ESOP · DOL Form 5500 · 2022

Royal Technologies Corporation ESOP

Data updated 2026-08-25

$153M
Total assets Near avg plan size
1,128
Participants Near avg headcount
95th
Percentile by assets National rank
$135,355
Avg per participant Near avg balance/head
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Official DOL plan name: Royal Technologies Corporation Employee Stock Ownership Plan · Sponsored by Royal Technologies Corporation · Michigan · Manufacturing

$153M in assets, 1,128 participants

Royal Technologies Corporation's Royal Technologies Corporation Employee Stock Ownership Plan reported $153M in total assets and 1,128 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #18,895 in Manufacturing (20,602 peers)

Where Royal Technologies Corporation Employee Stock Ownership Plan sits by assets

Royal Technologies Corporation Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $153M for 1,128 participants (~$135,355/participant), down 20.6% in 2022.

#18,895
in Manufacturing (20,602 peers)
-20.6%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $39M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Royal Technologies Corporation Employee Stock Ownership Plan's outsized position by total assets

Royal Technologies Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$152,679,937 Top 5% higher than 95% 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

Royal Technologies Corporation Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Royal Technologies Corporation Employee Stock Ownership Plan lands in the large band (1,128 participants).

Plan-year Form 5500 strip

Filing strip 382726351 · Royal Technologies Corporation PY 2022 · ESOP

Royal Technologies Corporation Employee Stock Ownership Plan · $153M · 1,128 · 95th

  • IND $153M
  • IND 1,128
  • IND 95th
  • IND ESOP
  • IND near Penn United Technologies, Inc. Employee Stock Ownership Plan
  • IND ind #18895

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 Michigan →

Royal Technologies Corporation Employee Stock Ownership Plan in the asset neighbourhood

Metro Builders Supply, Inc. Employee Stock Ownership PlanMetro Builders Supply, Inc. …$154MRoyal Technologies Corporation Employee Stock Ownership PlanRoyal Technologies Corporati…$153MPenn United Technologies, Inc. Employee Stock Ownership PlanPenn United Technologies, In…$153MManson Construction Co. Non-Craft Employee Stock Ownership PlanManson Construction Co. Non-…$152MMurray Plumbing & Heating Corporation Employee Stock Ownership PlanMurray Plumbing & Heating Co…$152M
End-of-year total assets ($M) among Royal Technologies Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$192M
Net Assets (End of Year)$153M
Net Income-$39M
Employer EIN382726351
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Royal Technologies Corporation)

Sponsor-wide plan assets over time

All Royal Technologies Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$193M 1.2911087403334676% vs 2022
2024 filing year
$185M$190M$195M$200M 202220232024 $195M $193M ▼ -1.3%
Year Plans Participants Total Assets
2022 2 2,279 $195M
2023 2 2,223 $187M
2024 2 2,241 $193M

Nearby ESOP Plans in Michigan

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

Royal Technologies Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 00.20.40.60.811.2 Total assets ($B) Participants Royal Technologies Corporation Employee Stock Ownership Plan, Total assets ($B): 0.152679937 · Participants: 1128Royal Technologies Corporation Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Royal Technologies Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Royal Technologies Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Penn United Technologies, Inc. Employee Stock Ownership Plan in PA ($153M); by covered participants it is Tuff Shed, Inc. Employee Stock Ownership Plan in CO (1,127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,128 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 Royal Technologies Corporation Employee Stock Ownership Plan assets move in 2022? ▼
Royal Technologies Corporation Employee Stock Ownership Plan declined sharply - down 20.6% during 2022, from $192M to $153M. Reported net income was -$39M.
How have Royal Technologies Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Royal Technologies Corporation's sponsor-wide assets declined 1.3%, from $195M to $193M.
Where does Royal Technologies Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Royal Technologies Corporation Employee Stock Ownership Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Royal Technologies Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Penn United Technologies, Inc. Employee Stock Ownership Plan in PA ($153M, 767 participants).
Which ESOP plans cover a similar participant headcount to Royal Technologies Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Tuff Shed, Inc. Employee Stock Ownership Plan in CO (1,127 participants, $7M in assets).