ESOP · DOL Form 5500 · 2024
Electric Plus, Inc ESOP
Data updated 2026-08-25
- $35M
- Total assets Below avg plan size
- 517
- Participants Below avg headcount
- 79th
- Percentile by assets National rank
- $66,847
- Avg per participant Below avg balance/head
Official DOL plan name: Electric Plus Employee Stock Ownership Plan · Sponsored by Electric Plus, Inc · Indiana · Construction
$35M in assets, 517 participants
Electric Plus, Inc's Electric Plus Employee Stock Ownership Plan reported $35M in total assets and 517 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.
- #7,033 in Construction (9,039 peers)
Where Electric Plus Employee Stock Ownership Plan sits by assets
Electric Plus Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $35M for 517 participants (~$66,847/participant), up 716.8% in 2024.
- #7,033
- in Construction (9,039 peers)
- +716.8%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $38M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Electric Plus Employee Stock Ownership Plan's outsized position by total assets
Electric Plus Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$34,560,000 Top 21% higher than 79% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Electric Plus 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. Electric Plus Employee Stock Ownership Plan sits mid-pack in the medium band (517 participants).
Form 5500 schedule snapshot
Filing strip 204439452 · Electric Plus, Inc PY 2024 · ESOP
Electric Plus Employee Stock Ownership Plan · $35M · 517 · 79th
- EOY $35M
- EOY 517
- EOY 79th
- EOY ESOP
- EOY near Badger Pallets Holdco Employee Stock Ownership Plan
- EOY ind #7033
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 Indiana →
Electric Plus Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | -$34M |
| Net Income | -$38M |
| Employer EIN | 204439452 |
| Plan Effective Date | 2023-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Indiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Jasper Holdings, Inc Employee Stock Ownership Plan and Trust $2.2B · 4,295
- Urschel Laboratories Employee Stock Ownership Plan $432M · 509
- Nibco Inc. Employee Stock Ownership Plan $377M · 1,370
- Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan $170M · 622
- Ermco, Inc. Employee Stock Ownership Plan $151M · 123
Electric Plus Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Indiana, the nearest ESOP by assets is Badger Pallets Holdco Employee Stock Ownership Plan in WI ($35M); by covered participants it is World Travel, Inc. Employee Stock Ownership Plan in PA (517 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($35M here).
Similar participant headcount
Nearest other-state filings by covered participants (517 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.