ESOP · DOL Form 5500 · 2024

United Electric Supply Company, Inc. ESOP

Data updated 2026-08-11

$116M
Total assets: 328
Participants: 91st
Percentile by assets: $354,630
Avg per participant

Official DOL plan name: United Electric Supply Company Employee Stock Ownership Plan · Sponsored by United Electric Supply Company, Inc. · Delaware · Wholesale Trade

$116M in assets, 328 participants

United Electric Supply Company, Inc.'s United Electric Supply Company Employee Stock Ownership Plan reported $116M in total assets and 328 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 123,622 plans)
#5,661 in Wholesale Trade (6,080 peers)

Where United Electric Supply Company Employee Stock Ownership Plan sits by assets

United Electric Supply Company Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $116M for 328 participants (~$354,630/participant), down 5.3% in 2024.

$116M
total plan assets (2024 EOY): 328
covered participants: 91st
percentile by assets (of 123,622 plans): $354,630
avg assets per participant

The plan reported a net loss of $19M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

United Electric Supply Company Employee Stock Ownership Plan reported net income fell from -$9M in the plan year 2023 filing to -$19M in the plan year 2024 filing.
United Electric Supply Company Employee Stock Ownership Plan reported participants rose from 278 in the plan year 2023 filing to 328 in the plan year 2024 filing.
United Electric Supply Company Employee Stock Ownership Plan end-of-year assets fell from $123M in the plan year 2023 filing to $116M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Delaware

Industry

Wholesale Trade

United Electric Supply Company Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, United Electric Supply Company Employee Stock Ownership Plan outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$123M
Net Assets (End of Year)	$104M
Net Income	-$19M
Employer EIN	510102767
Plan Effective Date	1995-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (United Electric Supply Company, Inc.)

Total plan assets by year, all United Electric Supply Company, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	578	$170M
2023	2	603	$167M
2024	2	697	$169M

Nearby ESOP Plans in Delaware

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

United Electric Supply Company Employee Stock Ownership Plan vs. nearby ESOP plans in Delaware, assets vs. participants

W.L. Gore & Associates, Inc. Restated Associate Stock Ownership Plan $2.4B · 8,976
G & L Holdings, Inc. Employee Stock Ownership Plan $5M · 180
Nielsen Norman Group Employee Stock Ownership Plan $2M · 28
Asbury Carbons, Inc. Employee Stock Ownership Plan $298K · 139
Macpherson's Employee Stock Ownership Plan $119K · 157

Compare United Electric Supply Company Employee … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Aarete Employee Stock Ownership Plan (IL) $116M · 242
Smith Seckman Reid, Inc. Employee Stock Ownership Plan (TN) $116M · 507
The Goodheart-Willcox Company, Inc. Employees' Profit Sharing and Stock Ownership Plan (IL) $117M · 163
Abt Associates Inc. Employees Stock Ownership Plan (MA) $117M · 1,191

Frequently Asked Questions

How did United Electric Supply Company Employee Stock Ownership Plan assets move in 2024? ▼

United Electric Supply Company Employee Stock Ownership Plan pulled back noticeably - down 5.3% during 2024, from $123M to $116M. Reported net income was -$19M.

How have United Electric Supply Company, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), United Electric Supply Company, Inc.'s sponsor-wide assets declined 0.5%, from $170M to $169M.

Where does United Electric Supply Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

United Electric Supply Company Employee Stock Ownership Plan ranks in the 91st 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 United Electric Supply Company Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Aarete Employee Stock Ownership Plan in IL ($116M, 242 participants).

Next read for United Electric Supply Company Employee …

Scale reading

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

By total assets, United Electric Supply Company Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Delaware. Compare plans
United Electric Supply Company, Inc.'s sponsor-wide assets have declined 0.5% since 2022 across 3 plan years on file. More Wholesale Trade 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 510102767.