ESOP · DOL Form 5500 · 2023
Great Salt Lake Electric Incorporated ESOP
Data updated 2026-08-11
- $23M
- Total assets
- 211
- Participants
- 75th
- Percentile by assets
- $110,667
- Avg per participant
Official DOL plan name: Gsl Electric Employee Stock Ownership Plan · Sponsored by Great Salt Lake Electric Incorporated · Utah · Construction
$23M in assets, 211 participants
Great Salt Lake Electric Incorporated's Gsl Electric Employee Stock Ownership Plan reported $23M in total assets and 211 participants in its 2023 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.
- 75th percentile by assets (of 127,072 plans)
- #6,679 in Construction (9,030 peers)
Coverage in Utah
Gsl Electric Employee Stock Ownership Plan covers 211 participants in Utah, about 36% of the average Utah filer (state average ~592 per filing). Assets: $23M.
- $23M
- total plan assets (2023 EOY)
- 211
- covered participants
- 75th
- percentile by assets (of 127,072 plans)
- $110,667
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Gsl Electric Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $7M in the plan year 2023 filing.
- Gsl Electric Employee Stock Ownership Plan end-of-year assets rose from $16M in the plan year 2022 filing to $23M in the plan year 2023 filing.
- Gsl Electric Employee Stock Ownership Plan reported participants fell from 225 in the plan year 2022 filing to 211 in the plan year 2023 filing.
Participants vs Utah filers
In Utah, the average filing covers about 592 participants across 1,280 plans. Gsl Electric Employee Stock Ownership Plan reports 211 participants - about 36% of that state average ($23M EOY assets).
Utah filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $7M |
| Employer EIN | 870371134 |
| Plan Effective Date | 1994-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Great Salt Lake Electric Incorporated)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 454 | $34M |
| 2023 | 2 | 428 | $45M |
Nearby ESOP Plans in Utah
Peer ESOP plans, same state, same plan type, ranked by total assets.
Gsl Electric Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants
- Whitaker Construction Co., Inc. Employee Stock Ownership Plan $121M · 697
- Jacobsen Construction Company, Inc. Employee Stock Ownership Plan $111M · 531
- Rocky Mountain Atv, Inc. Employee Stock Ownership Plan $104M · 501
- Fj Management Inc. Employee Stock Ownership Plan $103M · 30
- Central Milling Employee Stock Ownership Plan and Trust $45M · 111
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Gsl Electric Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Gsl Electric Employee Stock Ownership Plan assets move in 2023? ▼
How have Great Salt Lake Electric Incorporated plan assets changed over time? ▼
Where does Gsl Electric Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Gsl Electric Employee Stock Ownership Plan's numbers.
- By total assets, Gsl Electric Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Utah. Compare plans
- Great Salt Lake Electric Incorporated's sponsor-wide assets have grown 32.8% since 2022 across 2 plan years on file. More Construction plans