ESOP · DOL Form 5500 · 2024

Beacon Electric Company ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
113
Participants Small participant base
61st
Percentile by assets National rank
$112,611
Avg per participant Below avg balance/head
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Official DOL plan name: Beacon Electric Company Employee Stock Ownership Plan · Sponsored by Beacon Electric Company · Ohio · Construction

$13M in assets, 113 participants

Beacon Electric Company's Beacon Electric Company Employee Stock Ownership Plan reported $13M in total assets and 113 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #5,374 in Construction (9,039 peers)

Coverage in Ohio

Beacon Electric Company Employee Stock Ownership Plan covers 113 participants in Ohio, about 15% of the average Ohio filer (state average ~765 per filing). Assets: $13M.

#5,374
in Construction (9,039 peers)
+121.5%
assets growth YoY

Beacon Electric Company Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Beacon Electric Company Employee Stock Ownership Plan vs every filed plan by assets

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

$12,725,000 Top 39% higher than 61% 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

Beacon Electric Company Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Beacon Electric Company Employee Stock Ownership Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Beacon Electric Company Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Beacon Electric Company Employee Stock Ownership Plan reported net income rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Beacon Electric Company Employee Stock Ownership Plan reported participants rose from 109 in the plan year 2023 filing to 113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 311058353 · Beacon Electric Company PY 2024 · ESOP

Beacon Electric Company Employee Stock Ownership Plan · $13M · 113 · 61st

  • NET $13M
  • BOOK 113
  • VS-ST 61st
  • BOY ESOP
  • SCH near Imtra Corporation Employee Stock Ownership Plan
  • EBSA ind #5374

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 Ohio →

Beacon Electric Company Employee Stock Ownership Plan in the asset neighbourhood

Dynachem, Inc. Employee Stock Ownership PlanDynachem, Inc. Employee Stoc…$13MThe Media Loft, Inc. Employee Stock Ownership Plan and TrustThe Media Loft, Inc. Employe…$13MBeacon Electric Company Employee Stock Ownership PlanBeacon Electric Company Empl…$13MImtra Corporation Employee Stock Ownership PlanImtra Corporation Employee S…$13MTorgeson Electric Company Employee Stock Ownership PlanTorgeson Electric Company Em…$13M
End-of-year total assets ($M) among Beacon Electric Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)-$3M
Net Income$7M
Employer EIN311058353
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beacon Electric Company)

Sponsor-wide plan assets over time

All Beacon Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$22M 146.11197416115925% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $9.11M $22.4M ▲ +146.2%
Year Plans Participants Total Assets
2022 2 241 $9M
2023 2 220 $14M
2024 2 230 $22M

Nearby ESOP Plans in Ohio

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

Beacon Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Beacon Electric Company Employee Stock Ownership Plan, Total assets ($B): 0.012725 · Participants: 113Beacon Electric Company Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
Beacon Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Beacon Electric Company Employee Stock Ownership Plan side-by-side with 3 peers →

Beacon Electric Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Imtra Corporation Employee Stock Ownership Plan in MA ($13M); by covered participants it is Multi Image Group, Inc. Employee Stock Ownership Plan in FL (113 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (113 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 Beacon Electric Company Employee Stock Ownership Plan assets move in 2024? ▼
Beacon Electric Company Employee Stock Ownership Plan surged - up 121.5% during 2024, from $6M to $13M. Reported net income was $7M.
How have Beacon Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beacon Electric Company's sponsor-wide assets grew 146.1%, from $9M to $22M.
Which ESOP plans are similar in size to Beacon Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Imtra Corporation Employee Stock Ownership Plan in MA ($13M, 79 participants).
Which ESOP plans cover a similar participant headcount to Beacon Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Multi Image Group, Inc. Employee Stock Ownership Plan in FL (113 participants, $1M 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 311058353.

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.