ESOP · DOL Form 5500 · 2024

Nelco Electric, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
30
Participants Small participant base
27th
Percentile by assets National rank
$49,705
Avg per participant Low balance/head
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Official DOL plan name: Nelco Electric, Inc. Employee Stock Ownership Plan · Sponsored by Nelco Electric, Inc. · Wisconsin · Professional & Technical Services

$1M in assets, 30 participants

Nelco Electric, Inc.'s Nelco Electric, Inc. Employee Stock Ownership Plan reported $1M in total assets and 30 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #4,415 in Professional & Technical Services (20,173 peers)

Nelco Electric, Inc. multi-year trail

Nelco Electric, Inc.'s plans moved +645.5% in assets from 2022 to 2024; this filing shows Nelco Electric, Inc. Employee Stock Ownership Plan at $1M / 30 participants.

#4,415
in Professional & Technical Services (20,173 peers)
+170.8%
assets growth YoY

Nelco Electric, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Nelco Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$1,491,160 27th percentile higher than 27% 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

Nelco Electric, 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. Nelco Electric, Inc. Employee Stock Ownership Plan is a small filing (30 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nelco Electric, Inc. Employee Stock Ownership Plan reported net income rose from $379K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Nelco Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $551K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Nelco Electric, Inc. Employee Stock Ownership Plan reported participants fell from 32 in the plan year 2023 filing to 30 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 850487790 · Nelco Electric, Inc. PY 2024 · ESOP

Nelco Electric, Inc. Employee Stock Ownership Plan · $1M · 30 · 27th

  • TYPE $1M
  • TYPE 30
  • TYPE 27th
  • TYPE ESOP
  • TYPE near Peru Federal Savings Bank Employee Stock Ownership Plan
  • TYPE ind #4415

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 Wisconsin →

Nelco Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Nelco Electric, Inc. Employee Stock Ownership PlanNelco Electric, Inc. Employe…$1MPeru Federal Savings Bank Employee Stock Ownership PlanPeru Federal Savings Bank Em…$1MSoiltest Farm Consultants, Inc Employee Stock Ownership PlanSoiltest Farm Consultants, I…$1MSnell-Zornig Funeral Homes, Inc. ESOPSnell-Zornig Funeral Homes, …$1MMoss Greenhouses, Inc. Employee Stock Ownership Plan and TrustMoss Greenhouses, Inc. Emplo…$1M
End-of-year total assets ($M) among Nelco Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Nelco Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$1M 645.5203583713303% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M$2M 202220232024 $0.2M $1.49M ▲ +645.0%
Year Plans Participants Total Assets
2022 1 36 $200K
2023 1 32 $551K
2024 1 30 $1M

Nelco Electric, Inc. filing trail (2024)

Total Assets (Beginning of Year)$551K
Net Assets (End of Year)$1M
Net Income$2M
Employer EIN850487790
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Wisconsin

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

Nelco Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants Nelco Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00149116 · Participants: 30Nelco Electric, Inc. Employee Stock Ownership PlanSchreiber Foods, Inc Employee Stock Ownership Plan, Total assets ($B): 3.761100176 · Participants: 6519Schreiber Foods, Inc Employee Stock Ownership PlanWoodman's Employees' Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.795573537 · Participants: 2967Woodman's Employees' Profit Sharing and Stock Ownership PlanKi Employee Stock Ownership Plan, Total assets ($B): 0.604138718 · Participants: 1689Ki Employee Stock Ownership PlanWausau Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.332844757 · Participants: 834Wausau Supply Company Employee Stock Ownership PlanTrachte Building Systems Employee Stock Ownership Plan, Total assets ($B): 0.31505419 · Participants: 266Trachte Building Systems Employee Stock Ownership Plan
Nelco Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants
Compare Nelco Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Wisconsin, the nearest ESOP by assets is Peru Federal Savings Bank Employee Stock Ownership Plan in IL ($1M); by covered participants it is Blankenberger Brothers, Inc. Employee Stock Ownership Plan and Trust Agreement in IN (30 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (30 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 Nelco Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Nelco Electric, Inc. Employee Stock Ownership Plan surged - up 170.8% during 2024, from $551K to $1M. Reported net income was $2M.
How have Nelco Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nelco Electric, Inc.'s sponsor-wide assets grew 645.5%, from $200K to $1M.
Which ESOP plans are similar in size to Nelco Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Peru Federal Savings Bank Employee Stock Ownership Plan in IL ($1M, 24 participants).
Which ESOP plans cover a similar participant headcount to Nelco Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Blankenberger Brothers, Inc. Employee Stock Ownership Plan and Trust Agreement in IN (30 participants, $19M 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 850487790.

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.