ESOP · DOL Form 5500 · 2024

Underground Systems, Inc. ESOP

Data updated 2026-08-25

$25M
Total assets Below avg plan size
41
Participants Small participant base
74th
Percentile by assets National rank
$611,118
Avg per participant High balance/head
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Official DOL plan name: Underground Systems, Inc. Employee Stock Ownership Plan · Sponsored by Underground Systems, Inc. · Connecticut · Professional & Technical Services

$25M in assets, 41 participants

Underground Systems, Inc.'s Underground Systems, Inc. Employee Stock Ownership Plan reported $25M in total assets and 41 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #14,962 in Professional & Technical Services (20,173 peers)

Underground Systems, Inc. multi-year trail

Underground Systems, Inc.'s plans moved +32.5% in assets from 2022 to 2024; this filing shows Underground Systems, Inc. Employee Stock Ownership Plan at $25M / 41 participants.

#14,962
in Professional & Technical Services (20,173 peers)
+19.2%
assets growth YoY

Underground Systems, Inc. Employee Stock Ownership Plan's outsized position by total assets

Underground Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$25,055,845 Top 26% higher than 74% 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

Underground Systems, 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. Underground Systems, Inc. Employee Stock Ownership Plan is a small filing (41 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Underground Systems, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Underground Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $21M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 132837950 · Underground Systems, Inc. PY 2024 · ESOP

Underground Systems, Inc. Employee Stock Ownership Plan · $25M · 41 · 74th

  • PCT $25M
  • EIN 41
  • RANK 74th
  • PHOTO ESOP
  • IND near Wheaton Van Lines, Inc. Employee Stock Ownership Plan
  • EOY ind #14962

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 Connecticut →

Underground Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Metroconnections, Inc. Employee Stock Ownership Plan and TrustMetroconnections, Inc. Emplo…$25MUnderground Systems, Inc. Employee Stock Ownership PlanUnderground Systems, Inc. Em…$25MWheaton Van Lines, Inc. Employee Stock Ownership PlanWheaton Van Lines, Inc. Empl…$25MBarr & Barr, Inc. Employee Stock Ownership PlanBarr & Barr, Inc. Employee S…$25MZink Foodservice Group, Inc. Employee Stock Ownership Plan and TrustZink Foodservice Group, Inc.…$25M
End-of-year total assets ($M) among Underground Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Underground Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Underground Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 32.52481377995783% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $18.9M $25.1M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 41 $19M
2023 1 41 $21M
2024 1 41 $25M

Underground Systems, Inc. filing trail (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN132837950
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Connecticut

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

Underground Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 0200400600 0100200300400 Total assets ($M) Participants Underground Systems, Inc. Employee Stock Ownership Plan, Total assets ($M): 25.055845 · Participants: 41Underground Systems, Inc. Employee Stock Ownership PlanMott Corporation Employee Stock Ownership Plan, Total assets ($M): 304.806344 · Participants: 327Mott Corporation Employee Stock Ownership PlanBl Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 127.985465 · Participants: 309Bl Companies, Inc. Employee Stock Ownership PlanSonalysts, Inc. Employee Stock Ownership Plan, Total assets ($M): 125.874922 · Participants: 417Sonalysts, Inc. Employee Stock Ownership PlanEurpac Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 107.815259 · Participants: 572Eurpac Service, Inc. Employee Stock Ownership PlanTwin Mro Employee Stock Ownership Plan, Total assets ($M): 106.406355 · Participants: 110Twin Mro Employee Stock Ownership Plan
Underground Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
Compare Underground Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest ESOP by assets is Wheaton Van Lines, Inc. Employee Stock Ownership Plan in IN ($25M); by covered participants it is Custom Dental Management, Inc. Employee Stock Ownership Plan in MO (41 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (41 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 Underground Systems, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Underground Systems, Inc. Employee Stock Ownership Plan grew sharply - up 19.2% during 2024, from $21M to $25M. Reported net income was $4M.
How have Underground Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Underground Systems, Inc.'s sponsor-wide assets grew 32.5%, from $19M to $25M.
Which ESOP plans are similar in size to Underground Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wheaton Van Lines, Inc. Employee Stock Ownership Plan in IN ($25M, 108 participants).
Which ESOP plans cover a similar participant headcount to Underground Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Custom Dental Management, Inc. Employee Stock Ownership Plan in MO (41 participants, N/A 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 132837950.

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.