ESOP · DOL Form 5500 · 2024

Torgeson Electric Co., Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
103
Participants Small participant base
61st
Percentile by assets National rank
$123,374
Avg per participant Near avg balance/head
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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.

  • #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.

#5,372
in Construction (9,039 peers)
+9.5%
assets growth YoY

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

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 $2,050,000,000 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

Torgeson 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. Torgeson Electric Company Employee Stock Ownership Plan sits mid-pack in the medium band (103 participants).

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 →

Form 5500 schedule snapshot

Filing strip 480891707 · Torgeson Electric Co., Inc. PY 2024 · ESOP

Torgeson Electric Company Employee Stock Ownership Plan · $13M · 103 · 61st

  • PART $13M
  • TYPE 103
  • NET 61st
  • BOOK ESOP
  • VS-ST near Beacon Electric Company Employee Stock Ownership Plan
  • BOY ind #5372

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 Kansas →

Torgeson Electric Company Employee Stock Ownership Plan in the asset neighbourhood

Beacon 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…$13MConcord General Contracting, Inc. Employee Stock Ownership PlanConcord General Contracting,…$13MMelink Corporation Employee Stock Ownership PlanMelink Corporation Employee …$13M
End-of-year total assets ($M) among Torgeson Electric Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Torgeson Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 37.445560421292996% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.3M $26.6M ▲ +37.4%
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 ($M) Participants Torgeson Electric Company Employee Stock Ownership Plan, Total assets ($M): 12.707566 · Participants: 103Torgeson Electric Company Employee Stock Ownership PlanHarcros Chemicals, Inc. Employee Stock Ownership Plan, Total assets ($M): 302.929989 · Participants: 554Harcros Chemicals, Inc. Employee Stock Ownership PlanCerris, Inc. Employee Stock Ownership Plan, Total assets ($M): 261.880582 · Participants: 609Cerris, Inc. Employee Stock Ownership PlanIntegra Technologies Employee Stock Ownership Plan, Total assets ($M): 143.017096 · Participants: 585Integra Technologies Employee Stock Ownership PlanHenderson Companies Employee Stock Ownership Plan, Total assets ($M): 111.840084 · Participants: 1016Henderson Companies Employee Stock Ownership PlanBerkel & Company Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 105.766157 · Participants: 418Berkel & Company Contractors, Inc. Employee Stock Ownership Plan
Torgeson Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants
Compare Torgeson Electric Company Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Kansas, the nearest ESOP by assets is Beacon Electric Company Employee Stock Ownership Plan in OH ($13M); by covered participants it is Cci Holdings, Inc. Employee Stock Ownership Plan in IN (103 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (103 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 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).
Which ESOP plans cover a similar participant headcount to Torgeson Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Cci Holdings, Inc. Employee Stock Ownership Plan in IN (103 participants, $91M 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 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.