ESOP · DOL Form 5500 · 2022

Thermoflex Corporation ESOP

Data updated 2026-08-11

$45M
Total assets
407
Participants
87th
Percentile by assets
$111,339
Avg per participant
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Official DOL plan name: Thermoflex Corp. Employee Stock Ownership Plan · Sponsored by Thermoflex Corporation · Illinois · Manufacturing

$45M in assets, 407 participants

Thermoflex Corporation's Thermoflex Corp. Employee Stock Ownership Plan reported $45M in total assets and 407 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 139,126 plans)
  • #16,738 in Manufacturing (20,602 peers)

Where Thermoflex Corp. Employee Stock Ownership Plan sits by assets

Thermoflex Corp. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $45M for 407 participants (~$111,339/participant), down 57.4% in 2022.

$45M
total plan assets (2022 EOY)
407
covered participants
87th
percentile by assets (of 139,126 plans)
$111,339
avg assets per participant

The plan reported a net loss of $60M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Thermoflex Corp. Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, Thermoflex Corp. Employee Stock Ownership Plan outranks 87% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$106M
Net Assets (End of Year)$35M
Net Income-$60M
Employer EIN363734832
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thermoflex Corporation)

$40M$60M$80M$100M$120M$140M 202220232024 $51.7M $112M ▲ +116.4%
Total plan assets by year, all Thermoflex Corporation plans on file
Year Plans Participants Total Assets
2022 2 1,103 $52M
2023 2 1,105 $118M
2024 2 1,246 $112M

Nearby ESOP Plans in Illinois

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

Thermoflex Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Thermoflex Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Thermoflex Corp. Emp…Amsted Industries In…Ori 401(k) Savings a…Kehe Distributors, I…Scot Forge Company E…Rli Corp. Employee S…
Thermoflex Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Thermoflex Corp. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Thermoflex Corp. Employee Stock Ownership Plan assets move in 2022?
Thermoflex Corp. Employee Stock Ownership Plan contracted severely - down 57.4% during 2022, from $106M to $45M. Reported net income was -$60M.
How have Thermoflex Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Thermoflex Corporation's sponsor-wide assets grew 116.4%, from $52M to $112M.
Where does Thermoflex Corp. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Thermoflex Corp. Employee Stock Ownership Plan ranks in the 87th 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 Thermoflex Corp. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Lerch Bates Inc. Employee Stock Ownership Plan and Trust in CO ($45M, 290 participants).

Next read for Thermoflex Corp. Employee Stock Ownershi…

Scale reading

Ways to act on Thermoflex Corp. Employee Stock Ownership Plan's numbers.

  • By total assets, Thermoflex Corp. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Illinois. Compare plans
  • Thermoflex Corporation's sponsor-wide assets have grown 116.4% since 2022 across 3 plan years on file. More Manufacturing plans