ESOP · DOL Form 5500 · 2023

Tormach Inc. ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
39
Participants Small participant base
59th
Percentile by assets National rank
$264,747
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tormach Employee Stock Ownership Plan · Sponsored by Tormach Inc. · Wisconsin · Manufacturing

$10M in assets, 39 participants

Tormach Inc.'s Tormach Employee Stock Ownership Plan reported $10M in total assets and 39 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.

  • #8,553 in Manufacturing (18,722 peers)

Tormach Inc. multi-year trail

Tormach Inc.'s plans moved -23.1% in assets from 2022 to 2024; this filing shows Tormach Employee Stock Ownership Plan at $10M / 39 participants.

#8,553
in Manufacturing (18,722 peers)
-8.3%
assets change YoY

The plan reported a net loss of $690K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tormach Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Tormach Employee Stock Ownership Plan vs every filed plan by assets

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

$10,325,117 Top 41% higher than 59% 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

Tormach 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. Tormach Employee Stock Ownership Plan is a small filing (39 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tormach Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2022 filing to -$690K in the plan year 2023 filing.
  • Tormach 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.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 472571333 · Tormach Inc. PY 2023 · ESOP

Tormach Employee Stock Ownership Plan · $10M · 39 · 59th

  • PHOTO $10M
  • IND 39
  • EOY 59th
  • 5500 ESOP
  • ASSETS near Oobe Holdings, Inc. Employee Stock Ownership Plan
  • PCT ind #8553

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 Wisconsin →

Tormach Employee Stock Ownership Plan in the asset neighbourhood

Jumbo Foods, Inc. Employee Stock Ownership PlanJumbo Foods, Inc. Employee S…$10MTormach Employee Stock Ownership PlanTormach Employee Stock Owner…$10MOobe Holdings, Inc. Employee Stock Ownership PlanOobe Holdings, Inc. Employee…$10MFirst State Bank of St. Charles Employee Stock Ownership PlanFirst State Bank of St. Char…$10MAlcoa Electrical Contractor, Inc. Employee Stock Ownership PlanAlcoa Electrical Contractor,…$10M
End-of-year total assets ($M) among Tormach Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Tormach Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Tormach Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 23.09982762436594% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $11.3M $8.66M ▼ -23.1%
Year Plans Participants Total Assets
2022 1 39 $11M
2023 1 39 $10M
2024 1 72 $9M

Tormach Inc. filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$3M
Net Income-$690K
Employer EIN472571333
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Wisconsin

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

Tormach Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants Tormach Employee Stock Ownership Plan, Total assets ($B): 0.010325117 · Participants: 39Tormach Employee Stock Ownership PlanSchreiber Foods, Inc. Employee Stock Ownership Plan, Total assets ($B): 3.551413763 · Participants: 6108Schreiber Foods, Inc. Employee Stock Ownership PlanWoodman's Employees' Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.700244908 · Participants: 2837Woodman's Employees' Profit Sharing and Stock Ownership PlanKi Employee Stock Ownership Plan, Total assets ($B): 0.511365241 · Participants: 1624Ki Employee Stock Ownership PlanTrachte Building Systems Employee Stock Ownership Plan, Total assets ($B): 0.331023295 · Participants: 228Trachte Building Systems Employee Stock Ownership PlanWausau Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.31506565 · Participants: 808Wausau Supply Company Employee Stock Ownership Plan
Tormach Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants
Compare Tormach Employee Stock Ownership Plan side-by-side with 3 peers →

Tormach Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Wisconsin, the nearest ESOP by assets is Oobe Holdings, Inc. Employee Stock Ownership Plan in SC ($10M); by covered participants it is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (39 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 Tormach Employee Stock Ownership Plan assets move in 2023? ▼
Tormach Employee Stock Ownership Plan pulled back noticeably - down 8.3% during 2023, from $11M to $10M. Reported net income was -$690K.
How have Tormach Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tormach Inc.'s sponsor-wide assets declined 23.1%, from $11M to $9M.
Which ESOP plans are similar in size to Tormach Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Oobe Holdings, Inc. Employee Stock Ownership Plan in SC ($10M, 39 participants).
Which ESOP plans cover a similar participant headcount to Tormach Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (39 participants, $29M 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 472571333.

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.