ESOP · DOL Form 5500 · 2022

Tech-Marine Business Inc ESOP

Data updated 2026-08-11

$11M
Total assets
161
Participants
67th
Percentile by assets
$70,575
Avg per participant
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Official DOL plan name: Tech-Marine Business, Inc. Employee Stock Ownership Plan · Sponsored by Tech-Marine Business Inc · District of Columbia · Professional & Technical Services

$11M in assets, 161 participants

Tech-Marine Business Inc's Tech-Marine Business, Inc. Employee Stock Ownership Plan reported $11M in total assets and 161 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.

  • 67th percentile by assets (of 139,126 plans)
  • #14,352 in Professional & Technical Services (21,562 peers)

Coverage in District of Columbia

Tech-Marine Business, Inc. Employee Stock Ownership Plan covers 161 participants in District of Columbia, about 11% of the average District of Columbia filer (state average ~1,456 per filing). Assets: $11M.

$11M
total plan assets (2022 EOY)
161
covered participants
67th
percentile by assets (of 139,126 plans)
$70,575
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs District of Columbia filers

In District of Columbia, the average filing covers about 1,456 participants across 881 plans. Tech-Marine Business, Inc. Employee Stock Ownership Plan reports 161 participants - about 11% of that state average ($11M EOY assets).

District of Columbia filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$11M
Net Income-$3M
Employer EIN541860677
Plan Effective Date2008-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tech-Marine Business Inc)

$35M$40M$45M 202220232024 $37.1M $43.9M â–˛ +18.4%
Total plan assets by year, all Tech-Marine Business Inc plans on file
Year Plans Participants Total Assets
2022 2 384 $37M
2023 2 358 $38M
2024 2 324 $44M

Nearby ESOP Plans in District of Columbia

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

Tech-Marine Business, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants

Tech-Marine Business, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400 Total assets ($M) Participants Tech-Marine Business…Chemonics Internatio…Cornerstone Governme…Hager Sharp, Inc. Em…Callahan & Associate…The Cool Hardware Co…
Tech-Marine Business, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Tech-Marine Business, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Tech-Marine Business, Inc. Employee Stock Ownership Plan assets move in 2022?
Tech-Marine Business, Inc. Employee Stock Ownership Plan declined sharply - down 22.0% during 2022, from $15M to $11M. Reported net income was -$3M.
How have Tech-Marine Business Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Tech-Marine Business Inc's sponsor-wide assets grew 18.3%, from $37M to $44M.
Which ESOP plans are similar in size to Tech-Marine Business, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Volkmann Railroad Builders, Inc. Employee Stock Ownership Plan in WI ($11M, 23 participants).

Next read for Tech-Marine Business, Inc. Employee Stoc…

Filing takeaways

Ways to act on Tech-Marine Business, Inc. Employee Stock Ownership Plan's numbers.