ESOP · DOL Form 5500 · 2023

Vitec, Inc. ESOP

Data updated 2026-08-25

$499K
Total assets Small plan by assets
4
Participants Small participant base
18th
Percentile by assets National rank
$124,869
Avg per participant Near avg balance/head
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Official DOL plan name: Vitec, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Vitec, Inc. · Ohio · Manufacturing

$499K in assets, 4 participants

Vitec, Inc.'s Vitec, Inc. Employee Stock Ownership Plan and Trust reported $499K in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 18th 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.

  • #1,353 in Manufacturing (18,722 peers)

Vitec, Inc. multi-year trail

Vitec, Inc.'s plans moved +45.3% in assets from 2022 to 2024; this filing shows Vitec, Inc. Employee Stock Ownership Plan and Trust at $499K / 4 participants.

#1,353
in Manufacturing (18,722 peers)
+36.5%
assets growth YoY

Vitec, Inc. Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Vitec, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$499,476 18th percentile higher than 18% 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

Vitec, Inc. Employee Stock Ownership Plan and Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Vitec, Inc. Employee Stock Ownership Plan and Trust is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Vitec, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $366K in the plan year 2022 filing to $499K in the plan year 2023 filing.
  • Vitec, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 3 in the plan year 2022 filing to 4 in the plan year 2023 filing.
  • Vitec, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $187K in the plan year 2022 filing to $134K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 341563326 · Vitec, Inc. PY 2023 · ESOP

Vitec, Inc. Employee Stock Ownership Plan and Trust · $499K · 4 · 18th

  • EBSA $499K
  • EBSA 4
  • EBSA 18th
  • EBSA ESOP
  • EBSA near Gish, Sherwood & Friends, Inc. Employee Stock Ownership Plan
  • EBSA ind #1353

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 Ohio →

Vitec, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Vitec, Inc. Employee Stock Ownership Plan and TrustVitec, Inc. Employee Stock O…$499KGish, Sherwood & Friends, Inc. Employee Stock Ownership PlanGish, Sherwood & Friends, In…$500KGrassi Advisory Group Employee Stock Ownership PlanGrassi Advisory Group Employ…$500KGrassi Advisory Group Employee Stock Ownership PlanGrassi Advisory Group Employ…$500KMicroplastics, Inc. Employee Stock Ownership PlanMicroplastics, Inc. Employee…$498K
End-of-year total assets ($M) among Vitec, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Vitec, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Vitec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$532K 45.328556124010674% vs 2022
2024 filing year
$0.35M$0.4M$0.45M$0.5M$0.55M 202220232024 $0.37M $0.53M ▲ +43.2%
Year Plans Participants Total Assets
2022 1 3 $366K
2023 1 4 $499K
2024 1 4 $532K

Vitec, Inc. filing trail (2023)

Total Assets (Beginning of Year)$366K
Net Assets (End of Year)$499K
Net Income$134K
Employer EIN341563326
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Vitec, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Vitec, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.000499476 · Participants: 4Vitec, Inc. Employee Stock Ownership Plan and TrustProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Vitec, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Vitec, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Ohio, the nearest ESOP by assets is Gish, Sherwood & Friends, Inc. Employee Stock Ownership Plan in TN ($500K); by covered participants it is Martingale & Company Employee Stock Ownership Plan in WA (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 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 Vitec, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Vitec, Inc. Employee Stock Ownership Plan and Trust surged - up 36.5% during 2023, from $366K to $499K. Reported net income was $134K.
How have Vitec, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Vitec, Inc.'s sponsor-wide assets grew 45.3%, from $366K to $532K.
Where does Vitec, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Vitec, Inc. Employee Stock Ownership Plan and Trust ranks in the 18th 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 Vitec, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Gish, Sherwood & Friends, Inc. Employee Stock Ownership Plan in TN ($500K, 69 participants).
Which ESOP plans cover a similar participant headcount to Vitec, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Martingale & Company Employee Stock Ownership Plan in WA (4 participants, N/A 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 341563326.

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.