ESOP · DOL Form 5500 · 2023

Nortex Communications Company ESOP

Data updated 2026-08-11

$11M
Total assets
48
Participants
60th
Percentile by assets
$219,124
Avg per participant
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Official DOL plan name: Nortex Communications Company Stock Bonus Employee Stock Ownership Plan · Sponsored by Nortex Communications Company · Texas · Information & Media

$11M in assets, 48 participants

Nortex Communications Company's Nortex Communications Company Stock Bonus Employee Stock Ownership Plan reported $11M in total assets and 48 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 127,072 plans)
  • #1,336 in Information & Media (2,818 peers)

Nortex Communications Company multi-year trail

Nortex Communications Company's plans moved +57.1% in assets from 2022 to 2024; this filing shows Nortex Communications Company Stock Bonus Employee Stock Ownership Plan at $11M / 48 participants.

$11M
total plan assets (2023 EOY)
48
covered participants
60th
percentile by assets (of 127,072 plans)
$219,124
avg assets per participant

Where Nortex Communications Company Stock Bonus Employee Stock Ownership Plan sits by total assets

Nortex Communications Company Stock Bonus Employee Stock Ownership Plan vs every filed plan by assets

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

$10,517,935 Top 40% higher than 60% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nortex Communications Company Stock Bonus Employee Stock Ownership Plan reported net income rose from $877K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Nortex Communications Company Stock Bonus Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Nortex Communications Company Stock Bonus Employee Stock Ownership Plan reported participants rose from 46 in the plan year 2022 filing to 48 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Information & Media

Nortex Communications Company across 3 plan years on file

Across the 3 plan years Nortex Communications Company has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $19M, a gain of 57.1%, while reported participants moved from 86 to 107 (+24.4%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($12M).

Nortex Communications Company multi-year asset trail

$10M$15M$20M 202220232024 $11.8M $18.5M ▲ +57.1%
Total plan assets by year, all Nortex Communications Company plans on file
Year Plans Participants Total Assets
2022 2 86 $12M
2023 2 96 $16M
2024 2 107 $19M

Nortex Communications Company filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$10M
Net Income$3M
Employer EIN751255963
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

Nortex Communications Company Stock Bonus Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -50510152025 Total assets ($B) Participants Nortex Communication…, Total assets ($B): 0.010517935 · Participants: 48Nortex Communication…Sammons Enterprises,…, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises,…Highland Homes Emplo…, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Emplo…Austin Industries Em…, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Em…Cactus Feeders, Inc.…, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc.…Lja Engineering, Inc…, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc…
Nortex Communications Company Stock Bonus Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Nortex Communications Company Stock Bonu… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Nortex Communications Company Stock Bonus Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Nortex Communications Company Stock Bonus Employee Stock Ownership Plan assets move in 2023? ▼
Nortex Communications Company Stock Bonus Employee Stock Ownership Plan surged - up 45.8% during 2023, from $7M to $11M. Reported net income was $3M.
How have Nortex Communications Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nortex Communications Company's sponsor-wide assets grew 57.1%, from $12M to $19M.
Which ESOP plans are similar in size to Nortex Communications Company Stock Bonus Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN ($11M, 21 participants).

Next read for Nortex Communications Company Stock Bonu…

Multi-year trail

Ways to act on Nortex Communications Company Stock Bonus Employee Stock Ownership Plan's numbers.

  • By total assets, Nortex Communications Company Stock Bonus 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 Texas. Compare plans
  • Nortex Communications Company's sponsor-wide assets have grown 57.1% since 2022 across 3 plan years on file. More Information & Media plans

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 751255963.

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.