ESOP · DOL Form 5500 · 2024

Mch Electric, Inc. ESOP

Data updated 2026-08-11

$32M
Total assets
203
Participants
78th
Percentile by assets
$156,703
Avg per participant
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Official DOL plan name: Mch Electric, Inc. Employee Stock Ownership Plan · Sponsored by Mch Electric, Inc. · California · Construction

$32M in assets, 203 participants

Mch Electric, Inc.'s Mch Electric, Inc. Employee Stock Ownership Plan reported $32M in total assets and 203 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 123,622 plans)
  • #6,938 in Construction (9,039 peers)

Coverage in California

Mch Electric, Inc. Employee Stock Ownership Plan covers 203 participants in California, about 32% of the average California filer (state average ~630 per filing). Assets: $32M.

$32M
total plan assets (2024 EOY)
203
covered participants
78th
percentile by assets (of 123,622 plans)
$156,703
avg assets per participant

Where Mch Electric, Inc. Employee Stock Ownership Plan sits by total assets

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

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

$31,810,693 Top 22% higher than 78% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mch Electric, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Mch Electric, Inc. Employee Stock Ownership Plan reported participants rose from 175 in the plan year 2023 filing to 203 in the plan year 2024 filing.
  • Mch Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $27M in the plan year 2023 filing to $32M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Mch Electric, Inc. Employee Stock Ownership Plan reports 203 participants - about 32% of that state average ($32M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$30M
Net Income$3M
Employer EIN943338424
Plan Effective Date2001-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mch Electric, Inc.)

$25M$30M$35M$40M 202220232024 $28.9M $39M ▲ +34.8%
Total plan assets by year, all Mch Electric, Inc. plans on file
Year Plans Participants Total Assets
2022 2 374 $29M
2023 2 402 $34M
2024 2 414 $39M

Nearby ESOP Plans in California

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

Mch Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Mch Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Mch Electric, Inc. E…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Ecc Employee Stock O…Agron, Inc. Employee…
Mch Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Mch Electric, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Mch Electric, Inc. Employee Stock Ownership Plan assets move in 2024?
Mch Electric, Inc. Employee Stock Ownership Plan grew sharply - up 15.7% during 2024, from $27M to $32M. Reported net income was $3M.
How have Mch Electric, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mch Electric, Inc.'s sponsor-wide assets grew 34.8%, from $29M to $39M.
Where does Mch Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Mch Electric, Inc. Employee Stock Ownership Plan ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Mch Electric, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Tex-Oma Builders Supply Company Employee Stock Ownership Plan in TX ($32M, 83 participants).

Next read for Mch Electric, Inc. Employee Stock Owners…

Filing takeaways

Ways to act on Mch Electric, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Mch Electric, Inc. 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 California. Compare plans
  • Mch Electric, Inc.'s sponsor-wide assets have grown 34.8% since 2022 across 3 plan years on file. More Construction plans