ESOP · DOL Form 5500 · 2024

Elm Electrical, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
206
Participants Below avg headcount
47th
Percentile by assets National rank
$31,353
Avg per participant Low balance/head
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Official DOL plan name: Elm Electrical, Inc. Employee Stock Ownership Plan · Sponsored by Elm Electrical, Inc. · Massachusetts · Construction

$6M in assets, 206 participants

Elm Electrical, Inc.'s Elm Electrical, Inc. Employee Stock Ownership Plan reported $6M in total assets and 206 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.

  • #4,091 in Construction (9,039 peers)

Coverage in Massachusetts

Elm Electrical, Inc. Employee Stock Ownership Plan covers 206 participants in Massachusetts, about 31% of the average Massachusetts filer (state average ~659 per filing). Assets: $6M.

#4,091
in Construction (9,039 peers)
+330.6%
assets growth YoY

The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Elm Electrical, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Elm Electrical, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,458,729 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

Elm Electrical, 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. Elm Electrical, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (206 participants).

Form 5500 schedule snapshot

Filing strip 042489159 · Elm Electrical, Inc. PY 2024 · ESOP

Elm Electrical, Inc. Employee Stock Ownership Plan · $6M · 206 · 47th

  • NET $6M
  • NET 206
  • NET 47th
  • NET ESOP
  • NET near Leighton Enterprises, Inc. Employee Stock Ownership Plan
  • NET ind #4091

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 Massachusetts →

Elm Electrical, Inc. Employee Stock Ownership Plan in the asset neighbourhood

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

Massachusetts filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$30M
Net Income-$31M
Employer EIN042489159
Plan Effective Date2023-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elm Electrical, Inc.)

Sponsor-wide plan assets over time

All Elm Electrical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$50M 74.84195769723408% vs 2022
2024 filing year
$20M$30M$40M$50M$60M 202220232024 $28.8M $50.3M ▲ +74.8%
Year Plans Participants Total Assets
2022 1 172 $29M
2023 1 186 $37M
2024 2 402 $50M

Nearby ESOP Plans in Massachusetts

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

Elm Electrical, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Elm Electrical, Inc. Employee Stock Ownership Plan, Total assets ($M): 6.458729 · Participants: 206Elm Electrical, Inc. Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 729.34706 · Participants: 1684Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 367.792322 · Participants: 139The Gillette Company Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 253.372727 · Participants: 445First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanDavid Clark Employee Stock Ownership Plan, Total assets ($M): 182.6375 · Participants: 236David Clark Employee Stock Ownership PlanNew England Biolabs, Inc. Non-Voting Stock Ownership Plan, Total assets ($M): 162.974294 · Participants: 424New England Biolabs, Inc. Non-Voting Stock Ownership Plan
Elm Electrical, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Elm Electrical, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest ESOP by assets is Leighton Enterprises, Inc. Employee Stock Ownership Plan in MN ($6M); by covered participants it is Nexus Engineering Group, Inc. Employee Stock Ownership Plan in OH (206 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (206 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 Elm Electrical, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Elm Electrical, Inc. Employee Stock Ownership Plan surged - up 330.6% during 2024, from $2M to $6M. Reported net income was -$31M.
How have Elm Electrical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Elm Electrical, Inc.'s sponsor-wide assets grew 74.8%, from $29M to $50M.
Which ESOP plans are similar in size to Elm Electrical, Inc. 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 Elm Electrical, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Nexus Engineering Group, Inc. Employee Stock Ownership Plan in OH (206 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 042489159.

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.