ESOP · DOL Form 5500 · 2024

Spencer's Air Conditioning & Appliance, Inc. ESOP

Data updated 2026-08-11

$415M
Total assets: 263
Participants: 97th
Percentile by assets: $1.6M
Avg per participant

Official DOL plan name: Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan · Sponsored by Spencer's Air Conditioning & Appliance, Inc. · Arizona · Retail Trade

$415M in assets, 263 participants

Spencer's Air Conditioning & Appliance, Inc.'s Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan reported $415M in total assets and 263 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 123,622 plans)
#7,887 in Retail Trade (8,048 peers)

Coverage in Arizona

Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan covers 263 participants in Arizona, about 47% of the average Arizona filer (state average ~564 per filing). Assets: $415M.

$415M
total plan assets (2024 EOY): 263
covered participants: 97th
percentile by assets (of 123,622 plans): $1.6M
avg assets per participant

Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan reported net income rose from -$8M in the plan year 2023 filing to $103M in the plan year 2024 filing.
Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan end-of-year assets rose from $313M in the plan year 2023 filing to $415M in the plan year 2024 filing.
Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan reported participants rose from 253 in the plan year 2023 filing to 263 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Arizona

Industry

Retail Trade

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan reports 263 participants - about 47% of that state average ($415M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)	$313M
Net Assets (End of Year)	$375M
Net Income	$103M
Employer EIN	860292380
Plan Effective Date	2015-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Spencer's Air Conditioning & Appliance, Inc.)

Total plan assets by year, all Spencer's Air Conditioning & Appliance, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	488	$327M
2023	2	505	$334M
2024	2	526	$438M

Nearby ESOP Plans in Arizona

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

Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

The Sundt Companies Employee Stock Ownership Plan $1.5B · 3,220
U-Haul Holding Company Employee Stock Ownership Plan $561M · 21,253
Wilson Electric Services Corp. Employee Stock Ownership Plan $262M · 757
Pima Medical Institute Employee Stock Ownership Plan $226M · 1,089
Suntec Employee Stock Ownership Plan $171M · 1,444

Compare Spencer's Air Conditioning & Appliance, … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan by total assets, not by location.

Golden Hippo Employee Stock Ownership Plan (CA) $415M · 1,140
Annett Holdings, Inc. Employee Stock Ownership Plan & Trust (IA) $419M · 2,972
Westat, Inc. Employee Stock Ownership Plan (MD) $419M · 3,167
Motor City Electric Co. Employee Stock Ownership Plan (MI) $410M · 218

Frequently Asked Questions

How did Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan surged - up 32.4% during 2024, from $313M to $415M. Reported net income was $103M.

How have Spencer's Air Conditioning & Appliance, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Spencer's Air Conditioning & Appliance, Inc.'s sponsor-wide assets grew 34.2%, from $327M to $438M.

Where does Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which ESOP plans are similar in size to Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Golden Hippo Employee Stock Ownership Plan in CA ($415M, 1,140 participants).

Next read for Spencer's Air Conditioning & Appliance, …

Filing takeaways

Ways to act on Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Arizona. Compare plans
Spencer's Air Conditioning & Appliance, Inc.'s sponsor-wide assets have grown 34.2% since 2022 across 3 plan years on file. More Retail Trade plans

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 860292380.