ESOP · DOL Form 5500 · 2024

Metro Electric Co., Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
60
Participants Small participant base
49th
Percentile by assets National rank
$123,777
Avg per participant Near avg balance/head
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Official DOL plan name: Metro Electric Co., Inc. Employee Stock Ownership Plan · Sponsored by Metro Electric Co., Inc. · South Carolina · Utilities

$7M in assets, 60 participants

Metro Electric Co., Inc.'s Metro Electric Co., Inc. Employee Stock Ownership Plan reported $7M in total assets and 60 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #151 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Metro Electric Co., Inc. Employee Stock Ownership Plan ranks #151 of 732 2024 filers by assets (7230% of the sector average)-$7M for 60 participants.

#151
in Utilities (732 peers)
-0.5%
assets change YoY

Metro Electric Co., Inc. Employee Stock Ownership Plan's mid-pack asset rank among Utilities and all filers

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

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

$7,426,610 49th percentile higher than 49% 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

Metro Electric Co., Inc. 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. Metro Electric Co., Inc. Employee Stock Ownership Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Metro Electric Co., Inc. Employee Stock Ownership Plan reported net income fell from $486K in the plan year 2023 filing to $69K in the plan year 2024 filing.
  • Metro Electric Co., Inc. Employee Stock Ownership Plan reported participants fell from 63 in the plan year 2023 filing to 60 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 570639752 · Metro Electric Co., Inc. PY 2024 · ESOP

Metro Electric Co., Inc. Employee Stock Ownership Plan · $7M · 60 · 49th

  • PART $7M
  • TYPE 60
  • NET 49th
  • BOOK ESOP
  • VS-ST near M. Dyer & Sons, Inc. Employee Stock Ownership Plan
  • BOY ind #151

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 South Carolina →

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

Ground Engineering Consultants, Inc. Employee Stock Ownership PlanGround Engineering Consultan…$7MMetro Electric Co., Inc. Employee Stock Ownership PlanMetro Electric Co., Inc. Emp…$7MM. Dyer & Sons, Inc. Employee Stock Ownership PlanM. Dyer & Sons, Inc. Employe…$7MCrepes a Latte Catering Inc. Employee Stock Ownership PlanCrepes a Latte Catering Inc.…$7MInternational Parking Design, Inc. Employee Stock Ownership PlanInternational Parking Design…$7M
End-of-year total assets ($M) among Metro Electric Co., Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income$69K
Employer EIN570639752
Plan Effective Date2012-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metro Electric Co., Inc.)

Sponsor-wide plan assets over time

All Metro Electric Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 4.901399935872173% vs 2022
2024 filing year
$7M$7.2M$7.4M$7.6M 202220232024 $7.08M $7.43M ▲ +4.9%
Year Plans Participants Total Assets
2022 1 62 $7M
2023 1 63 $7M
2024 1 60 $7M

Nearby ESOP Plans in South Carolina

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

Metro Electric Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 51015202530 Total assets ($M) Participants Metro Electric Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 7.42661 · Participants: 60Metro Electric Co., Inc. Employee Stock Ownership PlanAl's Liquor Store Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 25.654978 · Participants: 56Al's Liquor Store Holdings, Inc. Employee Stock Ownership PlanLife Cycle Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 25.112249 · Participants: 373Life Cycle Engineering, Inc. Employee Stock Ownership PlanNgroup Employee Stock Ownership Plan, Total assets ($M): 24.95 · Participants: 1859Ngroup Employee Stock Ownership PlanDwg, Inc. Consulting Engineers Employee Stock Ownership Plan, Total assets ($M): 20.702964 · Participants: 31Dwg, Inc. Consulting Engineers Employee Stock Ownership PlanSynergi Employee Stock Ownership Plan, Total assets ($M): 16.915451 · Participants: 286Synergi Employee Stock Ownership Plan
Metro Electric Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants
Compare Metro Electric Co., Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside South Carolina, the nearest ESOP by assets is M. Dyer & Sons, Inc. Employee Stock Ownership Plan in HI ($7M); by covered participants it is Quality Machining, Inc. Employee Stock Ownership Plan in WI (60 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (60 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 Metro Electric Co., Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Metro Electric Co., Inc. Employee Stock Ownership Plan held essentially flat - down 0.5% during 2024, from $7M to $7M. Reported net income was $69K.
How have Metro Electric Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Metro Electric Co., Inc.'s sponsor-wide assets grew 4.9%, from $7M to $7M.
Which ESOP plans are similar in size to Metro Electric Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is M. Dyer & Sons, Inc. Employee Stock Ownership Plan in HI ($7M, 60 participants).
Which ESOP plans cover a similar participant headcount to Metro Electric Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Quality Machining, Inc. Employee Stock Ownership Plan in WI (60 participants, $7M 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 570639752.

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.