ESOP · DOL Form 5500 · 2024

Adman Electric, Inc. ESOP

Data updated 2026-08-25

$29M
Total assets Below avg plan size
32
Participants Small participant base
77th
Percentile by assets National rank
$898,873
Avg per participant High balance/head
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Official DOL plan name: Adman Electric, Inc. Employee Stock Ownership Plan · Sponsored by Adman Electric, Inc. · Tennessee · Construction

$29M in assets, 32 participants

Adman Electric, Inc.'s Adman Electric, Inc. Employee Stock Ownership Plan reported $29M in total assets and 32 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #6,804 in Construction (9,039 peers)

Where Adman Electric, Inc. Employee Stock Ownership Plan sits by assets

Adman Electric, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $29M for 32 participants (~$898,873/participant), up 36.8% in 2024.

#6,804
in Construction (9,039 peers)
+36.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Adman Electric, Inc. Employee Stock Ownership Plan's outsized position by total assets

Adman Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$28,763,941 Top 23% higher than 77% 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

Adman Electric, Inc. 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. Adman Electric, Inc. Employee Stock Ownership Plan is a small filing (32 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Adman Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $21M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Adman Electric, Inc. Employee Stock Ownership Plan reported net income fell from $11M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 620940456 · Adman Electric, Inc. PY 2024 · ESOP

Adman Electric, Inc. Employee Stock Ownership Plan · $29M · 32 · 77th

  • BOY $29M
  • BOY 32
  • BOY 77th
  • BOY ESOP
  • BOY near Ats ESOP Holdings, Inc. Employee Stock Ownership Plan
  • BOY ind #6804

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 Tennessee →

Adman Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Poblocki Paving Corp. Employee Stock Ownership PlanPoblocki Paving Corp. Employ…$29MAdman Electric, Inc. Employee Stock Ownership PlanAdman Electric, Inc. Employe…$29MAts ESOP Holdings, Inc. Employee Stock Ownership PlanAts ESOP Holdings, Inc. Empl…$29MImperial Brown, Inc. Employee Stock Ownership PlanImperial Brown, Inc. Employe…$29MLe Fiell Manufacturing Company Employee Stock Ownership PlanLe Fiell Manufacturing Compa…$29M
End-of-year total assets ($M) among Adman Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$28M
Net Income$8M
Employer EIN620940456
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Adman Electric, Inc.)

Sponsor-wide plan assets over time

All Adman Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 201.82519412381953% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $9.53M $28.8M ▲ +201.8%
Year Plans Participants Total Assets
2022 1 30 $10M
2023 1 32 $21M
2024 1 32 $29M

Nearby ESOP Plans in Tennessee

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

Adman Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -500050010001500 0100200300400500 Total assets ($M) Participants Adman Electric, Inc. Employee Stock Ownership Plan, Total assets ($M): 28.763941 · Participants: 32Adman Electric, Inc. Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 470.413823 · Participants: 403Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.006343 · Participants: 201Zander Group Holdings, Inc. Employee Stock Ownership PlanNational Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 168.305927 · Participants: 1385National Health Corp Leveraged Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 143.44577 · Participants: 5153ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 116.245191 · Participants: 507Smith Seckman Reid, Inc. Employee Stock Ownership Plan
Adman Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Adman Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Adman Electric, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Tennessee, the nearest ESOP by assets is Ats ESOP Holdings, Inc. Employee Stock Ownership Plan in VA ($29M); by covered participants it is Apache Pipelines, Inc. Employee Stock Ownership Plan in AZ (32 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (32 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 Adman Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Adman Electric, Inc. Employee Stock Ownership Plan surged - up 36.8% during 2024, from $21M to $29M. Reported net income was $8M.
How have Adman Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Adman Electric, Inc.'s sponsor-wide assets grew 201.8%, from $10M to $29M.
Where does Adman Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Adman Electric, Inc. Employee Stock Ownership Plan ranks in the 77th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Adman Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ats ESOP Holdings, Inc. Employee Stock Ownership Plan in VA ($29M, 609 participants).
Which ESOP plans cover a similar participant headcount to Adman Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Apache Pipelines, Inc. Employee Stock Ownership Plan in AZ (32 participants, $607K 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 620940456.

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.