ESOP · DOL Form 5500 · 2022

Nec, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
13
Participants Small participant base
46th
Percentile by assets National rank
$308,602
Avg per participant High balance/head
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Official DOL plan name: Nec, Inc. Employee Stock Ownership Plan · Sponsored by Nec, Inc. · Iowa · Construction

$4M in assets, 13 participants

Nec, Inc.'s Nec, Inc. Employee Stock Ownership Plan reported $4M in total assets and 13 participants in its 2022 DOL Form 5500 filing, ranking in the 46th 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.

  • #4,455 in Construction (9,927 peers)

Nec, Inc. multi-year trail

Nec, Inc.'s plans moved +80.3% in assets from 2022 to 2024; this filing shows Nec, Inc. Employee Stock Ownership Plan at $4M / 13 participants.

#4,455
in Construction (9,927 peers)
+9.1%
assets growth YoY

Nec, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Nec, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$4,011,827 46th percentile higher than 46% 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

Nec, Inc. 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. Nec, Inc. Employee Stock Ownership Plan is a small filing (13 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 420938336 · Nec, Inc. PY 2022 · ESOP

Nec, Inc. Employee Stock Ownership Plan · $4M · 13 · 46th

  • BOY $4M
  • BOY 13
  • BOY 46th
  • BOY ESOP
  • BOY near King Van & Storage, Inc. Employee Stock Ownership Plan
  • BOY ind #4455

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 Iowa →

Nec, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Elward ESOP Plan & Trust$4ME80 Holdings, Inc. Employee Stock Ownership PlanE80 Holdings, Inc. Employee …$4MNec, Inc. Employee Stock Ownership PlanNec, Inc. Employee Stock Own…$4MKing Van & Storage, Inc. Employee Stock Ownership PlanKing Van & Storage, Inc. Emp…$4MAmc Engineers Employee Stock Ownership PlanAmc Engineers Employee Stock…$4M
End-of-year total assets ($M) among Nec, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Nec, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Nec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 80.3295605717794% vs 2022
2024 filing year
$3M$4M$5M$6M$7M$8M 202220232024 $4.01M $7.23M ▲ +80.3%
Year Plans Participants Total Assets
2022 1 13 $4M
2023 1 14 $5M
2024 1 14 $7M

Nec, Inc. filing trail (2022)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income$398K
Employer EIN420938336
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

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

Nec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -2000200400600800 Total assets ($M) Participants Nec, Inc. Employee Stock Ownership Plan, Total assets ($M): 4.011827 · Participants: 13Nec, Inc. Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 685.782673 · Participants: 781Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 437.278096 · Participants: 774Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 402.726302 · Participants: 645Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 382.93662 · Participants: 643Ita Group Holdings, Inc. Employees' Stock Ownership PlanAnnett Holdings, Inc. Employee Stock Ownership Plan & Trust, Total assets ($M): 362.257753 · Participants: 2582Annett Holdings, Inc. Employee Stock Ownership Plan & Trust
Nec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants

Nec, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is King Van & Storage, Inc. Employee Stock Ownership Plan in CA ($4M); by covered participants it is Mid-States Glass and Metals, Inc. Employee Stock Ownership Plan in IL (13 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 Nec, Inc. Employee Stock Ownership Plan assets move in 2022?
Nec, Inc. Employee Stock Ownership Plan grew at a solid clip - up 9.1% during 2022, from $4M to $4M. Reported net income was $398K.
How have Nec, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nec, Inc.'s sponsor-wide assets grew 80.3%, from $4M to $7M.
Which ESOP plans are similar in size to Nec, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is King Van & Storage, Inc. Employee Stock Ownership Plan in CA ($4M, 75 participants).
Which ESOP plans cover a similar participant headcount to Nec, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Mid-States Glass and Metals, Inc. Employee Stock Ownership Plan in IL (13 participants, $2M in assets).