ESOP · DOL Form 5500 · 2024
Cannon & Wendt Electric Co., Inc. ESOP
Data updated 2026-08-25
- $112M
- Total assets Near avg plan size
- 499
- Participants Below avg headcount
- 91st
- Percentile by assets National rank
- $223,653
- Avg per participant Above avg balance/head
Official DOL plan name: Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust · Sponsored by Cannon & Wendt Electric Co., Inc. · Arizona · Construction
$112M in assets, 499 participants
Cannon & Wendt Electric Co., Inc.'s Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust reported $112M in total assets and 499 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.
- #8,102 in Construction (9,039 peers)
Where Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust sits by assets
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust sits in the top 10% of all filed plans by assets, $112M for 499 participants (~$223,653/participant), up 36.2% in 2024.
- #8,102
- in Construction (9,039 peers)
- +36.2%
- assets growth YoY
- 1.1×
- vs typical plan assets (national mean)
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$111,602,817 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
Cannon & Wendt Electric Co., Inc. 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. Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (499 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust reported net income rose from $15M in the plan year 2023 filing to $23M in the plan year 2024 filing.
- Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $82M in the plan year 2023 filing to $112M in the plan year 2024 filing.
- Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust reported participants rose from 396 in the plan year 2023 filing to 499 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 860141198 · Cannon & Wendt Electric Co., Inc. PY 2024 · ESOP
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust · $112M · 499 · 91st
- VS-ST $112M
- VS-ST 499
- VS-ST 91st
- VS-ST ESOP
- VS-ST near Fritz Industries, Inc. Employee Stock Ownership Plan
- VS-ST ind #8102
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 →
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $82M |
|---|---|
| Net Assets (End of Year) | $105M |
| Net Income | $23M |
| Employer EIN | 860141198 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cannon & Wendt Electric Co., Inc.)
Sponsor-wide plan assets over time
All Cannon & Wendt Electric Co., Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $112M 58.4643783624909% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 735 | $70M |
| 2023 | 1 | 396 | $82M |
| 2024 | 1 | 499 | $112M |
Nearby ESOP Plans in Arizona
Peer ESOP plans, same state, same plan type, ranked by total assets.
- The Sundt Companies Employee Stock Ownership Plan $1.5B · 3,220
- U-Haul Holding Company Employee Stock Ownership Plan $561M · 21,253
- Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan $415M · 263
- Wilson Electric Services Corp. Employee Stock Ownership Plan $262M · 757
- Pima Medical Institute Employee Stock Ownership Plan $226M · 1,089
Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount
Outside Arizona, the nearest ESOP by assets is Fritz Industries, Inc. Employee Stock Ownership Plan in TX ($112M); by covered participants it is Lt Corporation & Affiliates Employee Stock Ownership Plan in MS (499 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($112M here).
Similar participant headcount
Nearest other-state filings by covered participants (499 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.