ESOP · DOL Form 5500 · 2024

Glenwood Electric, Inc. ESOP

Data updated 2026-08-25

$29M
Total assets Below avg plan size
138
Participants Small participant base
77th
Percentile by assets National rank
$212,492
Avg per participant Above avg balance/head
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Official DOL plan name: Glenwood Electric, Inc. Employee Stock Ownership Plan · Sponsored by Glenwood Electric, Inc. · Kentucky · Construction

$29M in assets, 138 participants

Glenwood Electric, Inc.'s Glenwood Electric, Inc. Employee Stock Ownership Plan reported $29M in total assets and 138 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.

  • #6,823 in Construction (9,039 peers)

Coverage in Kentucky

Glenwood Electric, Inc. Employee Stock Ownership Plan covers 138 participants in Kentucky, about 21% of the average Kentucky filer (state average ~647 per filing). Assets: $29M.

#6,823
in Construction (9,039 peers)
+123.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$29,323,871 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

Glenwood Electric, Inc. 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. Glenwood Electric, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Glenwood Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Glenwood Electric, Inc. Employee Stock Ownership Plan reported net income rose from $8M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 310913270 · Glenwood Electric, Inc. PY 2024 · ESOP

Glenwood Electric, Inc. Employee Stock Ownership Plan · $29M · 138 · 77th

  • 5500 $29M
  • 5500 138
  • 5500 77th
  • 5500 ESOP
  • 5500 near Weddle Bros Construction Co., Inc. Employee Stock Ownership Plan
  • 5500 ind #6823

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 Kentucky →

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

Software Solutions, Inc. Employee Stock Ownership PlanSoftware Solutions, Inc. Emp…$29MGlenwood Electric, Inc. Employee Stock Ownership PlanGlenwood Electric, Inc. Empl…$29MWeddle Bros Construction Co., Inc. Employee Stock Ownership PlanWeddle Bros Construction Co.…$29MThe Burnett Companies Consolidated, Inc.The Burnett Companies Consol…$29MGhilotti Construction Employee Stock Ownership PlanGhilotti Construction Employ…$29M
End-of-year total assets ($M) among Glenwood Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Kentucky filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$8M
Net Income$17M
Employer EIN310913270
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glenwood Electric, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$29M 419.65038100301257% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $5.64M $29.3M ▲ +419.9%
Year Plans Participants Total Assets
2022 1 109 $6M
2023 1 139 $13M
2024 1 138 $29M

Nearby ESOP Plans in Kentucky

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

Glenwood Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -10123 Total assets ($B) Participants Glenwood Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.029323871 · Participants: 138Glenwood Electric, Inc. Employee Stock Ownership PlanHouchens Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.640129838 · Participants: 7785Houchens Industries, Inc. Employee Stock Ownership PlanGray, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.177392403 · Participants: 1534Gray, Inc. Employee Stock Ownership PlanStock Yards Bank & Trust Company 401(k) and Employee Stock Ownership Plan, Total assets ($B): 0.167312413 · Participants: 1107Stock Yards Bank & Trust Company 401(k) and Employee Stock Ownership PlanInterstate Personnel Services, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.122999859 · Participants: 834Interstate Personnel Services, Inc. Employee Stock Ownership PlanH & R Agri-Power Employee Stock Ownership Plan, Total assets ($B): 0.111162082 · Participants: 522H & R Agri-Power Employee Stock Ownership Plan
Glenwood Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants
Compare Glenwood Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest ESOP by assets is Weddle Bros Construction Co., Inc. Employee Stock Ownership Plan in IN ($29M); by covered participants it is Total Water Treatment Systems, Inc. Employee Stock Ownership Plan in WI (138 participants). Same-state nearby plans are listed separately above.

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 Glenwood Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Glenwood Electric, Inc. Employee Stock Ownership Plan surged - up 123.0% during 2024, from $13M to $29M. Reported net income was $17M.
How have Glenwood Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Glenwood Electric, Inc.'s sponsor-wide assets grew 419.7%, from $6M to $29M.
Where does Glenwood Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Glenwood 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 Glenwood Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Weddle Bros Construction Co., Inc. Employee Stock Ownership Plan in IN ($29M, 89 participants).
Which ESOP plans cover a similar participant headcount to Glenwood Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Total Water Treatment Systems, Inc. Employee Stock Ownership Plan in WI (138 participants, $17M 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 310913270.

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.