ESOP · DOL Form 5500 · 2024

Torgeson Electric Co., Inc. ESOP

Data updated 2026-08-11

$13M
Total assets
103
Participants
61st
Percentile by assets
$123,374
Avg per participant
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Official DOL plan name: Torgeson Electric Company Employee Stock Ownership Plan · Sponsored by Torgeson Electric Co., Inc. · Kansas · Construction

$13M in assets, 103 participants

Torgeson Electric Co., Inc.'s Torgeson Electric Company Employee Stock Ownership Plan reported $13M in total assets and 103 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.

  • 61st percentile by assets (of 123,622 plans)
  • #5,372 in Construction (9,039 peers)

Coverage in Kansas

Torgeson Electric Company Employee Stock Ownership Plan covers 103 participants in Kansas, about 29% of the average Kansas filer (state average ~360 per filing). Assets: $13M.

$13M
total plan assets (2024 EOY)
103
covered participants
61st
percentile by assets (of 123,622 plans)
$123,374
avg assets per participant

Where Torgeson Electric Company Employee Stock Ownership Plan sits by total assets

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

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

$12,707,566 Top 39% higher than 61% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Torgeson Electric Company Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Torgeson Electric Company Employee Stock Ownership Plan reported participants rose from 89 in the plan year 2023 filing to 103 in the plan year 2024 filing.
  • Torgeson Electric Company Employee Stock Ownership Plan end-of-year assets rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Kansas
Industry
Construction

Participants vs Kansas filers

In Kansas, the average filing covers about 360 participants across 1,174 plans. Torgeson Electric Company Employee Stock Ownership Plan reports 103 participants - about 29% of that state average ($13M EOY assets).

Kansas filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN480891707
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Torgeson Electric Co., Inc.)

$15M$20M$25M$30M 202220232024 $19.3M $26.6M ▲ +37.4%
Total plan assets by year, all Torgeson Electric Co., Inc. plans on file
Year Plans Participants Total Assets
2022 2 221 $19M
2023 2 209 $23M
2024 2 226 $27M

Nearby ESOP Plans in Kansas

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

Torgeson Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants Scatter plot of 6 data points. 050010001500 -1000100200300400 Total assets ($M) Participants Torgeson Electric Co…, Total assets ($M): 12.707566 · Participants: 103Torgeson Electric Co…Harcros Chemicals, I…, Total assets ($M): 302.929989 · Participants: 554Harcros Chemicals, I…Cerris, Inc. Employe…, Total assets ($M): 261.880582 · Participants: 609Cerris, Inc. Employe…Integra Technologies…, Total assets ($M): 143.017096 · Participants: 585Integra Technologies…Henderson Companies …, Total assets ($M): 111.840084 · Participants: 1016Henderson Companies …Berkel & Company Con…, Total assets ($M): 105.766157 · Participants: 418Berkel & Company Con…
Torgeson Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants
Compare Torgeson Electric Company Employee Stock… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Torgeson Electric Company Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Torgeson Electric Company Employee Stock Ownership Plan assets move in 2024? ▼
Torgeson Electric Company Employee Stock Ownership Plan grew at a solid clip - up 9.5% during 2024, from $12M to $13M. Reported net income was $1M.
How have Torgeson Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Torgeson Electric Co., Inc.'s sponsor-wide assets grew 37.4%, from $19M to $27M.
Which ESOP plans are similar in size to Torgeson Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Beacon Electric Company Employee Stock Ownership Plan in OH ($13M, 113 participants).

Next read for Torgeson Electric Company Employee Stock…

Filing takeaways

Ways to act on Torgeson Electric Company Employee Stock Ownership Plan's numbers.

  • By total assets, Torgeson Electric Company Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Kansas. Compare plans
  • Torgeson Electric Co., Inc.'s sponsor-wide assets have grown 37.4% since 2022 across 3 plan years on file. More Construction 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 480891707.

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.