ESOP · DOL Form 5500 · 2024
Miller Electric Company ESOP
Data updated 2026-08-25
- $39M
- Total assets Below avg plan size
- 525
- Participants Below avg headcount
- 81st
- Percentile by assets National rank
- $75,182
- Avg per participant Below avg balance/head
Official DOL plan name: Miller Electric Company Employee Stock Ownership Plan and Trust · Sponsored by Miller Electric Company · Florida · Construction
$39M in assets, 525 participants
Miller Electric Company's Miller Electric Company Employee Stock Ownership Plan and Trust reported $39M in total assets and 525 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.
- #7,204 in Construction (9,039 peers)
Where Miller Electric Company Employee Stock Ownership Plan and Trust sits by assets
Miller Electric Company Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $39M for 525 participants (~$75,182/participant), down 63.4% in 2024.
- #7,204
- in Construction (9,039 peers)
- -63.4%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $68M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Miller Electric Company Employee Stock Ownership Plan and Trust's outsized position by total assets
Miller Electric Company Employee Stock Ownership Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$39,470,520 Top 19% higher than 81% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Miller Electric Company Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Miller Electric Company Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (525 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Miller Electric Company Employee Stock Ownership Plan and Trust reported net income fell from $47M in the plan year 2023 filing to -$68M in the plan year 2024 filing.
- Miller Electric Company Employee Stock Ownership Plan and Trust end-of-year assets fell from $108M in the plan year 2023 filing to $39M in the plan year 2024 filing.
- Miller Electric Company Employee Stock Ownership Plan and Trust reported participants fell from 559 in the plan year 2023 filing to 525 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 590361850 · Miller Electric Company PY 2024 · ESOP
Miller Electric Company Employee Stock Ownership Plan and Trust · $39M · 525 · 81st
- BOY $39M
- BOY 525
- BOY 81st
- BOY ESOP
- BOY near Ctl Engineering, Inc. Employee Stock Ownership Plan
- BOY ind #7204
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 Florida →
Miller Electric Company Employee Stock Ownership Plan and Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $108M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | -$68M |
| Employer EIN | 590361850 |
| Plan Effective Date | 2012-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Miller Electric Company)
Sponsor-wide plan assets over time
All Miller Electric Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $39M 60.78417774590126% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,026 | $101M |
| 2023 | 2 | 1,114 | $152M |
| 2024 | 2 | 1,043 | $39M |
Nearby ESOP Plans in Florida
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Publix Super Markets, Inc. Employee Stock Ownership Plan & Trust $14.3B · 149,213
- Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan $1.1B · 16,036
- Summit Companies Holdings, Inc. Employee Stock Ownership Plan $754M · 354
- Thirty Fifteen Employee Stock Ownership Plan $725M · 4,730
- Western Global Airlines, Inc. Employee Stock Ownership Plan $441M · 353
Miller Electric Company Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount
Outside Florida, the nearest ESOP by assets is Ctl Engineering, Inc. Employee Stock Ownership Plan in OH ($39M); by covered participants it is Klj Solutions Co Employee Stock Ownership Plan in ND (525 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($39M here).
Similar participant headcount
Nearest other-state filings by covered participants (525 participants); asset peers above are excluded.
- Klj Solutions Co Employee Stock Ownership Plan (ND) 525 · 0 off
- Moore's Electrical & Mechanical Construction, Inc. Employee Stock Ownership Plan and Trust (VA) 523 · 2 off
- Basden Steel Corp Employee Stock Ownership Plan (TX) 527 · 2 off
- H & R Agri-Power Employee Stock Ownership Plan (KY) 522 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.