ESOP · DOL Form 5500 · 2022
Re/Spec Inc. ESOP
Data updated 2026-08-11
- $39M
- Total assets
- 516
- Participants
- 86th
- Percentile by assets
- $76,188
- Avg per participant
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.
- 86th percentile by assets (of 139,126 plans)
- #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.
- $39M
- total plan assets (2022 EOY)
- 516
- covered participants
- 86th
- percentile by assets (of 139,126 plans)
- $76,188
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Re/Spec Inc. Employee Stock Ownership Plan outranks 86% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).
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.)
| 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.
Re/Spec Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants
- 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
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Re/Spec Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Scale reading
Ways to act on Re/Spec Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Re/Spec 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 South Dakota. Compare plans
- Re/Spec Inc.'s sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Professional & Technical Services plans