ESOP · DOL Form 5500 · 2022

Sechan Electronics, Inc. ESOP

Data updated 2026-08-25

$39M
Total assets Below avg plan size
273
Participants Below avg headcount
86th
Percentile by assets National rank
$141,070
Avg per participant Near avg balance/head
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Official DOL plan name: Sechan Electronics, Inc. Employee Stock Ownership Plan · Sponsored by Sechan Electronics, Inc. · Pennsylvania · Manufacturing

$39M in assets, 273 participants

Sechan Electronics, Inc.'s Sechan Electronics, Inc. Employee Stock Ownership Plan reported $39M in total assets and 273 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #16,327 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Sechan Electronics, Inc. Employee Stock Ownership Plan covers 273 participants in Pennsylvania, about 33% of the average Pennsylvania filer (state average ~822 per filing). Assets: $39M.

#16,327
in Manufacturing (20,602 peers)
-14.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sechan Electronics, Inc. Employee Stock Ownership Plan's outsized position by total assets

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

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

$38,512,156 Top 14% higher than 86% 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

Sechan Electronics, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sechan Electronics, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (273 participants).

Form 5500 schedule snapshot

Filing strip 232336672 · Sechan Electronics, Inc. PY 2022 · ESOP

Sechan Electronics, Inc. Employee Stock Ownership Plan · $39M · 273 · 86th

  • ASSETS $39M
  • PCT 273
  • EIN 86th
  • RANK ESOP
  • PHOTO near Keller, Schroeder & Associates, Inc. Employee Stock Ownership Plan
  • IND ind #16327

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 Pennsylvania →

Sechan Electronics, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Smalley & Company Employee Stock Ownership Plan and TrustSmalley & Company Employee S…$39MTrimark Corporation Employee Stock Ownership PlanTrimark Corporation Employee…$39MKeller, Schroeder & Associates, Inc. Employee Stock Ownership PlanKeller, Schroeder & Associat…$39MSechan Electronics, Inc. Employee Stock Ownership PlanSechan Electronics, Inc. Emp…$39MAnvil Corporation Employee Stock Ownership PlanAnvil Corporation Employee S…$38M
End-of-year total assets ($M) among Sechan Electronics, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$39M
Net Income-$5M
Employer EIN232336672
Plan Effective Date1988-10-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Sechan Electronics, Inc.)

Sponsor-wide plan assets over time

All Sechan Electronics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$66M 11.12890401047487% vs 2022
2024 filing year
$58M$60M$62M$64M$66M$68M 202220232024 $59.3M $65.9M ▲ +11.1%
Year Plans Participants Total Assets
2022 2 600 $59M
2023 2 560 $64M
2024 2 554 $66M

Nearby ESOP Plans in Pennsylvania

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

Sechan Electronics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants Sechan Electronics, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.038512156 · Participants: 273Sechan Electronics, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.519811811 · Participants: 22323Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.154561341 · Participants: 337Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533697969 · Participants: 12847Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.48126732 · Participants: 2268Centimark Corporation Employee Stock Ownership Plan and TrustNewage Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.310383492 · Participants: 304Newage Industries, Inc. Employee Stock Ownership Plan
Sechan Electronics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Sechan Electronics, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Keller, Schroeder & Associates, Inc. Employee Stock Ownership Plan in IN ($39M); by covered participants it is Pinnacle Financial Corporation Employee Stock Ownership Plan in GA (273 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (273 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 Sechan Electronics, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Sechan Electronics, Inc. Employee Stock Ownership Plan pulled back noticeably - down 14.6% during 2022, from $45M to $39M. Reported net income was -$5M.
How have Sechan Electronics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sechan Electronics, Inc.'s sponsor-wide assets grew 11.1%, from $59M to $66M.
Where does Sechan Electronics, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Sechan Electronics, Inc. Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Sechan Electronics, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Keller, Schroeder & Associates, Inc. Employee Stock Ownership Plan in IN ($39M, 94 participants).
Which ESOP plans cover a similar participant headcount to Sechan Electronics, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pinnacle Financial Corporation Employee Stock Ownership Plan in GA (273 participants, $9M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232336672.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.