ESOP · DOL Form 5500 · 2022
Re/Spec Inc. ESOP
Data updated 2026-08-25
- $39M
- Total assets Below avg plan size
- 516
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $76,188
- Avg per participant Below avg balance/head
Official DOL plan name: Re/Spec Inc. Employee Stock Ownership Plan · Sponsored by Re/Spec Inc. · South Dakota · Professional & Technical Services
$39M in assets, 516 participants
Re/Spec Inc.'s Re/Spec Inc. Employee Stock Ownership Plan reported $39M in total assets and 516 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.
- #18,701 in Professional & Technical Services (21,562 peers)
Where Re/Spec Inc. Employee Stock Ownership Plan sits by assets
Re/Spec Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $39M for 516 participants (~$76,188/participant), down 0.8% in 2022.
- #18,701
- in Professional & Technical Services (21,562 peers)
- -0.8%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $319K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Re/Spec Inc. Employee Stock Ownership Plan's outsized position by total assets
Re/Spec Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$39,313,050 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
Re/Spec 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. Re/Spec Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (516 participants).
Form 5500 schedule snapshot
Filing strip 460315848 · Re/Spec Inc. PY 2022 · ESOP
Re/Spec Inc. Employee Stock Ownership Plan · $39M · 516 · 86th
- 5500 $39M
- 5500 516
- 5500 86th
- 5500 ESOP
- 5500 near Seneca Medical Employee Stock Ownership Plan and Trust
- 5500 ind #18701
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 South Dakota →
Re/Spec Inc. Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $40M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | -$319K |
| Employer EIN | 460315848 |
| Plan Effective Date | 1991-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Re/Spec Inc.)
Sponsor-wide plan assets over time
All Re/Spec Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $112M 26.20228073330945% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 969 | $89M |
| 2023 | 2 | 952 | $103M |
| 2024 | 2 | 991 | $112M |
Nearby ESOP Plans in South Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Showplace Wood Products, Inc. Employee Stock Ownership Plan $91M · 469
- Fishback Financial Corporation Employee Stock Ownership Plan $55M · 688
- Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $41M · 82
- The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $36M · 112
- Cortrust Bank Employee Stock Ownership Plan and Trust $24M · 291
Re/Spec Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside South Dakota, the nearest ESOP by assets is Seneca Medical Employee Stock Ownership Plan and Trust in OH ($39M); by covered participants it is Pridgeon & Clay, Inc Employee Stock Ownership Plan in MI (515 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($39M here).
Similar participant headcount
Nearest other-state filings by covered participants (516 participants); asset peers above are excluded.
- Pridgeon & Clay, Inc Employee Stock Ownership Plan (MI) 515 · 1 off
- Transhumance Employee Stock Ownership Plan (CA) 515 · 1 off
- Web Industries, Inc. Employee Stock Ownership Plan (MA) 517 · 1 off
- Bank Independent Stock Bonus Plan (AL) 512 · 4 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.