ESOP · DOL Form 5500 · 2023

Thermoanalytics, Inc. ESOP

Data updated 2026-08-25

$17M
Total assets Small plan by assets
63
Participants Small participant base
69th
Percentile by assets National rank
$262,527
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Thermoanalytics, Inc. Employee Stock Ownership Plan · Sponsored by Thermoanalytics, Inc. · Michigan · Professional & Technical Services

$17M in assets, 63 participants

Thermoanalytics, Inc.'s Thermoanalytics, Inc. Employee Stock Ownership Plan reported $17M in total assets and 63 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #13,907 in Professional & Technical Services (20,321 peers)

Thermoanalytics, Inc. multi-year trail

Thermoanalytics, Inc.'s plans moved +15.1% in assets from 2022 to 2024; this filing shows Thermoanalytics, Inc. Employee Stock Ownership Plan at $17M / 63 participants.

#13,907
in Professional & Technical Services (20,321 peers)
-7.5%
assets change YoY

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.

Thermoanalytics, Inc. Employee Stock Ownership Plan's outsized position by total assets

Thermoanalytics, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$16,539,204 Top 31% higher than 69% 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

Thermoanalytics, Inc. 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. Thermoanalytics, Inc. Employee Stock Ownership Plan is a small filing (63 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thermoanalytics, Inc. Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Thermoanalytics, Inc. Employee Stock Ownership Plan end-of-year assets fell from $18M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Thermoanalytics, Inc. Employee Stock Ownership Plan reported participants rose from 61 in the plan year 2022 filing to 63 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 383276438 · Thermoanalytics, Inc. PY 2023 · ESOP

Thermoanalytics, Inc. Employee Stock Ownership Plan · $17M · 63 · 69th

  • EBSA $17M
  • EBSA 63
  • EBSA 69th
  • EBSA ESOP
  • EBSA near Bernards Holdings, Inc. Employee Stock Ownership Plan
  • EBSA ind #13907

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 Michigan →

Thermoanalytics, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Burns Engineering, Inc. Employee Stock Ownership PlanBurns Engineering, Inc. Empl…$17MSelect Investment and Management Co. Employee Stock Ownership PlanSelect Investment and Manage…$17MBernards Holdings, Inc. Employee Stock Ownership PlanBernards Holdings, Inc. Empl…$17MThermoanalytics, Inc. Employee Stock Ownership PlanThermoanalytics, Inc. Employ…$17MJaftex Corporation Employee Stock Ownership PlanJaftex Corporation Employee …$17M
End-of-year total assets ($M) among Thermoanalytics, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Thermoanalytics, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Thermoanalytics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 15.079033435667846% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $17.9M $20.6M ▲ +15.1%
Year Plans Participants Total Assets
2022 1 61 $18M
2023 1 63 $17M
2024 1 25 $21M

Thermoanalytics, Inc. filing trail (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$17M
Net Income-$1M
Employer EIN383276438
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Thermoanalytics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Thermoanalytics, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.016539204 · Participants: 63Thermoanalytics, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Thermoanalytics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Thermoanalytics, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Bernards Holdings, Inc. Employee Stock Ownership Plan in CA ($17M); by covered participants it is The First National Bank Employee Stock Ownership Plan in IL (63 participants). Same-state nearby plans are listed separately above.

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 Thermoanalytics, Inc. Employee Stock Ownership Plan assets move in 2023?
Thermoanalytics, Inc. Employee Stock Ownership Plan pulled back noticeably - down 7.5% during 2023, from $18M to $17M. Reported net income was -$1M.
How have Thermoanalytics, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thermoanalytics, Inc.'s sponsor-wide assets grew 15.1%, from $18M to $21M.
Which ESOP plans are similar in size to Thermoanalytics, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Bernards Holdings, Inc. Employee Stock Ownership Plan in CA ($17M, 267 participants).
Which ESOP plans cover a similar participant headcount to Thermoanalytics, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is The First National Bank Employee Stock Ownership Plan in IL (63 participants, $355 in assets).