ESOP · DOL Form 5500 · 2023

Beta Group Inc. ESOP

Data updated 2026-08-11

$23M
Total assets
162
Participants
75th
Percentile by assets
$144,002
Avg per participant
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Official DOL plan name: Beta Group, Inc. Employee Stock Ownership Plan · Sponsored by Beta Group Inc. · Rhode Island · Professional & Technical Services

$23M in assets, 162 participants

Beta Group Inc.'s Beta Group, Inc. Employee Stock Ownership Plan reported $23M in total assets and 162 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 127,072 plans)
  • #15,355 in Professional & Technical Services (20,321 peers)

Coverage in Rhode Island

Beta Group, Inc. Employee Stock Ownership Plan covers 162 participants in Rhode Island, about 11% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $23M.

$23M
total plan assets (2023 EOY)
162
covered participants
75th
percentile by assets (of 127,072 plans)
$144,002
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beta Group, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Beta Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $18M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Beta Group, Inc. Employee Stock Ownership Plan reported participants fell from 166 in the plan year 2022 filing to 162 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,449 participants across 434 plans. Beta Group, Inc. Employee Stock Ownership Plan reports 162 participants - about 11% of that state average ($23M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$5M
Employer EIN050398907
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beta Group Inc.)

$40M$50M$60M$70M$80M 202220232024 $49.9M $72.3M ▲ +44.9%
Total plan assets by year, all Beta Group Inc. plans on file
Year Plans Participants Total Assets
2022 2 323 $50M
2023 2 320 $62M
2024 2 343 $72M

Nearby ESOP Plans in Rhode Island

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

Beta Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Rhode Island, assets vs. participants

Beta Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Beta Group, Inc. Emp…The Bank of America …Century Drywall, Inc…Thielsch Engineering…Newport Harbor Corpo…Marine Acoustics, In…
Beta Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Rhode Island, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Beta Group, Inc. Employee Stock Ownership Plan assets move in 2023?
Beta Group, Inc. Employee Stock Ownership Plan grew sharply - up 28.8% during 2023, from $18M to $23M. Reported net income was $5M.
How have Beta Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Beta Group Inc.'s sponsor-wide assets grew 44.9%, from $50M to $72M.
Where does Beta Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Beta Group, Inc. Employee Stock Ownership Plan ranks in the 75th 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 Beta Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Integrated Technologies Group, Inc. Employee Stock Ownership Plan in CA ($23M, 96 participants).

Next read for Beta Group, Inc. Employee Stock Ownershi…

Filing takeaways

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