ESOP · DOL Form 5500 · 2024

The Sundt Companies, Inc. ESOP

Data updated 2026-08-11

$1.5B
Total assets
3,220
Participants
99th
Percentile by assets
$451,711
Avg per participant
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Official DOL plan name: The Sundt Companies Employee Stock Ownership Plan · Sponsored by The Sundt Companies, Inc. · Arizona · Management of Enterprises

$1.5B in assets, 3,220 participants

The Sundt Companies, Inc.'s The Sundt Companies Employee Stock Ownership Plan reported $1.5B in total assets and 3,220 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #1,093 in Management of Enterprises (1,133 peers)

Coverage in Arizona

The Sundt Companies Employee Stock Ownership Plan covers 3,220 participants in Arizona, 5.7x the typical Arizona plan (state average ~564 per filing). Assets: $1.5B.

$1.5B
total plan assets (2024 EOY)
3,220
covered participants
99th
percentile by assets (of 123,622 plans)
$451,711
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Sundt Companies Employee Stock Ownership Plan end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
  • The Sundt Companies Employee Stock Ownership Plan reported participants rose from 2,392 in the plan year 2023 filing to 3,220 in the plan year 2024 filing.
  • The Sundt Companies Employee Stock Ownership Plan reported net income fell from $411M in the plan year 2023 filing to $391M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. The Sundt Companies Employee Stock Ownership Plan reports 3,220 participants - 5.7x that state average ($1.5B EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.4B
Net Income$391M
Employer EIN860923877
Plan Effective Date1957-04-02
Filing StatusFILING RECEIVED

Sponsor Plan History (The Sundt Companies, Inc.)

$0.5B$1B$1.5B$2B 202220232024 $0.76B $1.66B â–˛ +118.4%
Total plan assets by year, all The Sundt Companies, Inc. plans on file
Year Plans Participants Total Assets
2022 2 4,058 $763M
2023 2 5,429 $1.2B
2024 2 7,061 $1.7B

Nearby ESOP Plans in Arizona

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

The Sundt Companies Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

The Sundt Companies Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants The Sundt Companies …U-Haul Holding Compa…Spencer's Air Condit…Wilson Electric Serv…Pima Medical Institu…Suntec Employee Stoc…
The Sundt Companies Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to The Sundt Companies Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did The Sundt Companies Employee Stock Ownership Plan assets move in 2024?
The Sundt Companies Employee Stock Ownership Plan surged - up 36.7% during 2024, from $1.1B to $1.5B. Reported net income was $391M.
How have The Sundt Companies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Sundt Companies, Inc.'s sponsor-wide assets grew 117.1%, from $763M to $1.7B.
Where does The Sundt Companies Employee Stock Ownership Plan rank by assets among Form 5500 filers?
The Sundt Companies Employee Stock Ownership Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which ESOP plans are similar in size to The Sundt Companies Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Scot Forge Company Employee Stock Ownership Plan in IL ($1.4B, 491 participants).

Next read for The Sundt Companies Employee Stock Owner…

Filing takeaways

Ways to act on The Sundt Companies Employee Stock Ownership Plan's numbers.