ESOP · DOL Form 5500 · 2023

Kontek Systems, Inc. ESOP

Data updated 2026-08-11

$834K
Total assets: 25
Participants: 22nd
Percentile by assets: $33,376
Avg per participant

Official DOL plan name: Kontek Systems, Inc. Employee Stock Ownership Plan · Sponsored by Kontek Systems, Inc. · North Carolina · Construction

$834K in assets, 25 participants

Kontek Systems, Inc.'s Kontek Systems, Inc. Employee Stock Ownership Plan reported $834K in total assets and 25 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

22nd percentile by assets (of 127,072 plans)
#1,827 in Construction (9,030 peers)

What the 2023 filing shows

Kontek Systems, Inc. Employee Stock Ownership Plan holds $834K for 25 participants - about $33,376 per participant, among the smaller plans by assets on file.

$834K
total plan assets (2023 EOY): 25
covered participants: 22nd
percentile by assets (of 127,072 plans): $33,376
avg assets per participant

Kontek Systems, Inc. Employee Stock Ownership Plan reported net income rose from -$700K in the plan year 2022 filing to $163K in the plan year 2023 filing.
Kontek Systems, Inc. Employee Stock Ownership Plan reported participants fell from 26 in the plan year 2022 filing to 25 in the plan year 2023 filing.
Kontek Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $825K in the plan year 2022 filing to $834K in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

North Carolina

Industry

Construction

ESOP filing for Kontek Systems, Inc. Employee Stock Ownership Plan

ESOP filing for plan year 2023: EIN 565185642 ; effective since 2020-01-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)	$825K
Net Assets (End of Year)	-$237K
Net Income	$163K
Employer EIN	565185642
Plan Effective Date	2020-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Kontek Systems, Inc.)

Total plan assets by year, all Kontek Systems, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	26	$825K
2023	1	25	$834K

Nearby ESOP Plans in North Carolina

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

Kontek Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Columbia Forest Products, Inc. Employee Stock Ownership Plan and Trust $182M · 1,330
Ecmd, Inc. Employee Stock Ownership Plan $132M · 922
Precision Walls, Inc. Employee Stock Ownership Plan $111M · 1,028
Robert E. Mason & Associates, Inc. Employee Stock Ownership Plan $102M · 273
State Utility Contractors, Inc. Employee Stock Ownership Plan $86M · 144

Compare Kontek Systems, Inc. Employee Stock Owne… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Kontek Systems, Inc. Employee Stock Ownership Plan by total assets, not by location.

Community Bankshares, Inc. Employee Stock Ownership and Trust (GA) $834K · 476
Loren D. Stark Company, Inc. Employee Stock Ownership Plan (TX) $835K · 74
Nissho of California Inc Employee Stock Ownership Plan (CA) $836K · 30
Dorian Drake International, Inc. Employee Stock Ownership Plan (NY) $832K · 42

Frequently Asked Questions

How did Kontek Systems, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Kontek Systems, Inc. Employee Stock Ownership Plan edged up modestly - up 1.2% during 2023, from $825K to $834K. Reported net income was $163K.

How have Kontek Systems, Inc. plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Kontek Systems, Inc.'s sponsor-wide assets grew 1.2%, from $825K to $834K.

Where does Kontek Systems, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Kontek Systems, Inc. Employee Stock Ownership Plan ranks in the 22nd 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 Kontek Systems, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Community Bankshares, Inc. Employee Stock Ownership and Trust in GA ($834K, 476 participants).

Next read for Kontek Systems, Inc. Employee Stock Owne…

Filing takeaways

Ways to act on Kontek Systems, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Kontek Systems, Inc. Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in North Carolina. Compare plans
Kontek Systems, Inc.'s sponsor-wide assets have grown 1.2% since 2022 across 2 plan years on file. More Construction 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 565185642.