ESOP · DOL Form 5500 · 2022
Royal Technologies Corporation ESOP
Data updated 2026-08-11
- $153M
- Total assets
- 1,128
- Participants
- 95th
- Percentile by assets
- $135,355
- Avg per participant
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.
- 95th percentile by assets (of 139,126 plans)
- #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.
- $153M
- total plan assets (2022 EOY)
- 1,128
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $135,355
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Royal Technologies Corporation Employee Stock Ownership Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $192M |
|---|---|
| Net Assets (End of Year) | $153M |
| Net Income | -$39M |
| Employer EIN | 382726351 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Royal Technologies Corporation)
| 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
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.1B · 1,155
- The Kendall Group Employee Stock Ownership Plan $726M · 1,817
- Project Worldwide, Inc. Employee Stock Ownership Plan $395M · 977
- Motor City Electric Co. Employee Stock Ownership Plan $191M · 209
- Bandit Holding Company, Inc. Employee Stock Ownership Plan $182M · 591
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Royal Technologies Corporation Employee Stock Ownership Plan by total assets, not by location.
- Penn United Technologies, Inc. Employee Stock Ownership Plan (PA) $153M · 767
- Manson Construction Co. Non-Craft Employee Stock Ownership Plan (WA) $152M · 322
- Murray Plumbing & Heating Corporation Employee Stock Ownership Plan (CA) $152M · 377
- Metro Builders Supply, Inc. Employee Stock Ownership Plan (OK) $154M · 1,249
Frequently Asked Questions
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Scale reading
Ways to act on Royal Technologies Corporation Employee Stock Ownership Plan's numbers.
- By total assets, Royal Technologies Corporation Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
- Royal Technologies Corporation's sponsor-wide assets have declined 1.3% since 2022 across 3 plan years on file. More Manufacturing plans