ESOP · DOL Form 5500 · 2023

Sectek, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
512
Participants Below avg headcount
24th
Percentile by assets National rank
$2,053
Avg per participant Low balance/head
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Official DOL plan name: Sectek, Inc. Employee Stock Ownership Plan · Sponsored by Sectek, Inc. · Virginia · Professional & Technical Services

$1M in assets, 512 participants

Sectek, Inc.'s Sectek, Inc. Employee Stock Ownership Plan reported $1M in total assets and 512 participants in its 2023 DOL Form 5500 filing, ranking in the 24th 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.

  • #3,930 in Professional & Technical Services (20,321 peers)

Sectek, Inc. multi-year trail

Sectek, Inc.'s plans moved +13.3% in assets from 2022 to 2024; this filing shows Sectek, Inc. Employee Stock Ownership Plan at $1M / 512 participants.

#3,930
in Professional & Technical Services (20,321 peers)
+0.0%
assets growth YoY

Sectek, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

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

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

$1,051,296 24th percentile higher than 24% 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

Sectek, 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. Sectek, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (512 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sectek, Inc. Employee Stock Ownership Plan reported net income fell from $4K in the plan year 2022 filing to $550 in the plan year 2023 filing.
  • Sectek, Inc. Employee Stock Ownership Plan reported participants fell from 717 in the plan year 2022 filing to 512 in the plan year 2023 filing.
  • Sectek, Inc. Employee Stock Ownership Plan end-of-year assets rose from $935K in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 341726791 · Sectek, Inc. PY 2023 · ESOP

Sectek, Inc. Employee Stock Ownership Plan · $1M · 512 · 24th

  • IND $1M
  • IND 512
  • IND 24th
  • IND ESOP
  • IND near Bc Construction Group, Inc. Employee Stock Ownership Plan
  • IND ind #3930

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 Virginia →

Sectek, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Sectek, Inc. Employee Stock Ownership PlanSectek, Inc. Employee Stock …$1MBc Construction Group, Inc. Employee Stock Ownership PlanBc Construction Group, Inc. …$1MWilson Iron Works Employee Stock Ownership PlanWilson Iron Works Employee S…$1MMeridian Pacific Holding Company Employee Stock Ownership PlanMeridian Pacific Holding Com…$1MIncom Mechanical Inc. Employee Stock Ownership Plan and TrustIncom Mechanical Inc. Employ…$1M
End-of-year total assets ($M) among Sectek, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Sectek, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Sectek, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 13.33358862636934% vs 2022
2024 filing year
$4.8M$5M$5.2M$5.4M$5.6M$5.8M 202220232024 $4.91M $5.56M ▲ +13.2%
Year Plans Participants Total Assets
2022 2 1,085 $5M
2023 2 1,122 $5M
2024 2 1,138 $6M

Sectek, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$550
Employer EIN341726791
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Sectek, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -0.500.511.5 Total assets ($B) Participants Sectek, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.001051296 · Participants: 512Sectek, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Sectek, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Sectek, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest ESOP by assets is Bc Construction Group, Inc. Employee Stock Ownership Plan in MI ($1M); by covered participants it is Dudek Employee Stock Ownership Plan in CA (513 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (512 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 Sectek, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Sectek, Inc. Employee Stock Ownership Plan held essentially flat - up 0.0% during 2023, from $1M to $1M. Reported net income was $550.
How have Sectek, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sectek, Inc.'s sponsor-wide assets grew 13.3%, from $5M to $6M.
Where does Sectek, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Sectek, Inc. Employee Stock Ownership Plan ranks in the 24th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Sectek, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Bc Construction Group, Inc. Employee Stock Ownership Plan in MI ($1M, 54 participants).
Which ESOP plans cover a similar participant headcount to Sectek, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Dudek Employee Stock Ownership Plan in CA (513 participants, $43M 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 341726791.

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.