ESOP · DOL Form 5500 · 2023

Tech Met, Inc. ESOP

Data updated 2026-08-25

$24M
Total assets Small plan by assets
51
Participants Small participant base
76th
Percentile by assets National rank
$469,415
Avg per participant High balance/head
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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.

  • #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.

#12,448
in Manufacturing (18,722 peers)
+34.6%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Tech Met, Inc. Employee Stock Ownership Plan's outsized position 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

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

Tech Met, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tech Met, Inc. Employee Stock Ownership Plan is a small filing (51 participants) on this national headcount ladder.

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 251687776 · Tech Met, Inc. PY 2023 · ESOP

Tech Met, Inc. Employee Stock Ownership Plan · $24M · 51 · 76th

  • PCT $24M
  • PCT 51
  • PCT 76th
  • PCT ESOP
  • PCT near Dorsett Industries Employee Stock Ownership Plan
  • PCT ind #12448

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 Pennsylvania →

Tech Met, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Larusso Concrete, Inc Employee Stock Ownership Plan and TrustLarusso Concrete, Inc Employ…$24MTech Met, Inc. Employee Stock Ownership PlanTech Met, Inc. Employee Stoc…$24MDorsett Industries Employee Stock Ownership PlanDorsett Industries Employee …$24MKline Electric, Inc. Employee Stock Ownership PlanKline Electric, Inc. Employe…$24MBayview Services Group Employee Stock Ownership PlanBayview Services Group Emplo…$24M
End-of-year total assets ($M) among Tech Met, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
Net Income$6M
Employer EIN251687776
Plan Effective Date2013-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tech Met, Inc.)

Sponsor-wide plan assets over time

All Tech Met, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 44.797875479492475% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.8M $25.8M ▲ +44.8%
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 Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Tech Met, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.023940188 · Participants: 51Tech Met, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.338226537 · Participants: 42695Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.558044827 · Participants: 342Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.686501046 · Participants: 2353Centimark Corporation Employee Stock Ownership Plan and TrustSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.686202616 · Participants: 13858Sheetz, Inc. Employee Stock Ownership PlanD & H Employee Stock Ownership Plan, Total assets ($B): 0.288933356 · Participants: 1461D & H Employee Stock Ownership Plan
Tech Met, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Tech Met, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Dorsett Industries Employee Stock Ownership Plan in GA ($24M); by covered participants it is Osb Community Bank Employee Stock Ownership Plan in IL (51 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (51 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 Tech Met, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Tech Met, Inc. Employee Stock Ownership Plan surged - up 34.6% during 2023, from $18M to $24M. Reported net income was $6M.
How have Tech Met, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tech Met, Inc.'s sponsor-wide assets grew 44.8%, from $18M to $26M.
Where does Tech Met, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Tech Met, 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 Tech Met, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Dorsett Industries Employee Stock Ownership Plan in GA ($24M, 113 participants).
Which ESOP plans cover a similar participant headcount to Tech Met, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Osb Community Bank Employee Stock Ownership Plan in IL (51 participants, $3M 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 251687776.

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.