ESOP · DOL Form 5500 · 2024

Tri-City Electrical Contractors, Inc. ESOP

Data updated 2026-08-11

$105M
Total assets: 553
Participants: 91st
Percentile by assets: $190,620
Avg per participant

Official DOL plan name: Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Tri-City Electrical Contractors, Inc. · Florida · Construction

$105M in assets, 553 participants

Tri-City Electrical Contractors, Inc.'s Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust reported $105M in total assets and 553 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)
#8,073 in Construction (9,039 peers)

Where Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust sits by assets

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust sits in the top 10% of all filed plans by assets, $105M for 553 participants (~$190,620/participant), up 36.8% in 2024.

$105M
total plan assets (2024 EOY): 553
covered participants: 91st
percentile by assets (of 123,622 plans): $190,620
avg assets per participant

Where Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust sits by total assets

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$105,413,134 Top 9% higher than 91% 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

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $17M in the plan year 2023 filing to $29M in the plan year 2024 filing.
Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $77M in the plan year 2023 filing to $105M in the plan year 2024 filing.
Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 500 in the plan year 2023 filing to 553 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Florida

Industry

Construction

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust vs the 2024 asset distribution

By assets, Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$77M
Net Assets (End of Year)	$100M
Net Income	$29M
Employer EIN	020657423
Plan Effective Date	2017-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Tri-City Electrical Contractors, Inc.)

Total plan assets by year, all Tri-City Electrical Contractors, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,177	$83M
2023	2	1,203	$103M
2024	2	1,434	$135M

Nearby ESOP Plans in Florida

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

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Florida, assets vs. participants

Publix Super Markets, Inc. Employee Stock Ownership Plan & Trust $14.3B · 149,213
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan $1.1B · 16,036
Summit Companies Holdings, Inc. Employee Stock Ownership Plan $754M · 354
Thirty Fifteen Employee Stock Ownership Plan $725M · 4,730
Western Global Airlines, Inc. Employee Stock Ownership Plan $441M · 353

Compare Tri-City Electrical Contractors, Inc. Em… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Westchester Modular Homes, Inc. Employee Stock Ownership Plan (NY) $105M · 169
Amboy Bancorporation Employee Stock Ownership Plan (NJ) $105M · 199
L. Fishman & Son, Inc. Employee Stock Ownership Plan (MD) $105M · 226
Berkel & Company Contractors, Inc. Employee Stock Ownership Plan (KS) $106M · 418

Frequently Asked Questions

How did Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust assets move in 2024? ▼

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust surged - up 36.8% during 2024, from $77M to $105M. Reported net income was $29M.

How have Tri-City Electrical Contractors, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Tri-City Electrical Contractors, Inc.'s sponsor-wide assets grew 62.5%, from $83M to $135M.

Where does Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust 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 Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust? ▼

Among ESOP plans in other states, the closest by assets is Westchester Modular Homes, Inc. Employee Stock Ownership Plan in NY ($105M, 169 participants).

Next read for Tri-City Electrical Contractors, Inc. Em…

Scale reading

Ways to act on Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust's numbers.

By total assets, Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust 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 Florida. Compare plans
Tri-City Electrical Contractors, Inc.'s sponsor-wide assets have grown 62.5% since 2022 across 3 plan years on file. More Construction 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 020657423.