ESOP · DOL Form 5500 · 2023
Tech-Marine Business Inc ESOP
Data updated 2026-08-11
- $10M
- Total assets
- 160
- Participants
- 59th
- Percentile by assets
- $63,676
- Avg per participant
Official DOL plan name: Tech-Marine Business, Inc. Employee Stock Ownership Plan · Sponsored by Tech-Marine Business Inc · District of Columbia · Professional & Technical Services
$10M in assets, 160 participants
Tech-Marine Business Inc's Tech-Marine Business, Inc. Employee Stock Ownership Plan reported $10M in total assets and 160 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.
- 59th percentile by assets (of 127,072 plans)
- #11,728 in Professional & Technical Services (20,321 peers)
Coverage in District of Columbia
Tech-Marine Business, Inc. Employee Stock Ownership Plan covers 160 participants in District of Columbia, about 11% of the average District of Columbia filer (state average ~1,456 per filing). Assets: $10M.
- $10M
- total plan assets (2023 EOY)
- 160
- covered participants
- 59th
- percentile by assets (of 127,072 plans)
- $63,676
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Tech-Marine Business, Inc. Employee Stock Ownership Plan reported net income rose from -$3M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
- Tech-Marine Business, Inc. Employee Stock Ownership Plan end-of-year assets fell from $11M in the plan year 2022 filing to $10M in the plan year 2023 filing.
Participants vs District of Columbia filers
In District of Columbia, the average filing covers about 1,456 participants across 881 plans. Tech-Marine Business, Inc. Employee Stock Ownership Plan reports 160 participants - about 11% of that state average ($10M EOY assets).
District of Columbia filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | -$1M |
| Employer EIN | 541860677 |
| Plan Effective Date | 2008-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tech-Marine Business Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 384 | $37M |
| 2023 | 2 | 358 | $38M |
| 2024 | 2 | 324 | $44M |
Nearby ESOP Plans in District of Columbia
Peer ESOP plans, same state, same plan type, ranked by total assets.
Tech-Marine Business, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants
- Chemonics International, Inc. Employee Stock Ownership Plan $426M · 2,206
- Cornerstone Government Affairs, Inc. Employee Stock Ownership Plan $72M · 107
- Hager Sharp, Inc. Employee Stock Ownership Plan $17M · 57
- Rational 360 Employee Stock Ownership Plan $11M · 3
- Callahan & Associates, Inc. Employee Stock Ownership Plan $9M · 90
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Tech-Marine Business, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Tech-Marine Business, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Tech-Marine Business, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in District of Columbia. Compare plans
- Tech-Marine Business Inc's sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans