Plan Ledger DOL Form 5500 · updated monthly

United Electric Supply Company, Inc.ESOP

UNITED ELECTRIC SUPPLY COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · NEW CASTLE, DE · plan year 2022

Employer contribution per participant · 2022
$4,162

United Electric Supply Company, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $131,770,886 across 420 participant accounts, with employer contributions averaging $4,162 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other wholesale trade employers. By assets it is the 29th-largest of 242 plans among Delaware employers on file, and the 336th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$131,770,886
Participants with balances420
Active participants278
Employer contributions$1,157,001
Employee contributions—
Employer contribution per active participant$4,162
Average account balance$313,740
Benefits paid to participants$17,968,330
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.7M · 480 accts · $1.1M emplr
2023$122.8M · 442 accts · $1.2M emplr
2022$131.8M · 420 accts · $1.2M emplr
Employer contributions to the United Electric Supply Company, Inc. plan · 2022
Employer contribution per active participant$4,162
Median for plans this size$3,449
2024$3,511 per active participant
2023$4,209 per active participant
2022$4,162 per active participant

United Electric Supply Company, Inc.'s 2022 employer contribution ran above the $3,449 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
UNITED ELECTRIC SUPPLY CO., INC. 401(K) PLAN401(k)
UNITED ELECTRIC SUPPLY COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · Delaware
Dunlap & Kyle Co., Inc. MS$133.2M · 0.14%
Oxygen Service Co., Inc. MN$133.0M · 0.00%
J.J. Taylor Companies, Inc. FL$132.4M · 0.15%
Ecmd, Inc. NC$132.1M
Copart, Inc. TX$131.4M · 0.50%
Goldstein Group, Inc. MO$131.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510102767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.