ESOP · DOL Form 5500 · 2023
Tech Met, Inc. ESOP
Data updated 2026-08-11
- $24M
- Total assets
- 51
- Participants
- 76th
- Percentile by assets
- $469,415
- Avg per participant
Official DOL plan name: Tech Met, Inc. Employee Stock Ownership Plan · Sponsored by Tech Met, Inc. · Pennsylvania · Manufacturing
$24M in assets, 51 participants
Tech Met, Inc.'s Tech Met, Inc. Employee Stock Ownership Plan reported $24M in total assets and 51 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.
- 76th percentile by assets (of 127,072 plans)
- #12,448 in Manufacturing (18,722 peers)
Where Tech Met, Inc. Employee Stock Ownership Plan sits by assets
Tech Met, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $24M for 51 participants (~$469,415/participant), up 34.6% in 2023.
- $24M
- total plan assets (2023 EOY)
- 51
- covered participants
- 76th
- percentile by assets (of 127,072 plans)
- $469,415
- avg assets per participant
Where Tech Met, Inc. Employee Stock Ownership Plan sits by total assets
Tech Met, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$23,940,188 Top 24% higher than 76% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Tech Met, Inc. Employee Stock Ownership Plan reported net income rose from $429K in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Tech Met, Inc. Employee Stock Ownership Plan end-of-year assets rose from $18M in the plan year 2022 filing to $24M in the plan year 2023 filing.
- Tech Met, Inc. Employee Stock Ownership Plan reported participants rose from 46 in the plan year 2022 filing to 51 in the plan year 2023 filing.
Tech Met, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution
By assets, Tech Met, Inc. Employee Stock Ownership Plan outranks 76% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $6M |
| Employer EIN | 251687776 |
| Plan Effective Date | 2013-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Tech Met, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 46 | $18M |
| 2023 | 1 | 51 | $24M |
| 2024 | 1 | 52 | $26M |
Nearby ESOP Plans in Pennsylvania
Peer ESOP plans, same state, same plan type, ranked by total assets.
Tech Met, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
- Wawa, Inc. Employee Stock Ownership Plan $5.3B · 42,695
- Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.6B · 342
- Centimark Corporation Employee Stock Ownership Plan and Trust $687M · 2,353
- Sheetz, Inc. Employee Stock Ownership Plan $686M · 13,858
- D & H Employee Stock Ownership Plan $289M · 1,461
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Tech Met, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Tech Met, Inc. Employee Stock Ownership …
Scale reading
Ways to act on Tech Met, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Tech Met, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
- Tech Met, Inc.'s sponsor-wide assets have grown 44.8% since 2022 across 3 plan years on file. More Manufacturing plans