ESOP · DOL Form 5500 · 2024

Gruendl, Inc. ESOP

Data updated 2026-08-25

$986K
Total assets Small plan by assets
17
Participants Small participant base
23rd
Percentile by assets National rank
$58,023
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ray's Electric Employee Stock Ownership Plan · Sponsored by Gruendl, Inc. · California · Construction

$986K in assets, 17 participants

Gruendl, Inc.'s Ray's Electric Employee Stock Ownership Plan reported $986K in total assets and 17 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.

  • #1,951 in Construction (9,039 peers)

2024 asset change

Ray's Electric Employee Stock Ownership Plan grew sharply 20.4% in 2024 ($819K → $986K) for 17 participants.

#1,951
in Construction (9,039 peers)
+20.4%
assets growth YoY

Ray's Electric Employee Stock Ownership Plan among the smaller filed plans by assets

Ray's Electric Employee Stock Ownership Plan vs every filed plan by assets

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

$986,394 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

Ray's Electric 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. Ray's Electric Employee Stock Ownership Plan is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ray's Electric Employee Stock Ownership Plan reported net income rose from $57K in the plan year 2023 filing to $589K in the plan year 2024 filing.
  • Ray's Electric Employee Stock Ownership Plan end-of-year assets rose from $814K in the plan year 2023 filing to $986K in the plan year 2024 filing.
  • Ray's Electric Employee Stock Ownership Plan reported participants fell from 18 in the plan year 2023 filing to 17 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 943106593 · Gruendl, Inc. PY 2024 · ESOP

Ray's Electric Employee Stock Ownership Plan · $986K · 17 · 23rd

  • VS-ST $986K
  • VS-ST 17
  • VS-ST 23rd
  • VS-ST ESOP
  • VS-ST near Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan
  • VS-ST ind #1951

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 California →

Ray's Electric Employee Stock Ownership Plan in the asset neighbourhood

Central Engineering Supply Co. Employee Stock Ownership PlanCentral Engineering Supply C…$996KWestern National Bank and Affiliates Employee Stock Ownership PlanWestern National Bank and Af…$996KRay's Electric Employee Stock Ownership PlanRay's Electric Employee Stoc…$986KSurvival Systems USA, Inc. Employee Stock Ownership PlanSurvival Systems USA, Inc. E…$989KBeaudoin Electrical Construction, Inc. Employee Stock Ownership PlanBeaudoin Electrical Construc…$985K
End-of-year total assets ($M) among Ray's Electric Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Gruendl, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Gruendl, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$986K 9.529356244621493% vs 2022
2024 filing year
$0.7M$0.8M$0.9M$1M$1.1M 202220232024 $0.9M $0.99M ▲ +10.0%
Year Plans Participants Total Assets
2022 1 18 $901K
2023 1 18 $814K
2024 1 17 $986K

2024 asset-move particulars

Total Assets (Beginning of Year)$819K
Net Assets (End of Year)-$2M
Net Income$589K
Employer EIN943106593
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

Ray's Electric Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Ray's Electric Employee Stock Ownership Plan, Total assets ($B): 0.000986394 · Participants: 17Ray's Electric Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Ray's Electric Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Ray's Electric Employee Stock Ownership Plan side-by-side with 3 peers →

Ray's Electric Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan in MI ($985K); by covered participants it is Gaskets, Inc. Employee Stock Ownership Plan in WI (17 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17 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 Ray's Electric Employee Stock Ownership Plan assets move in 2024? ▼
Ray's Electric Employee Stock Ownership Plan grew sharply - up 20.4% during 2024, from $819K to $986K. Reported net income was $589K.
How have Gruendl, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gruendl, Inc.'s sponsor-wide assets grew 9.5%, from $901K to $986K.
Where does Ray's Electric Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Ray's Electric 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 Ray's Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Beaudoin Electrical Construction, Inc. Employee Stock Ownership Plan in MI ($985K, 23 participants).
Which ESOP plans cover a similar participant headcount to Ray's Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Gaskets, Inc. Employee Stock Ownership Plan in WI (17 participants, $2M 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 943106593.

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.