ESOP · DOL Form 5500 · 2023

Techline, Inc. ESOP

Data updated 2026-08-11

$157M
Total assets
226
Participants
94th
Percentile by assets
$695,575
Avg per participant
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Official DOL plan name: Gridiron Employee Stock Ownership Plan · Sponsored by Techline, Inc. · Texas · Manufacturing

$157M in assets, 226 participants

Techline, Inc.'s Gridiron Employee Stock Ownership Plan reported $157M in total assets and 226 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #16,928 in Manufacturing (18,722 peers)

Coverage in Texas

Gridiron Employee Stock Ownership Plan covers 226 participants in Texas, about 33% of the average Texas filer (state average ~688 per filing). Assets: $157M.

$157M
total plan assets (2023 EOY)
226
covered participants
94th
percentile by assets (of 127,072 plans)
$695,575
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gridiron Employee Stock Ownership Plan reported net income rose from $17M in the plan year 2022 filing to $125M in the plan year 2023 filing.
  • Gridiron Employee Stock Ownership Plan end-of-year assets rose from $35M in the plan year 2022 filing to $157M in the plan year 2023 filing.
  • Gridiron Employee Stock Ownership Plan reported participants rose from 208 in the plan year 2022 filing to 226 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Gridiron Employee Stock Ownership Plan reports 226 participants - about 33% of that state average ($157M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$142M
Net Income$125M
Employer EIN742480247
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Techline, Inc.)

$0M$100M$200M$300M 202220232024 $55.7M $259M ▲ +364.5%
Total plan assets by year, all Techline, Inc. plans on file
Year Plans Participants Total Assets
2022 2 476 $56M
2023 2 514 $182M
2024 2 535 $259M

Nearby ESOP Plans in Texas

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

Gridiron Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Gridiron Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -50510152025 Total assets ($B) Participants Gridiron Employee St…Sammons Enterprises,…Highland Homes Emplo…Austin Industries Em…Cactus Feeders, Inc.…Lja Engineering, Inc…
Gridiron Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Gridiron Employee Stock Ownership Plan assets move in 2023?
Gridiron Employee Stock Ownership Plan surged - up 354.3% during 2023, from $35M to $157M. Reported net income was $125M.
How have Techline, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Techline, Inc.'s sponsor-wide assets grew 364.6%, from $56M to $259M.
Where does Gridiron Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Gridiron Employee Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Gridiron Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ulteig, Inc. Employee Stock Ownership Plan in ND ($159M, 901 participants).

Next read for Gridiron Employee Stock Ownership Plan

Filing takeaways

Ways to act on Gridiron Employee Stock Ownership Plan's numbers.