ESOP · DOL Form 5500 · 2024

Hunt Electric Corporation ESOP

Data updated 2026-08-25

$193M
Total assets Near avg plan size
318
Participants Below avg headcount
94th
Percentile by assets National rank
$606,154
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hunt Electric Employee Stock Ownership Plan and Trust · Sponsored by Hunt Electric Corporation · Minnesota · Construction

$193M in assets, 318 participants

Hunt Electric Corporation's Hunt Electric Employee Stock Ownership Plan and Trust reported $193M in total assets and 318 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,405 in Construction (9,039 peers)

Coverage in Minnesota

Hunt Electric Employee Stock Ownership Plan and Trust covers 318 participants in Minnesota, about 28% of the average Minnesota filer (state average ~1,126 per filing). Assets: $193M.

#8,405
in Construction (9,039 peers)
+117.3%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Hunt Electric Employee Stock Ownership Plan and Trust's outsized position by total assets

Hunt Electric Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$192,756,887 Top 6% higher than 94% 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

Hunt Electric Employee Stock Ownership Plan and Trust 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. Hunt Electric Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (318 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hunt Electric Employee Stock Ownership Plan and Trust reported net income rose from $8M in the plan year 2023 filing to $104M in the plan year 2024 filing.
  • Hunt Electric Employee Stock Ownership Plan and Trust end-of-year assets rose from $89M in the plan year 2023 filing to $193M in the plan year 2024 filing.
  • Hunt Electric Employee Stock Ownership Plan and Trust reported participants rose from 257 in the plan year 2023 filing to 318 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410888550 · Hunt Electric Corporation PY 2024 · ESOP

Hunt Electric Employee Stock Ownership Plan and Trust · $193M · 318 · 94th

  • ASSETS $193M
  • PCT 318
  • EIN 94th
  • RANK ESOP
  • PHOTO near Ulteig, Inc. Employee Stock Ownership Plan
  • IND ind #8405

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 Minnesota →

Hunt Electric Employee Stock Ownership Plan and Trust in the asset neighbourhood

Radiance Technologies, Inc. Employee Stock Ownership PlanRadiance Technologies, Inc. …$195MPavement Recycling Systems, Inc. Employee Stock Ownership PlanPavement Recycling Systems, …$193MUlteig, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock …$193MHunt Electric Employee Stock Ownership Plan and TrustHunt Electric Employee Stock…$193MScott Electric Company Employee Stock Ownership PlanScott Electric Company Emplo…$192M
End-of-year total assets ($M) among Hunt Electric Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$187M
Net Income$104M
Employer EIN410888550
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hunt Electric Corporation)

Sponsor-wide plan assets over time

All Hunt Electric Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$291M 80.17305814708399% vs 2022
2024 filing year
$100M$150M$200M$250M$300M$350M 202220232024 $161M $291M ▲ +80.2%
Year Plans Participants Total Assets
2022 3 598 $161M
2023 3 690 $186M
2024 3 788 $291M

Nearby ESOP Plans in Minnesota

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

Hunt Electric Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 020040060080010001200 Total assets ($M) Participants Hunt Electric Employee Stock Ownership Plan and Trust, Total assets ($M): 192.756887 · Participants: 318Hunt Electric Employee Stock Ownership Plan and TrustAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Hunt Electric Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Hunt Electric Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Ulteig, Inc. Employee Stock Ownership Plan in ND ($193M); by covered participants it is Zealandia Holding Company, Inc. Employee Stock Ownership Plan in NC (318 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (318 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 Hunt Electric Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Hunt Electric Employee Stock Ownership Plan and Trust surged - up 117.3% during 2024, from $89M to $193M. Reported net income was $104M.
How have Hunt Electric Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hunt Electric Corporation's sponsor-wide assets grew 80.2%, from $161M to $291M.
Where does Hunt Electric Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Hunt Electric Employee Stock Ownership Plan and Trust ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Hunt Electric Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Ulteig, Inc. Employee Stock Ownership Plan in ND ($193M, 1,117 participants).
Which ESOP plans cover a similar participant headcount to Hunt Electric Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Zealandia Holding Company, Inc. Employee Stock Ownership Plan in NC (318 participants, $24M 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 410888550.

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.