ESOP · DOL Form 5500 · 2024
Adman Electric, Inc. ESOP
Data updated 2026-07-24
- $29M
- Total assets
- 32
- Participants
- 77th
- Percentile by assets
- $898,873
- Avg per participant
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.
- 77th percentile by assets (of 116,472 plans)
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.
- $29M
- total plan assets (2024 EOY)
- 32
- covered participants
- 77th
- percentile by assets (of 116,472 plans)
- $898,873
- avg assets per participant
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.
Adman Electric, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Adman Electric, Inc. Employee Stock Ownership Plan outranks 77% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | $8M |
| Employer EIN | 620940456 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Adman Electric, Inc.)
| 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
- Barr Brands International Amended and Restated Employee Stock Ownership Plan $470M · 403
- Zander Group Holdings, Inc. Employee Stock Ownership Plan $247M · 201
- National Health Corp Leveraged Employee Stock Ownership Plan $168M · 1,385
- 3ls, Inc. Employee Stock Ownership Plan $143M · 515
- Smith Seckman Reid, Inc. Employee Stock Ownership Plan $116M · 507
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Adman Electric, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Adman Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Adman Electric, Inc. plan assets changed over time? ▼
Where does Adman Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Ways to act on Adman Electric, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Adman Electric, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
- Adman Electric, Inc.'s sponsor-wide assets have grown 201.8% 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 620940456.
Read our methodology - how this data is sourced, computed, and verified.