ESOP · DOL Form 5500 · 2022

Teksouth Corporation ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
132
Participants Small participant base
32nd
Percentile by assets National rank
$13,044
Avg per participant Low balance/head
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Official DOL plan name: Teksouth Corporation Employee Stock Ownership Plan · Sponsored by Teksouth Corporation · Alabama · Professional & Technical Services

$2M in assets, 132 participants

Teksouth Corporation's Teksouth Corporation Employee Stock Ownership Plan reported $2M in total assets and 132 participants in its 2022 DOL Form 5500 filing, ranking in the 32nd 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.

  • #6,050 in Professional & Technical Services (21,562 peers)

Coverage in Alabama

Teksouth Corporation Employee Stock Ownership Plan covers 132 participants in Alabama, about 37% of the average Alabama filer (state average ~360 per filing). Assets: $2M.

#6,050
in Professional & Technical Services (21,562 peers)
-22.8%
assets change YoY

The plan reported a net loss of $304K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Teksouth Corporation Employee Stock Ownership Plan among the smaller filed plans by assets

Teksouth Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$1,721,851 32nd percentile higher than 32% 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

Teksouth Corporation 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. Teksouth Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (132 participants).

Form 5500 schedule snapshot

Filing strip 630847337 · Teksouth Corporation PY 2022 · ESOP

Teksouth Corporation Employee Stock Ownership Plan · $2M · 132 · 32nd

  • ASSETS $2M
  • ASSETS 132
  • ASSETS 32nd
  • ASSETS ESOP
  • ASSETS near Freedman & Goldberg PC Employee Stock Ownership Plan
  • ASSETS ind #6050

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 Alabama →

Teksouth Corporation Employee Stock Ownership Plan in the asset neighbourhood

Extol, Inc. Employee Stock Ownership PlanExtol, Inc. Employee Stock O…$2MTeksouth Corporation Employee Stock Ownership PlanTeksouth Corporation Employe…$2MFreedman & Goldberg PC Employee Stock Ownership PlanFreedman & Goldberg PC Emplo…$2MGemini Stock Program$2MBlackburn Consulting Employee Stock Ownership PlanBlackburn Consulting Employe…$2M
End-of-year total assets ($M) among Teksouth Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$837K
Net Income-$304K
Employer EIN630847337
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teksouth Corporation)

Sponsor-wide plan assets over time

All Teksouth Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$25M 76.8003418629564% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $14.3M $25.4M ▲ +76.8%
Year Plans Participants Total Assets
2022 2 272 $14M
2023 2 263 $19M
2024 2 310 $25M

Nearby ESOP Plans in Alabama

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

Teksouth Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500 -1000100200300400500 Total assets ($M) Participants Teksouth Corporation Employee Stock Ownership Plan, Total assets ($M): 1.721851 · Participants: 132Teksouth Corporation Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 388.874122 · Participants: 1314Starfish Holdings, Inc. Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 388.874122 · Participants: 1314Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 163.711693 · Participants: 231Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 126.162 · Participants: 130Signature Homes Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 120.092479 · Participants: 853Radiance Technologies, Inc. Employee Stock Ownership Plan
Teksouth Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants

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

Outside Alabama, the nearest ESOP by assets is Freedman & Goldberg PC Employee Stock Ownership Plan in MI ($2M); by covered participants it is Custom Profile Holdings, Inc. Employee Stock Ownership Plan in MI (132 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (132 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 Teksouth Corporation Employee Stock Ownership Plan assets move in 2022?
Teksouth Corporation Employee Stock Ownership Plan declined sharply - down 22.8% during 2022, from $2M to $2M. Reported net income was -$304K.
How have Teksouth Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Teksouth Corporation's sponsor-wide assets grew 76.8%, from $14M to $25M.
Which ESOP plans are similar in size to Teksouth Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Freedman & Goldberg PC Employee Stock Ownership Plan in MI ($2M, 11 participants).
Which ESOP plans cover a similar participant headcount to Teksouth Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Custom Profile Holdings, Inc. Employee Stock Ownership Plan in MI (132 participants, $40K in assets).