ESOP · DOL Form 5500 · 2024

Advantage Electric & Controls, Inc. ESOP

Data updated 2026-08-25

$16M
Total assets Small plan by assets
51
Participants Small participant base
65th
Percentile by assets National rank
$307,327
Avg per participant High balance/head
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Official DOL plan name: Advantage Electric & Controls, Inc. Employee Stock Ownership Plan · Sponsored by Advantage Electric & Controls, Inc. · Michigan · Construction

$16M in assets, 51 participants

Advantage Electric & Controls, Inc.'s Advantage Electric & Controls, Inc. Employee Stock Ownership Plan reported $16M in total assets and 51 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #5,801 in Construction (9,039 peers)

Advantage Electric & Controls, Inc. multi-year trail

Advantage Electric & Controls, Inc.'s plans moved +288.0% in assets from 2022 to 2024; this filing shows Advantage Electric & Controls, Inc. Employee Stock Ownership Plan at $16M / 51 participants.

#5,801
in Construction (9,039 peers)
+75.7%
assets growth YoY

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$15,673,664 Top 35% higher than 65% 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

Advantage Electric & Controls, 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. Advantage Electric & Controls, Inc. Employee Stock Ownership Plan is a small filing (51 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Advantage Electric & Controls, Inc. Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Advantage Electric & Controls, Inc. Employee Stock Ownership Plan reported net income rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Advantage Electric & Controls, Inc. Employee Stock Ownership Plan reported participants fell from 54 in the plan year 2023 filing to 51 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 383453245 · Advantage Electric & Controls, Inc. PY 2024 · ESOP

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan · $16M · 51 · 65th

  • PART $16M
  • PART 51
  • PART 65th
  • PART ESOP
  • PART near The Cato Corporation Employee Stock Ownership Plan
  • PART ind #5801

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 Michigan →

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Hunter Associates Laboratory, Inc. Employee Stock Ownership PlanHunter Associates Laboratory…$16MMonteith Construction Corp. Employee Stock Ownership PlanMonteith Construction Corp. …$16MAgricultural Services, Inc. Employee Stock Ownership PlanAgricultural Services, Inc. …$16MAdvantage Electric & Controls, Inc. Employee Stock Ownership PlanAdvantage Electric & Control…$16MThe Cato Corporation Employee Stock Ownership PlanThe Cato Corporation Employe…$16M
End-of-year total assets ($M) among Advantage Electric & Controls, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Advantage Electric & Controls, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Advantage Electric & Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 287.9537217772097% vs 2022
2024 filing year
$0M$5M$10M$15M$20M 202220232024 $4.04M $15.7M ▲ +287.9%
Year Plans Participants Total Assets
2022 1 58 $4M
2023 1 54 $9M
2024 1 51 $16M

Advantage Electric & Controls, Inc. filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$2M
Net Income$7M
Employer EIN383453245
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Advantage Electric & Controls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Advantage Electric & Controls, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.015673664 · Participants: 51Advantage Electric & Controls, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Advantage Electric & Controls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest ESOP by assets is The Cato Corporation Employee Stock Ownership Plan in NC ($16M); by covered participants it is Campbell Company Employee Stock Ownership Plan & Trust in ID (51 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 Advantage Electric & Controls, Inc. Employee Stock Ownership Plan assets move in 2024?
Advantage Electric & Controls, Inc. Employee Stock Ownership Plan surged - up 75.7% during 2024, from $9M to $16M. Reported net income was $7M.
How have Advantage Electric & Controls, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Advantage Electric & Controls, Inc.'s sponsor-wide assets grew 288.0%, from $4M to $16M.
Which ESOP plans are similar in size to Advantage Electric & Controls, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is The Cato Corporation Employee Stock Ownership Plan in NC ($16M, 2,618 participants).
Which ESOP plans cover a similar participant headcount to Advantage Electric & Controls, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Campbell Company Employee Stock Ownership Plan & Trust in ID (51 participants, $10M in assets).