ESOP · DOL Form 5500 · 2024
Mike Brown Electric Co. ESOP
Data updated 2026-08-25
- $34M
- Total assets Below avg plan size
- 21
- Participants Small participant base
- 79th
- Percentile by assets National rank
- $1.6M
- Avg per participant High balance/head
Official DOL plan name: Mike Brown Electric Co. Employee Stock Ownership Plan · Sponsored by Mike Brown Electric Co. · California · Construction
$34M in assets, 21 participants
Mike Brown Electric Co.'s Mike Brown Electric Co. Employee Stock Ownership Plan reported $34M in total assets and 21 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.
- #7,025 in Construction (9,039 peers)
Where Mike Brown Electric Co. Employee Stock Ownership Plan sits by assets
Mike Brown Electric Co. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $34M for 21 participants (~$1.6M/participant), down 5.9% in 2024.
- #7,025
- in Construction (9,039 peers)
- -5.9%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Mike Brown Electric Co. Employee Stock Ownership Plan's outsized position by total assets
Mike Brown Electric Co. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$34,375,819 Top 21% higher than 79% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Mike Brown Electric Co. 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. Mike Brown Electric Co. Employee Stock Ownership Plan is a small filing (21 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Mike Brown Electric Co. Employee Stock Ownership Plan reported net income fell from $13M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Mike Brown Electric Co. Employee Stock Ownership Plan reported participants rose from 19 in the plan year 2023 filing to 21 in the plan year 2024 filing.
- Mike Brown Electric Co. Employee Stock Ownership Plan end-of-year assets fell from $37M in the plan year 2023 filing to $34M in the plan year 2024 filing.
DOL schedule card
Filing strip 680320151 · Mike Brown Electric Co. PY 2024 · ESOP
Mike Brown Electric Co. Employee Stock Ownership Plan · $34M · 21 · 79th
- PHOTO $34M
- PHOTO 21
- PHOTO 79th
- PHOTO ESOP
- PHOTO near Fisher Tank Company Employee Stock Ownership Plan
- PHOTO ind #7025
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 California →
Mike Brown Electric Co. Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $37M |
|---|---|
| Net Assets (End of Year) | $34M |
| Net Income | -$2M |
| Employer EIN | 680320151 |
| Plan Effective Date | 2016-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mike Brown Electric Co.)
Sponsor-wide plan assets over time
All Mike Brown Electric Co. plans reported in each filing year
- Latest sponsor-wide plan assets
- $34M 45.20067141725193% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 22 | $24M |
| 2023 | 1 | 19 | $37M |
| 2024 | 1 | 21 | $34M |
Nearby ESOP Plans in California
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Parsons Employee Stock Ownership Plan $5.0B · 8,040
- Acco Employee Stock Ownership Plan $1.7B · 1,499
- Rosendin Electric, Inc. Employee Stock Ownership Plan $1.5B · 1,998
- Ecc Employee Stock Ownership Plan $632M · 317
- Agron, Inc. Employee Stock Ownership Plan $596M · 68
Mike Brown Electric Co. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside California, the nearest ESOP by assets is Fisher Tank Company Employee Stock Ownership Plan in PA ($34M); by covered participants it is Bell Stone Granite Employee Stock Ownership Plan in AZ (21 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($34M here).
- Fisher Tank Company Employee Stock Ownership Plan (PA) $34M · 54
- Electrotech Service Equipment Corporation Employee Stock Ownership Plan (NY) $34M · 27
- Knowles Industrial Services Corporation Employee Stock Ownership Plan (ME) $34M · 83
- Embroidery Library, Inc Employee Stock Ownership Plan and Trust (MN) $34M · 36
Similar participant headcount
Nearest other-state filings by covered participants (21 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.