ESOP · DOL Form 5500 · 2024

Andco Electrical LLC. Dba Aec Electric ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
253
Participants Below avg headcount
40th
Percentile by assets National rank
$18,019
Avg per participant Low balance/head
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Official DOL plan name: Aec Electric Employee Stock Ownership Plan · Sponsored by Andco Electrical LLC. Dba Aec Electric · Arizona · Construction

$5M in assets, 253 participants

Andco Electrical LLC. Dba Aec Electric's Aec Electric Employee Stock Ownership Plan reported $5M in total assets and 253 participants in its 2024 DOL Form 5500 filing, ranking in the 40th 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.

  • #3,521 in Construction (9,039 peers)

Coverage in Arizona

Aec Electric Employee Stock Ownership Plan covers 253 participants in Arizona, about 45% of the average Arizona filer (state average ~564 per filing). Assets: $5M.

#3,521
in Construction (9,039 peers)
+355.9%
assets growth YoY

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Aec Electric Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Aec Electric Employee Stock Ownership Plan vs every filed plan by assets

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

$4,558,810 40th percentile higher than 40% 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

Aec Electric 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. Aec Electric Employee Stock Ownership Plan sits mid-pack in the medium band (253 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Aec Electric Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to -$23M in the plan year 2024 filing.
  • Aec Electric Employee Stock Ownership Plan end-of-year assets rose from $1M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Aec Electric Employee Stock Ownership Plan reported participants rose from 154 in the plan year 2023 filing to 253 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 581713154 · Andco Electrical LLC. Dba Aec Electric PY 2024 · ESOP

Aec Electric Employee Stock Ownership Plan · $5M · 253 · 40th

  • RANK $5M
  • PHOTO 253
  • IND 40th
  • EOY ESOP
  • 5500 near Normandeau Associates, Inc. Employee Stock Ownership Plan and Trust
  • ASSETS ind #3521

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 Arizona →

Aec Electric Employee Stock Ownership Plan in the asset neighbourhood

Aec Electric Employee Stock Ownership PlanAec Electric Employee Stock …$5MNormandeau Associates, Inc. Employee Stock Ownership Plan and TrustNormandeau Associates, Inc. …$5MHighland Engineering Inc Employee Stock OwnershipHighland Engineering Inc Emp…$5MHopscotch Press, Inc. Employee Stock Ownership PlanHopscotch Press, Inc. Employ…$5MGold Coast Ingredients, Inc. ESOPGold Coast Ingredients, Inc.…$5M
End-of-year total assets ($M) among Aec Electric Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)-$22M
Net Income-$23M
Employer EIN581713154
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Andco Electrical LLC. Dba Aec Electric)

Sponsor-wide plan assets over time

All Andco Electrical LLC. Dba Aec Electric plans reported in each filing year

Latest sponsor-wide plan assets
$5M 355.881% vs 2023
2024 filing year
$0M$2M$4M$6M 20232024 $1M $4.56M ▲ +356.0%
Year Plans Participants Total Assets
2023 1 154 $1M
2024 1 253 $5M

Nearby ESOP Plans in Arizona

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

Aec Electric Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants Aec Electric Employee Stock Ownership Plan, Total assets ($B): 0.00455881 · Participants: 253Aec Electric Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.454509943 · Participants: 3220The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.561105831 · Participants: 21253U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.414837473 · Participants: 263Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.26183793 · Participants: 757Wilson Electric Services Corp. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.225590305 · Participants: 1089Pima Medical Institute Employee Stock Ownership Plan
Aec Electric Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Aec Electric Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Arizona, the nearest ESOP by assets is Normandeau Associates, Inc. Employee Stock Ownership Plan and Trust in NH ($5M); by covered participants it is Anderson Fabrics, Inc. ESOP in MN (253 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (253 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 Aec Electric Employee Stock Ownership Plan assets move in 2024? ▼
Aec Electric Employee Stock Ownership Plan surged - up 355.9% during 2024, from $1M to $5M. Reported net income was -$23M.
How have Andco Electrical LLC. Dba Aec Electric plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Andco Electrical LLC. Dba Aec Electric's sponsor-wide assets grew 355.9%, from $1M to $5M.
Which ESOP plans are similar in size to Aec Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Normandeau Associates, Inc. Employee Stock Ownership Plan and Trust in NH ($5M, 98 participants).
Which ESOP plans cover a similar participant headcount to Aec Electric Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Anderson Fabrics, Inc. ESOP in MN (253 participants, $982 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 581713154.

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.