ESOP · DOL Form 5500 · 2024

Baker Electric & Renewables LLC ESOP

Data updated 2026-08-25

$48M
Total assets Below avg plan size
278
Participants Below avg headcount
84th
Percentile by assets National rank
$172,324
Avg per participant Above avg balance/head
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Official DOL plan name: Baker Procal Employee Stock Ownership Plan · Sponsored by Baker Electric & Renewables LLC · California · Construction

$48M in assets, 278 participants

Baker Electric & Renewables LLC's Baker Procal Employee Stock Ownership Plan reported $48M in total assets and 278 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,411 in Construction (9,039 peers)

Coverage in California

Baker Procal Employee Stock Ownership Plan covers 278 participants in California, about 44% of the average California filer (state average ~630 per filing). Assets: $48M.

#7,411
in Construction (9,039 peers)
+268.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Baker Procal Employee Stock Ownership Plan's outsized position by total assets

Baker Procal Employee Stock Ownership Plan vs every filed plan by assets

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

$47,906,003 Top 16% higher than 84% 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

Baker Procal 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. Baker Procal Employee Stock Ownership Plan sits mid-pack in the medium band (278 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Baker Procal Employee Stock Ownership Plan reported net income rose from $10M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • Baker Procal Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2023 filing to $48M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 951853701 · Baker Electric & Renewables LLC PY 2024 · ESOP

Baker Procal Employee Stock Ownership Plan · $48M · 278 · 84th

  • IND $48M
  • IND 278
  • IND 84th
  • IND ESOP
  • IND near Pioneer Power, Inc. Employee Stock Ownership Plan
  • IND ind #7411

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 →

Baker Procal Employee Stock Ownership Plan in the asset neighbourhood

Miller's Health Systems, Inc. Employee Stock Ownership PlanMiller's Health Systems, Inc…$48MBaker Procal Employee Stock Ownership PlanBaker Procal Employee Stock …$48MPioneer Power, Inc. Employee Stock Ownership PlanPioneer Power, Inc. Employee…$48MSuperior Consolidated Industries, Inc. Employee Stock Ownership Plan and TrustSuperior Consolidated Indust…$48MViasun Corporation Employee Stock Ownership PlanViasun Corporation Employee …$48M
End-of-year total assets ($M) among Baker Procal Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)-$17M
Net Income$37M
Employer EIN951853701
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baker Electric & Renewables LLC)

Sponsor-wide plan assets over time

All Baker Electric & Renewables LLC plans reported in each filing year

Latest sponsor-wide plan assets
$68M 295.0871283999853% vs 2022
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $17.3M $68.2M ▲ +295.1%
Year Plans Participants Total Assets
2022 2 755 $17M
2023 2 571 $29M
2024 2 567 $68M

Nearby ESOP Plans in California

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

Baker Procal Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Baker Procal Employee Stock Ownership Plan, Total assets ($B): 0.047906003 · Participants: 278Baker Procal 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
Baker Procal Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Baker Procal Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Pioneer Power, Inc. Employee Stock Ownership Plan in MN ($48M); by covered participants it is Plains Ag Employee Stock Ownership Plan in ND (278 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (278 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 Baker Procal Employee Stock Ownership Plan assets move in 2024? ▼
Baker Procal Employee Stock Ownership Plan surged - up 268.2% during 2024, from $13M to $48M. Reported net income was $37M.
How have Baker Electric & Renewables LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Baker Electric & Renewables LLC's sponsor-wide assets grew 295.1%, from $17M to $68M.
Where does Baker Procal Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Baker Procal Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Baker Procal Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Pioneer Power, Inc. Employee Stock Ownership Plan in MN ($48M, 32 participants).
Which ESOP plans cover a similar participant headcount to Baker Procal Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Plains Ag Employee Stock Ownership Plan in ND (278 participants, $41M 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 951853701.

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.