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
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
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
Alabama filing particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | -$837K |
| Net Income | -$304K |
| Employer EIN | 630847337 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING 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
| 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.
- Starfish Holdings, Inc. Employee Stock Ownership Plan $389M · 1,314
- Starfish Holdings, Inc. Employee Stock Ownership Plan $389M · 1,314
- Inline Electric Employee Stock Ownership Plan $164M · 231
- Signature Homes Employee Stock Ownership Plan $126M · 130
- Radiance Technologies, Inc. Employee Stock Ownership Plan $120M · 853
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.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (132 participants); asset peers above are excluded.
- Custom Profile Holdings, Inc. Employee Stock Ownership Plan (MI) 132 · 0 off
- Ams Mechanical Holdings, Inc. Employee Stock Ownership Plan (IL) 132 · 0 off
- Midstate Bancorp Employee Stock Ownership Plan (OK) 132 · 0 off
- Architectural Office Environments, Inc. Employee Stock Ownership Plan (IL) 132 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.