ESOP · DOL Form 5500 · 2022
Sechan Electronics, Inc. ESOP
Data updated 2026-08-11
- $39M
- Total assets
- 273
- Participants
- 86th
- Percentile by assets
- $141,070
- Avg per participant
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.
- 86th percentile by assets (of 139,126 plans)
- #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.
- $39M
- total plan assets (2022 EOY)
- 273
- covered participants
- 86th
- percentile by assets (of 139,126 plans)
- $141,070
- avg assets per participant
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.
Where Sechan Electronics, Inc. Employee Stock Ownership Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Sechan Electronics, Inc. Employee Stock Ownership Plan reports 273 participants - about 33% of that state average ($39M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | -$5M |
| Employer EIN | 232336672 |
| Plan Effective Date | 1988-10-21 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sechan Electronics, Inc.)
| 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
- Wawa, Inc. Employee Stock Ownership Plan $4.5B · 22,323
- Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.2B · 337
- Sheetz, Inc. Employee Stock Ownership Plan $534M · 12,847
- Centimark Corporation Employee Stock Ownership Plan and Trust $481M · 2,268
- Newage Industries, Inc. Employee Stock Ownership Plan $310M · 304
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Sechan Electronics, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Sechan Electronics, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Sechan Electronics, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
- Sechan Electronics, Inc.'s sponsor-wide assets have grown 11.1% since 2022 across 3 plan years on file. More Manufacturing plans