ESOP · DOL Form 5500 · 2024

M.B. Herzog Electric, Inc. ESOP

Data updated 2026-08-25

$25M
Total assets Below avg plan size
30
Participants Small participant base
75th
Percentile by assets National rank
$847,950
Avg per participant High balance/head
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Official DOL plan name: M.B. Herzog Electric, Inc. Employee Stock Ownership Plan · Sponsored by M.B. Herzog Electric, Inc. · California · Manufacturing

$25M in assets, 30 participants

M.B. Herzog Electric, Inc.'s M.B. Herzog Electric, Inc. Employee Stock Ownership Plan reported $25M in total assets and 30 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #11,583 in Manufacturing (17,777 peers)

Where M.B. Herzog Electric, Inc. Employee Stock Ownership Plan sits by assets

M.B. Herzog Electric, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $25M for 30 participants (~$847,950/participant), up 34.2% in 2024.

#11,583
in Manufacturing (17,777 peers)
+34.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

M.B. Herzog Electric, Inc. Employee Stock Ownership Plan's outsized position by total assets

M.B. Herzog Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$25,438,499 Top 25% higher than 75% 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

M.B. Herzog Electric, 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. M.B. Herzog Electric, Inc. Employee Stock Ownership Plan is a small filing (30 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • M.B. Herzog Electric, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • M.B. Herzog Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • M.B. Herzog Electric, Inc. Employee Stock Ownership Plan reported participants fell from 33 in the plan year 2023 filing to 30 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 953261407 · M.B. Herzog Electric, Inc. PY 2024 · ESOP

M.B. Herzog Electric, Inc. Employee Stock Ownership Plan · $25M · 30 · 75th

  • EBSA $25M
  • EBSA 30
  • EBSA 75th
  • EBSA ESOP
  • EBSA near Gibson Insurance Agency, Inc. Employee Stock Ownership Plan
  • EBSA ind #11583

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 California →

M.B. Herzog Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Rayser Holdings, Inc. Employee Stock Ownership PlanRayser Holdings, Inc. Employ…$26MTharanco Group, Inc. Employee Stock Ownership PlanTharanco Group, Inc. Employe…$25MGibson Insurance Agency, Inc. Employee Stock Ownership PlanGibson Insurance Agency, Inc…$25MM.B. Herzog Electric, Inc. Employee Stock Ownership PlanM.B. Herzog Electric, Inc. E…$25MKline Electric, Inc. Employee Stock Ownership PlanKline Electric, Inc. Employe…$25M
End-of-year total assets ($M) among M.B. Herzog Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$7M
Employer EIN953261407
Plan Effective Date1997-08-31
Filing StatusFILING RECEIVED

Sponsor Plan History (M.B. Herzog Electric, Inc.)

Sponsor-wide plan assets over time

All M.B. Herzog Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 41.34819125316454% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18M $25.4M ▲ +41.3%
Year Plans Participants Total Assets
2022 1 33 $18M
2023 1 33 $19M
2024 1 30 $25M

Nearby ESOP Plans in California

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

M.B. Herzog 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 ($B) Participants M.B. Herzog Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.025438499 · Participants: 30M.B. Herzog Electric, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
M.B. Herzog Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare M.B. Herzog Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Gibson Insurance Agency, Inc. Employee Stock Ownership Plan in IN ($25M); by covered participants it is ESOP Partners Employee Stock Ownership Plan in WI (30 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (30 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 M.B. Herzog Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
M.B. Herzog Electric, Inc. Employee Stock Ownership Plan surged - up 34.2% during 2024, from $19M to $25M. Reported net income was $7M.
How have M.B. Herzog Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), M.B. Herzog Electric, Inc.'s sponsor-wide assets grew 41.3%, from $18M to $25M.
Where does M.B. Herzog Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
M.B. Herzog Electric, Inc. Employee Stock Ownership Plan ranks in the 75th 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 M.B. Herzog Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Gibson Insurance Agency, Inc. Employee Stock Ownership Plan in IN ($25M, 161 participants).
Which ESOP plans cover a similar participant headcount to M.B. Herzog Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is ESOP Partners Employee Stock Ownership Plan in WI (30 participants, $695K 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 953261407.

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.