ESOP · DOL Form 5500 · 2024

Portage Electric Products, Inc. ESOP

Data updated 2026-08-25

$168K
Total assets Small plan by assets
20
Participants Small participant base
9th
Percentile by assets National rank
$8,421
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Portage Electric Products, Inc. Employees' Stock Ownership Plan · Sponsored by Portage Electric Products, Inc. · Ohio · Manufacturing

$168K in assets, 20 participants

Portage Electric Products, Inc.'s Portage Electric Products, Inc. Employees' Stock Ownership Plan reported $168K in total assets and 20 participants in its 2024 DOL Form 5500 filing, ranking in the 9th 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.

  • #606 in Manufacturing (17,777 peers)

Portage Electric Products, Inc. multi-year trail

Portage Electric Products, Inc.'s plans moved -39.7% in assets from 2022 to 2024; this filing shows Portage Electric Products, Inc. Employees' Stock Ownership Plan at $168K / 20 participants.

#606
in Manufacturing (17,777 peers)
-21.7%
assets change YoY

The plan reported a net loss of $53K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Portage Electric Products, Inc. Employees' Stock Ownership Plan among the smaller filed plans by assets

Portage Electric Products, Inc. Employees' Stock Ownership Plan vs every filed plan by assets

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

$168,417 9th percentile higher than 9% 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

Portage Electric Products, Inc. Employees' 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. Portage Electric Products, Inc. Employees' Stock Ownership Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Portage Electric Products, Inc. Employees' Stock Ownership Plan reported net income rose from -$71K in the plan year 2023 filing to -$53K in the plan year 2024 filing.
  • Portage Electric Products, Inc. Employees' Stock Ownership Plan end-of-year assets fell from $215K in the plan year 2023 filing to $168K in the plan year 2024 filing.
  • Portage Electric Products, Inc. Employees' Stock Ownership Plan reported participants fell from 24 in the plan year 2023 filing to 20 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 340908151 · Portage Electric Products, Inc. PY 2024 · ESOP

Portage Electric Products, Inc. Employees' Stock Ownership Plan · $168K · 20 · 9th

  • SCH $168K
  • EBSA 20
  • PART 9th
  • TYPE ESOP
  • NET near Deluxe Trailer Supply Employee Stock Ownership Plan and Trust
  • BOOK ind #606

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 Ohio →

Portage Electric Products, Inc. Employees' Stock Ownership Plan in the asset neighbourhood

Portage Electric Products, Inc. Employees' Stock Ownership PlanPortage Electric Products, I…$168KDeluxe Trailer Supply Employee Stock Ownership Plan and TrustDeluxe Trailer Supply Employ…$168KMicro-Matics Inc. Employee Stock Ownership PlanMicro-Matics Inc. Employee S…$168KGreater State Bancshares Corp Employee Stock Ownership PlanGreater State Bancshares Cor…$168KHammer & Hand, Inc. Employee Stock Ownership PlanHammer & Hand, Inc. Employee…$170K
End-of-year total assets ($M) among Portage Electric Products, Inc. Employees' Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Portage Electric Products, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Portage Electric Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$168K 39.738080329188655% vs 2022
2024 filing year
$0.15M$0.2M$0.25M$0.3M 202220232024 $0.28M $0.17M ▼ -39.3%
Year Plans Participants Total Assets
2022 1 27 $279K
2023 1 24 $215K
2024 1 20 $168K

Portage Electric Products, Inc. filing trail (2024)

Total Assets (Beginning of Year)$215K
Net Assets (End of Year)$141K
Net Income-$53K
Employer EIN340908151
Plan Effective Date1979-08-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Portage Electric Products, Inc. Employees' Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Portage Electric Products, Inc. Employees' Stock Ownership Plan, Total assets ($B): 0.000168417 · Participants: 20Portage Electric Products, Inc. Employees' Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
Portage Electric Products, Inc. Employees' Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Portage Electric Products, Inc. Employees' Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Deluxe Trailer Supply Employee Stock Ownership Plan and Trust in CA ($168K); by covered participants it is Standard Golf Company Employee Stock Ownership Plan in IA (20 participants). Same-state nearby plans are listed separately above.

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 Portage Electric Products, Inc. Employees' Stock Ownership Plan assets move in 2024?
Portage Electric Products, Inc. Employees' Stock Ownership Plan declined sharply - down 21.7% during 2024, from $215K to $168K. Reported net income was -$53K.
How have Portage Electric Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Portage Electric Products, Inc.'s sponsor-wide assets declined 39.7%, from $279K to $168K.
Where does Portage Electric Products, Inc. Employees' Stock Ownership Plan rank by assets among Form 5500 filers?
Portage Electric Products, Inc. Employees' Stock Ownership Plan ranks in the 9th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Portage Electric Products, Inc. Employees' Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Deluxe Trailer Supply Employee Stock Ownership Plan and Trust in CA ($168K, 4 participants).
Which ESOP plans cover a similar participant headcount to Portage Electric Products, Inc. Employees' Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Standard Golf Company Employee Stock Ownership Plan in IA (20 participants, $12M in assets).