ESOP · DOL Form 5500 · 2024

Kline Electric, Inc. ESOP

Data updated 2026-08-25

$25M
Total assets Below avg plan size
157
Participants Small participant base
75th
Percentile by assets National rank
$161,495
Avg per participant Above avg balance/head
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Official DOL plan name: Kline Electric, Inc. Employee Stock Ownership Plan · Sponsored by Kline Electric, Inc. · Iowa · Construction

$25M in assets, 157 participants

Kline Electric, Inc.'s Kline Electric, Inc. Employee Stock Ownership Plan reported $25M in total assets and 157 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,623 in Construction (9,039 peers)

Coverage in Iowa

Kline Electric, Inc. Employee Stock Ownership Plan covers 157 participants in Iowa, about 26% of the average Iowa filer (state average ~609 per filing). Assets: $25M.

#6,623
in Construction (9,039 peers)
+5.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Kline Electric, Inc. Employee Stock Ownership Plan's outsized position by total assets

Kline Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$25,354,666 Top 25% higher than 75% 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

Kline Electric, Inc. 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. Kline Electric, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (157 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kline Electric, Inc. Employee Stock Ownership Plan reported net income fell from $5M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Kline Electric, Inc. Employee Stock Ownership Plan reported participants rose from 142 in the plan year 2023 filing to 157 in the plan year 2024 filing.
  • Kline Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $24M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 800099527 · Kline Electric, Inc. PY 2024 · ESOP

Kline Electric, Inc. Employee Stock Ownership Plan · $25M · 157 · 75th

  • ASSETS $25M
  • PCT 157
  • EIN 75th
  • RANK ESOP
  • PHOTO near Great Lakes Dental Technologies, Ltd. Employee Stock Ownership Plan
  • IND ind #6623

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 Iowa →

Kline Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Kline Electric, Inc. Employee Stock Ownership PlanKline Electric, Inc. Employe…$25MGreat Lakes Dental Technologies, Ltd. Employee Stock Ownership PlanGreat Lakes Dental Technolog…$25MManos Home Care Employee Stock Ownership PlanManos Home Care Employee Sto…$25MMedler Electric Company Employee Stock Ownership Plan and TrustMedler Electric Company Empl…$25MToc Employee Stock Ownership PlanToc Employee Stock Ownership…$25M
End-of-year total assets ($M) among Kline Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN800099527
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kline Electric, Inc.)

Sponsor-wide plan assets over time

All Kline Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 29.49540764062081% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $19.6M $25.4M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 135 $20M
2023 1 142 $24M
2024 1 157 $25M

Nearby ESOP Plans in Iowa

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

Kline Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050010001500 -20002004006008001000 Total assets ($M) Participants Kline Electric, Inc. Employee Stock Ownership Plan, Total assets ($M): 25.354666 · Participants: 157Kline Electric, Inc. Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership Plan
Kline Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Kline Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Kline Electric, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Great Lakes Dental Technologies, Ltd. Employee Stock Ownership Plan in NY ($25M); by covered participants it is Bepc, Incorporated Employee Stock Ownership Plan in TX (157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Kline Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Kline Electric, Inc. Employee Stock Ownership Plan grew at a solid clip - up 5.9% during 2024, from $24M to $25M. Reported net income was $2M.
How have Kline Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kline Electric, Inc.'s sponsor-wide assets grew 29.5%, from $20M to $25M.
Where does Kline Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Kline Electric, Inc. Employee Stock Ownership Plan ranks in the 75th 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 Kline Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Great Lakes Dental Technologies, Ltd. Employee Stock Ownership Plan in NY ($25M, 185 participants).
Which ESOP plans cover a similar participant headcount to Kline Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bepc, Incorporated Employee Stock Ownership Plan in TX (157 participants, $8M 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 800099527.

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.