ESOP · DOL Form 5500 · 2024

Elite Electrical Contractors, Inc. ESOP

Data updated 2026-08-25

$670K
Total assets Small plan by assets
184
Participants Below avg headcount
20th
Percentile by assets National rank
$3,641
Avg per participant Low balance/head
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Official DOL plan name: Elite Electrical Contractors Employee Stock Ownership Plan and Trust · Sponsored by Elite Electrical Contractors, Inc. · Florida · Construction

$670K in assets, 184 participants

Elite Electrical Contractors, Inc.'s Elite Electrical Contractors Employee Stock Ownership Plan and Trust reported $670K in total assets and 184 participants in its 2024 DOL Form 5500 filing, ranking in the 20th 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.

  • #1,714 in Construction (9,039 peers)

Coverage in Florida

Elite Electrical Contractors Employee Stock Ownership Plan and Trust covers 184 participants in Florida, about 29% of the average Florida filer (state average ~628 per filing). Assets: $670K.

#1,714
in Construction (9,039 peers)
-$28M
reported net income

The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Elite Electrical Contractors Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Elite Electrical Contractors Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$670,000 20th percentile higher than 20% 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

Elite Electrical Contractors Employee Stock Ownership Plan and Trust 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. Elite Electrical Contractors Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (184 participants).

Plan-year Form 5500 strip

Filing strip 651131867 · Elite Electrical Contractors, Inc. PY 2024 · ESOP

Elite Electrical Contractors Employee Stock Ownership Plan and Trust · $670K · 184 · 20th

  • RANK $670K
  • RANK 184
  • RANK 20th
  • RANK ESOP
  • RANK near Ledesma & Meyer Employee Stock Ownership Plan
  • RANK ind #1714

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 Florida →

Elite Electrical Contractors Employee Stock Ownership Plan and Trust in the asset neighbourhood

Elite Electrical Contractors Employee Stock Ownership Plan and TrustElite Electrical Contractors…$670KLedesma & Meyer Employee Stock Ownership PlanLedesma & Meyer Employee Sto…$670KCarolina Solar Services Employee Stock Ownership PlanCarolina Solar Services Empl…$669KEgger Steel Company Employee Stock Ownership PlanEgger Steel Company Employee…$672KOnyx Point, Inc. Employee Stock Ownership PlanOnyx Point, Inc. Employee St…$668K
End-of-year total assets ($M) among Elite Electrical Contractors Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$28M
Net Income-$28M
Employer EIN651131867
Plan Effective Date2024-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elite Electrical Contractors, Inc.)

Sponsor-wide plan assets over time

All Elite Electrical Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$670K 12.46978901299889% vs 2022
2024 filing year
$0.65M$0.7M$0.75M$0.8M 20222024 $0.77M $0.67M ▼ -13.0%
Year Plans Participants Total Assets
2022 1 167 $765K
2024 1 184 $670K

Nearby ESOP Plans in Florida

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

Elite Electrical Contractors Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Elite Electrical Contractors Employee Stock Ownership Plan and Trust, Total assets ($B): 0.00067 · Participants: 184Elite Electrical Contractors Employee Stock Ownership Plan and TrustPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 14.286420169 · Participants: 149213Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 1.130328955 · Participants: 16036Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.75388536 · Participants: 354Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.724566492 · Participants: 4730Thirty Fifteen Employee Stock Ownership PlanWestern Global Airlines, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.441212218 · Participants: 353Western Global Airlines, Inc. Employee Stock Ownership Plan
Elite Electrical Contractors Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Florida, assets vs. participants
Compare Elite Electrical Contractors Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Elite Electrical Contractors Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Ledesma & Meyer Employee Stock Ownership Plan in CA ($670K); by covered participants it is Owl's Head Alloys Employee Stock Ownership Plan in KY (184 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (184 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 have Elite Electrical Contractors, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2024), Elite Electrical Contractors, Inc.'s sponsor-wide assets declined 12.5%, from $765K to $670K.
Where does Elite Electrical Contractors Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Elite Electrical Contractors Employee Stock Ownership Plan and Trust ranks in the 20th 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 Elite Electrical Contractors Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Ledesma & Meyer Employee Stock Ownership Plan in CA ($670K, 56 participants).
Which ESOP plans cover a similar participant headcount to Elite Electrical Contractors Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Owl's Head Alloys Employee Stock Ownership Plan in KY (184 participants, $54M 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 651131867.

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.