ESOP · DOL Form 5500 · 2022

Thielsch Engineering, Inc. ESOP

Data updated 2026-08-25

$58M
Total assets Below avg plan size
481
Participants Below avg headcount
89th
Percentile by assets National rank
$120,540
Avg per participant Near avg balance/head
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Official DOL plan name: Thielsch Engineering, Inc. Employee Stock Ownership Plan · Sponsored by Thielsch Engineering, Inc. · Rhode Island · Professional & Technical Services

$58M in assets, 481 participants

Thielsch Engineering, Inc.'s Thielsch Engineering, Inc. Employee Stock Ownership Plan reported $58M in total assets and 481 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #19,469 in Professional & Technical Services (21,562 peers)

Coverage in Rhode Island

Thielsch Engineering, Inc. Employee Stock Ownership Plan covers 481 participants in Rhode Island, about 33% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $58M.

#19,469
in Professional & Technical Services (21,562 peers)
-12.0%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thielsch Engineering, Inc. Employee Stock Ownership Plan's outsized position by total assets

Thielsch Engineering, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$57,979,722 Top 11% higher than 89% 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

Thielsch Engineering, 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. Thielsch Engineering, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (481 participants).

Plan-year Form 5500 strip

Filing strip 050405629 · Thielsch Engineering, Inc. PY 2022 · ESOP

Thielsch Engineering, Inc. Employee Stock Ownership Plan · $58M · 481 · 89th

  • NET $58M
  • NET 481
  • NET 89th
  • NET ESOP
  • NET near Johnnys Selected Seeds Employee Stock Ownership Plan
  • NET ind #19469

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 Rhode Island →

Thielsch Engineering, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Commercial Contracting Corporation Employee Stock Ownership PlanCommercial Contracting Corpo…$58MThielsch Engineering, Inc. Employee Stock Ownership PlanThielsch Engineering, Inc. E…$58MJohnnys Selected Seeds Employee Stock Ownership PlanJohnnys Selected Seeds Emplo…$58MAdvanced Elements, Inc. Employee Stock Ownership PlanAdvanced Elements, Inc. Empl…$58MBrown and Caldwell Employee Stock Ownership PlanBrown and Caldwell Employee …$58M
End-of-year total assets ($M) among Thielsch Engineering, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Rhode Island filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$58M
Net Income-$7M
Employer EIN050405629
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thielsch Engineering, Inc.)

Sponsor-wide plan assets over time

All Thielsch Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$133M 19.323503567772736% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $112M $133M ▲ +19.3%
Year Plans Participants Total Assets
2022 2 991 $112M
2023 2 982 $129M
2024 2 1,054 $133M

Nearby ESOP Plans in Rhode Island

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

Thielsch Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Thielsch Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.057979722 · Participants: 481Thielsch Engineering, Inc. Employee Stock Ownership PlanThe Bank of America Transferred Savings Account Plan, Total assets ($B): 1.006839487 · Participants: 5057The Bank of America Transferred Savings Account PlanCentury Drywall, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.064594 · Participants: 43Century Drywall, Inc. Employee Stock Ownership PlanNewport Harbor Corporation Employee Stock Ownership Plan, Total assets ($B): 0.052510526 · Participants: 1057Newport Harbor Corporation Employee Stock Ownership PlanBeta Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.018113029 · Participants: 166Beta Group, Inc. Employee Stock Ownership PlanMarine Acoustics, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.004405609 · Participants: 40Marine Acoustics, Inc. Employee Stock Ownership Plan
Thielsch Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Rhode Island, assets vs. participants
Compare Thielsch Engineering, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Thielsch Engineering, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Rhode Island, the nearest ESOP by assets is Johnnys Selected Seeds Employee Stock Ownership Plan in ME ($58M); by covered participants it is Moore's Electrical & Mechanical Construction, Inc. Employee Stock Ownership Plan and Trust in VA (481 participants). Same-state nearby plans are listed separately above.

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 Thielsch Engineering, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Thielsch Engineering, Inc. Employee Stock Ownership Plan pulled back noticeably - down 12.0% during 2022, from $66M to $58M. Reported net income was -$7M.
How have Thielsch Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Thielsch Engineering, Inc.'s sponsor-wide assets grew 19.3%, from $112M to $133M.
Where does Thielsch Engineering, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Thielsch Engineering, Inc. Employee Stock Ownership Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Thielsch Engineering, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Johnnys Selected Seeds Employee Stock Ownership Plan in ME ($58M, 252 participants).
Which ESOP plans cover a similar participant headcount to Thielsch Engineering, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Moore's Electrical & Mechanical Construction, Inc. Employee Stock Ownership Plan and Trust in VA (481 participants, $15M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 050405629.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.