ESOP · DOL Form 5500 · 2023

Valsource, Inc. ESOP

Data updated 2026-08-11

$51M
Total assets
186
Participants
86th
Percentile by assets
$275,343
Avg per participant
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Official DOL plan name: Valsource, Inc. Employee Stock Ownership Plan · Sponsored by Valsource, Inc. · Pennsylvania · Professional & Technical Services

$51M in assets, 186 participants

Valsource, Inc.'s Valsource, Inc. Employee Stock Ownership Plan reported $51M in total assets and 186 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 127,072 plans)
  • #17,649 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Valsource, Inc. Employee Stock Ownership Plan covers 186 participants in Pennsylvania, about 23% of the average Pennsylvania filer (state average ~822 per filing). Assets: $51M.

$51M
total plan assets (2023 EOY)
186
covered participants
86th
percentile by assets (of 127,072 plans)
$275,343
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Valsource, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Valsource, Inc. Employee Stock Ownership Plan end-of-year assets rose from $41M in the plan year 2022 filing to $51M in the plan year 2023 filing.
  • Valsource, Inc. Employee Stock Ownership Plan reported participants fell from 215 in the plan year 2022 filing to 186 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Valsource, Inc. Employee Stock Ownership Plan reports 186 participants - about 23% of that state average ($51M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$29M
Net Income$11M
Employer EIN232855010
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valsource, Inc.)

$60M$70M$80M$90M$100M 202220232024 $71.8M $90.4M ▲ +26.0%
Total plan assets by year, all Valsource, Inc. plans on file
Year Plans Participants Total Assets
2022 2 418 $72M
2023 2 386 $89M
2024 2 431 $90M

Nearby ESOP Plans in Pennsylvania

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

Valsource, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Valsource, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Valsource, Inc. Empl…Wawa, Inc. Employee …Bradford White Corpo…Centimark Corporatio…Sheetz, Inc. Employe…D & H Employee Stock…
Valsource, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Valsource, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Valsource, Inc. Employee Stock Ownership Plan assets move in 2023?
Valsource, Inc. Employee Stock Ownership Plan grew sharply - up 24.2% during 2023, from $41M to $51M. Reported net income was $11M.
How have Valsource, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Valsource, Inc.'s sponsor-wide assets grew 26.0%, from $72M to $90M.
Where does Valsource, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Valsource, Inc. Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Valsource, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Hamilton Point Investments ESOP in CT ($51M, 95 participants).

Next read for Valsource, Inc. Employee Stock Ownership…

Filing takeaways

Ways to act on Valsource, Inc. Employee Stock Ownership Plan's numbers.