ESOP · DOL Form 5500 · 2023

TEC-CORP ESOP

Data updated 2026-08-25

$8M
Total assets Small plan by assets
N/A
Participants Small participant base
54th
Percentile by assets National rank
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Official DOL plan name: Thompson Solutions Group Employee Stock Ownership Plan · Sponsored by TEC-CORP · Iowa · Construction

$8M in assets, N/A participants

TEC-CORP's Thompson Solutions Group Employee Stock Ownership Plan reported $8M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #4,713 in Construction (9,030 peers)

TEC-CORP multi-year trail

TEC-CORP's plans moved +212.3% in assets from 2022 to 2024; this filing shows Thompson Solutions Group Employee Stock Ownership Plan at $8M / N/A participants.

#4,713
in Construction (9,030 peers)
-$661K
reported net income

The plan reported a net loss of $661K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thompson Solutions Group Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Thompson Solutions Group Employee Stock Ownership Plan vs every filed plan by assets

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

$7,999,754 Top 46% higher than 54% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

DOL schedule card

Filing strip 421011760 · TEC-CORP PY 2023 · ESOP

Thompson Solutions Group Employee Stock Ownership Plan · $8M · N/A · 54th

  • VS-ST $8M
  • VS-ST N/A
  • VS-ST 54th
  • VS-ST ESOP
  • VS-ST near Ginos Distributing, Inc. Employee Stock Ownership Plan
  • VS-ST ind #4713

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 Iowa →

Thompson Solutions Group Employee Stock Ownership Plan in the asset neighbourhood

Evergreene Architectural Arts, Inc. Employee Stock Ownership PlanEvergreene Architectural Art…$8MSpeech and Language Pathology Associates, Inc. Employee Stock Ownership PlanSpeech and Language Patholog…$8MPasco Specialty & Manufacturing, Inc. Employee Stock Ownership PlanPasco Specialty & Manufactur…$8MThompson Solutions Group Employee Stock Ownership PlanThompson Solutions Group Emp…$8MGinos Distributing, Inc. Employee Stock Ownership PlanGinos Distributing, Inc. Emp…$8M
End-of-year total assets ($M) among Thompson Solutions Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

TEC-CORP multi-year asset trail

Sponsor-wide plan assets over time

All TEC-CORP plans reported in each filing year

Latest sponsor-wide plan assets
$33M 212.2673153165018% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $10.5M $32.8M ▲ +212.3%
Year Plans Participants Total Assets
2022 1 102 $11M
2023 2 123 $21M
2024 2 294 $33M

TEC-CORP filing trail (2023)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$661K
Net Income-$661K
Employer EIN421011760
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

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

Thompson Solutions Group Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -500050010001500 -20002004006008001000 Total assets ($M) Participants Thompson Solutions Group Employee Stock Ownership Plan, Total assets ($M): 7.999754 · Participants: 0Thompson Solutions Group Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Employee Stock Ownership Plan
Thompson Solutions Group Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants

Thompson Solutions Group Employee Stock Ownership Plan's closest out-of-state ESOP peers by assets

Outside Iowa, the nearest ESOP by end-of-year assets is Ginos Distributing, Inc. Employee Stock Ownership Plan in WV at $8M (this filing: $8M).

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 have TEC-CORP plan assets changed over time?
Across 3 plan years on file (2022-2024), TEC-CORP's sponsor-wide assets grew 212.3%, from $11M to $33M.
Which ESOP plans are similar in size to Thompson Solutions Group Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ginos Distributing, Inc. Employee Stock Ownership Plan in WV ($8M, 280 participants).