ESOP · DOL Form 5500 · 2024

Modern Electric Co. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
47
Participants Small participant base
47th
Percentile by assets National rank
$137,531
Avg per participant Near avg balance/head
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Official DOL plan name: Modern Electric Co. Employee Stock Ownership Plan · Sponsored by Modern Electric Co. · Wyoming · Construction

$6M in assets, 47 participants

Modern Electric Co.'s Modern Electric Co. Employee Stock Ownership Plan reported $6M in total assets and 47 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #4,094 in Construction (9,039 peers)

Modern Electric Co. multi-year trail

Modern Electric Co.'s plans moved +80.6% in assets from 2022 to 2024; this filing shows Modern Electric Co. Employee Stock Ownership Plan at $6M / 47 participants.

#4,094
in Construction (9,039 peers)
+29.9%
assets growth YoY

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

Modern Electric Co. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,463,938 47th percentile higher than 47% 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

Modern Electric Co. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Modern Electric Co. Employee Stock Ownership Plan is a small filing (47 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Modern Electric Co. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Modern Electric Co. Employee Stock Ownership Plan reported participants fell from 50 in the plan year 2023 filing to 47 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 830214394 · Modern Electric Co. PY 2024 · ESOP

Modern Electric Co. Employee Stock Ownership Plan · $6M · 47 · 47th

  • ASSETS $6M
  • PCT 47
  • EIN 47th
  • RANK ESOP
  • PHOTO near Leighton Enterprises, Inc. Employee Stock Ownership Plan
  • IND ind #4094

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 Wyoming →

Modern Electric Co. Employee Stock Ownership Plan in the asset neighbourhood

Green Tech Enterprises Employee Stock Ownership PlanGreen Tech Enterprises Emplo…$6MModern Electric Co. Employee Stock Ownership PlanModern Electric Co. Employee…$6MLeighton Enterprises, Inc. Employee Stock Ownership PlanLeighton Enterprises, Inc. E…$6MElm Electrical, Inc. Employee Stock Ownership PlanElm Electrical, Inc. Employe…$6MKey West Boats, Inc. Employee Stock Ownership PlanKey West Boats, Inc. Employe…$6M
End-of-year total assets ($M) among Modern Electric Co. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Modern Electric Co. multi-year asset trail

Sponsor-wide plan assets over time

All Modern Electric Co. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 80.61479474010248% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.58M $6.46M ▲ +80.4%
Year Plans Participants Total Assets
2022 1 46 $4M
2023 1 50 $5M
2024 1 47 $6M

Modern Electric Co. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN830214394
Plan Effective Date2015-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Wyoming

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

Modern Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Wyoming, assets vs. participants Scatter plot of 6 data points. 0100200300 010203040 Total assets ($M) Participants Modern Electric Co. Employee Stock Ownership Plan, Total assets ($M): 6.463938 · Participants: 47Modern Electric Co. Employee Stock Ownership PlanBloedorn Lumber Co. & Subsidiaries ESOP, Total assets ($M): 33.204517 · Participants: 267Bloedorn Lumber Co. & Subsidiaries ESOPHorizon Communications, Inc. Employee Stock Ownership Plan, Total assets ($M): 11.866724 · Participants: 103Horizon Communications, Inc. Employee Stock Ownership PlanMcgarvin-Moberly Employee Stock Ownership Plan, Total assets ($M): 10.125543 · Participants: 34Mcgarvin-Moberly Employee Stock Ownership PlanUnion Holding Corp. Employee Stock Ownership Plan, Total assets ($M): 9.835907 · Participants: 206Union Holding Corp. Employee Stock Ownership PlanSundance State Bank Profit Sharing and Employee Stock Ownership Plan, Total assets ($M): 6.33481 · Participants: 33Sundance State Bank Profit Sharing and Employee Stock Ownership Plan
Modern Electric Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Wyoming, assets vs. participants

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

Outside Wyoming, the nearest ESOP by assets is Leighton Enterprises, Inc. Employee Stock Ownership Plan in MN ($6M); by covered participants it is Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan in FL (47 participants). Same-state nearby plans are listed separately above.

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 Modern Electric Co. Employee Stock Ownership Plan assets move in 2024?
Modern Electric Co. Employee Stock Ownership Plan grew sharply - up 29.9% during 2024, from $5M to $6M. Reported net income was $1M.
How have Modern Electric Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Modern Electric Co.'s sponsor-wide assets grew 80.6%, from $4M to $6M.
Which ESOP plans are similar in size to Modern Electric Co. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Leighton Enterprises, Inc. Employee Stock Ownership Plan in MN ($6M, 230 participants).
Which ESOP plans cover a similar participant headcount to Modern Electric Co. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan in FL (47 participants, N/A in assets).