assets grew 345.4%, from $3M to $15M.
Which ESOP plans are similar in size to Sun Electric, Inc. Profit Sharing and Retirement Plan?
Among ESOP plans in other states, the closest by assets is Lad Irrigation Company Employee Stock Ownership Plan in WA ($15M, 99 participants).
Which ESOP plans cover a similar participant headcount to Sun Electric, Inc. Profit Sharing and Retirement Plan?
Among ESOP plans in other states, the closest by covered participants is Pro-Tec Design, Inc. Employee Stock Ownership Plan in MN (52 participants, $820K in assets).