ESOP · DOL Form 5500 · 2023

Southeast Power Systems, Inc. ESOP

Data updated 2026-08-25

$18K
Total assets Small plan by assets
40
Participants Small participant base
2nd
Percentile by assets National rank
$438
Avg per participant Low balance/head
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Official DOL plan name: Southeast Power Systems, Inc. Employee Stock Ownership Plan · Sponsored by Southeast Power Systems, Inc. · Florida · Other Services

$18K in assets, 40 participants

Southeast Power Systems, Inc.'s Southeast Power Systems, Inc. Employee Stock Ownership Plan reported $18K in total assets and 40 participants in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.

  • #288 in Other Services (7,857 peers)

2023 asset change

Southeast Power Systems, Inc. Employee Stock Ownership Plan contracted severely 99.9% in 2023 ($15M → $18K) for 40 participants.

#288
in Other Services (7,857 peers)
-99.9%
assets change YoY

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southeast Power Systems, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$17,512 2nd percentile higher than 2% of 127,068 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 2023

Southeast Power Systems, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southeast Power Systems, Inc. Employee Stock Ownership Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southeast Power Systems, Inc. Employee Stock Ownership Plan reported net income fell from -$3M in the plan year 2022 filing to -$15M in the plan year 2023 filing.
  • Southeast Power Systems, Inc. Employee Stock Ownership Plan end-of-year assets fell from $15M in the plan year 2022 filing to $18K in the plan year 2023 filing.
  • Southeast Power Systems, Inc. Employee Stock Ownership Plan reported participants fell from 51 in the plan year 2022 filing to 40 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 590814095 · Southeast Power Systems, Inc. PY 2023 · ESOP

Southeast Power Systems, Inc. Employee Stock Ownership Plan · $18K · 40 · 2nd

  • BOOK $18K
  • VS-ST 40
  • BOY 2nd
  • SCH ESOP
  • EBSA near Lr Services, Inc. ESOP and Profit Sharing Plan
  • PART ind #288

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 Florida →

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

Southeast Power Systems, Inc. Employee Stock Ownership PlanSoutheast Power Systems, Inc…$18KLr Services, Inc. ESOP and Profit Sharing PlanLr Services, Inc. ESOP and P…$18KFirst Guaranty Bank Employee Stock Ownership PlanFirst Guaranty Bank Employee…$17KD. C. Elevator, Inc. Employee Stock Ownership PlanD. C. Elevator, Inc. Employe…$18KQuestra Holdings, Inc. Employee Stock Ownership PlanQuestra Holdings, Inc. Emplo…$18K
End-of-year total assets ($M) among Southeast Power Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Southeast Power Systems, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Southeast Power Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$5M$10M$15M$20M 202220232024 $15.1M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 51 $15M
2023 1 40 $18K
2024 1 40 N/A

2023 asset-move particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)-$5M
Net Income-$15M
Employer EIN590814095
Plan Effective Date1983-09-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Florida

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

Southeast Power Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Southeast Power Systems, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000017512 · Participants: 40Southeast Power Systems, Inc. Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 11.810430673 · Participants: 141229Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 0.836004639 · Participants: 15500Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanRsr Employee Stock Ownership Plan, Total assets ($B): 0.390019755 · Participants: 382Rsr Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.367604547 · Participants: 233Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.324400117 · Participants: 5365Thirty Fifteen Employee Stock Ownership Plan
Southeast Power Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

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

Outside Florida, the nearest ESOP by assets is Lr Services, Inc. ESOP and Profit Sharing Plan in TX ($18K); by covered participants it is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southeast Power Systems, Inc. Employee Stock Ownership Plan assets move in 2023?
Southeast Power Systems, Inc. Employee Stock Ownership Plan contracted severely - down 99.9% during 2023, from $15M to $18K. Reported net income was -$15M.
Where does Southeast Power Systems, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Southeast Power Systems, Inc. Employee Stock Ownership Plan ranks in the 2nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Southeast Power Systems, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Lr Services, Inc. ESOP and Profit Sharing Plan in TX ($18K, 16 participants).
Which ESOP plans cover a similar participant headcount to Southeast Power Systems, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY (40 participants, $2M in assets).