ESOP · DOL Form 5500 · 2023
Re/Spec Inc. ESOP
Data updated 2026-08-25
- $43M
- Total assets Below avg plan size
- 471
- Participants Below avg headcount
- 84th
- Percentile by assets National rank
- $91,526
- Avg per participant Below avg balance/head
Official DOL plan name: Re/Spec Inc. Employee Stock Ownership Plan · Sponsored by Re/Spec Inc. · South Dakota · Professional & Technical Services
$43M in assets, 471 participants
Re/Spec Inc.'s Re/Spec Inc. Employee Stock Ownership Plan reported $43M in total assets and 471 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.
- #17,261 in Professional & Technical Services (20,321 peers)
Where Re/Spec Inc. Employee Stock Ownership Plan sits by assets
Re/Spec Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $43M for 471 participants (~$91,526/participant), up 9.7% in 2023.
- #17,261
- in Professional & Technical Services (20,321 peers)
- +9.7%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Re/Spec Inc. Employee Stock Ownership Plan's outsized position by total assets
Re/Spec Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$43,108,665 Top 16% higher than 84% 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
Re/Spec 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. Re/Spec Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (471 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Re/Spec Inc. Employee Stock Ownership Plan reported net income rose from -$319K in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Re/Spec Inc. Employee Stock Ownership Plan end-of-year assets rose from $39M in the plan year 2022 filing to $43M in the plan year 2023 filing.
- Re/Spec Inc. Employee Stock Ownership Plan reported participants fell from 516 in the plan year 2022 filing to 471 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 460315848 · Re/Spec Inc. PY 2023 · ESOP
Re/Spec Inc. Employee Stock Ownership Plan · $43M · 471 · 84th
- 5500 $43M
- 5500 471
- 5500 84th
- 5500 ESOP
- 5500 near Sechan Electronics, Inc. Employee Stock Ownership Plan
- 5500 ind #17261
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 South Dakota →
Re/Spec Inc. Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $39M |
|---|---|
| Net Assets (End of Year) | $43M |
| Net Income | $4M |
| Employer EIN | 460315848 |
| Plan Effective Date | 1991-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Re/Spec Inc.)
Sponsor-wide plan assets over time
All Re/Spec Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $112M 26.20228073330945% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 969 | $89M |
| 2023 | 2 | 952 | $103M |
| 2024 | 2 | 991 | $112M |
Nearby ESOP Plans in South Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Showplace Wood Products, Inc. Employee Stock Ownership Plan $99M · 506
- Fishback Financial Corporation Employee Stock Ownership Plan $52M · 713
- Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $44M · 83
- The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $39M · 112
- Vps Employee Stock Ownership Plan $27M · 340
Re/Spec Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside South Dakota, the nearest ESOP by assets is Sechan Electronics, Inc. Employee Stock Ownership Plan in PA ($43M); by covered participants it is Community Bankshares, Inc. Employee Stock Ownership and Trust in GA (471 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($43M here).
- Sechan Electronics, Inc. Employee Stock Ownership Plan (PA) $43M · 271
- Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust (MN) $43M · 109
- Abbey Paving and Sealcoating Co. Employee Stock Ownership Plan (IL) $43M · 155
- Zink Foodservice Group, Inc. Employee Stock Ownership Plan and Trust (OH) $43M · 83
Similar participant headcount
Nearest other-state filings by covered participants (471 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.