ESOP · DOL Form 5500 · 2022

Qspec Solutions, Incorporated ESOP

Data updated 2026-08-25

$919K
Total assets Small plan by assets
23
Participants Small participant base
24th
Percentile by assets National rank
$39,947
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Qspec Solutions Employee Stock Ownership Plan · Sponsored by Qspec Solutions, Incorporated · Kansas · Professional & Technical Services

$919K in assets, 23 participants

Qspec Solutions, Incorporated's Qspec Solutions Employee Stock Ownership Plan reported $919K in total assets and 23 participants in its 2022 DOL Form 5500 filing, ranking in the 24th 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.

  • #4,384 in Professional & Technical Services (21,562 peers)

Qspec Solutions, Incorporated multi-year trail

Qspec Solutions, Incorporated's plans moved +30.3% in assets from 2022 to 2024; this filing shows Qspec Solutions Employee Stock Ownership Plan at $919K / 23 participants.

#4,384
in Professional & Technical Services (21,562 peers)
+8.7%
assets growth YoY

Qspec Solutions Employee Stock Ownership Plan among the smaller filed plans by assets

Qspec Solutions Employee Stock Ownership Plan vs every filed plan by assets

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

$918,784 24th percentile higher than 24% 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

Qspec Solutions 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. Qspec Solutions Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 481221332 · Qspec Solutions, Incorporated PY 2022 · ESOP

Qspec Solutions Employee Stock Ownership Plan · $919K · 23 · 24th

  • PART $919K
  • PART 23
  • PART 24th
  • PART ESOP
  • PART near Micro Craft ESOP
  • PART ind #4384

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 Kansas →

Qspec Solutions Employee Stock Ownership Plan in the asset neighbourhood

Qspec Solutions Employee Stock Ownership PlanQspec Solutions Employee Sto…$919KMicro Craft ESOP$919KAaron Investments Inc Employee Stock Ownership PlanAaron Investments Inc Employ…$918KDelcrest Medical Services, Inc. Employee Stock Ownership PlanDelcrest Medical Services, I…$921KD.W. Johnston Construction, Inc. Employee Stock Ownership PlanD.W. Johnston Construction, …$922K
End-of-year total assets ($M) among Qspec Solutions Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Qspec Solutions, Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All Qspec Solutions, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$1M 30.280893006408473% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M$1.4M 202220232024 $0.92M $1.2M ▲ +30.4%
Year Plans Participants Total Assets
2022 1 23 $919K
2023 1 19 $569K
2024 1 19 $1M

Qspec Solutions, Incorporated filing trail (2022)

Total Assets (Beginning of Year)$845K
Net Assets (End of Year)$375K
Net Income$373K
Employer EIN481221332
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Kansas

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

Qspec Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 -1000100200300400 Total assets ($M) Participants Qspec Solutions Employee Stock Ownership Plan, Total assets ($M): 0.918784 · Participants: 23Qspec Solutions Employee Stock Ownership PlanPbi-Gordon Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 369.500071 · Participants: 506Pbi-Gordon Companies, Inc. Employee Stock Ownership PlanHarcros Chemicals, Inc. Employee Stock Ownership Plan, Total assets ($M): 224.759718 · Participants: 560Harcros Chemicals, Inc. Employee Stock Ownership PlanMmc Corp Employee Stock Ownership Plan, Total assets ($M): 224.129068 · Participants: 867Mmc Corp Employee Stock Ownership PlanGlobe Engineering Co Inc Employee Stock Ownership Plan and Trust, Total assets ($M): 133.421113 · Participants: 244Globe Engineering Co Inc Employee Stock Ownership Plan and TrustInland Truck Parts Company Employee Stock Ownership Plan and Trust, Total assets ($M): 77.703859 · Participants: 603Inland Truck Parts Company Employee Stock Ownership Plan and Trust
Qspec Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants

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

Outside Kansas, the nearest ESOP by assets is Micro Craft ESOP in TN ($919K); by covered participants it is Profitmaster Displays, Inc. Employee Stock Ownership Plan in GA (23 participants). Same-state nearby plans are listed separately above.

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 Qspec Solutions Employee Stock Ownership Plan assets move in 2022?
Qspec Solutions Employee Stock Ownership Plan grew at a solid clip - up 8.7% during 2022, from $845K to $919K. Reported net income was $373K.
How have Qspec Solutions, Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Qspec Solutions, Incorporated's sponsor-wide assets grew 30.3%, from $919K to $1M.
Where does Qspec Solutions Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Qspec Solutions Employee Stock Ownership Plan ranks in the 24th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Qspec Solutions Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Micro Craft ESOP in TN ($919K, 46 participants).
Which ESOP plans cover a similar participant headcount to Qspec Solutions Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Profitmaster Displays, Inc. Employee Stock Ownership Plan in GA (23 participants, $6M in assets).