ESOP · DOL Form 5500 · 2023

Radiance Technologies, Inc. ESOP

Data updated 2026-08-25

$168M
Total assets Near avg plan size
874
Participants Near avg headcount
94th
Percentile by assets National rank
$192,340
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Radiance Technologies, Inc. Employee Stock Ownership Plan · Sponsored by Radiance Technologies, Inc. · Alabama · Professional & Technical Services

$168M in assets, 874 participants

Radiance Technologies, Inc.'s Radiance Technologies, Inc. Employee Stock Ownership Plan reported $168M in total assets and 874 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #19,352 in Professional & Technical Services (20,321 peers)

Coverage in Alabama

Radiance Technologies, Inc. Employee Stock Ownership Plan covers 874 participants in Alabama, 2.4x the typical Alabama plan (state average ~360 per filing). Assets: $168M.

#19,352
in Professional & Technical Services (20,321 peers)
+40.0%
assets growth YoY
1.7×
vs typical plan assets (national mean)

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

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

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

$168,105,591 Top 6% higher than 94% 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

Radiance Technologies, Inc. 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. Radiance Technologies, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (874 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Radiance Technologies, Inc. Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2022 filing to $49M in the plan year 2023 filing.
  • Radiance Technologies, Inc. Employee Stock Ownership Plan end-of-year assets rose from $120M in the plan year 2022 filing to $168M in the plan year 2023 filing.
  • Radiance Technologies, Inc. Employee Stock Ownership Plan reported participants rose from 853 in the plan year 2022 filing to 874 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 631204084 · Radiance Technologies, Inc. PY 2023 · ESOP

Radiance Technologies, Inc. Employee Stock Ownership Plan · $168M · 874 · 94th

  • RANK $168M
  • PHOTO 874
  • IND 94th
  • EOY ESOP
  • 5500 near Key Knife, Inc. Employee Stock Ownership Plan
  • ASSETS ind #19352

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 Alabama →

Radiance Technologies, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Mario Sinacola and Sons Excavating, Inc. Employee Stock Ownership PlanMario Sinacola and Sons Exca…$169MCci Systems, Inc. Employee Stock Ownership PlanCci Systems, Inc. Employee S…$169MKey Knife, Inc. Employee Stock Ownership PlanKey Knife, Inc. Employee Sto…$168MRadiance Technologies, Inc. Employee Stock Ownership PlanRadiance Technologies, Inc. …$168MWilson Electric Services Corp. Employee Stock Ownership PlanWilson Electric Services Cor…$167M
End-of-year total assets ($M) among Radiance Technologies, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$120M
Net Assets (End of Year)$168M
Net Income$49M
Employer EIN631204084
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Radiance Technologies, Inc.)

Sponsor-wide plan assets over time

All Radiance Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$365M 53.96351641222845% vs 2022
2024 filing year
$200M$250M$300M$350M$400M 202220232024 $237M $365M ▲ +54.0%
Year Plans Participants Total Assets
2022 2 1,803 $237M
2023 2 1,875 $316M
2024 2 2,078 $365M

Nearby ESOP Plans in Alabama

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

Radiance Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500 0100200300400500 Total assets ($M) Participants Radiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 168.105591 · Participants: 874Radiance Technologies, Inc. Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 470.48798 · Participants: 1360Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 196.496733 · Participants: 287Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 167.814551 · Participants: 123Signature Homes Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub, Total assets ($M): 126.850762 · Participants: 909Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and SubPinnacle Solutions, Inc. Employee Stock Ownership Plan, Total assets ($M): 106.683277 · Participants: 293Pinnacle Solutions, Inc. Employee Stock Ownership Plan
Radiance Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare Radiance Technologies, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest ESOP by assets is Key Knife, Inc. Employee Stock Ownership Plan in OR ($168M); by covered participants it is Pride Mobility Employee Stock Ownership Retirement Plan in PA (873 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (874 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 Radiance Technologies, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Radiance Technologies, Inc. Employee Stock Ownership Plan surged - up 40.0% during 2023, from $120M to $168M. Reported net income was $49M.
How have Radiance Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Radiance Technologies, Inc.'s sponsor-wide assets grew 54.0%, from $237M to $365M.
Where does Radiance Technologies, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Radiance Technologies, Inc. Employee Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Radiance Technologies, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Key Knife, Inc. Employee Stock Ownership Plan in OR ($168M, 69 participants).
Which ESOP plans cover a similar participant headcount to Radiance Technologies, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pride Mobility Employee Stock Ownership Retirement Plan in PA (873 participants, $25M 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 631204084.

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.