ESOP · DOL Form 5500 · 2023

NERAC ESOP

Data updated 2026-08-25

$622K
Total assets Small plan by assets
20
Participants Small participant base
20th
Percentile by assets National rank
$31,104
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nerac Employee Stock Ownership Plan · Sponsored by NERAC · Connecticut · Professional & Technical Services

$622K in assets, 20 participants

NERAC's Nerac Employee Stock Ownership Plan reported $622K in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 20th 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.

  • #2,989 in Professional & Technical Services (20,321 peers)

NERAC multi-year trail

NERAC's plans moved -35.6% in assets from 2022 to 2024; this filing shows Nerac Employee Stock Ownership Plan at $622K / 20 participants.

#2,989
in Professional & Technical Services (20,321 peers)
-7.2%
assets change YoY

Nerac Employee Stock Ownership Plan among the smaller filed plans by assets

Nerac Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$622,082 20th percentile higher than 20% of 127,068 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 2023

Nerac Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nerac Employee Stock Ownership Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nerac Employee Stock Ownership Plan reported net income fell from $432K in the plan year 2022 filing to $93K in the plan year 2023 filing.
  • Nerac Employee Stock Ownership Plan end-of-year assets fell from $671K in the plan year 2022 filing to $622K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 061165480 · NERAC PY 2023 · ESOP

Nerac Employee Stock Ownership Plan · $622K · 20 · 20th

  • TYPE $622K
  • TYPE 20
  • TYPE 20th
  • TYPE ESOP
  • TYPE near Vincent Pools, Inc. Employee Stock Ownership Plan
  • TYPE ind #2989

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 Connecticut →

Nerac Employee Stock Ownership Plan in the asset neighbourhood

V W International, Inc. Employee Stock Ownership PlanV W International, Inc. Empl…$625KNerac Employee Stock Ownership PlanNerac Employee Stock Ownersh…$622KVincent Pools, Inc. Employee Stock Ownership PlanVincent Pools, Inc. Employee…$623KJ & M Printing, Inc. Employee Stock Ownership PlanJ & M Printing, Inc. Employe…$620KKlean Kanteen, Inc. Employee Stock Ownership PlanKlean Kanteen, Inc. Employee…$625K
End-of-year total assets ($M) among Nerac Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

NERAC multi-year asset trail

Sponsor-wide plan assets over time

All NERAC plans reported in each filing year

Latest sponsor-wide plan assets
$432K 35.611094542201016% vs 2022
2024 filing year
$0.4M$0.5M$0.6M$0.7M 202220232024 $0.67M $0.43M ▼ -35.8%
Year Plans Participants Total Assets
2022 1 20 $671K
2023 1 20 $622K
2024 1 19 $432K

NERAC filing trail (2023)

Total Assets (Beginning of Year)$671K
Net Assets (End of Year)-$122K
Net Income$93K
Employer EIN061165480
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Connecticut

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

Nerac Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -2000200400600 -1000100200300400 Total assets ($M) Participants Nerac Employee Stock Ownership Plan, Total assets ($M): 0.622082 · Participants: 20Nerac Employee Stock Ownership PlanMott Corporation Employee Stock Ownership Plan, Total assets ($M): 360.458407 · Participants: 269Mott Corporation Employee Stock Ownership PlanSonalysts, Inc. Employee Stock Ownership Plan, Total assets ($M): 125.286205 · Participants: 418Sonalysts, Inc. Employee Stock Ownership PlanBl Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 113.226057 · Participants: 323Bl Companies, Inc. Employee Stock Ownership PlanEurpac Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 96.349012 · Participants: 529Eurpac Service, Inc. Employee Stock Ownership PlanTwin Mro Employee Stock Ownership Plan, Total assets ($M): 82.993881 · Participants: 93Twin Mro Employee Stock Ownership Plan
Nerac Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
Compare Nerac Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest ESOP by assets is Vincent Pools, Inc. Employee Stock Ownership Plan in PA ($623K); by covered participants it is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nerac Employee Stock Ownership Plan assets move in 2023? ▼
Nerac Employee Stock Ownership Plan pulled back noticeably - down 7.2% during 2023, from $671K to $622K. Reported net income was $93K.
How have NERAC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), NERAC's sponsor-wide assets declined 35.6%, from $671K to $432K.
Where does Nerac Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Nerac Employee Stock Ownership Plan ranks in the 20th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Nerac Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Vincent Pools, Inc. Employee Stock Ownership Plan in PA ($623K, 20 participants).
Which ESOP plans cover a similar participant headcount to Nerac Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 061165480.

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.