ESOP · DOL Form 5500 · 2023

Decibel Research, Inc. ESOP

Data updated 2026-08-25

$24M
Total assets Small plan by assets
126
Participants Small participant base
76th
Percentile by assets National rank
$191,589
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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

$24M in assets, 126 participants

Decibel Research, Inc.'s Decibel Research, Inc. Employee Stock Ownership Plan reported $24M in total assets and 126 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #15,483 in Professional & Technical Services (20,321 peers)

Coverage in Alabama

Decibel Research, Inc. Employee Stock Ownership Plan covers 126 participants in Alabama, about 35% of the average Alabama filer (state average ~360 per filing). Assets: $24M.

#15,483
in Professional & Technical Services (20,321 peers)
+21.4%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Decibel Research, Inc. Employee Stock Ownership Plan's outsized position by total assets

Decibel Research, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$24,140,193 Top 24% higher than 76% 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

Decibel Research, 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. Decibel Research, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Decibel Research, Inc. Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Decibel Research, Inc. Employee Stock Ownership Plan reported participants rose from 103 in the plan year 2022 filing to 126 in the plan year 2023 filing.
  • Decibel Research, Inc. Employee Stock Ownership Plan end-of-year assets rose from $20M in the plan year 2022 filing to $24M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 421551697 · Decibel Research, Inc. PY 2023 · ESOP

Decibel Research, Inc. Employee Stock Ownership Plan · $24M · 126 · 76th

  • RANK $24M
  • PHOTO 126
  • IND 76th
  • EOY ESOP
  • 5500 near Wholesale Electric Supply Company Inc. Employee Stock Ownership Plan
  • ASSETS ind #15483

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 →

Decibel Research, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ahc Employee Stock Ownership PlanAhc Employee Stock Ownership…$24MNortheast Community Bank Employee Stock Ownership PlanNortheast Community Bank Emp…$24MDecibel Research, Inc. Employee Stock Ownership PlanDecibel Research, Inc. Emplo…$24MWholesale Electric Supply Company Inc. Employee Stock Ownership PlanWholesale Electric Supply Co…$24MEwing-Foley, Inc. Employee Stock Ownership PlanEwing-Foley, Inc. Employee S…$24M
End-of-year total assets ($M) among Decibel Research, 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)$20M
Net Assets (End of Year)$779K
Net Income$5M
Employer EIN421551697
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Decibel Research, Inc.)

Sponsor-wide plan assets over time

All Decibel Research, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$66M 33.88683620143444% vs 2022
2024 filing year
$45M$50M$55M$60M$65M$70M 202220232024 $49.1M $65.7M ▲ +33.9%
Year Plans Participants Total Assets
2022 2 248 $49M
2023 2 279 $60M
2024 2 284 $66M

Nearby ESOP Plans in Alabama

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

Decibel Research, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500 0100200300400500 Total assets ($M) Participants Decibel Research, Inc. Employee Stock Ownership Plan, Total assets ($M): 24.140193 · Participants: 126Decibel Research, 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 PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 168.105591 · Participants: 874Radiance Technologies, Inc. Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($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 Sub
Decibel Research, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare Decibel Research, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest ESOP by assets is Wholesale Electric Supply Company Inc. Employee Stock Ownership Plan in TX ($24M); by covered participants it is Pdm Employee Stock Ownership Plan in IA (126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (126 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 Decibel Research, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Decibel Research, Inc. Employee Stock Ownership Plan grew sharply - up 21.4% during 2023, from $20M to $24M. Reported net income was $5M.
How have Decibel Research, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Decibel Research, Inc.'s sponsor-wide assets grew 33.9%, from $49M to $66M.
Where does Decibel Research, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Decibel Research, Inc. Employee Stock Ownership Plan ranks in the 76th 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 Decibel Research, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wholesale Electric Supply Company Inc. Employee Stock Ownership Plan in TX ($24M, 463 participants).
Which ESOP plans cover a similar participant headcount to Decibel Research, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pdm Employee Stock Ownership Plan in IA (126 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 421551697.

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.