ESOP · DOL Form 5500 · 2022

Kennebec Technologies ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
50
Participants Small participant base
35th
Percentile by assets National rank
$44,358
Avg per participant Low balance/head
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Official DOL plan name: Kennebec Technologies Employee Stock Ownership Plan · Sponsored by Kennebec Technologies · Maine · Manufacturing

$2M in assets, 50 participants

Kennebec Technologies's Kennebec Technologies Employee Stock Ownership Plan reported $2M in total assets and 50 participants in its 2022 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,915 in Manufacturing (20,602 peers)

Kennebec Technologies multi-year trail

Kennebec Technologies's plans moved +47.3% in assets from 2022 to 2024; this filing shows Kennebec Technologies Employee Stock Ownership Plan at $2M / 50 participants.

#3,915
in Manufacturing (20,602 peers)
+35.7%
assets growth YoY

Kennebec Technologies Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Kennebec Technologies Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,217,914 35th percentile higher than 35% of 139,123 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 2022

Kennebec Technologies Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kennebec Technologies Employee Stock Ownership Plan is a small filing (50 participants) on this national headcount ladder.

DOL schedule card

Filing strip 010353617 · Kennebec Technologies PY 2022 · ESOP

Kennebec Technologies Employee Stock Ownership Plan · $2M · 50 · 35th

  • SCH $2M
  • EBSA 50
  • PART 35th
  • TYPE ESOP
  • NET near Adleta Corporation Employee Stock Ownership Plan
  • BOOK ind #3915

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 Maine →

Kennebec Technologies Employee Stock Ownership Plan in the asset neighbourhood

Kennebec Technologies Employee Stock Ownership PlanKennebec Technologies Employ…$2MAdleta Corporation Employee Stock Ownership PlanAdleta Corporation Employee …$2ME. F. Lombardi Company Employee Stock Ownership PlanE. F. Lombardi Company Emplo…$2MSga Employee Stock Ownership PlanSga Employee Stock Ownership…$2MAyoub & Associates, Inc. Employee Stock Ownership PlanAyoub & Associates, Inc. Emp…$2M
End-of-year total assets ($M) among Kennebec Technologies Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Kennebec Technologies multi-year asset trail

Sponsor-wide plan assets over time

All Kennebec Technologies plans reported in each filing year

Latest sponsor-wide plan assets
$3M 47.30287107615535% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M 202220232024 $2.22M $3.27M ▲ +47.3%
Year Plans Participants Total Assets
2022 1 50 $2M
2023 1 53 $3M
2024 1 52 $3M

Kennebec Technologies filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$585K
Employer EIN010353617
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maine

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

Kennebec Technologies Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400 -20020406080 Total assets ($M) Participants Kennebec Technologies Employee Stock Ownership Plan, Total assets ($M): 2.217914 · Participants: 50Kennebec Technologies Employee Stock Ownership PlanMaine Drilling and Blasting Group Employee Stock Ownership Plan, Total assets ($M): 73.690099 · Participants: 321Maine Drilling and Blasting Group Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 71.344 · Participants: 345Sc Holdings, Inc. Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 57.938208 · Participants: 252Johnnys Selected Seeds Employee Stock Ownership PlanPortland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 40.272983 · Participants: 82Portland Air Freight, Inc. Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 40.17674 · Participants: 169Systems Engineering, Inc. Employee Stock Ownership Plan
Kennebec Technologies Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants

Kennebec Technologies Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is Adleta Corporation Employee Stock Ownership Plan in TX ($2M); by covered participants it is Crafts, Inc. Employee Stock Ownership Plan in WI (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kennebec Technologies Employee Stock Ownership Plan assets move in 2022?
Kennebec Technologies Employee Stock Ownership Plan surged - up 35.7% during 2022, from $2M to $2M. Reported net income was $585K.
How have Kennebec Technologies plan assets changed over time?
Across 3 plan years on file (2022-2024), Kennebec Technologies's sponsor-wide assets grew 47.3%, from $2M to $3M.
Which ESOP plans are similar in size to Kennebec Technologies Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Adleta Corporation Employee Stock Ownership Plan in TX ($2M, 100 participants).
Which ESOP plans cover a similar participant headcount to Kennebec Technologies Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Crafts, Inc. Employee Stock Ownership Plan in WI (50 participants, $2M in assets).