ESOP · DOL Form 5500 · 2024

Beaudoin Electrical Construction, Inc. ESOP

Data updated 2026-08-25

$985K
Total assets Small plan by assets
23
Participants Small participant base
23rd
Percentile by assets National rank
$42,805
Avg per participant Low balance/head
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Official DOL plan name: Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan · Sponsored by Beaudoin Electrical Construction, Inc. · Michigan · Construction

$985K in assets, 23 participants

Beaudoin Electrical Construction, Inc.'s Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan reported $985K in total assets and 23 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

  • #1,950 in Construction (9,039 peers)

Beaudoin Electrical Construction, Inc. multi-year trail

Beaudoin Electrical Construction, Inc.'s plans moved +16.5% in assets from 2022 to 2024; this filing shows Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan at $985K / 23 participants.

#1,950
in Construction (9,039 peers)
-58.5%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$984,526 23rd percentile higher than 23% 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

Beaudoin Electrical Construction, 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. Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan end-of-year assets fell from $2M in the plan year 2023 filing to $985K in the plan year 2024 filing.
  • Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan reported participants fell from 24 in the plan year 2023 filing to 23 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 381990774 · Beaudoin Electrical Construction, Inc. PY 2024 · ESOP

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan · $985K · 23 · 23rd

  • PART $985K
  • PART 23
  • PART 23rd
  • PART ESOP
  • PART near Asco Sintering Co. ESOP Stock Bonus Plan
  • PART ind #1950

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 Michigan →

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Asco Sintering Co. ESOP Stock Bonus PlanAsco Sintering Co. ESOP Stoc…$986KRay's Electric Employee Stock Ownership PlanRay's Electric Employee Stoc…$986KSurvival Systems USA, Inc. Employee Stock Ownership PlanSurvival Systems USA, Inc. E…$989KMurphy Industrial Coatings, Inc. Employee Stock Ownership PlanMurphy Industrial Coatings, …$989KBeaudoin Electrical Construction, Inc. Employee Stock Ownership PlanBeaudoin Electrical Construc…$985K
End-of-year total assets ($M) among Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Beaudoin Electrical Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Beaudoin Electrical Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 16.5387510835799% vs 2022
2024 filing year
$5M$6M$7M$8M 202220232024 $5.47M $6.38M ▲ +16.6%
Year Plans Participants Total Assets
2022 2 52 $5M
2023 2 50 $7M
2024 2 47 $6M

Beaudoin Electrical Construction, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$1M
Net Income-$1M
Employer EIN381990774
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000984526 · Participants: 23Beaudoin Electrical Construction, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Asco Sintering Co. ESOP Stock Bonus Plan in CA ($986K); by covered participants it is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 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 Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan contracted severely - down 58.5% during 2024, from $2M to $985K. Reported net income was -$1M.
How have Beaudoin Electrical Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beaudoin Electrical Construction, Inc.'s sponsor-wide assets grew 16.5%, from $5M to $6M.
Where does Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan ranks in the 23rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Asco Sintering Co. ESOP Stock Bonus Plan in CA ($986K, 17 participants).
Which ESOP plans cover a similar participant headcount to Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants, $11M 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 381990774.

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.