ESOP · DOL Form 5500 · 2023

Palmetto Engineering and Consulting, LLC ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
146
Participants Small participant base
29th
Percentile by assets National rank
$11,801
Avg per participant Low balance/head
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Official DOL plan name: Palmetto Engineering Employee Stock Ownership Plan · Sponsored by Palmetto Engineering and Consulting, LLC · South Carolina · Professional & Technical Services

$2M in assets, 146 participants

Palmetto Engineering and Consulting, LLC's Palmetto Engineering Employee Stock Ownership Plan reported $2M in total assets and 146 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • #4,955 in Professional & Technical Services (20,321 peers)

Coverage in South Carolina

Palmetto Engineering Employee Stock Ownership Plan covers 146 participants in South Carolina, about 40% of the average South Carolina filer (state average ~369 per filing). Assets: $2M.

#4,955
in Professional & Technical Services (20,321 peers)
+6.6%
assets growth YoY

Palmetto Engineering Employee Stock Ownership Plan among the smaller filed plans by assets

Palmetto Engineering Employee Stock Ownership Plan vs every filed plan by assets

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

$1,723,000 29th percentile higher than 29% 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

Palmetto Engineering Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palmetto Engineering Employee Stock Ownership Plan sits mid-pack in the medium band (146 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Palmetto Engineering Employee Stock Ownership Plan reported net income rose from -$28M in the plan year 2022 filing to $412K in the plan year 2023 filing.
  • Palmetto Engineering Employee Stock Ownership Plan reported participants rose from 130 in the plan year 2022 filing to 146 in the plan year 2023 filing.
  • Palmetto Engineering Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 920630606 · Palmetto Engineering and Consulting, LLC PY 2023 · ESOP

Palmetto Engineering Employee Stock Ownership Plan · $2M · 146 · 29th

  • BOY $2M
  • SCH 146
  • EBSA 29th
  • PART ESOP
  • TYPE near Management and Engineering Technologies International, Inc. Employee Stock Ownership Plan
  • NET ind #4955

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 South Carolina →

Palmetto Engineering Employee Stock Ownership Plan in the asset neighbourhood

Palmetto Engineering Employee Stock Ownership PlanPalmetto Engineering Employe…$2MManagement and Engineering Technologies International, Inc. Employee Stock Ownership PlanManagement and Engineering T…$2MFreedman & Goldberg PC Employee Stock Ownership PlanFreedman & Goldberg PC Emplo…$2MPennterra Engineering, Inc. Employee Stock Ownership PlanPennterra Engineering, Inc. …$2MIea, Inc. Employee Stock Ownership PlanIea, Inc. Employee Stock Own…$2M
End-of-year total assets ($M) among Palmetto Engineering Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$28M
Net Income$412K
Employer EIN920630606
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmetto Engineering and Consulting, LLC)

Sponsor-wide plan assets over time

All Palmetto Engineering and Consulting, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2M 6.55534941249227% vs 2022
2023 filing year
$1.6M$1.65M$1.7M$1.75M 20222023 $1.62M $1.72M ▲ +6.2%
Year Plans Participants Total Assets
2022 1 130 $2M
2023 1 146 $2M

Nearby ESOP Plans in South Carolina

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

Palmetto Engineering Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 0100200300400 -20020406080 Total assets ($M) Participants Palmetto Engineering Employee Stock Ownership Plan, Total assets ($M): 1.723 · Participants: 146Palmetto Engineering Employee Stock Ownership PlanBonitz, Inc. Employee Stock Ownership Plan, Total assets ($M): 61.605843 · Participants: 342Bonitz, Inc. Employee Stock Ownership PlanAl's Liquor Store Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 23.274312 · Participants: 50Al's Liquor Store Holdings, Inc. Employee Stock Ownership PlanSynergi Employee Stock Ownership Plan, Total assets ($M): 21.055349 · Participants: 263Synergi Employee Stock Ownership PlanDwg, Inc. Consulting Engineers Employee Stock Ownership Plan, Total assets ($M): 14.105882 · Participants: 25Dwg, Inc. Consulting Engineers Employee Stock Ownership PlanLife Cycle Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 13.852826 · Participants: 367Life Cycle Engineering, Inc. Employee Stock Ownership Plan
Palmetto Engineering Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants
Compare Palmetto Engineering Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside South Carolina, the nearest ESOP by assets is Management and Engineering Technologies International, Inc. Employee Stock Ownership Plan in TX ($2M); by covered participants it is Island Kinetics, Inc. Employee Stock Ownership Plan in AZ (146 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (146 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 Palmetto Engineering Employee Stock Ownership Plan assets move in 2023? ▼
Palmetto Engineering Employee Stock Ownership Plan grew at a solid clip - up 6.6% during 2023, from $2M to $2M. Reported net income was $412K.
How have Palmetto Engineering and Consulting, LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Palmetto Engineering and Consulting, LLC's sponsor-wide assets grew 6.6%, from $2M to $2M.
Which ESOP plans are similar in size to Palmetto Engineering Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Management and Engineering Technologies International, Inc. Employee Stock Ownership Plan in TX ($2M, 114 participants).
Which ESOP plans cover a similar participant headcount to Palmetto Engineering Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Island Kinetics, Inc. Employee Stock Ownership Plan in AZ (146 participants, $26M 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 920630606.

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.