ESOP · DOL Form 5500 · 2023

Sechan Electronics, Inc. ESOP

Data updated 2026-08-25

$43M
Total assets Below avg plan size
271
Participants Below avg headcount
84th
Percentile by assets National rank
$159,050
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sechan Electronics, Inc. Employee Stock Ownership Plan · Sponsored by Sechan Electronics, Inc. · Pennsylvania · Manufacturing

$43M in assets, 271 participants

Sechan Electronics, Inc.'s Sechan Electronics, Inc. Employee Stock Ownership Plan reported $43M in total assets and 271 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.

  • #14,415 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Sechan Electronics, Inc. Employee Stock Ownership Plan covers 271 participants in Pennsylvania, about 33% of the average Pennsylvania filer (state average ~822 per filing). Assets: $43M.

#14,415
in Manufacturing (18,722 peers)
+11.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sechan Electronics, Inc. Employee Stock Ownership Plan's outsized position by total assets

Sechan Electronics, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$43,102,447 Top 16% higher than 84% 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

Sechan Electronics, 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. Sechan Electronics, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (271 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sechan Electronics, Inc. Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Sechan Electronics, 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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 232336672 · Sechan Electronics, Inc. PY 2023 · ESOP

Sechan Electronics, Inc. Employee Stock Ownership Plan · $43M · 271 · 84th

  • IND $43M
  • IND 271
  • IND 84th
  • IND ESOP
  • IND near Re/Spec Inc. Employee Stock Ownership Plan
  • IND ind #14415

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 →

Sechan Electronics, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Zink Foodservice Group, Inc. Employee Stock Ownership Plan and TrustZink Foodservice Group, Inc.…$43MAbbey Paving and Sealcoating Co. Employee Stock Ownership PlanAbbey Paving and Sealcoating…$43MRe/Spec Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock …$43MSechan Electronics, Inc. Employee Stock Ownership PlanSechan Electronics, Inc. Emp…$43MAdvanced Process Technologies, Inc. Employee Stock Ownership Plan and TrustAdvanced Process Technologie…$43M
End-of-year total assets ($M) among Sechan Electronics, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$43M
Net Income$5M
Employer EIN232336672
Plan Effective Date1988-10-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Sechan Electronics, Inc.)

Sponsor-wide plan assets over time

All Sechan Electronics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$66M 11.12890401047487% vs 2022
2024 filing year
$58M$60M$62M$64M$66M$68M 202220232024 $59.3M $65.9M ▲ +11.1%
Year Plans Participants Total Assets
2022 2 600 $59M
2023 2 560 $64M
2024 2 554 $66M

Nearby ESOP Plans in Pennsylvania

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

Sechan Electronics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Sechan Electronics, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.043102447 · Participants: 271Sechan Electronics, 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
Sechan Electronics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Sechan Electronics, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Re/Spec Inc. Employee Stock Ownership Plan in SD ($43M); by covered participants it is Sb Financial Group Employee Stock Ownership Plan in OH (271 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (271 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 Sechan Electronics, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Sechan Electronics, Inc. Employee Stock Ownership Plan grew at a solid clip - up 11.9% during 2023, from $39M to $43M. Reported net income was $5M.
How have Sechan Electronics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sechan Electronics, Inc.'s sponsor-wide assets grew 11.1%, from $59M to $66M.
Where does Sechan Electronics, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Sechan Electronics, Inc. Employee Stock Ownership Plan ranks in the 84th 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 Sechan Electronics, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Re/Spec Inc. Employee Stock Ownership Plan in SD ($43M, 471 participants).
Which ESOP plans cover a similar participant headcount to Sechan Electronics, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Sb Financial Group Employee Stock Ownership Plan in OH (271 participants, $5M 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 232336672.

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.